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Hevol Services Expands Stake in Property Management Firm

Hevol Services Expands Stake in Property Management Firm

Hevol Services Group Co. Limited (HK:6093) has released an update.

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Hevol Services Group Co. Limited has announced a significant acquisition, agreeing to purchase an additional 30% equity interest in a property management company for RMB65.4 million. This move will increase Hevol’s ownership to 90%, positioning the company for enhanced control and potential growth. The transaction, classified as a discloseable and connected transaction, has been approved by the company’s board, who believes it is in the best interest of shareholders.

For further insights into HK:6093 stock, check out TipRanks’ Stock Analysis page.

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