CHEVALIER INT'L increased its stake in the remaining 40% of the elderly care home business by over 200 million yuan

AASTOCKS
2026.02.15 09:45

CHEVALIER INT'L (00025.HK) announced the acquisition of the remaining 40% equity of NC1 Sandhill from an independent third party, Mitsui & Co., Ltd., to become a wholly-owned subsidiary. The latter holds a facility building on Yundili Road in Hong Kong, which includes an elderly care home and facilities, with a total cash consideration of HKD 204 million

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