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Daido Group's Subsidiary Confirms Increased Rent for Cold Storage Warehouse; Shares Drop 8%
Express News | Chevalier International Holdings H1 Net Income HKD 77 Million
Express News | Chevalier International Holdings H1 Revenue HKD 5,055 Million
CHEVALIER INT'L: 2024/25 INTERIM REPORT
Chevalier International Subsidiary Sells Senior Care Facility in Portland
CHEVALIER INT'L (00025.HK) has reached an asset sale agreement with SE Stark for a total price of 35 million USD, involving real estate and multiple facilities.
On December 11, Gelonghui reported that CHEVALIER INT'L (00025.HK) announced that on December 10, 2024, OR4 Laurelhurst (a wholly-owned subsidiary indirectly owned by the company) entered into an asset purchase agreement with SE Stark, whereby OR4 Laurelhurst has agreed to sell and SE Stark has agreed to purchase the transferred assets, with a total price of 35 million US dollars (approximately HKD 0.273 billion). The transferred assets include (among other things) (a) Laurelhurst.