EVERG SERVICES: Negotiations on Controlling-Stake Sale Terminate; Liquidators Pursue New Buyers

Bulletin Express06-25

Evergrande Property Services Group Limited (EVERG SERVICES) disclosed on 25 June 2026 that talks between the company’s potential sellers—China Evergrande Group (CEG) and CEG Holdings—and a previously identified potential purchaser have ended without any binding sale-and-purchase agreement.

The company’s provisional liquidators, appointed over CEG, remain in active discussions with financial advisers to identify alternative parties interested in acquiring CEG’s controlling stake in EVERG SERVICES.

In accordance with Rule 3.7 of Hong Kong’s Takeovers and Mergers Code, the company will issue monthly progress reports until either a firm intention to make an offer is announced under Rule 3.5 or a decision is taken not to proceed.

Management reiterated that there is no assurance the proposed transaction will proceed and advised shareholders and prospective investors to exercise extreme caution when dealing in the company’s securities.

The board of EVERG SERVICES comprises three executive directors, two non-executive directors and five independent non-executive directors. All directors accept responsibility for the accuracy of the information contained in the announcement.

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