Everest Holdings I Limited Raises Stake in Evergrande Property Services with 5.515 Billion Share Purchase at HK$0.73 Each

Stock News11-02 19:56

According to the latest data from the Hong Kong Stock Exchange, on October 28, Everest Holdings I Limited increased its holdings in Evergrande Property Services Group Limited (06666) by 5,515,229,000 shares at a price of HK$0.73 per share, for a total consideration of approximately HK$4.026 billion.

Following the increase, Everest Holdings I Limited's latest shareholding stands at approximately 5.515 billion shares, representing a stake of 51.02%.

The transaction involves the following related parties: Pacific Alliance Group Limited, PAG, PAG Asia Capital GP IV Limited, PAG Asia IV LP, PAG Capital Limited, and Shan Weijian.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment