EVERG SERVICES Shares Surge Nearly 6% Amid Expectations of Buyer Emergence by May

Stock News04-29 14:42

EVERG SERVICES (06666) rose nearly 6% again, climbing 5.88% to HK$1.44 by the time of writing, with a turnover of HK$135 million. Earlier this month, EVERG SERVICES announced that the liquidators of EVERGRANDE (03333) had signed an exclusivity agreement with a selected bidder, initiating a 30-working-day exclusive negotiation for 51.016% of EVERG SERVICES' shares. Market expectations suggest that a potential acquirer for EVERG SERVICES could emerge as early as May. Speculation about interested buyers has been ongoing. According to reports, leading companies such as China Resources Mixc Lifestyle Services, COLI Property Services, Poly Property Services, and PAG Group have been mentioned in rumors, though the parties involved quickly issued clarifications. Industry sources recently revealed that EVERG SERVICES has selected Guangdong Tourism Group for exclusive negotiations, with Guangdong Tourism Group outbidding other competitors, including PAG.

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