GF Healthcare plans to sell Sino Business Investment Development Limited for HKD 60,000.

GF HEALTHCARE (08143) announced that on September 20, 2024, the company intends to sell all issued shares of Sino Business Investment Development Limited to Lin Xuejiao for a price of 60,000 Hong Kong dollars. The group expects to generate unaudited revenue of approximately 10.4 million Hong Kong dollars from the sale. It is reported that the selling group has mainly been engaged in providing comprehensive hospital services in China, and has been in a state of suspension since July 2022.