HK Stock Market Move | EVERG SERVICES (06666) rose nearly 12% in morning trading; the exclusive negotiation period expires tomorrow, and the market is watching the progress of the equity transaction.
Evergrande Property Services (06666) rose nearly 12% in morning trading. As of press time, it was up 9.39% at HK$1.165, with a turnover of HK$22.9435 million.
EVERG SERVICES (06666) rose nearly 12% in morning trading. As of press time, it was up 9.39% at HK$1.165, with a turnover of HK$22.9435 million.
On the news front, EVERG SERVICES announced at the end of September that the liquidators had received proposals submitted by several potential buyers in respect of the potential transaction; EVERGRANDE and CEG, as potential sellers, had entered into an exclusivity agreement with a selected bidder, with the negotiation period running until October 27 this year. It was previously rumored in the market that PAG was in exclusive talks with the EVERGRANDE liquidators to acquire a majority stake in EVERG SERVICES, and PAG said it "declined to comment."
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