Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
EVERG SERVICES: Exclusivity Period for Potential Transaction Expires Without Extension; Shares Slip 6%+
Recommend 10 Positive 8 Negative 11 |
||||
|
||||
|
EVERG SERVICES (06666.HK) announced that the Company was informed by the Liquidators that the exclusivity period for negotiations in respect of the Potential Transaction under the exclusivity agreement entered into between China Evergrande and CEG Holdings (Potential Sellers) expired on 15 May 2026 and has not been extended. Notwithstanding the expiry of such exclusivity period, discussions between both parties remain ongoing with a view to finalizing the terms of the formal sale and purchase agreement in respect of the Potential Transaction. At the moment, the Potential Sellers collectively hold 51.016% of the Shares; the Potential Transaction remains subject to further negotiations between the Potential Sellers and the Potential Purchaser regarding the terms of any definitive sale and purchase agreement; and no formal or legally binding agreement has been entered into in respect of the Potential Transaction. EVERG SERVICES once plunged 10.4% to a trough of HKD1.29 this morning (20th). It last stood at HKD1.35, down 6.25%, with turnover of 65.8375 million shares, involving HKD88.001 million. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
