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Evergrande Property Services seeks buyer as parent liquidates

September 11, 2025 at 02:00 PM UTCBy FilingReader AI

Evergrande Property Services Group Limited announced today that its controlling shareholders, China Evergrande Group (in liquidation) and CEG Holdings (BVI) Limited, are actively seeking opportunities to sell their combined 51.016% stake in the company. The liquidators have received non-binding indicative offers from potential parties, but the "potential transaction" remains at a preliminary stage with no negotiations yet conducted.

The liquidators intend to invite final proposals from selected potential parties around November 2025 and will then negotiate definitive transaction documents. An offer period for Evergrande Property Services Group commenced on September 11, 2025. Monthly updates on the transaction's progress will be issued.

Trading in Evergrande Property Services Group shares, which was suspended on September 11, 2025, will resume on the Stock Exchange at 9:00 a.m. on September 12, 2025. Shareholders and potential investors are urged to exercise extreme caution as there is no assurance the transaction will materialize.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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