Econ Healthcare (Asia) Limited (SG:EHG) has released an update.
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Econ Healthcare (Asia) Limited has completed a strategic sale of its interests in three China-based eldercare companies, reducing its stakes in Chongqing Yikang and Chongqing Changshou to 49% and fully divesting Sichuan Guangda. The transaction, worth approximately S$701,000, is not expected to significantly impact the company’s earnings per share or net tangible assets for the fiscal year ending March 2025.
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