Hevol Services Acquires Additional Stake in Property Management

Hevol Services Group Co. Limited (HK:6093) has released an update.

Hevol Services Group Co. Limited has announced the acquisition of an additional 30% equity interest in a property management company for RMB65.4 million. This valuation was based on the market approach, utilizing a trailing EV/EBIT multiple, reflecting both profitability and capital structure. The deal highlights Hevol’s strategic expansion in the property management sector.

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