Royale Home Unit Secures Buyer for 25% Stake in Chemical Product Manufacturer

MT Newswires Live

2025/04/29

Royale Home (HKG:1198) unit Guangzhou Yuyuan Real Estate Development agreed to sell a 25% stake in Dongma (Guangzhou Bonded Area) Grease Chemical Engineering to Lvshang Technology (Guangzhou) for 60 million yuan.

Lvshang Technology was the sole bidder in the tender process for the sale of chemical product manufacturer Dongma, a Monday Hong Kong bourse filing said.

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