China Health Group Ltd. Completes Corporate Restructuring with Settlement Deed Finalization

Reuters

2025/07/18

<a href="https://laohu8.com/S/CHHE">China Health</a> Group Ltd. Completes Corporate Restructuring with Settlement Deed Finalization

China Health Group Ltd. has announced the completion of a significant corporate reorganization involving a discloseable transaction related to a settlement deed. As of July 18, 2025, the company has fulfilled the conditions of the settlement deed, leading to the transfer of its entire equity interest in Jinmei Developments Limited. This move includes the cancellation of a promissory note valued at HK$146 million and the issuance of a settlement note worth HK$12 million to the noteholder. Consequently, Jinmei Developments Limited and its subsidiaries are no longer part of China Health Group's subsidiaries. The announcement was made by Chung Ho, the Chief Executive Officer and Executive Director of China Health Group, underscoring a strategic shift in the company's operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Health Group Ltd. published the original content used to generate this news brief on July 18, 2025, and is solely responsible for the information contained therein.

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