Chevalier International Holdings Limited has completed the sale of its car dealership business in Canada. The transaction closed on 26 September 2025, following the satisfaction of all conditions in the asset purchase agreement. The total consideration at closing, accounting for pre-closing inventory movements, was approximately CA$23.89 million (about HK$135.46 million). The group has ceased operations of the business in Canada, and the unaudited net gain before taxation from the disposal is estimated to be around CA$12.07 million. This update was disclosed by Chevalier International Holdings Limited.
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