GR Life Style Co. Ltd. has agreed to acquire approximately 78.3% of the issued share capital of a target company primarily engaged in digital medical services in China. The proposed acquisition will be completed through the issue of consideration shares under a specific mandate. This move is part of the company's ongoing strategy to diversify its business portfolio, broaden income sources, and enhance long-term shareholder returns, as outlined in its 2024 Annual Report. The group is currently engaged in property development, investments, and property management services in China, the US, and the UK, and sees this acquisition as a strategic entry into the digital medical services sector.
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. GR Life Style Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251205-11947142), on December 05, 2025, and is solely responsible for the information contained therein.