Kaisa Group sells Target Company to Kaisa Health for RMB 21.6 million

Reuters
03/19
Kaisa Group sells Target Company to <a href="https://laohu8.com/S/00876">Kaisa Health</a> for RMB 21.6 million
  • A Kaisa unit agreed to sell 100% of Embrace Blossom to Kaisa Health for RMB21.6 million, to be settled by issuing 2.79 million Kaisa Health shares at HKD8.75 each (post share consolidation).
  • Through the target group, Embrace Blossom indirectly holds 54.84% of Qinghai Pharmaceutical, which manufactures and sells pharmaceutical products in China.
  • Kaisa’s effective interest in Qinghai Pharmaceutical is expected to fall to 24.17% from 54.29%, representing a disposal of 30.12% effective interest.
  • After completion, Kaisa’s stake in Kaisa Health is expected to rise by 1.53 percentage points to 44.52%.


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. Kaisa Group Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: PFC9Q9K71RH3QS86) on March 19, 2026, and is solely responsible for the information contained therein.

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