Green Economy Development Ltd. Announces Strategic Investment in Bayzed Health to Enhance Treasury Returns
Reuters
Jul 16
Green Economy Development Ltd. Announces Strategic Investment in Bayzed Health to Enhance Treasury Returns
Green Economy Development Ltd., a company incorporated in the Cayman Islands, has announced an equity investment in Bayzed Health. This strategic move, approved unanimously by the Board, aims to diversify the company's treasury returns through liquid Hong Kong-listed growth assets. Bayzed Health operates in the rapidly expanding private oncology healthcare sector in China, which is projected to grow at a 17.4% compound annual growth rate from 2026 to 2030, according to a Frost & Sullivan report. Green Economy Development Ltd. plans to utilize this investment to enhance working capital for its supply chain management operations, with a focus on realizing profits in due course. The company's Risk Management Committee has implemented measures to mitigate exposure, including a reporting mechanism and regular market value monitoring of the investment.
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