Kaisa Group to dispose 30.12% effective interest in project company for RMB21.6 million

Reuters
Mar 18
Kaisa Group to dispose 30.12% effective interest in project company for RMB21.6 million

Kaisa agreed to dispose of the entire share capital of a target company to its subsidiary Kaisa Health for RMB 21.6 million. The consideration will be settled through the issue of 2.79 million new Kaisa Health shares at an issue price of HKD 8.75 per share, assuming a share consolidation takes effect. The transaction results in a disposal by Kaisa of a 30.12% effective interest in Qinghai Pharmaceutical. Following completion, Kaisa’s stake in Kaisa Health is expected to increase to about 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 IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260318-12058134), on March 18, 2026, and is solely responsible for the information contained therein.

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