China Evergrande New Energy Vehicle Says in Talks to Dispose Some of Elderly Care Valley & Other Assets
November 26, 2021 at 09:46 am
China Evergrande New Energy Vehicle Group Limited (SEHK:708) in talks for potential disposal of some of Elderly Care Valley, New EV Living Projects & other assets. Disposal of stakes in Protean Electric & E-Traction Europe B.V. have recently been or will soon be completed. As of date, negotiation remains in progress to introduce funds to group. As at November 26, 2021 Co completed disposal of majority assets held by Co's unit Evergrande Hofer Powerchain Gmbh. As at November 26, 2021 Co. has completed disposal of group's equity interests in Meneco AB.