Meilleure Health to Acquire Property Investment Company

MT Newswires Live

Sep 21

A unit of Meilleure Health International Industry Group (HKG:2327) agreed to acquire Tech-Medi Development from Yee Sheng Enterprises.

Unit Meilleure Group Development will make the purchase for HK$35.2 million, a Monday bourse filing showed.

The target engages mainly in property investment and leasing, with a Grade A commercial property in Admiralty, Hong Kong, as a core asset.

The company plans to use the premises as its own office in a bid to reduce rental expenses and boost operational stability.

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