HK Stock Market Move | EVERG SERVICES (06666) rises over 6%; discussions with potential buyers are still ongoing.

EVERG SERVICES (06666) rose over 6%, up 6.11% as of press time, at HK$1.215, with a turnover of HK$2.3555 million. On the news front, EVERG SERVICES announced on Wednesday that it had been informed by the liquidators that the liquidators have received proposals submitted by several potential buyers in relation to the potential transaction. EVERGRANDE and CEG Holdings (collectively referred to as the Potential Sellers) have entered into an exclusivity agreement with a selected bidder (the Potential Buyer). Pursuant to the agreement, the Potential Sellers and the Potential Buyer have agreed to conduct exclusive negotiations in respect of the potential transaction, with the negotiation period ending on October 27. Currently, discussions between the Potential Sellers and the Potential Buyer are still ongoing, and both parties are negotiating the terms of a formal sale and purchase agreement for the potential transaction. As of now, the parties have not entered into any formal sale and purchase agreement in respect of the potential transaction. The timing for the signing of any definitive transaction documents has not yet been determined.