Gelonghui, May 6, 丨 Hong Kong Chaoshang Group (02322.HK) issued an announcement. On May 5, 2023, the company, as a potential buyer, signed a non-legally binding memorandum of understanding with two potential sellers. According to the MOU, the Company intends to acquire and the potential seller intends to sell 100% of the total equity interest in a target company (together with its subsidiaries, the “Target Group”). The target group promotes and sells medical devices and nutritional health products; promotes pharmaceuticals; and provides clinic operation management systems and training services in China. The exclusivity period expired on May 4, 2024, so the two parties jointly agreed in writing to terminate the MOU on the same day.
香港潮商集团(02322.HK)：终止有关一项建议收购事项的谅解备忘录
Hong Kong Chaoshang Group (02322.HK): Termination of Memorandum of Understanding relating to a proposed acquisition
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