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Chevalier International Sells Chrysler Dealership Business in Canada

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Chevalier International Sells Chrysler Dealership Business in Canada

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Chevalier International Holdings Limited ( (HK:0025) ) just unveiled an announcement.

Chevalier International Holdings Limited has announced a discloseable transaction involving the sale of its Chrysler car dealership business and related assets and properties in Canada. The transaction, which involves a base price of CA$13,750,000 for the properties and an estimated net carrying value of CA$1,967,000 for the business and its assets, is expected to impact the company’s operations by divesting a part of its automotive segment, potentially affecting its market positioning and stakeholder interests.

The most recent analyst rating on (HK:0025) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Chevalier International Holdings Limited stock, see the HK:0025 Stock Forecast page.

More about Chevalier International Holdings Limited

Chevalier International Holdings Limited is a company incorporated in Bermuda, engaged in various business sectors. The company operates in industries such as car dealership, and is involved in the sale and management of related assets and properties.

Average Trading Volume: 28,065

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.16B

For an in-depth examination of 0025 stock, go to TipRanks’ Overview page.

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