BetterLife's Subsidiary Wins Bid for Creditor's Rights from Mengshang Bank

MT Newswires Live

2024/11/01

BetterLife (HKG:6909) subsidiary Beijing BetterLife Group won the bid for the potential acquisition of creditor's rights from Mengshang Bank at a final bid price of 965.0 million yuan, a Friday Hong Kong bourse filing said.

Beijing BetterLife Group and the bank are negotiating the terms for the creditor's rights transfer agreement which is expected to be signed within five days after winning the bid.

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