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Caravelle International Group's CEO Sells Company His Sawmill and Laminate Wood Flooring Factories Valued at $30 Million for $1

PR Newswire - Press Release

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Acquisition could add $150 million in revenue and $30 million in profit when operating at full-scale

SINGAPORE, April 26, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq:CACO), a global ocean technology company, today announced that the Company's CEO Dr. Guohua Zhang has sold Penxing Gabon SARL to Caravelle for $1. 

Read more at prnewswire.com

Related Symbols

Symbol Last Chg %Chg
CACO 0.4401 -0.0173 -3.78%
Caravelle International Group

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