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Canvest Environmental Protection Group Co. Ltd. ( (HK:1381) ) just unveiled an announcement.
Canvest Environmental Protection Group Co. Ltd. and Grandblue Investment Hongkong Limited have announced a pre-conditional proposal for the privatization of Canvest through a scheme of arrangement. This move includes various transactions such as land, smart parking, and office building disposals, and aims at a withdrawal of the company’s listing. This strategic shift may impact Canvest’s operations and market positioning, potentially affecting stakeholders as the company navigates regulatory approvals and restructures its assets.
More about Canvest Environmental Protection Group Co. Ltd.
Canvest Environmental Protection Group Co. Ltd. is a prominent player in the environmental protection industry, focusing on waste-to-energy projects and other waste management solutions. The company is known for its commitment to sustainable practices and operates primarily in the Greater China region.
YTD Price Performance: 1.79%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.4B
For a thorough assessment of 1381 stock, go to TipRanks’ Stock Analysis page.
