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The latest announcement is out from Canvest Environmental Protection Group Co. Ltd. ( (HK:1381) ).
Canvest Environmental Protection Group Co. Ltd. has announced a joint initiative with Grandblue Investment Hongkong Limited for its privatization through a scheme of arrangement under Cayman Islands law. This move includes several transactions such as land and asset disposals, option offers, and a proposed withdrawal from the stock exchange listing. The company has completed necessary regulatory approvals from Chinese authorities, marking progress in the privatization proposal, which could significantly impact its strategic positioning and stakeholder interests.
More about Canvest Environmental Protection Group Co. Ltd.
Canvest Environmental Protection Group Co. Ltd. operates in the environmental protection industry, providing services and solutions related to waste-to-energy projects and environmental management. The company focuses on utilizing advanced technologies to convert waste into energy, contributing to sustainable development and environmental conservation.
YTD Price Performance: 0.89%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.39B
For detailed information about 1381 stock, go to TipRanks’ Stock Analysis page.
