Canvest Environmental Protection Group Co. Ltd. ( (HK:1381) ) has provided 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 several connected transactions and special deals, such as land and office building disposals, and a proposed withdrawal of the company’s listing. The announcement highlights the progress in fulfilling pre-conditions related to guarantee issues, indicating a strategic restructuring that could impact stakeholders and potentially enhance the company’s operational efficiency and market positioning.
More about Canvest Environmental Protection Group Co. Ltd.
Canvest Environmental Protection Group Co. Ltd. is a company incorporated in the Cayman Islands, focusing on environmental protection services. It operates primarily in the waste-to-energy sector, providing sustainable waste management solutions.
YTD Price Performance: 2.68%
Average Trading Volume: 749
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.39B
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