Canvest Environmental Secures Loan Amid Shareholding Requirements
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Canvest Environmental Secures Loan Amid Shareholding Requirements

Canvest Environmental Protection Group Co. Ltd. (HK:1381) has released an update.

Canvest Environmental Protection Group Co. Ltd. has secured a RMB360 million loan facility, with specific performance covenants requiring their controlling shareholders to maintain a minimum 35% shareholding. This agreement, effective for 84 months, highlights the company’s strategic financial maneuvering amidst ongoing privatization efforts.

For further insights into HK:1381 stock, check out TipRanks’ Stock Analysis page.

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