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.