Canvest Environmental Protection Group Co. Ltd. (HK:1381) has released an update.
Canvest Environmental Protection Group Co. Ltd. is undergoing a pre-conditional proposal for privatization through a scheme of arrangement, which involves several key transactions including land and property disposals. The company has made progress on some pre-conditions, such as the Yuezhan Environmental Disposal, but several others remain unfulfilled, including internal approvals and antitrust declaration in China. Investors should keep an eye on the completion of these steps as they are crucial for the proposal’s success.
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