Canvest Environmental Protection Group Co. Ltd. (HK:1381) has released an update.
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Canvest Environmental Protection Group Co. Ltd. has provided shareholders with new information regarding the valuation methods and financial impact of their recent asset disposals, including land, smart parking, and office buildings. Independent valuers have applied the cost approach for land valuation and an asset-based approach for the smart parking disposal, considering factors such as replacement costs, depreciation, and market stability.
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