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Canvest Advances Privatization with Regulatory Approval

Canvest Advances Privatization with Regulatory Approval

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

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Canvest Environmental Protection Group Company Limited is moving forward with its privatization plans, having satisfied a key pre-condition that involved obtaining approval from China’s State Administration for Market Regulation under the PRC Anti-monopoly Law. While other pre-conditions remain to be met, the company will make further announcements in compliance with the Takeovers Code. Shareholders and investors are advised to exercise caution and seek professional advice when dealing with the company’s securities.

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

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