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Canvest Environmental Proposes Privatization and Delisting

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Canvest Environmental Proposes Privatization and Delisting

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

Canvest Environmental Protection Group Co. Ltd. has announced a proposal for its privatization by Grandblue Investment Hongkong Limited through a scheme of arrangement under the Companies Act of the Cayman Islands. The announcement includes connected transactions and special deals related to land disposal, smart parking disposal, and office building disposal, as well as amendments to exchangeable bonds terms and conditions. The company also proposes the withdrawal of its listing, with relevant documents and offer letters dispatched to shareholders and option holders.

More about Canvest Environmental Protection Group Co. Ltd.

Canvest Environmental Protection Group Co. Ltd. is a company operating in the environmental protection industry, primarily focusing on waste-to-energy projects and environmental management services.

YTD Price Performance: -5.36%

Average Trading Volume: 749

Technical Sentiment Signal: Sell

Current Market Cap: €1.31B

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