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The latest announcement is out from Canvest Environmental Protection Group Co. Ltd. ( (HK:1381) ).
Canvest Environmental Protection Group Co. Ltd. has announced the fulfilment of a significant pre-condition related to its proposed privatization. The completion of a capital injection of RMB4.6 billion into Grandblue Foshan marks progress, with several pre-conditions already met. However, a few conditions are still outstanding, and stakeholders are advised to exercise caution as the proposal’s implementation remains subject to these conditions being fulfilled.
More about Canvest Environmental Protection Group Co. Ltd.
Canvest Environmental Protection Group Co. Ltd. operates in the environmental protection industry, focusing primarily on waste-to-energy and environmental protection projects. The company aims to develop sustainable solutions in waste management and energy production, targeting markets in the Greater China region.
YTD Price Performance: 0.89%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.39B
For a thorough assessment of 1381 stock, go to TipRanks’ Stock Analysis page.