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Canvest Environmental Protection Group Co. Ltd. ( (HK:1381) ) has shared an update.
Canvest Environmental Protection Group Co. Ltd. has announced an extraordinary general meeting to discuss a scheme of arrangement that involves the reduction and subsequent maintenance of its issued share capital. The scheme, which requires approval from the Grand Court of the Cayman Islands, includes the cancellation of existing shares and issuance of new shares to maintain the capital structure. Additionally, the meeting will address special deals under the Takeovers Code, including the Rollover Arrangement and disposals related to land, smart parking, and office buildings, which could impact the company’s strategic positioning and stakeholder interests.
More about Canvest Environmental Protection Group Co. Ltd.
Canvest Environmental Protection Group Co. Ltd. is a company incorporated in the Cayman Islands, operating within the environmental protection industry. It focuses on providing services related to waste management and environmental sustainability.
YTD Price Performance: -5.36%
Average Trading Volume: 749
Technical Sentiment Signal: Sell
Current Market Cap: €1.31B
Learn more about 1381 stock on TipRanks’ Stock Analysis page.