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Canvest Environmental Protection Group Co. Ltd. ( (HK:1381) ) has shared an update.
Canvest Environmental Protection Group Co. Ltd. has announced a proposal for its privatization through a scheme of arrangement under the Cayman Islands Companies Act, which was approved at the Extraordinary General Meeting (EGM) and Court Meeting. The company also disclosed several connected transactions and special deals, including land, smart parking, and office building disposals, as well as amendments to exchangeable bonds. The register of members will be closed from May 21, 2025, to determine entitlements under the scheme, and the proposed withdrawal of the company’s listing is part of the privatization process.
More about Canvest Environmental Protection Group Co. Ltd.
Canvest Environmental Protection Group Co. Ltd. operates in the environmental protection industry, focusing on waste-to-energy projects and other environmental services. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: 5.45%
Average Trading Volume: 4,470,774
Technical Sentiment Signal: Buy
Current Market Cap: HK$11.77B
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