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The latest update is out from Canvest Environmental Protection Group Co. Ltd. ( (HK:1381) ).
Canvest Environmental Protection Group Co. Ltd. and Grandblue Investment Hongkong Limited have announced the fulfillment of all pre-conditions for the proposed privatization of Canvest by Grandblue through a scheme of arrangement. This development includes several connected transactions and special deals related to land, smart parking, and office building disposals, as well as a proposed withdrawal of the company’s listing. The fulfillment of these pre-conditions marks a significant step in the privatization process, potentially impacting the company’s market presence 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, focused on environmental protection and waste-to-energy services. It operates in the environmental protection industry, providing solutions for waste management and energy recovery.
YTD Price Performance: -0.89%
Average Trading Volume: 749
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €1.36B
Learn more about 1381 stock on TipRanks’ Stock Analysis page.