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Canvest Environmental Updates on Share Issuance Amid Privatization Proposal

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Canvest Environmental Updates on Share Issuance Amid Privatization Proposal

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

Canvest Environmental Protection Group Co. Ltd. announced an update regarding the issuance of securities in the context of a pre-conditional proposal for its privatization by Grandblue Investment Hongkong Limited. The company has issued 2,000,000 new shares following the exercise of share options, bringing the total number of shares to over 2.44 billion. Stakeholders and associates are reminded of their disclosure obligations under the Takeovers Code during the offer period.

More about Canvest Environmental Protection Group Co. Ltd.

Canvest Environmental Protection Group Co. Ltd. is a company incorporated in the Cayman Islands, operating in the environmental protection industry. It focuses on providing waste management services and environmental protection solutions.

YTD Price Performance: -5.36%

Average Trading Volume: 749

Technical Sentiment Signal: Sell

Current Market Cap: €1.31B

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