Canvest Environmental Protection Group Co. Ltd. (HK:1381) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Canvest Environmental Protection Group Co. Ltd and GRANDBLUE INVESTMENT HONGKONG LIMITED have jointly announced a pre-conditional proposal for the privatisation of Canvest via a scheme of arrangement. The announcement also details a corporate governance agreement post-privatisation concerning director and employee appointments. Moreover, the company has also proposed the withdrawal of its listing, alongside connected transactions related to asset disposals.
For further insights into HK:1381 stock, check out TipRanks’ Stock Analysis page.