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China Water Affairs Group ( (HK:0855) ) has shared an announcement.
China Water Affairs Group Limited, along with Sharp Profit Investments Limited and Mr. Duan Chuan Liang, has issued a joint announcement regarding the despatch of a composite document related to a mandatory unconditional cash offer. This offer, facilitated by First Shanghai Securities Limited, aims to acquire all issued shares and cancel outstanding share options of Kangda International Environmental Company Limited. The document includes terms of the offer, recommendations from the Independent Board Committee, and advice from the Independent Financial Adviser. The offer opens for acceptance on September 1, 2025, with a closing date set for September 22, 2025.
The most recent analyst rating on (HK:0855) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on China Water Affairs Group stock, see the HK:0855 Stock Forecast page.
More about China Water Affairs Group
YTD Price Performance: 25.03%
Average Trading Volume: 2,146,637
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$10.14B
Learn more about 0855 stock on TipRanks’ Stock Analysis page.