Kangda International Environmental Co Ltd (HK:6136) has released an update.
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Kangda International Environmental Co. Ltd has announced the sale of its 100% equity interest in Zhongshan Kangda Water Co. Ltd for RMB96,050,900. The transaction involves the transfer of ownership to a company engaged in water supply and wastewater treatment, marking a significant move in the company’s strategic portfolio management. This sale, classified as a discloseable transaction, reflects Kangda’s focus on optimizing its asset management and financial performance.
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