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Kangda International Environmental Co Ltd ( (HK:6136) ) has issued an update.
Kangda International Environmental Co Ltd has announced the disposal of its 100% equity interest in Liangshan Kangda Water Co., Ltd. for RMB80,000,000. This transaction involves the sale of the wastewater treatment plant operations established under a 30-year concession agreement with the Liangshan Economic Development Zone. The purchaser is a state-owned entity in the PRC, which highlights a strategic move for Kangda to possibly streamline its operations or reallocate resources.
More about Kangda International Environmental Co Ltd
Kangda International Environmental Co Ltd operates in the environmental sector, focusing on wastewater treatment services. The company is involved in developing, operating, and maintaining wastewater treatment plants, primarily serving economic development zones.
Average Trading Volume: 309,981
Technical Sentiment Signal: Hold
Current Market Cap: HK$706.1M
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