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The latest announcement is out from Kangda International Environmental Co Ltd ( (HK:6136) ).
Kangda International Environmental Co Ltd announced an update regarding the exercise of share options, resulting in the allotment of 75,933,500 shares. This move is part of the company’s ongoing share option scheme, which impacts its capital structure and may influence its market positioning. The announcement follows a mandatory unconditional cash offer by the Joint Offerors to acquire all issued shares and cancel outstanding share options, indicating potential shifts in ownership and strategic direction.
The most recent analyst rating on (HK:6136) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Kangda International Environmental Co Ltd stock, see the HK:6136 Stock Forecast page.
More about Kangda International Environmental Co Ltd
Kangda International Environmental Co Ltd operates in the environmental industry, focusing on providing environmental protection services and solutions. The company is involved in water treatment and management, catering to the growing demand for sustainable environmental practices.
Average Trading Volume: 3,380,760
Technical Sentiment Signal: Buy
Current Market Cap: HK$847.8M
For a thorough assessment of 6136 stock, go to TipRanks’ Stock Analysis page.