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Kangda International Environmental Co Ltd ( (HK:6136) ) has provided an update.
Kangda International Environmental Co Ltd announced an update on its share option scheme, revealing that 2,500,000 share options have lapsed while 45,940,000 shares were allotted following the exercise of share options at HK$0.30 each. This development is part of a broader mandatory unconditional cash offer by the Joint Offerors to acquire all issued shares and cancel outstanding share options, potentially impacting the company’s market positioning and shareholder structure.
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 comprehensive water treatment and environmental protection services. The company is involved in various projects related to wastewater treatment, water supply, and environmental sanitation, primarily targeting markets in China.
Average Trading Volume: 3,080,887
Technical Sentiment Signal: Buy
Current Market Cap: HK$823.8M
See more data about 6136 stock on TipRanks’ Stock Analysis page.