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The latest announcement is out from Tianjin Capital Environmental Protection Group Co ( (HK:1065) ).
Tianjin Capital Environmental Protection Group Co announced the proposed termination of some investment projects related to their non-public issuance of shares. The company raised significant funds through this issuance, which were allocated to various infrastructure projects. However, due to incomplete government audits and settlement processes, some project payments have not yet met the payment conditions, impacting the financial execution of these projects.
More about Tianjin Capital Environmental Protection Group Co
Tianjin Capital Environmental Protection Group Co is a company incorporated in the People’s Republic of China, focusing on environmental protection. Its primary services include sewage processing and the development of pipeline networks, with a market focus on infrastructure projects in various regions including Anhui and Tianjin City.
Average Trading Volume: 1,216,955
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.28B
Find detailed analytics on 1065 stock on TipRanks’ Stock Analysis page.