Canvest Environmental Protection Group Co. Ltd. (HK:1381) has released an update.
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Canvest Environmental Protection Group Co. Ltd. is set to be privatized by Grandblue Investment Hongkong Limited through a scheme of arrangement, alongside various asset disposals and a proposed withdrawal from listing. The move is part of a broader material asset restructuring by Grandblue Environment, aimed at optimizing its portfolio and enhancing value for shareholders. These developments, disclosed on the Shanghai Stock Exchange, mark a significant transformation for both companies.
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