Precondition for Canvest Environmental Protection Group Privatization Partially Met

MT Newswires Live

Jan 24

Part of a precondition in the proposed privatization of Canvest Environmental Protection Group (HKG:1381) by Grandblue Investment Hong Kong has been fulfilled, according to a joint announcement by the parties on Thursday.

Grandblue Environment recently received the Certificate of Enterprise Overseas Investment from the Department of Commerce of Guangdong Province.

It has also completed the filing of overseas investment with the relevant commerce department relating to the privatization proposal.

Grandblue Investment Hong Kong is a unit of Grandblue Environment (SHA:600323).

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