Kangda International Environmental Co. Ltd. has announced a mandatory unconditional cash offer made by First Shanghai Securities Limited on behalf of joint offerors to acquire all issued shares of Kangda International Environmental Company Limited and to cancel all outstanding share options. The announcement also includes the establishment of an independent board committee and the appointment of an independent financial adviser. This transaction was disclosed after trading hours on 11 July 2025, as Mr. Duan, the holder of Exchangeable Bonds, served the EB Notice on Kangda Holdings.
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