Kangda International revises deal to sell Dongping wastewater plant assets for RMB127.1 million

Reuters
Yesterday
Kangda International revises deal to sell Dongping wastewater plant assets for RMB127.1 million

Kangda International Environmental Company Limited has replaced its 14 January 2026 buyback agreement with a revised transfer agreement dated 24 February 2026 to sell Dongping County Second Wastewater Treatment Plant’s concession right, the plant and related assets, and associated rights and obligations from its subsidiary Dongping Kangda Water Company Limited to Dongping County Taida Wastewater Treatment Plant for about RMB127.1 million. The update mainly changes the payment terms, splitting the consideration into four instalments of RMB64.0 million, RMB60.0 million, RMB2.0 million and a remaining balance of about RMB1.1 million, with completion to occur on the transfer date after the second instalment is paid and transfer procedures commence.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kangda International Environmental Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260224-12028547), on February 24, 2026, and is solely responsible for the information contained therein.

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