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Kangda International Announces Update on Cash Offer by Joint Offerors to Acquire Issued Shares

Reuters2025-09-12

Kangda International Announces Update on Cash Offer by Joint Offerors to Acquire Issued Shares

Kangda International Environmental Company Limited has announced an update regarding the mandatory unconditional cash offer by Sharp Profit Investments Limited and Mr. Duan Chuan Liang, in collaboration with China Water Affairs Group Limited, to acquire all issued shares and cancel all outstanding share options of the company. The announcement follows a series of disclosures, including a joint announcement on July 21, 2025, and a composite document published on September 1, 2025. The company's board, led by Chairman Li Zhong, reiterated their commitment to transparency and accuracy in their communications regarding this transaction.

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 on September 12, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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