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RTNominal unchange0.163 0.000 (0.000%)

09/09/2021 14:54

Capital Env (03989) to buy shares of waste treatment company

[ET Net News Agency, 9 September 2021] Capital Environment Holdings Limited (03989)
said its subsidiary Beijing Capital Environment Investment Limited has agreed to buy
85.64% equity interests in Zhumadian ECO-WASTE Technology Co., Ltd. (the target company)
at the consideration of approximately RMB238.1 million.
The target company is principally engaged in the treatment, sales and incineration of
combustible domestic waste, food waste, industrial waste and construction waste for power
generation. The target company is the project company of the PPP project, which is one of
the few large-scale domestic waste incineration projects in Henan province, the PRC. (RC)

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