Tianjin Capital Environmental Protection Transfers Ownership of Hong Kong Unit to Controlling Shareholder

MT NewswiresDec 18 10:57

Tianjin Capital Environmental Directors Approve Unit's Purchase of Water Recycling Project Assets

MT NewswiresDec 18 10:52

Tianjin Chuangye Environmental Protection (01065.HK) transferred the Sewerage Business to its controlling Shareholder for over 29.97 million yuan.

Tianjin Chuangye Environmental Protection (01065.HK) announced a related Trade, for strategic considerations and to revitalize existing Assets, intends to sell 100% equity of Tianjin Chuangye Environmental Protection (Hong Kong) to the controlling Shareholder, Tianjin Municipal Investment, for a price of 29.9735 million RMB. The main scope of operation of Tianjin Chuangye Environmental Protection (Hong Kong) includes operation services for water resource Sewerage projects, construction of Sewerage treatment plants, development and construction of urban water reuse systems, development and construction of seawater desalination systems, and sales of Sewerage treatment equipment. The actual revenue recorded from the sale will be determined at the time of delivery and is subject to verification. Any net proceeds from the sale will

AASTOCKSDec 18 08:46

Selected announcements | CHINAHONGQIAO expects annual Net income to nearly double year-on-year; GOLDLION HOLD receives a premium for privatization, resuming trading today.

CHINAHONGQIAO expects that the Net income for the year ending December 31, 2024, may increase by around 95% year-on-year; China Coal Energy's Commodity coal sales for the first 11 months were 0.256 billion tons, showing a decrease of 1.9% year-on-year; November sales were 25.8 million tons, representing a year-on-year increase of 11.4%.

cls.cnDec 18 08:20

TIANJIN CAPITAL plans to acquire the Zhangguizhuang recycled water plant project Assets for 0.218 billion yuan.

TIANJIN CAPITAL (01065) announced that on December 17, 2024, the Board of Directors approved the proposal regarding the asset transfer agreement between the wholly-owned subsidiary, Zhongshui Company, and Tianjin Urban Investment for the Zhang Guizhuang Reclaimed Water Plant project. According to the asset transfer agreement, the company conditionally agrees to acquire, while Tianjin Urban Investment conditionally agrees to sell the transferred assets for a price of 0.218 billion yuan. According to the asset transfer agreement, the assets to be acquired by Zhongshui Company include the structures and other auxiliary facilities of the Zhang Guizhuang Reclaimed Water Plant project, pipeline trenches, land use rights, other intangible assets, machinery and equipment, and electronic devices.

Sina Hong Kong StocksDec 18 07:51

Tianjin Capital Appoints New Board Secretary

TipRanksDec 18 06:40