Brief: Kaisa Prosperity Says Stake Buy In Hebei Changrunda Environmental Engineering Will Not Proceed

Kaisa Prosperity Holdings

22/12/2021 14:24

Dec 22 (Reuters) - Kaisa Prosperity Holdings Ltd  2168.HK :
    * REFERS TO ANNOUNCEMENT DATED 27 AUG ON ACQUISITION OF A
70%
EQUITY INTEREST IN HEBEI CHANGRUNDA ENVIRONMENTAL ENGINEERING
    * UNIT HAS DECIDED THAT IT WILL NOT PROCEED WITH PROPOSED
ACQUISITION
    * PARTIES MUTUALLY AGREED TO SIGN A TERMINATION AGREEMENT,
WHICH
WILL TAKE EFFECT FROM 21 DEC

Further company coverage:  2168.HK 

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