China Water Affairs acquires 29.52% stake in Kangda International Environmental for HKD 1.2B

China Water Affairs Group, through its wholly-owned subsidiary Sharp Profit Investments Limited, agreed on April 3, 2019 to acquire a 29.52% stake in Kangda International Environmental (Kangda Environmental) from Kangda Holdings and Zhao Sizhen for a total consideration of HKD 1.2 billion.

“此次收购事项如获付诸实行，会为集团带来大好机会，可扩展其核心业务供水及污水处理能力及扩大地域覆盖”beta.zhitongcaijing.com

• 2 sources
• beta.zhitongcaijing.com中国水务(00855)斥12亿港元收购康达环保(06136)29.52%股权Apr 3, 2019
• beta.zhitongcaijing.com康达环保(06136)：康达控股拟向中国水务(00855)出售6亿股 持股降至26.76%Apr 3, 2019

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