China Greenland Broad Greenstate Group provides update on acquisition of Shanghai Greenland Senmao Landscaping Engineering
China Greenland Broad Greenstate Group has updated on its acquisition of 100% equity in Shanghai Greenland Senmao Landscaping Engineering. The valuation was based on a market approach using comparable company methodology, focusing on public companies in construction, engineering, or environmental services with significant revenue from these sectors and a trading history of at least three years. The board affirmed that the acquisition terms are fair and in the interest of the company and its shareholders, with no changes to previous details.
China Greenland Broad Greenstate Group Company Limited has provided additional information regarding its acquisition of 100% equity interests in Shanghai Greenland Senmao Landscaping Engineering Co., Ltd. The company clarified that the valuation of the target was based on a market approach, using comparable company methodology. Criteria for selecting comparables included public company status, industry alignment with construction, engineering, or environmental services, a majority of revenue from those activities, operations in mainland China or Hong Kong, and at least three years of trading history. The board stated that the terms of the acquisition are fair, reasonable, and in the interest of the company and its shareholders. All other details from the previous announcement remain unchanged. 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. China Greenland Broad Greenstate Group Co. Ltd. published the original content used to generate this news brief on October 09, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
