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c&g environmental protection (CNGI) Snapshot

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12/2/13 - $0.42
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09/2/13 - $0.08
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c&g environmental protection (CNGI) Details

C&G Environmental Protection Holdings Limited, an investment holding company, invests in, constructs, operates, and maintains waste-to-energy (WTE) plants in the People’s Republic of China and internationally. It constructs, operates, and maintains waste incineration power plants for the treatment of municipal solid waste under the build-operate-transfer investments schemes. The company’s WTE plants generate electricity by harnessing thermal power from the incineration of waste. It operates five WTE plants in Jinjiang, Hui’an, Anxi, Fuqing in Fujian; and Huangshi in Hubei, as well as a sludge treatment plant in Jinjiang. The company was formerly known as C & G Industrial Holdings Limited and changed its name to C&G Environmental Protection Holdings Limited in May 2010. The company was incorporated in 2004 and is headquartered in Kwun Tong, Hong Kong. C&G Environmental Protection Holdings Limited is a subsidiary of C&G Holdings (Hong Kong) Limited.

Founded in 2004

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c&g environmental protection (CNGI) Key Developments

C&G Environmental Protection Holdings Limited Proposes Special Dividend

C&G Environmental Protection Holdings Limited proposed the approval be and is hereby given to the company for a special dividend of up to RMB 660 million of the net proceeds from the proposed sale to be declared and distributed to shareholders of the company, whose names appear in the register of members of the company as of the record date to be determined by the directors of the company, in cash and on a pro rata basis, following the completion of the proposed sale, subject to the terms and manner described in the circular.

RSM Nelson Wheeler and RSM Chio Lim LLP Announces Not to Seek Reappointment as Joint Auditors of C&G Environmental Protection Holdings Limited

C&G Environmental Protection Holdings Limited announced that it has received the notice from RSM Nelson Wheeler and RSM Chio Lim LLP of the Group expressing that they will not be seeking re- appointment as the Joint Auditors at the forthcoming Annual General Meeting.

C&G Environmental Protection Holdings Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2013

C&G Environmental Protection Holdings Limited reported audited consolidated earnings results for the year ended December 31, 2013. For the year, profit from operations was HKD 126,766,000. Loss before tax was HKD 7,153,000. Loss for the year attributable to the owners of the company was HKD 22,776,000. Basic loss per share was 2.34 cents. Net asset value per ordinary share based on issued share capital at the end of the year was 179.06 cents.


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