Ctf Services Limited · HKEX:659
Ctf Services — NWS Holdings — Merger or Acquisition (January 2021)
6 slides from Ctf Services's merger presentation, January 2021
Slide 1: Transaction Briefing: Disposal of Interests in SNL and Derun
New World Group Member Transaction Briefing Disposal of Interests in Suez NWS Limited (“SNL”) and Chongqing Derun Environment Co., Ltd. (“Derun”) |RESTRICTED|
Slide 2: NWS Crystalizes Value via Disposal of SNL & Derun
NWS Crystalizes Value via Disposal of SNL & Derun Transaction Summary Transaction Valuation On 11 January 2021 after trading hours, NWS announced the disposals of the HK$m SNL Suyu majority of its assets within the Environment segment to its long term partner Suez, including its: Consideration 4,1
Slide 3: Transaction Rationale and Benefits
Transaction Rationale and Benefits 1 Crystalizes investment value of SNL & Derun for NWS shareholders ‒ Current value of investments in SNL and Derun are not fully recognized by the market: significant Holdco discount due to complex shareholding structure in SNL and Derun ‒ Exit multiples are materi
Slide 4: Overview of SNL & Derun
Overview of SNL & Derun SNL Derun Engages in the provision of (1) water and wastewater treatment, (2) recycling and Shareholding structure at announcement Sanfeng waste recovery, (3) treatment infrastructure services and (4) smart environmental Invests in waste incineration power solutions in Ma
Slide 5: Thank You
——a nr B32 NWS Thank You New World Group Member
Slide 6: Disclaimer
Disclaimer NWS Holdings Limited (“NWS”) makes no representation or warranty of any kind, express, implied or statutory regarding the accuracy or completeness of the information contained. It is not the intention to provide, and you may not rely on this presentation as providing, all material informa