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United States

Hoifu Energy Group Ltd (0007.HK)

0007.HK on Hong Kong Stock

0.80HKD
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Hoifu Energy Group unit, Hoifu Group Investment entered into agreement
Friday, 28 Jul 2017 10:33am EDT 

July 28 (Reuters) - Hoifu Energy Group Ltd <0007.HK>:Unit, hoifu group investmentand company entered into agreement.Hoifu Group Investment to sell, sale shares, representing entire equity interest of new guangdong merchants investment, and sale loan for RMB1.1 billion.  Full Article

Hoifu Energy says unit to acquire equity interest in Hebei Panbao Zeolite Technology<0007.HK>
Friday, 2 Sep 2016 10:59am EDT 

Hoifu Energy Group Ltd <0007.HK>: Major and connected transaction in relation to the acquisition of 45% equity interest in Hebei Panbao Zeolite Technology Co., Ltd. . Major transaction in relation to the disposal of 45% equity interest in Hebei Panbao Zeolite Te . Unit Guangdong Hoifu, , the company, the vendor, the purchaser and the target entered into the agreement . Guangdong Hoifu agreed to acquire, and vendor has agreed to sell, equity interest for total consideration of RMB200 million . Guangdong Hoifu agreed to sell, and purchaser has agreed to acquire, equity interest for total consideration of RMB260 million . Application made by co to the stock exchange for resumption of trading in the shares on stock exchange with effect on 5 September 2016 . The gross sales proceeds from the transactions will be approximately hk$302.33 million . Hoifu United Group is purchaser, Zhang Ling is vendor and Hebei Panbao Zeolite Technology co is target company .  Full Article

Hoifu Energy Group announced subscription of new shares under general mandate<0007.HK>
Thursday, 14 Jul 2016 07:21am EDT 

Hoifu Energy Group Ltd <0007.HK>: Subscription of new shares under general mandate <0007.HK> . Company entered into the subscription agreement with the subscriber, Weng Tao . Net proceeds from subscription, after deduction of related expenses of about HK$200,000, is estimated to be approximately HK$34.8 million . Agreed to allot and issue 50 million subscription shares at HK$0.70 per subscription share to subscriber, Weng Tao .  Full Article

Hoifu Energy Group updates on acquisition of Millhaven Holdings Limited<0007.HK>
Monday, 13 Jun 2016 11:00am EDT 

Hoifu Energy Group Ltd <0007.HK>: Major and connected transaction acquisition of the target company involving the issue of consideration shares under the specific mandate <0007.HK> . Says the company, the purchaser and the vendor entered into the agreement . Deal for RMB433.4 million .  Full Article

Hoifu Energy updates on termination of acquisition of Oriental Bliss Holdings<0007.HK>
Friday, 10 Jun 2016 08:08am EDT 

Hoifu Energy Group Ltd <0007.HK>: Parties to agreement mutually agreed not to proceed with acquisition, entered into termination agreement on 10 June 2016 . Refers to to announcements in relation to, acquisition of of oriental bliss holdings limited .  Full Article

Hoifu Energy says unit entered into agreement to set up JV securities co<0007.HK>
Thursday, 19 May 2016 09:52am EDT 

Hoifu Energy Group Ltd <0007.HK>: Major transaction in relation to the formation of a joint venture securities company in Guangzhou pilot free trade zone, Nanshan area <0007.HK> . KTS (a wholly owned subsidiary of the company) entered into the promoters' agreement with the co-promoters . KTS conditionally agreed to invest RMB350 million in the jv securities company . Parties agreed to set-up JV securities co in Guangzhou pilot free trade zone, Nanshan area under framework of CEPA . Says the proposed registered capital of the jv securities company will be RMB3.5 billion .  Full Article

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