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United States

Burwill Holdings Ltd (0024.HK)

0024.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Burwill Holdings says unit entered into agreement with purchaser
Monday, 20 Mar 2017 08:35am EDT 

Burwill Holdings Ltd <0024.HK>: Vendor, a wholly-owned subsidiary of company, and purchaser entered into provisional SP agreement . Group is expected to receive a gain on disposal of approximately HK$199.7 million after deduction of expenses . Under agreement, vendor will sell, and purchaser will acquire, property for a consideration of HK$265.2 million .Vendor is Yinmain Industrial Limited, and purchaser is Gold Merit Ventures Limited.  Full Article

Burwill Holdings says unit to sell sale shares
Wednesday, 8 Feb 2017 05:15am EST 

Burwill Holdings Ltd <0024.HK> : Vendor (a subsidiary of company), company (as guarantor) and purchaser entered into SPA . Huge Mark International to acquire sale shares, representing entire issued share capital of target company, at consideration of HK$97 million . Group will record a gain of approximately HK$57 million from disposal .Unit agreed to sell sale shares, representing entire issued share capital of Burwill Steel Company.  Full Article

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