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North Asia Resources Holdings Ltd (0061.HK)

0061.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

North Asia Resources enters strategic cooperation framework deal
Thursday, 13 Apr 2017 12:29am EDT 

North Asia Resources Holdings Ltd <0061.HK> : Company and Henan Tianguan Enterprise Group Co Ltd entered into a strategic cooperation framework agreement .Company and Henan Tianguan agreed to establish a strategic cooperation relationship.  Full Article

North Asia Resources Holdings enters acquisition agreement with obligors
Friday, 31 Mar 2017 10:06am EDT 

North Asia Resources Holdings Ltd <0061.HK> : Company and obligors entered into acquisition agreement . Maximum consideration for acquisition is us$52.5 million .Transaction relating to acquisition of concession rights to occupy agricultural land in Cambodia.  Full Article

North Asia Resources Holdings expects to record profit of about HK$210 million for year 2016
Wednesday, 15 Mar 2017 07:28am EDT 

North Asia Resources Holdings Ltd <0061.HK> : Expects to record a profit of approximately HK$210 million for year 2016 .Expected result due to recorded decrease in fair value of derivative component of convertible loan notes for year 2016.  Full Article

North Asia Resources issues profit warning<0061.HK>
Friday, 19 Aug 2016 05:44am EDT 

North Asia Resources Holdings Ltd <0061.HK>: Profit warning <0061.HK> . Says the group's net loss for the six months ended 30 June 2016 is expected to decrease by more than 70% . Expected result mainly attributable to the finance costs and the impairment loss recognised . Loss will not affect the liquidity of the group materially as the majority of the loss was non-cash in nature .  Full Article

North Asia Resources Holdings Ltd issues FY 2015 profit warning
Wednesday, 9 Mar 2016 12:51am EST 

North Asia Resources Holdings Ltd:The group's net loss for the year ended 31 December 2015 is expected to increase by over 3 times.Expected result due to increase in impairment loss recognised in respect of mining rights and property, plant and equipment.It is expected that the loss will not affect the liquidity of the group materially as the majority of the loss was non-cash in nature.  Full Article

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BRIEF-North Asia Resources enters strategic cooperation framework deal

* Company and Henan Tianguan Enterprise Group Co Ltd entered into a strategic cooperation framework agreement

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