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Lippo China Resources Ltd (0156.HK)

0156.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Healthway Medical Corp says it received a non-binding draft indicative term sheet from Lippo China Resources
Monday, 20 Mar 2017 06:13am EDT 

Healthway Medical Corp Ltd - : On 17 March 2017, received a non-binding draft indicative term sheet from lippo china resources limited . Refers to straits times article dated 19 march 2017 titled "Healthway: a tale of how risky loans made a firm sick" . Term sheet for principal amount of s$10 million for a tenure of 12 months. .Term sheet in relation to a proposed interim financing plan to address company's current payroll requirements.  Full Article

Lippo China updates on delisting of Auric Pacific Group Ltd from SGX-ST<0156.HK>
Monday, 13 Mar 2017 07:25pm EDT 

Lippo China Resources Ltd <0156.HK>:APGL and offeror jointly announced sgx-st had on 13th march confirmed that it has no objection to proposal to delist APGL from main board of sgx-st.  Full Article

Lippo China Resources updates on unit's takeover offer for Healthway Medical Corp
Sunday, 12 Mar 2017 09:23pm EDT 

Lippo China Resources Ltd <0156.HK> : Notwithstanding that Healthway may not be able to continue as going concern, Lippo & LCR says offer will remain open for Healthway shareholders .Refers to takeover offer for Healthway Medical Corp by an indirect wholly-owned subsidiary of Lippo China Resources.  Full Article

Lippo China Resources updates on legal proceedings
Thursday, 23 Feb 2017 06:53am EST 

Lippo China Resources Ltd <0156.HK> : Notified that CS Mining had filed several lawsuits on 17 february 2017 in united states bankruptcy court against some of its creditors . Existing carrying value of LCR Group's investment in CS Mining amounted to approximately hk$58 million . CS Mining asserts several causes of action against Waterloo with respect to Waterloo loan ."Waterloo believes that each of allegations contained in lawsuit are without merit".  Full Article

Lippo China Resources makes takeover offer for Healthway Medical for S$103.3 mln
Tuesday, 7 Feb 2017 08:33pm EST 

Lippo China Resources Ltd <0156.HK> : Says Gentle Care Pte Ltd intends to make a voluntary conditional cash offer for all issued and paid-up ordinary shares in capital of Healthway .On basis of offer price, entire share capital of Healthway in issue valued at approximately S$103.3 million.  Full Article

Lippo China Resources announces takeover offer for Auric Pacific
Tuesday, 7 Feb 2017 08:31pm EST 

Lippo China Resources Ltd <0156.HK> : Silver Creek Capital intends to make voluntary conditional cash offer for all issued and paid-up ordinary shares in capital of Auric Pacific . Offeror intends to make offer with a view to delist Auric Pacific (APGL) from SGX-ST and, ultimately, to privatise APGL . Takeover offer for s$1.65 in cash for each share .Application made by Lippo and LCR for resumption of trading in its shares on stock exchange with effect from 9:00 a.m. On 8 feb..  Full Article

Lippo China Resources announces takeover offer for Auric Pacific<0156.HK><0226.HK>
Tuesday, 7 Feb 2017 06:14pm EST 

Lippo China Resources Ltd <0156.HK> : Silver Creek Capital intends to make voluntary conditional cash offer for all issued and paid-up ordinary shares in capital of Auric Pacific . Offeror intends to make offer with a view to delist Auric Pacific (APGL) from SGX-ST and, ultimately, to privatise APGL . Takeover offer for s$1.65 in cash for each share .Application made by Lippo and LCR for resumption of trading in its shares on stock exchange with effect from 9:00 a.m. On 8 feb..  Full Article

Lippo China Resources makes takeover offer for Healthway Medical for S$103.3 mln<0156.HK>
Tuesday, 7 Feb 2017 06:10pm EST 

Lippo China Resources Ltd <0156.HK> : Says Gentle Care Pte Ltd intends to make a voluntary conditional cash offer for all issued and paid-up ordinary shares in capital of Healthway .On basis of offer price, entire share capital of Healthway in issue valued at approximately S$103.3 million.  Full Article

Lippo China Resources updates on court proceedings
Monday, 16 Jan 2017 11:28pm EST 

Lippo China Resources Ltd <0156.HK> :bankruptcy court in United States granted an order authorizing, inter alia raising of an additional us$2.65 million.  Full Article

Lippo China Resources issues updates relating to CS Mining
Thursday, 10 Nov 2016 06:40am EST 

Lippo China Resources Ltd <0156.HK>: Chief Restructuring Officer was appointed by bankruptcy court to operate business and prepare business of CS Mining for a possible sale . Order for debtor-in-possession loan facility by parties independent of Lippo and LCR in amount of US$7.675 million approved by bankruptcy court. . Pursuant to terms of DIP loan, CS Mining has to commence and conclude sale process pursuant to certain milestones . Existing carrying value of LCR Group's investment in CS Mining amounted to approximately hk$58 million .Reference is made to joint announcements made by Lippo and LCR on 5 may 2016, 26 may 2016, 3 june 2016, 6 june 2016.  Full Article

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