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Elife Holdings Ltd (0223.HK)

0223.HK on Hong Kong Stock

25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Elife enters share transaction agreement
Friday, 11 Aug 2017 11:01am EDT 

Aug 11 (Reuters) - Elife Holdings Ltd <0223.HK>:Share transaction in relation to acquisition of 51 pct issued share capital of target company.Co entered into share subscription and transfer agreement with Smart Shine Leejae Technology, Vector Adroit Sci-Tech Co and guarantors​.Co will provide interest-free and unsecured shareholder's loan in principal amount of RMB11.7 million to target company.Co has agreed to purchase shares, representing 15.3 pct of issued share capital of target company for a consideration of RMB12.7 million.  Full Article

Elife Holdings says Zhuhai Esmart enters agreements with Huimin
Wednesday, 2 Aug 2017 09:50am EDT 

Aug 2 (Reuters) - Elife Holdings Ltd <0223.HK>::Zhuhai esmart entered into smart terminal and mobile terminal ordering platform cooperation agreement with huimin.  Full Article

Elife Holdings posts FY loss attributable HK$152.116 mln
Friday, 23 Jun 2017 08:36am EDT 

June 23 (Reuters) - Elife Holdings Ltd <0223.HK>:Announcement of final results for the year ended 31 March 2017 .FY turnover HK$19.5 million versus HK$194.2 million.Loss for year attributable HK$152.116 million versus profit of HK$267.469 million.Directors do not recommend payment of any dividend in respect of year ended 31 March 2017.  Full Article

Elife holdings enters into share purchase agreement
Thursday, 8 Jun 2017 08:50am EDT 

June 8 (Reuters) - Elife Holdings Ltd <0223.HK>::Entering into O2O business through strategic cooperation framework agreement with Huimin.Company entered into share purchase agreement with Gao and other sellers who are business partners of Gao.Deal represents 51.2pct of total issued share capital of Admiral Glory Global Ltd at sale consideration of HK$23 million.  Full Article

Elife Holdings says unit enters supply agreement with Huimin and Zhang
Wednesday, 8 Mar 2017 06:49am EST 

Elife Holdings Ltd <0223.HK> : Zhongnongxin Supply Chain, an indirect unit of company, entered into supply agreement with Huimin and Zhang .Zhongnongxin Supply Chain will be required to pay to huimin performance deposit of rmb50 million on and subject to terms of supply agreement.  Full Article

Elife updates on conditional subscription agreement
Thursday, 9 Feb 2017 04:27am EST 

Elife Holdings Ltd <0223.HK> : Reference is made to announcement of company dated 22 november 2016 in relation to conditional subscription agreement . Chen decided not to proceed with subscription of 28% of issued share capital of national gain . Subscription agreement lapsed and became null and void forthwith on 31 Dec 2016 and both parties thereto were released from all obligations thereunder . Group has sufficient capacity to finance start-up capital to be invested in national gain group . Intends to maintain its 100% shareholding in national gain . Intends to continue pursuing investment of up to about hk$100 million as start-up capital in national gain group . Subscription amount by chen is considered immaterial relative to total investment of approximately hk$100 million in national gain group .Direction and plan for strategic cooperation with huimin remain unchanged and unaffected by lapse of subscription agreement.  Full Article

Sino Resources Group updates on subscription agreement and strategic cooperation agreement
Tuesday, 22 Nov 2016 09:08am EST 

Sino Resources Group Ltd <0223.HK> : Group entered into subscription agreement and strategic cooperation agreement with various parties . Company and chen agreed to contribute hk$7.2 million and hk$2.8 million into share capital of National Gain . Total contribution amount of hk$10 million is agreed between group and national gain . Company, Chen and National Gain entered into subscription agreement . Upon completion, National Gain will be held as to 72% and 28% by co and chen, respectively . Hui Min International And Huimin entered into strategic cooperation agreement .Pursuant to strategic cooperation agreement Hui Min International Appointed as overseas procurement and supply agent of Huimin.  Full Article

Sino Resources Group issues positive profit alert<0223.HK>
Tuesday, 21 Jun 2016 08:51am EDT 

Sino Resources Group Ltd <0223.HK>: Positive profit alert <0223.HK> . Group is expected to record a significant increase in profit for the year ended 31 March 2016 . Result due to the record of an extraordinary gain on settlement of litigations of approximately hk$350 million .  Full Article

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