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China Resources and Transportation Group Ltd (0269.HK)

0269.HK on Hong Kong Stock

0.20HKD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

China Resources and Transportation Group says disposal of stake in target company
Thursday, 27 Apr 2017 09:47pm EDT 

April 28 (Reuters) - China Resources And Transportation Group Ltd <0269.HK>:Vendors, unit of co, and purchaser entered into sp agreement.Deal at total consideration of RMB200.0 million.Vendors agreed to sell, sale shares, representing 45% of issued share capital of target co, and sale loan.  Full Article

China Resources And Transportation Group says unit entered into sale and purchase agreement
Thursday, 16 Mar 2017 07:13am EDT 

China Resources And Transportation Group Ltd <0269.HK> : Purchaser, a wholly-owned subsidiary of company, and vendor entered into sale and purchase agreement . Purchaser to acquire sale shares, representing 60% of issued share capital of target co for consideration of HK$138 million .Vendor is Epoch Luck Investments Limited and purchaser is Cheer Luck Innovest Limited.  Full Article

China Resources and Transportation Group updates on debt restructuring
Tuesday, 14 Mar 2017 06:45am EDT 

China Resources and Transportation Group Ltd <0269.HK> : Parties intended to enter into written settlement agreement in relation to outstanding amounts on or before 31 March 2017 . Bank has agreed not to apply to court for a winding up petition of company on or before 31 March 2017 .Refers to announcements in relation to, among others, statutory demand received by company.  Full Article

China Resources and Transportation updates on debt restructuring plans
Wednesday, 22 Feb 2017 06:07am EST 

China Resources And Transportation Group Ltd <0269.HK> : Is discussing with its legal adviser and financial adviser and considering debt restructuring plans . Bank has agreed not to apply to court for a winding up petition of co on or before expiration of extended period . Co received letter from bank, informing co that bank will extend grace period to 16 march 2017, to negotiate repayment proposal .Refers to announcements in relation to statutory demand received by company.  Full Article

China Resources and Transportation Group updates on debt restructuring
Tuesday, 7 Feb 2017 08:44am EST 

China Resources and Transportation Group Ltd <0269.HK> : Crtg-update On Debt Restructuring . received a statutory demand under section 327(4)(a) of companies from bank . board is discussing with its legal adviser and financial adviser and considering debt restructuring plans . statutory demand requiring co to pay outstanding amounts within 3 wks from date of service of statutory demand .if co fails to repay outstanding amounts within 3 weeks, bank may apply to court for winding up petition of co.  Full Article

China resources and Transportation Group enters into disposal agreement
Monday, 9 Jan 2017 11:04pm EST 

China Resources And Transportation Group Ltd <0269.HK>: On 28 December 2016 and 30 December 2016, vendor, purchasers and company entered into disposal agreements . Purchaser A has conditionally agreed to acquire sale equity A at consideration A of RMB1.125 billion . Entire proceeds from disposal will be used to repay outstanding bonds . Application has been made for resumption of trading in shares of co with effect from 9:00 a.m. on 10 Jan 2017 .Vendor is Cheer Luck Technology, a unit; purchaser A is Inner Mongolia Yuanheng Investment.  Full Article

China Resources And Transportation announces disposal of 71% equity interests of Inner Mongolia Zhunxing Heavy Haul Expressway
Monday, 9 Jan 2017 09:14am EST 

China Resources And Transportation Group Ltd <0269.HK>- : Announces disposal in relation to disposal of 71% equity interests of Inner Mongolia Zhunxing Heavy Haul Expressway . Inner Mongolia Yuanheng Investment Co has agreed to acquire sale equity a at consideration a of RMB 1.13 billion .Application made to Stock Exchange for resumption of trading in shares from 9:00 a.m. On 10 Jan 2017.  Full Article

China Resources and Transportation expects FY net loss to increase by more than 100%<0269.HK>
Wednesday, 29 Jun 2016 10:38am EDT 

China Resources and Transportation Group Ltd <0269.HK>: Profit warning <0269.HK> . Net loss of group for the year ended 31 March 2016 is expected to increase by more than 100% .Expected change attributable to increase in impairment loss on concession intangible asset.  Full Article

China Resources and Transportation Group appoints Jiang Tao as CEO<0269.HK>
Thursday, 12 May 2016 04:40am EDT 

China Resources and Transportation Group Ltd <0269.HK>: ...more change of chief executive officer <0269.HK> . Duan Jingquan resigned as the CEO but remains as an executive director . Says Jiang Tao was appointed as the CEO .  Full Article

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