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Freeman FinTech Corporation Ltd (0279.HK)

0279.HK on Hong Kong Stock

0.50HKD
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Freeman Fintech Corporation enters subscription agreement with China Huarong Macau (Hk) Investment
Tuesday, 6 Jun 2017 10:42am EDT 

June 6 (Reuters) - Freeman Fintech Corporation Ltd <0279.HK>:Company entered into subscription agreement with subscriber china huarong macau ( hk ) investment holdings limited.Deal in relation to issue of convertible bonds in principal amount of us$100 million.Convertible bonds with conversion rights to convert principal amount into shares at conversion price of hk$0.425 per share.Net proceeds from issue of convertible bonds, are estimated to be approximately hk$779 million.  Full Article

Freeman Fintech Corporation updates on claims against certain former directors
Friday, 26 May 2017 10:12am EDT 

May 26 (Reuters) - Freeman Fintech Corporation Ltd <0279.HK>:Updates on information regarding claims against certain former directors of company.Compensation orders are also sought against 2 former directors of co for payment of about hk$76 million with interest to company.SFC seeks disqualification orders against relevant respondents and other former directors of company.Disqualification orders for directors alleged misconducts in co's dealings of acquisition and disposal of interest in liu's holdings.Co has no intention to appoint any of respondent former directors as director, or to engage them with or without court's order.Says relevant respondents have all resigned from board at dates subsequent to announcement.Board would like to emphasize that none of respondent former directors is engaged in management of co, directly or indirectly.  Full Article

Freeman fintech corporation expects net profit for FY17 to be revised
Friday, 12 May 2017 08:17am EDT 

May 12 (Reuters) - Freeman Fintech Corporation Ltd <0279.HK>::Expected that net profit of group for year ended 31 march 2017 will be revised to approximately hk$399 million.Expected revision is attributable to a possible additional share of loss of an associate of approximately hk$23 million.  Full Article

Freeman Fintech Corporation says Zhang Yongdong has resigned as honorary chairman
Friday, 28 Apr 2017 08:56am EDT 

April 28 (Reuters) - Freeman Fintech Corporation Ltd <0279.HK>:Zhang yongdong has resigned as a honorary chairman of board with effect from 28 april 2017.Announces resignation of honorary chairman of board.  Full Article

Freeman Fintech expects net profit of about HK$422 mln for year ended March 31
Wednesday, 19 Apr 2017 10:11am EDT 

April 19 (Reuters) - Freeman Fintech Corporation Ltd <0279.HK>::Group expected to record a net profit of approximately hk$422 million for year ended 31 march 2017.Expected results due to a net gain on disposal of subsidiaries of approximately hk$150 million.  Full Article

Freeman Fintech updates on net gains and losses for 11-mnths ended 28 Feb
Tuesday, 7 Mar 2017 05:46am EST 

Freeman Fintech Corporation Ltd <0279.HK> : Recorded net gain on disposal of subsidiaries of approximately HK$150 million for eleven months ended 28 February 2017 .Recorded net realised loss, net unrealised gain of investments at fair value of about HK$52 million and HK$204 million for 11 months ended feb.  Full Article

Freeman Fintech issues update regarding appointment of a non-executive director
Monday, 19 Dec 2016 11:37pm EST 

Freeman Fintech Corporation Ltd <0279.HK>: informed by listing department of stock exchange of hong kong that zhang yongdong should cease to be a director of co . reference is made to announcement dated 18 july 2016 regarding appointment of zhang as chairman and non-executive director .listing division has decided that it is not satisfied that zhang can commensurate with his position as a director of a listed issuer.  Full Article

Freeman Fintech Corporation updates profit warning
Thursday, 24 Nov 2016 07:01am EST 

Freeman Fintech Corporation Ltd <0279.HK> : For hy, it is expected that net profit of group for period will be revised to approximately hk$246 million ."Such revision is mainly attributable to share of loss from associate for period of approximately hk$10 million".  Full Article

Freeman Fintech posts positive profit alert
Wednesday, 12 Oct 2016 07:20am EDT 

Freeman Fintech Corporation Ltd <0279.HK> : group expected to record net profit of about hk$75 million for unaudited interim results of group for six months ended 30 september 2016 .Expected result due to net realised loss and a net unrealised gain of investments at fair value.  Full Article

Freeman Fintech updates on petition against certain directors
Thursday, 6 Oct 2016 07:01pm EDT 

Freeman Fintech Corporation Ltd <0279.HK> : Petition issued by Securities & Futures Commission against respondents Lo Kan Sun, Hui Quincy Kwong Hei, Au Shuk Yee, Sue & Agustin V. Que . Update on information regarding certain directors of company .Petition alleges inappropriate conduct by respondent at time of acquisition and disposal of interests in Liu's Holdings.  Full Article

BRIEF-Freeman Fintech Corporation enters subscription agreement with China Huarong Macau (Hk) Investment

* Company entered into subscription agreement with subscriber china huarong macau ( hk ) investment holdings limited

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