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United States

New Focus Auto Tech Holdings Ltd (0360.HK)

0360.HK on Hong Kong Stock

0.37HKD
3:53am EDT
Change (% chg)

HK$0.00 (+1.37%)
Prev Close
HK$0.37
Open
HK$0.37
Day's High
HK$0.37
Day's Low
HK$0.37
Volume
128,000
Avg. Vol
1,761,726
52-wk High
HK$0.70
52-wk Low
HK$0.34

Latest Key Developments (Source: Significant Developments)

New Focus Auto Tech Holdings says unit entered into equity transfer agreement
Wednesday, 28 Dec 2016 04:55am EST 

New Focus Auto Tech Holdings <0360.HK>: Deal for consideration of rmb20 million to be satisfied in cash . NFLP, unit which directly owns target interest, entered into equity transfer agreement with with purchaser .A gain of approximately rmb7.9 million was expected to accrue to group as result of disposal.  Full Article

New Focus Auto Tech Holdings Ltd announces proposed issue of convertible bonds due 2017 under general mandate
Sunday, 5 Jul 2015 06:09pm EDT 

New Focus Auto Tech Holdings Ltd:Says that on July 5, the company entered into subscription agreement with subscriber pursuant to which the company has conditionally agreed to issue, and subscriber has conditionally agreed to subscribe for the convertible bonds.Says that issue is in aggregate principal amount of $25,000,000 (the HK$ equivalent being HK$194,500,000) due in 2017.Intends to use 65 pct. of such proceeds for expansion of automobile service networks and the remaining 35 pct. for general working capital of the company.  Full Article

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