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Ping Shan Tea Group Ltd (0364.HK)

0364.HK on Hong Kong Stock

0.03HKD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Ping Shan Tea Group enters into equity transfer agreement
Friday, 30 Sep 2016 10:47am EDT 

Ping Shan Tea Group Ltd <0364.HK>: Ping Shan Tea-discloseable Transaction In Relation To The Acquisition Of 13% Equity Interest In Shenzhen Fenghui International Caibao Co., Limited . Purchaser, being unit of co, entered into equity transfer agreement with vendor,Zeng Wenying . Deal for consideration of HK$182 million .Pursuant to deal purchaser has agreed to purchase and vendor has agreed to sell 13% equity interest in target company.  Full Article

Ping Shan Tea announces acquisition of 10% equity interest in Perfect Partner International<0364.HK>
Wednesday, 29 Jun 2016 09:22am EDT 

Ping Shan Tea Group Ltd <0364.HK>: Discloseable transaction in relation to the acquisition of 10% equity interest in the target company <0364.HK> . Deal for consideration of HK$170 million . On 29 June 2016, Zhou Chonghai and the Ping Shan Health Industry entered into the SPA .  Full Article

Ping Shan Tea Group to be delisted from Korea Exchange
Wednesday, 21 Oct 2015 04:49am EDT 

Ping Shan Tea Group Ltd:Says its stock will be delisted from the Korea Exchange, effective Nov. 5.  Full Article

Ping Shan Tea Group Ltd entered placing agreement
Thursday, 17 Sep 2015 06:50am EDT 

Ping Shan Tea Group Ltd:Says company and pc securities limited entered into a placing agreement.Purpose of placing is for the expansion of current production capacities, working capital and potential acquisitions.Deal for aggregate maximum principal amount of hk$100 million.  Full Article

Ping Shan Tea Group Ltd says extension of MOU in relation to a possible acquisition
Wednesday, 16 Sep 2015 04:51am EDT 

Ping Shan Tea Group Ltd:Says Inside information -extension of the memorandum of understanding in relation to a possible acquisition.Says purchaser and vendor will continue to negotiate of the entering into of the formal agreement.Purchaser and the vendor has on 16 September 2015 agreed in writing to extend the relevant period to 31 December 2015.Accordingly, the Purchaser and Vendor will continue to negotiate of the entering into of the Formal Agreement and the Purchaser will continue to conduct its due diligence relating to the Target Group.Company emphasizes that the MOU as extended does not create any legally binding obligations between the parties to the MOU save as to such provisions as mentioned in the Announcement.Says the Possible Acquisition therefore may or may not materialise and is subject to the execution and completion of the Formal Agreement.  Full Article

Ping Shan Tea Group Ltd enters into placing agreement
Thursday, 6 Aug 2015 06:53am EDT 

Ping Shan Tea Group Ltd:Enters into placing agreement.Says Co and pc securities limited entered into a placing agreement.Says proposed placing of bonds by the company in the aggregate principal amount of no more than hk$250 million.Says use of proceeds from placing is for expansion of current production capacities and potential acquisitions.  Full Article

Ping Shan Tea Group Ltd says approved a resolution in relation to issue of debentures
Monday, 27 Jul 2015 04:33am EDT 

Ping Shan Tea Group Ltd:Considered and approved a resolution in relation to the issue of the debentures with aggregate principal up to HK$200 million.Intends to use net proceeds from the issue of the debentures for the financing of potential acquisitions, repayment of the existing debts.  Full Article

More From Around the Web

BRIEF-Ping Shan Tea Group enters into equity transfer agreement

* Ping Shan Tea-discloseable Transaction In Relation To The Acquisition Of 13% Equity Interest In Shenzhen Fenghui International Caibao Co., Limited

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