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Huajun Holdings Ltd (0377.HK)

0377.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Huajun Holdings announces proposed disposals of equity interests
8:10am EDT 

May 23 (Reuters) - Huajun Holdings Ltd <0377.HK>:Unit entered into LYC equity transfer agreement with purchaser, a unit of huajun group.LYC vendor has agreed to sell, and purchaser has agreed to purchase, 49% equity interests in LYC for a consideration of rmb75 million.ZLM vendor entered into ZLM equity transfer agreement with purchaser, a direct wholly-owned subsidiary of Huajun Group.ZLM vendor to sell, and purchaser agreed to purchase, entire equity interests in ZLM for rmb190 million.Directors expect that net proceeds of approximately hk$291 million from disposals.Expected that group will recognise a gain in its consolidated income statement of approximately hk$18.1 million arising from disposals.  Full Article

Huajun Holdings acquires land at RMB739.7 mln
Sunday, 14 May 2017 09:35pm EDT 

May 15 (Reuters) - Huajun Holdings Ltd <0377.HK>::Land was acquired by group at a bidding price of RMB739.7 million.  Full Article

Huajun Hold terminates subscription with Hareon Solar Technology
Thursday, 11 May 2017 05:16am EDT 

May 11 (Reuters) - Huajun Hold- <0377.HK>::Termination Of Major Transactions In Relation To Subscriptions Of "A Shares" In Hareon Solar Technology Co., Ltd..Lapse of agreements do not have any material adverse impact on business operation and financial position of group.  Full Article

Huajun says B&H Properties enters binding letter with Liaoning Yingkou
Sunday, 26 Mar 2017 07:29pm EDT 

Huajun Holdings Ltd <0377.HK> : B&H properties entered into a non-legally binding letter of intent with Liaoning Yingkou in respect of potential acquisition .Group shall purchase projects from their respective owners or entire equity interests in target company from its owner.  Full Article

Huajun says unit enters LOI in relation to potential acquisition
Thursday, 2 Mar 2017 09:14am EST 

Huajun Holdings Ltd <0377.HK> : Letter of intent in relation to the potential acquisition . Purchaser (an indirect unit of company) entered into non-legally binding letter of intent in respect of potential acquisition . Pursuant to letter of intent, a refundable deposit of RMB500 million shall be payable by purchaser . Consideration for the deal will not be less than RMB1 billion .Purchaser, shall acquire 81% of entire equity interest of wuxi real estate development group.  Full Article

Huajun Holdings says unit successfully bid for the land use rights<0377.HK>
Friday, 19 Aug 2016 06:21am EDT 

Huajun Holdings Ltd <0377.HK>: Hold-supplemental announcement - major transaction - land acquisition <0377.HK> . Says unit Shanghai Baohua Wanlong, successfully bid for the land use rights of the land through the auction . Tender at a bidding price of RMB2.31 billion . Says consideration will be settled by the bank borrowings and internal resources of the group . Land use rights grant contract was entered into between the Shanghai Minhang District Land Bureau and Shanghai Baohua Wanlong on 17th August .  Full Article

Huajun Holdings announces land acquisition<0377.HK>
Wednesday, 17 Aug 2016 06:44am EDT 

Huajun Holdings Ltd <0377.HK>: Hold-voluntary announcement - land acquisition <0377.HK> . Shanghai Baohua Wanlong Real Estates successfully bid for the land use rights of the land in Minxing district, Shanghai, the Prc through auction . Says land was offered for sale by way of tender (the "Shanghai land acquisition") at a bidding price of RMB2.31 billion .  Full Article

Huajun Holdings issues profit alert<0377.HK>
Friday, 24 Jun 2016 09:40am EDT 

Huajun Holdings Ltd <0377.HK>: Hold-profit alert <0377.HK> . Expecting to record a decrease in profit attributable to shareholders of the company for the year ended 31 March 2016 .  Full Article

Huajun Holdings says intends to issue corporate bonds in principal amount of up to hk$200 mln
Tuesday, 19 Apr 2016 12:45am EDT 

Huajun Holdings Ltd:Company intends to issue corporate bonds in an aggregate principal amount of up to hk$200 million.Each investor shall separately enter into subscription agreement with company for subscription of corporate bonds.Net proceeds will be utilised as general working capital of the group and to finance any potential investment opportunities.  Full Article

Huajun Holdings Ltd updates on disposal of Yingkou Wanhe
Monday, 18 Jan 2016 11:43pm EST 

Huajun Holdings Ltd:Says sale and purchase agreement was entered into between, among others, the vendor and the purchasers.Says consideration of RMB480 million.Net proceeds arising from the disposal of approximately hk$566.0 million.Says expects to record a gain arising from the disposal of approximately hk$87.8 million.Pursuant to agreement vendor has agreed to dispose of and the purchasers have agreed to acquire 80% of the equity interests in Yingkou Wanhe.  Full Article

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