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Kiu Hung International Holdings Ltd (0381.HK)

0381.HK on Hong Kong Stock

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22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Kiu Hung International posts HY turnover of HK$104 mln
Thursday, 31 Aug 2017 06:48pm EDT 

Sept 1 (Reuters) - Kiu Hung International Holdings Ltd <0381.HK>::HY turnover HK$104 million versus HK$105.8 million.HY loss for the period HK$31.6 million versus loss of HK$146.2 million.Conditions indicate existence of material uncertainty which may cast significant doubt on group's ability to continue as going concern.  Full Article

Kiu Hung International entered into subscription agreement
Wednesday, 2 Aug 2017 08:39am EDT 

Aug 2 (Reuters) - Kiu Hung International Holdings Ltd <0381.HK>::Company entered into subscription agreement with Green Luxuriant Group Investment Limited.Green Luxuriant Group Investment agreed to subscribe new juice convertible bonds in aggregate principal amount of hk$100.8 million ​.  Full Article

Kiu Hung International clarifies on annual report for year ended 31 December 2016
Tuesday, 4 Jul 2017 10:51am EDT 

July 4 (Reuters) - Kiu Hung International Holdings Ltd <0381.HK>:Announces clarification announcement in relation to annual report for year ended 31 December 2016.Directors made a reversal of impairment of about HK$11 million on carrying amount of group's exploration & evaluation assets for FY 2016.Directors made an impairment of about HK$19.2 million on carrying amount of group's investment in USO for FY 2016.  Full Article

Kiu Hung International announces placing of 1.50 bln shares
Wednesday, 14 Jun 2017 09:08pm EDT 

June 15 (Reuters) - Kiu Hung International Holdings Ltd <0381.HK>::‍company entered into first placing agreement with CCBI​.‍company entered into second placing agreement with CCBI​.Placing of up to 1.50 billion placing shares at placing price of HK$0.10 per placing share.  Full Article

Kiu Hung International Holdings updates on sale and purchase agreement
Monday, 12 Jun 2017 09:18pm EDT 

June 13 (Reuters) - Kiu Hung International Holdings Ltd <0381.HK>:New Harbour Global Limited & Stunning Honour Enterprises entered into sale and purchase agreement.‍New Harbour Global agreed to buy and Stunning Honour agreed to sell sale shares for HK$ 400 million​.  Full Article

Kiu Hung International enters into MOU to purchase equity interest in Shanghai Liming Technology
Monday, 13 Mar 2017 06:15pm EDT 

Kiu Hung International Holdings Ltd <0381.HK> : Memorandum Of Understanding In Relation To A Possible Acquisition Of Certain Equity Interest In Shanghai Liming Technology . Company and vendor entered into mou . Vendor being stunning honour enterprises limited .Mou indicating intention of co and vendor to enter formal acquisition deal in respect of possible acquisition of certain equity interest in target co during exclusivity period.  Full Article

Kiu Hung International signs MOU related to acquisition of certain equity interest in Supreme Tycoon
Monday, 5 Dec 2016 09:07am EST 

Kiu Hung International Holdings Ltd <0381.HK>: Allied central asia, a wholly-owned subsidiary of company, entered into mou with vendor . memorandum of understanding in respect of the possible acquisition of certain equity interest in supreme tycoon limited .Consideration for possible acquisition shall be not more than hk$300 mln.  Full Article

Kiu Hung International enters into placing agreement with China Everbright Securities(HK)Ltd
Tuesday, 4 Oct 2016 08:48am EDT 

Kiu Hung International Holdings Ltd <0381.HK> : Entered into placing agreement with placing agent,China Everbright Securities (Hk) Limited . To subscribe for up to 840 million placing shares at placing price of HK$0.1 per placing share .Net proceeds after deduction of placing commission and other related expenses, are estimated to be about HK$82.3 million.  Full Article

Kiu Hung International says unit entered into the disposal agreement<0381.HK>
Friday, 22 Jul 2016 10:25am EDT 

Kiu Hung International Holdings Ltd <0381.HK>: Connected transaction involving disposal of the entire issued share capital in jet profit enterprises limited <0381.HK> . Says vendor, being an indirect wholly-owned subsidiary of the company, and the purchaser entered into the disposal agreement . Deal for total consideration of HK$5.7 million . Says group is expected to record an unaudited gain on the disposal of approximately hk$26.3 million .Unit agreed to sell and power global agreed to acquire sale shares, representing entire issued share capital of jet profit enterprises.  Full Article

Kiu Hung Energy Holdings Ltd says unit entered into the sale and prurchase agreements
Friday, 18 Dec 2015 08:51am EST 

Kiu Hung Energy Holdings Ltd:Purchaser, an indirect wholly-owned unit of company, entered into the sale and purchase agreements with the vendors.Consideration of RMB56.4 million.Consideration will be satisfied by issue of promissory notes in aggregate amount of hk$67.5 million by co to vendors.  Full Article

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