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China Innovative Finance Group Ltd (0412.HK)

0412.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

China Innovative Finance issues profit warning
Friday, 7 Oct 2016 10:34am EDT 

China Innovative Finance Group Ltd <0412.HK> : Group expected to record a loss for six months ended 30 September 2016 .Expected result attributable to realized fair value loss on investments at fair value through profit or loss for the period.  Full Article

Hao Tian Development Group updates on disposal of shares in China Innovative Finance Group
Friday, 23 Sep 2016 08:40am EDT 

Hao Tian Development Group Ltd <0474.HK>" : Unit entered into a sale and purchase agreement with an independent third party .HTM has agreed to sell 1.74 bln shares in China Innovative Finance Group held by HTM at consideration of HK$0.297 per share.  Full Article

China Innovative Finance Group enters into subscription agreement<0412.HK>
Wednesday, 27 Jul 2016 11:01am EDT 

China Innovative Finance Group Ltd <0412.HK>: China inno fin-issue of US$40,000,000 secured convertible bonds under general mandate <0412.HK> . Estimated net proceeds from issue of the convertible bonds , are estimated to be approximately hk$310 million . Proceeds are intended to be used for the redemption of the previous convertible bonds . Says entered into the subscription agreement with the subscriber,sea venture investments .  Full Article

China Innovative Finance entered into loan agreements<0412.HK>
Wednesday, 29 Jun 2016 09:51am EDT 

China Innovative Finance Group Ltd <0412.HK>: China inno fin-discloseable transaction in relation to provision of financial assistance . On 29 June 2016, loan agreements were entered into between c.i.f. financial and the borrower . Loans in the aggregate principal amount of hk$100 million .Says will finance the loans by the internal resources of the group and banking facilities.  Full Article

China Innovative Finance Group posts FY net profit HK$71.7 million<0412.HK>
Monday, 27 Jun 2016 06:19pm EDT 

China Innovative Finance Group Ltd <0412.HK>: China inno fin-announcement of annual results for the year ended 31 March 2016 <0412.HK> . FY net profit hk$71.7 million versus net loss of hk$128.7 million a year . FY revenue from continuing operations hk$97 million versus hk$3.8 million . Says no dividend was paid or proposed for the year ended 31 March 2016 . For 2016, anticipate continued volatility and uncertainties in economies around the world, including China .  Full Article

Heritage International Holdings Ltd says issue of convertible bonds
Tuesday, 13 Oct 2015 10:51am EDT 

Heritage International Holdings Ltd:Company and the Subscriber entered into the Subscription Agreement, pursuant to which the Company has conditionally agreed to issue, and the Subscriber has conditionally agreed to subscribe in cash for the Convertible Bonds in the aggregate principal amount of $50,000,000.Company intends to use the net proceeds as development of existing business and general working capital of the Group.  Full Article

Heritage International Holdings Ltd announces acquisition of century ambulance
Tuesday, 29 Sep 2015 08:05am EDT 

Heritage International Holdings Ltd:Announces acquisition of century ambulance.  Full Article

Heritage International Holdings Ltd enters into a sale and purchase agreement
Friday, 18 Sep 2015 09:53am EDT 

Heritage International Holdings Ltd:Says entered into the sale and purchase agreement.Pursuant to which the Sellers have conditionally agreed to sell, and the Buyer has conditionally agreed to purchase, the entire issued share capital of the Target Company.consideration shall be 1.46 billion yuan.Says consideration shall be satisfied by the issue and allotment of the base consideration of 2.26 billion cps.Refers to announcement dated 28 August 2015, relating to re-commencing of negotiations between the parties in connection with the proposed acquisition of Charm Best Development Limited.Buyer has also agreed to provide a sum of RMB400 million to the Target Company within 14 calendar days after the Completion Date as general working capital.  Full Article

Heritage International Holdings Ltd says appointment of executive director, deputy chairman, chief executive
Friday, 11 Sep 2015 07:20am EDT 

Heritage International Holdings Ltd:Ji Kewei has been appointed as executive director, deputy chairman, chief executive.  Full Article

Heritage International Holdings Ltd announces change in auditor
Tuesday, 1 Sep 2015 10:35am EDT 

Heritage International Holdings Ltd:Says n 31 August 2015 that the current auditor, Graham H. Y. Chan & Co. decided to tender their resignation as the auditor.Board resolved to propose in the forthcoming SGM, a resolution to approve the appointment of BDO, as the auditor of the Company to hold office until the conclusion of the next annual general meeting.  Full Article

More From Around the Web

BRIEF-China Innovative Finance Group's unit enters loan agreement

* On 16 Jan 2017, loan agreement was entered into between CIF Finance and borrower

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