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Kasen International Holdings Ltd (0496.HK)

0496.HK on Hong Kong Stock

28 Mar 2017
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HK$0.00 (+0.00%)
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Latest Key Developments (Source: Significant Developments)

Kasen International unit disposes property
Friday, 17 Mar 2017 04:48am EDT 

Kasen Kasen International Holdings <0496.HK>: Disposal Of Property . Vendor, a wholly-owned subsidiary of company, entered into sale and purchase agreement with purchaser . Vendor agreed to dispose, and purchaser agreed to purchase, property . Deal for rmb8.7 million .Parties are Haining Hengsen Furniture Co as vendor and Haining Kasen Home Furniture Technology Co as purchaser.  Full Article

Kasen International Holdings updates on acquisition of 51% equity interest in Green Vantage and/or China Stamp
Wednesday, 21 Dec 2016 06:04am EST 

Kasen International Holdings Ltd <0496.HK> : Zhejiang Kasen, ZN Stamp vendors and target company entered into ZN Stamp Agreement . Company, GV vendors, Green Vantage, China Stamp and target company entered into GV agreement . Pursuant to agreement Zhejiang Kasen has conditionally agreed to acquire ZN stamp sale shares . GV vendors agreed to sell GV sale shares, representing entire issued share capital of Green Vantage, at GV consideration of rmb288 million . Total consideration payable by group under agreements to vendors is rmb612 million, subject to adjustments . Zhejiang Kasen to acquire ZN stamp sale shares, at ZN stamp consideration of rmb324 million .Upon completion, group will be interested in an aggregate of 51% equity interest in Green Vantage and/or China Stamp.  Full Article

Kasen International enters into LOI regarding possible acquisition of 51% stake in project co<0496.HK>
Tuesday, 7 Jun 2016 06:25am EDT 

Kasen International Holdings Ltd <0496.HK>: Inside information - letter of intent in relation to the possible acquisition <0496.HK> . The company entered into a non-legally binding letter of intent with the vendors . Says consideration for the possible acquisition determined to be a total of RMB612 million . Says loi in relation to possible acquisition of 51% issued share capital of the project company .  Full Article

Kasen International Holdings Ltd updates on possible disposal of shares in Haining Leather Market
Monday, 1 Feb 2016 03:42am EST 

Kasen International Holdings Ltd:Monthly progress in relation to possible disposal of shares in haining leather market.Consideration is receivable in cash on settlement or through exchange for hlm shares by bondholders of an exchangeable bond.Aggregate consideration of disposal carried out during period from 22 June to 31 January 2016 RMB107.5 million.Gain before deduction of any tax on disposal in the amount of approximately RMB101.8 million was arisen upon completion of disposal.  Full Article

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