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DeTai New Energy Group Ltd (0559.HK)

0559.HK on Hong Kong Stock

0.26HKD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Detai New Energy Group updates on Mou on possible acquisition of biofuel business
10:14am EDT 

May 26 (Reuters) - Detai New Energy Group Ltd <0559.HK>:Purchaser entered into a non-legally binding memorandum with vendor in relation to possible acquisition.Rich Shine Development Ltd intends to acquire 100% of issued share capital of China Century Bio Energy (Hong Kong) Investment Co.  Full Article

Detai New Energy says unit entered into JV agreement
Monday, 24 Apr 2017 11:12am EDT 

April 24 (Reuters) - Detai New Energy Group Ltd <0559.HK>:Unit, entered into JV agreement with Zhonglian Guangcai for establishment of Tianjin joint venture with registered capital of RMB20 million.Pursuant to JV agreement, EPS Sweden And Zhonglian Guangcai undertake to contribute RMB16 million and RMB4 million in cash respectively.  Full Article

Detai New Energy Group says unit entered into sale and purchase agreement
Wednesday, 25 Jan 2017 09:59am EST 

Detai New Energy Group Ltd <0559.HK>: Purchaser, a wholly-owned subsidiary of company, and vendor entered into sale and purchase agreement . Deal for consideration of HK$35.6 million . Agreement pursuant to which vendor has agreed to sell sale shares, representing 5% of issued share capital of target company .Purchaser is Noble Advantage Limited; vendor is Key Vision Holdings Limited.  Full Article

Detai New Energy Group's unit enters loan agreement
Friday, 20 Jan 2017 06:56am EST 

Detai New Energy Group Ltd <0559.HK> : Unit entered into loan agreement with borrower .Lender, a unit, has agreed to lend a loan of HK$20 million to borrower.  Full Article

Detai New Energy entered into CPS transfer agreement
Friday, 7 Oct 2016 09:07am EDT 

Detai New Energy Group Ltd <0559.HK> : Company entered into CPS transfer agreement with Capital Farm And Jovial Sky .Purchasers have agreed to purchase 100 million convertible preference shares in aggregate at transfer price of HK$0.24 per convertible preference share.  Full Article

Detai New Energy Group Ltd updates on termination of possible transaction
Tuesday, 27 Sep 2016 07:32am EDT 

Detai New Energy Group Ltd <0559.HK>: Termination Of Possible Transaction In Relation To The Acquisition Of Internet Education Business In The Prc . Co and vendors entered into a termination letter whereby parties have mutually agreed to terminate memorandum with immediate effect .Termination of possible acquisition does not have any material impact on existing business operation and financial position of group.  Full Article

Detai New Energy Group updates on settlement deed
Monday, 26 Sep 2016 09:35am EDT 

Detai New Energy Group Ltd <0559.HK> : discloseable Transaction Settlement Deed In Relation To The Acquisition Of 85% Equity Interest In Delta Prestige Holdings Limited .Co and vendor entered into a settlement deed for full and final settlement of vendor's obligations under profit guarantee.  Full Article

DeTaiNew Energy Group announces termination of acquisition of equity interest in Xiaogan Petrochina Kunlun Gas Co<0559.HK>
Wednesday, 31 Aug 2016 09:10am EDT 

DeTai New Energy Group Ltd <0559.HK>: Newenergy-termination of major transaction in relation to the acquisition of 60% equity interest in Xiaogan Petrochina Kunlun Gas Co., Limited <0559.HK> . Says the purchaser decided not to proceed with the acquisition .  Full Article

DeTai New Energy enters MOU for possible acquisition<0559.HK>
Tuesday, 5 Jul 2016 07:42am EDT 

DeTai New Energy Group Ltd <0559.HK>: strategic cooperation memorandum in relation to the possible acquisition of internet education business in the prc <0559.HK> . Pursuant to the memorandum, company intends to acquire not less than 90% of issued share capital of target co . Acquisition such that the company will indirectly hold not less than 51% equity interest in Zhongshan Bei Dou .  Full Article

Guocang Group Ltd issues FY 2015 profit outlook
Wednesday, 17 Feb 2016 06:46am EST 

Guocang Group Ltd:Expected to record an increase in the net loss for the six months ended 31 December 2015 as compared to that for the corresponding period of 2014.Loss was mainly attributable to the substantial decrease of turnover by approximately HK$30 million and gross profit margin of liquor and wine business as compared to the corresponding period of 2014.  Full Article

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