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DeTai New Energy Group Ltd (0559.HK)

0559.HK on Hong Kong Stock

0.21HKD
18 Jan 2017
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Latest Key Developments (Source: Significant Developments)

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

Guocang Group Ltd says purchaser delivered unilateral termination notice to terminate framework agreement
Thursday, 1 Oct 2015 07:47pm EDT 

Guocang Group Ltd:Says Purchaser delivered unilateral termination notice to vendors and target company to terminate framework agreement with immediate effect.Board considers that lapse of framework agreement will not have any material adverse impact on business, operation and financial position of group.References are made to the announcements of Guocang Group Limited in relation to, among other things, the acquisition of the entire equity interest in Shenzhen Xingmei New Energy Automobile Limited for the consideration of 200,000,000 yuan.  Full Article

Guocang Group Ltd announces acquisition
Tuesday, 28 Jul 2015 10:37am EDT 

Guocang Group Ltd:Entered into a non-legally binding memorandum with the vendor in relation to the possible acquisition.Consideration shall be satisfied by the company by allotment and issue of consideration shares and warrants.Upon Completion, the Group will indirectly own 51 pct of the equity interest of the PRC company.The PRC company owns 49 pct equity interest in CNOOC Green Energy.  Full Article

Guocang Group Ltd proposes name change
Tuesday, 31 Mar 2015 06:09pm EDT 

Guocang Group Ltd:Proposes to change the English name of the company from ‘‘Guocang Group Limited’’ to ‘‘Xingmei New Energy Group Limited’’ and to adopt and register as the secondary name of the company to replace the current Chinese name.  Full Article

Guocang Group Ltd gives H1 2015 earnings guidance
Monday, 9 Feb 2015 07:56am EST 

Guocang Group Ltd:Expects to record net loss for H1 2015 as compared to net profit for H1 2014.Says that loss was mainly attributable to (i) the substantial decrease of turnover by about HK$100 million and gross profit margin of liquor and wine business as compared to the corresponding period of 2013.And (ii) loss on fair value change of listed securities investments of about HK$66 million, which were partly offset by the gain on disposal of subsidiaries of about HK$43 million.  Full Article

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