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DeTai New Energy Group Ltd (0559.HK)

0559.HK on Hong Kong Stock

0.15HKD
22 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Detai New Energy says unit enters amended and restated JV agreement
Friday, 14 Jul 2017 09:34am EDT 

July 14 (Reuters) - Detai New Energy Group Ltd <0559.HK>::Rich Express and Zhongke International Capital entered into amended and restated JV agreement.Deal to provide a facility in an aggregate amount of HK$400 million.  Full Article

Detai New Energy updates on disposal of shares of Intense Rise Holdings
Thursday, 8 Jun 2017 10:40am EDT 

June 8 (Reuters) - Detai New Energy Group Ltd <0559.HK>::Co informed by Choy Shiu Tim that Choy disposed of 180 million shares of HK$0.05 each in share capital of company.Intense Rise Holdings, a co owned by Choy, disposed of 1.12 billion shares to Tong Liang at a price of HK$0.174 per share.Immediately after completion of disposal purchaser held 1.30 billion shares, representing approximately 24.85pct of co.  Full Article

Detai New Energy Group updates on new distributor in the UAE of new energy business
Tuesday, 6 Jun 2017 07:10am EDT 

June 6 (Reuters) - Detai New Energy Group Ltd <0559.HK>:Emission Particle Solution Sweden AB entered into a distribution agreement with Enlightco Safety LLC.Pursuant to deal Enlightco Safety LLC will be local distributor of Euroad in UAE in 2017.  Full Article

Detai New Energy Group says unit entered into loan agreement
Wednesday, 31 May 2017 06:55am EDT 

May 31 (Reuters) - Detai New Energy Group Ltd <0559.HK>::Unit, Detai Finance Limited as lender entered into loan agreement with borrower.Unit agreed to lend a loan of HK$16.8 million to borrower for a term of 12 calendar months at interest rate of 7 pct per annum.  Full Article

Detai New Energy Group updates on Mou on possible acquisition of biofuel business
Friday, 26 May 2017 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

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