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China Automation Group Ltd (0569.HK)

0569.HK on Hong Kong Stock

1.30HKD
3:35am EDT
Change (% chg)

HK$-0.02 (-1.52%)
Prev Close
HK$1.32
Open
HK$1.35
Day's High
HK$1.35
Day's Low
HK$1.29
Volume
126,000
Avg. Vol
186,062
52-wk High
HK$1.62
52-wk Low
HK$1.03

Latest Key Developments (Source: Significant Developments)

China Automation Group enters into sale and purchase agreement
Thursday, 30 Mar 2017 06:08pm EDT 

China Automation Group Ltd <0569.HK>: Company and vendor entered into sale and purchase agreement . Deal to acquire 60pct of total issued share capital of target company . Deal for consideration shall be amount equal to 2016 actual net profit multiplied by 20 .Consideration shall be settled by way of issue of convertible bond in principal amount equal to consideration by co to vendor at completion.  Full Article

China Automation updates on takeover offer by Somerley Capital<0569.HK>
Tuesday, 9 Aug 2016 08:35am EDT 

China Automation Group Ltd <0569.HK>: Offers have become unconditional in all respects . Refers to conditional mandatory cash offers by Somerley Capital on behalf of offeror for all issued shares and to cancel all outstanding options of company .  Full Article

China Automation updates on cash offer by Somerley Capital to acquire shares of Co<0569.HK>
Monday, 8 Aug 2016 09:30am EDT 

China Automation Group Ltd <0569.HK>: Offers will not become unconditional on 8 August 2016 . Offeror was informed by pengana that acceptance of share offer in respect of IU shares was not able to be delivered to offeror . Refers to conditional mandatory cash offers by somerley capital for and on behalf of offeror to acquire all issued shares & to cancel all outstanding options of co .  Full Article

China Automation Group expects to record loss for HY<0569.HK>
Monday, 11 Jul 2016 09:52am EDT 

China Automation Group Ltd <0569.HK>: Profit warning <0569.HK> . Expected to record, for six months consolidated loss between approximately RMB160 million and approximately RMB190 million . Expected loss for interim period was mainly due to significant decline in revenue as a result of economic slowdown in China .  Full Article

China Automation Group applies for trading resumption<0569.HK>
Tuesday, 24 May 2016 09:08am EDT 

China Automation Group Ltd <0569.HK>: Application has been made for resumption of trading in the shares with effect from 9:00 a.m. on 25 may 2016 . Xuan is in an advanced stage of discussions with huang and kuang in relation to the proposed acquisition .  Full Article

China Automation Group Ltd issues FY profit warning
Tuesday, 1 Mar 2016 03:36am EST 

China Automation Group Ltd:Expected to record FY loss from continuing operations in range of about RMB250 million to about RMB400 million.Expected profit mainly attributable to gain from disposal of interest in Beijing jiaoda microunion technology.  Full Article

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