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Eminence Enterprise Ltd (0616.HK)

0616.HK on Hong Kong Stock

0.06HKD
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Eminence Enterprise unit enters into SP agreement & provisional agreement
Wednesday, 16 Aug 2017 05:56am EDT 

Aug 16 (Reuters) - Eminence Enterprise Ltd <0616.HK>:Unit entered into SP agreement & provisional agreement in relation to acquisitions with new iris properties ltd & chan kwong nam.Treasure arts to acquire, and sellers to sell properties of fw building at a total consideration of HK$81.3 million.  Full Article

Eminence Enterprise enters into a subscription agreement
Monday, 7 Aug 2017 05:58am EDT 

Aug 7 (Reuters) - Eminence Enterprise Ltd <0616.HK>:Company entered into subscription agreement.‍Subscriber has conditionally agreed to subscribe for, CB2 in aggregate principal amount of HK$28.2 million.Net proceeds from transaction are estimated to be approximately HK$27.8 million.  Full Article

Eminence Enterprise says Lands Tribunal ordered compulsory sale of all shares of no. 11 & 13 Matheson Street
Tuesday, 1 Aug 2017 06:22am EDT 

Aug 1 (Reuters) - Eminence Enterprise Ltd <0616.HK>::Received judgement from lands tribunal ordering compulsory sale of all shares of no. 11 & 13 Matheson street, Hong Kong.Sale by auction at reserve price of HK$441 million.  Full Article

Eminence Enterprise enters deal to place 325 mln shares at HK$0.08 per share
Monday, 3 Jul 2017 08:11am EDT 

July 3 (Reuters) - Eminence Enterprise Ltd <0616.HK>:Company entered into placing agreement.Deal to place 325 million new shares at a price of HK$0.08 per placing share.  Full Article

Eminence Enterprise posts FY net loss of HK$26.6 million
Thursday, 18 May 2017 10:57am EDT 

May 18 (Reuters) - Eminence Enterprise Ltd <0616.HK>:For FY, group recorded revenue of HK$36.5 million, down 64.7%.FY net loss HK$26.6 million versus net loss of HK$69.3 million.  Full Article

Eminence Enterprise says a unit made a bid at tender for properties
Monday, 8 May 2017 05:04am EDT 

May 8 (Reuters) - Eminence Enterprise Ltd <0616.HK>-:Wholly-Owned subsidiary of company has made a bid at tender for properties on 5 May 2017.  Full Article

Eminence Enterprise says through purchaser, it entered into provisional agreements with vendors
Wednesday, 29 Mar 2017 07:09am EDT 

Eminence Enterprise Ltd <0616.HK>- : Group, through purchaser has entered into provisional agreements with vendors . Deal for consideration of hk$226.1 million . Purchaser has agreed to acquire properties from vendors .Wealth Plan as purchaser.  Full Article

Eminence Enterprise entered into subscription agreement with Goodco Development
Wednesday, 1 Mar 2017 06:44am EST 

Eminence Enterprise Ltd <0616.HK>: Company and subscriber entered into subscription agreement . Subscriber has conditionally agreed to subscribe for, 2017cb in aggregate principal amount of hk$16 million .Goodco development limited acts as the subscriber.  Full Article

Eminence Enterprise disposed 3.5 mln CCB shares on Dec 30
Thursday, 5 Jan 2017 04:43am EST 

Eminence Entreprise <0616.HK>: Group disposed on-market of total of 3.5 million CCB shares conducted on 30 dec 2016, at an average price of HK$5.91 per CCB share . Gross sale proceeds of disposal is approximately HK$20.6 million, which is receivable in cash on settlement .As a result of disposal, group is expected to recognize a gain of approximately HK$3.1 million.  Full Article

Eminence Enterprise raises capital to fund acquisitions
Thursday, 13 Oct 2016 08:18am EDT 

Eminence Enterprise Ltd <0616.HK>: Eminence proposes to raise not less than about HK$435.6 million and not more than about HK$598.5 million . Estimated net proceeds from rights issue will be HK$432.1 million to HK$593.7 million .Plans to use net proceeds of about 40% and 42% for acquisition of Matheson remaining unit and FW remaining units respectively.  Full Article

BRIEF-Eminence Enterprise unit enters into SP agreement & provisional agreement

* Unit entered into SP agreement & provisional agreement in relation to acquisitions with new iris properties ltd & chan kwong nam

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