Edition:
United States

Tai United Holdings Ltd (0718.HK)

0718.HK on Hong Kong Stock

1.36HKD
24 Mar 2017
Change (% chg)

HK$0.01 (+0.74%)
Prev Close
HK$1.35
Open
HK$1.33
Day's High
HK$1.36
Day's Low
HK$1.31
Volume
1,235,000
Avg. Vol
6,257,358
52-wk High
HK$1.85
52-wk Low
HK$0.75

Latest Key Developments (Source: Significant Developments)

Tai United Holdings issues positive profit alert
Tuesday, 14 Mar 2017 09:14am EDT 

Tai United Holdings Ltd <0718.HK> : For nine months ended 31 December 2016, company is expected to record a net profit .Expected result due to gain arising from changes in fair value of investment properties.  Full Article

Tai United appoints Chua Hwa Por as executive director, chairman
Wednesday, 1 Feb 2017 05:01am EST 

Tai United Holdings Ltd <0718.HK> : Chua Hwa Por has been appointed as an executive director of company . Meng Zhaoyi ceased to act as chairman of board but remained as an executive director and chief executive officer .Chua Hwa has been appointed as chairman.  Full Article

Tai United updates on subscription agreement
Wednesday, 30 Nov 2016 08:59am EST 

Tai United Holdings Ltd <0718.HK> : Is currently in negotiation with Hu and a party considered to be acting in concert with co for purpose of subscription agreement .Expected that proposed issue price of subscription shares will remain unchanged.  Full Article

Tai United Holdings issues profit warning
Tuesday, 22 Nov 2016 09:48am EST 

Tai United Holdings Ltd <0718.HK>: Expects a significant increase in loss attributable to equity holders of company for six months ended 30 September 2016 .Expected results due to exchange loss due to depreciation of renminbi of approximately HK$25 million.  Full Article

Tai United Holdings updates on transaction in relation to acquisition of distressed assets
Sunday, 20 Nov 2016 07:41pm EST 

Tai United Holdings <0718.HK> : Purchaser being Hangzhou Tai Rong and auctioneer being Zhejiang Tian Heng auction company limited . Subsidiary won a bid for distressed assets at a consideration of RMB1.12 billion .Deposit of RMB100 mln was paid by purchaser.  Full Article

Tai United negotiating for acquisition of property London
Thursday, 13 Oct 2016 11:00am EDT 

Tai United Holdings Ltd <0718.HK>: Currently negotiating with an independent vendor in respect of a possible acquisition of a commercial property london .Consideration for deal will be well over HKD1 billion.  Full Article

Tai United enters into subscription agreement<0718.HK>
Wednesday, 28 Sep 2016 06:08pm EDT 

Tai United Holdings Ltd <0718.HK>: Company entered into the subscription agreement with, among others, the investors . Investors conditionally agreed to subscribe for, the notes in the aggregate principal amount of not more than US$180 million .  Full Article

Tai United Holdings enters facilities agreement
Wednesday, 28 Sep 2016 06:05pm EDT 

Tai United Holdings Ltd <0718.HK> : Company as borrower entered into facilities agreement with lender . Lender is Industrial And Commercial Bank Of China (Asia) Limited .Loan facilities in an aggregate principal amount of up to HK$800 million.  Full Article

Tai United proposes rights issue to raise about HK$3.00 bln<0718.HK>
Thursday, 1 Sep 2016 06:06pm EDT 

Tai United Holdings Ltd <0718.HK>: Hold-...more (i) proposed rights issue on the basis of two (2) rights shares for every one (1) existing share held on the record date at hk$1.00 per rights share; and (II) closure of register of members <0718.HK> . Says company proposed to raise approximately hk$3.00 billion (before expenses) by way of the rights issue . Company will allot and issue 3.00 billion rights shares at the subscription price of hk$1.00 per rights share . Estimated net proceeds from the rights issue (after deducting the estimated expenses) will be approximately hk$3 billion . Pursuant to the underwriting agreement, the total subscription price of hk$1.74 billion payable by Tai he will be subject to the set-off .  Full Article

Bestway updates on acquisition of properties in London<0718.HK>
Friday, 12 Aug 2016 12:21am EDT 

Bestway International Holdings Ltd <0718.HK>: Execution of exclusivity agreement - proposed acquisition of properties in London <0718.HK> . Says consideration for the proposed acquisition will be not more than HK$1.3 billion . Says it is expected that the proposed acquisition will be financed by the internal resources of the company . Purchaser wide flourish investments, the vendors and the solicitors of the vendors entered into the exclusivity agreement .  Full Article

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