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Prosperity International Holdings HK Ltd (0803.HK)

0803.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Prosperity International Holdings HK Ltd says unit entered into equity transfer agreement
Wednesday, 30 Sep 2015 10:00am EDT 

Prosperity International Holdings HK Ltd:Unit entered into the equity transfer agreement and the supplemental agreement with the purchaser, sb property, the Purchaser's and Vendor's Guarantor.Says unit to dispose of and purchaser to acquire the sale shares and the shareholder's loan.Deal for an aggregate consideration of up to approximately 375.5 million yuan.  Full Article

Prosperity International Holdings HK Ltd announces placing of new shares
Thursday, 30 Apr 2015 09:33am EDT 

Prosperity International Holdings HK Ltd:Enters into placing agreement with placing agent, pursuant to which placing agent, being an exclusive placing agent of company, has agreed to procure placees to subscribe for up to 720,000,000 placing shares at placing price of HK$0.238 per placing share.Assuming all placing shares are fully placed, maximum gross proceeds from placing will be HK$171,360,000.Intends to use net proceeds from placing for general working capital of Group and possible investments in the future when opportunities arise.Says placing shares will be issued under General Mandate granted to Directors by a resolution of shareholders passed at AGM.  Full Article

Prosperity International Holdings HK Ltd announces disposal by Prosperity Minerals Investment Ltd of 15 pct equity interest in Anhui Chaodong Cement Co., Ltd
Tuesday, 31 Mar 2015 08:01am EDT 

Prosperity International Holdings HK Ltd:Refers to its announcements dated Se, pt. 292014 and March 27, 2015, whereby it was announced that PMIL, an indirect wholly-owned subsidiary of the Company to the disposal of not more than 15% of the equity interest in ACC.Announces that on March 31, 2015, PMIL as vendor and Anhui Xinli as purchaser entered into the Equity Transfer Agreement, pursuant to which PMIL agreed to sell a 15 pct equity interest in ACC to Anhui Xinli at the Consideration of 580,800,000 Yuan.  Full Article

KLW Holdings Ltd proposes acquisition of 45.45 pct of the issued share capital of Mega Sun Development Limited from Prosperity Real Estate
Sunday, 26 Oct 2014 07:00pm EDT 

KLW Holdings Ltd:Announces that the company has on Oct. 27 entered into a sale and purchase agreement with Prosperity Real Estate Holdings Limited, a company incorporated in Bermuda and an indirect wholly-owned subsidiary of Prosperity International Holdings (H.K.) Limited.Says the Company shall acquire 4,545 ordinary shares in the share capital of Mega Sun Development Limited from Prosperity Real Estate.Says the sale shares represent 45.45 pct of the issued share capital of Mega Sun, which are legally and beneficially owned by Prosperity Real Estate as at the date of the SPA.Says the consideration for the proposed acquisition shall be an aggregate amount of 85,000,000 yuan.  Full Article

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