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Global Bio-chem Technology Group Co Ltd (0809.HK)

0809.HK on Hong Kong Stock

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24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Global Bio-Chem Technology says Dacheng Bio-Tech enters construction deal
Friday, 10 Mar 2017 03:49am EST 

Global Bio-chem Technology Group Co Ltd <0809.HK> : Dacheng Bio-Tech entered into construction agreement with contractor . Aggregate sum of consideration payable by dacheng bio-tech for construction shall be approximately RMB243.89 million .Deal in relation to construction of production plant for production of methanol in Xinglongshan, Changchun.  Full Article

Global Bio-chem Technology enters into MoU related to acquisition of interests in JV<0809.HK>
Thursday, 26 May 2016 07:07am EDT 

Global Bio-chem Technology Group Co Ltd <0809.HK>: Memorandum of understanding in relation to the proposed indirect acquisition of interests in a joint venture <0809.HK> . The company and an individual entered into a memorandum of understanding . Expected that the hk company will hold about 49% of the equity interest of cornell chemical industry co., ltd . Says total consideration for the proposed acquisition shall be about RMB277 million . Expected that proposed acquisition will create synergistic effect between the joint venture and the group .  Full Article

Global Bio-chem Technology Group Co Ltd announces change in auditors
Tuesday, 19 Jan 2016 03:56am EST 

Global Bio-chem Technology Group Co Ltd:Proposes Ernst & Young be removed as auditors of the Company with immediate effect.World Link CPA Limited be and is hereby appointed as the auditors of the Company with immediate effect and to hold office until the conclusion of the next annual general meeting of the Company.  Full Article

Global Bio-chem Technology Group Co Ltd announces completion of subscription; resignation of CEO Chairman, CFO
Thursday, 15 Oct 2015 09:21am EDT 

Global Bio-chem Technology Group Co Ltd:Says Liu Xiaoming has resigned as an executive Director and has ceased to be the Chairman.Ji Jianping has resigned as an executive Director and has ceased to be the Chief Executive Officer.Cheung Chak Fung has resigned as an executive Director and has ceased to be the Chief Financial Officer.Says all the conditions precedent to completion of the Subscription had been fulfilled and the Subscription Completion took place on 15 October 2015.Subscription Shares, which comprised of a total of 3,135,509,196 Shares, were allotted and issued by the Company to the Subscriber, Modern Agricultural Industry Investment Limited, on Subscription Completion pursuant to the terms of the Subscription Agreement.  Full Article

Global Bio-chem Technology Group Co Ltd updates on infringement of patents in The Netherlands
Friday, 7 Aug 2015 04:16am EDT 

Global Bio-chem Technology Group Co Ltd:Inside information infringement of patents in The Netherlands.Says claimed damages will not be settled by the relevant group members at this stage.Relevant group members recently received a demand from legal advisers of plaintiff.Demand from legal advisers of plaintiff for damages of over 2.2 million euros in respect of infringement.Says expected that plaintiffs will initiate damages assessment proceedings for assessment of claimed damages.  Full Article

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