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

0809.HK on Hong Kong Stock

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21 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Global Bio-chem Technology Group says HY net loss attributable to owners of co HK$312.5 mln
Monday, 28 Aug 2017 11:02am EDT 

Aug 28 (Reuters) - Global Bio-chem Technology Group Co Ltd <0809.HK>::HY revenue HK$2,017.1 million versus HK$2,062.3 million a year ago.HY net loss attributable to owners of co HK$312.5 million versus loss of HK$573.5 million.  Full Article

Global Bio-chem Technology announces transfer of two units in Changchun
Friday, 21 Jul 2017 06:59am EDT 

July 21 (Reuters) - Global Bio-chem Technology Group Co Ltd <0809.HK>::Announces transfer of two subsidiaries in Changchun from GSH group to GBT group.Consideration for sale interest is HK$60.9 million which shall be payable by purchaser Global Corn Chemical Investments at completion.Expected unaudited gain before taxation accrued to gsh group as a result of transactions would be about HK$35.8 million.  Full Article

Global Bio-Chem Technology updates on litigation co was involved in Europe with Ajinomoto
Friday, 30 Jun 2017 06:50am EDT 

June 30 (Reuters) - Global Bio-chem Technology Group Co Ltd <0809.HK>::Company and relevant group members entered into a settlement agreement with Ajinomoto.Pursuant to deal, after receipt of payment from group, Ajinomoto and group to withdraw pending proceedings in Europe relating to dispute.Refers to certain litigations co and certain units were involved in Europe with Ajinomoto.Litigation in relation to alleged infringement of certain patents and violation of trade secrets.  Full Article

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