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Chiho-Tiande Group Ltd (0976.HK)

0976.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Chiho-Tiande posts qtrly unaudited profit after tax HK$201.6 million
Thursday, 18 May 2017 08:00am EDT 

May 18 (Reuters) - Chiho-tiande Group Ltd <0976.HK>:Qtrly unaudited profit after tax of group was approximately HK$201.6 million, a turnaround from net loss of HK$68.4 million.For Q1 ended 31 march 2017, unaudited revenue HK$4.38 billion, increasing about 6 times over that of hk$712.3 million last year.  Full Article

Chiho-Tiande group says Liu Huaiyu has been appointed as CFO
Monday, 3 Apr 2017 08:20am EDT 

Chiho-Tiande group ltd <0976.HK> : Change Of Chief Financial Officer . Liu huaiyu has been appointed as chief financial officer of company .Chiho-Tiande group ltd- koon wai hung has been re-designated from his position of chief financial officer of company to deputy chief financial officer.  Full Article

Chiho-Tiande Group says unit enters into investment agreement with Caofeidian Industrial Zone
Friday, 31 Mar 2017 10:30am EDT 

Chiho-tiande Group Ltd <0976.HK> : Chiho-Tiande (tangshan) Resource Recycling Co., entered into investment agreement with Caofeidian Industrial Zone of renewable resources industrial park committee . Total investment amount of project including working capital by project company is RMB600 million . Agreement for purposes of investment in construction and operation of renewable resources recycling projects .Funding requirement for making total investment amount is not expected to have any material impact on group.  Full Article

Chiho-Tiande Group Ltd says FY loss reduced to about HK$440 mln
Thursday, 23 Mar 2017 06:25pm EDT 

Chiho-tiande Group Ltd <0976.HK>: Loss for year attributable reduced from about HK$1.139 billion in 2015 to about HK$440 million in 2016 .FY revenue increased by 2.4pct to about HK$3.2 billion.  Full Article

Chiho-Tiande obtains clearance for acquisition from Bosnia & Herzegovina regulators
Tuesday, 8 Nov 2016 04:32am EST 

Chiho-tiande Group Ltd <0976.HK> :Obtained merger control clearance for acquisition of share capital in scholz holding gmbh from council of competition of Bosnia & Herzegovina.  Full Article

Chiho-Tiande Group records HY net loss of HK$170.5 mln<0976.HK>
Tuesday, 23 Aug 2016 07:26am EDT 

Chiho-Tiande Group Ltd <0976.HK>: Announcement of unaudited interim results for the six months ended 30 June 2016 <0976.HK> . Revenue for the first half of 2016 decreased by HK$0.3 billion or 16.7% to HK$1.5 billion . No dividends were paid, declared or proposed during the current and previous interim periods . Group recorded HY loss attributable to the owners of the company of HK$170.5 million, decreased by HK$779.1 million . Volatility in the global metal market is expected to be seen in the coming years" . Management remains to be cautiously optimistic about the group's performance in the coming months . Does not recommend the payment of interim dividend for the period ended 30 June 2016 .  Full Article

Chiho Tiande obtained anti-trust clearance of potential equity acquisition<0976.HK>
Wednesday, 3 Aug 2016 07:52am EDT 

Chiho-Tiande Group Ltd <0976.HK>: Group has not entered into any definitive agreement in respect of the potential equity acquisition . Obtained anti-trust clearance of potential equity acquisition from competition and consumer protection office in Poland .  Full Article

Chiho Tiande Group updates on the German debt acquisition<0976.HK>
Wednesday, 27 Jul 2016 10:52am EDT 

Chiho-Tiande Group Ltd <0976.HK>: Company has submitted anti-trust filings in the applicable jurisdictions in which Scholz Group maintains material operations . Refers to announcements in relation to the German debt acquisition, the US assignment and the restructuring steps . Obtained anti-trust clearances of the potential equity acquisition from the Federal Cartel Office in Germany and the federal competition authority in Austria .  Full Article

Chiho-Tiande Group updates on restructuring agreement entered into by co and Scholz Holding<0976.HK>
Wednesday, 20 Jul 2016 10:17am EDT 

Chiho-Tiande Group Ltd <0976.HK>: Says restructuring agreement was entered into by, among others, the company and Scholz Holding . Bridging loan agreement for provision of an up to EUR80 million . On 20 July 2016 CRDL and Scholz recycling entered into the bridging loan agreement .  Full Article

Chiho-Tiande Group enters assignment and assumption agreement<0976.HK>
Wednesday, 1 Jun 2016 06:46pm EDT 

Chiho-Tiande Group Ltd <0976.HK>: The company (as assignee), the assignors (as assignors) and the borrowers (as borrowers) entered into an assignment and assumption agreement . Agreement to acquire the rights and obligations under the credit agreement . Assignment and assumption agreement to acquire the rights and obligations for a purchase price of US$16.76 million .  Full Article

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