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Loudong General Nice Resources China Holdings Ltd (0988.HK)

0988.HK on Hong Kong Stock

0.41HKD
23 Mar 2017
Change (% chg)

HK$0.01 (+2.50%)
Prev Close
HK$0.40
Open
HK$0.40
Day's High
HK$0.43
Day's Low
HK$0.40
Volume
1,953,000
Avg. Vol
5,237,245
52-wk High
HK$0.82
52-wk Low
HK$0.30

Latest Key Developments (Source: Significant Developments)

Loudong General Nice Resources China says unit entered SPA for HK$1 bln
Wednesday, 5 Oct 2016 10:07am EDT 

Loudong General Nice Resources China Holdings Ltd <0988.HK> : Unit as purchaser and vendor as vendor entered into sale and purchase agreement. . Vendor conditionally agreed to sell sale share and sale loan . Sale share and sale loan for consideration of hk$1 billion . Vendor is General Nice Resources (Hong Kong) Limited . Target company is Champ Concord Limited, a company incorporated in BVI .Company will finance consideration by bank borrowings.  Full Article

Loudong General Nice Resources China Holdings issues profit warning<0988.HK>
Wednesday, 24 Aug 2016 08:48am EDT 

Loudong General Nice Resources China Holdings Ltd <0988.HK>: Profit warning <0988.HK> . Says expected that the interim results of the group may record a significant loss for the six months ended 30 June 2016 . Expected result primarily attributable to the increase in finance cost from the borrowings .  Full Article

Loudong General Nice Resources China Holdings Ltd issues fy 2015 profit warning
Thursday, 24 Mar 2016 10:40am EDT 

Loudong General Nice Resources China Holdings Ltd:Expected to record a substantial increase in loss attributable to the owners of company for year ended 31 December 2015.Losses attributable to continuous decrease in selling price of metallurgical coke, amidst a slowing global economy in China.  Full Article

Loudong General Nice Resources China Holdings Ltd says completion of share transaction
Monday, 7 Sep 2015 09:54am EDT 

Loudong General Nice Resources China Holdings Ltd:Reference is made to the announcement in relation to entering into of Agreement between Shenzhen Yun Sheng and Vendors for acquisition of entire registered capital of Target Company.Says acquisition is for the aggregate Consideration of hk$70 million, which shall be satisfied by Shenzhen Yun Sheng to procure the Company to allot and issue a total of 70,000,000 Consideration Shares to the Vendors.Says completion of the Agreement took place on 7 September 2015 pursuant to which Shenzhen Yun Sheng has acquired the entire registered capital of the Target Company, the Target Company has become a wholly owned subsidiary of the Company.Says pursuant to completion the Company has allotted and issued 70,000,000 Consideration Shares to the Vendors in accordance with the terms and conditions of the Agreement.  Full Article

Loudong General Nice Resources China Holdings Ltd enters into agreement with vendors
Tuesday, 11 Aug 2015 10:49am EDT 

Loudong General Nice Resources China Holdings Ltd:Unit Shenzhen yun sheng entered into the agreement with the vendors.Says aggregate deal consideration of hk$70 million.Pursuant to agreement Shenzhen yun sheng agreed to acquire entire capital of target company.Says deal consideration satisfied by Shenzhen yun sheng.  Full Article

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