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InvesTech Holdings Ltd (1087.HK)

1087.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Investech Holdings expects to record a net loss for six months ended 30 June 2017​
Monday, 10 Jul 2017 12:07am EDT 

July 10 (Reuters) - Investech Holdings Ltd <1087.HK>:‍Group is expected to record a net loss for six months ended 30 june 2017​.Expected result primarily attributable to interest expense of approximately rmb11.7 million incurred on coupon notes issued by group.Group expected to record increase in revenue from communicate system segment by about 25-30% in hy.  Full Article

InvesTech Holdings updates on disposal of shares by a substantial shareholder
Friday, 23 Sep 2016 07:41am EDT 

InvesTech Holdings Ltd <1087.HK>: Inside Information Disposal Of Shares By A Substantial Shareholder . Received a notice from Cheng wen that on 20 sept, Castle Gate Ventures Limited which is owned by Cheng disposed all of its shareholding in company . Sale shares represent approximately 10.99% of issued shares of company as at date of this announcement . Deal for consideration of HK$116.3 million Source (http://bit.ly/2cqn84V) Further company coverage: [1087.HK] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Hl Technology Group issues profit warning<1087.HK>
Tuesday, 28 Jun 2016 06:53am EDT 

HL Technology Group Ltd <1087.HK>: Profit warning <1087.HK> . Says group is expected to record a decrease in gross profit and net loss for the period . Expected results due to the significant decrease in revenue and gross profit .  Full Article

HL Technology Group Ltd issues FY 2015 profit Outlook
Friday, 29 Jan 2016 06:27am EST 

HL Technology Group Ltd:Group is expected to record a significant decrease in net profit for the year ended 31 December 2015.Decrease in net profit was attributable to the performance of the communication system segment of the group has been affected.  Full Article

HL Technology Group Ltd says completion of disposal of equity interests in a wholly-owned subsidiary
Tuesday, 27 Oct 2015 07:58am EDT 

HL Technology Group Ltd:Reference is made to the announcement of HL Technology Group Limited dated 8 July 2015 in relation to, among other things, the Disposal.Says the Consideration has been settled on 27 October 2015 and all conditions precedent under the Sale and Purchase Agreement have been fulfilled on the same date.The Completion took place on 27 October 2015.  Full Article

HL Technology Group Ltd says purchaser entered into a non-legally binding MOU with the vendor in relation to the proposed acquisition
Tuesday, 13 Oct 2015 10:38am EDT 

HL Technology Group Ltd:Says Purchaser entered into a non-legally binding MOU with the Vendor in relation to the Proposed Acquisition.MOU is non-legally binding (save for those terms in relation to the deposit, due diligence, termination, exclusivity, confidentiality, costs and expenses and governing law) and is subject to, among others, the execution of the Formal Agreement.Says terms of the Formal Agreement for the Proposed Acquisition have yet to be determined.Pursuant to the MOU, the Purchaser intends to acquire and the Vendor intends to sell not less than 51% of the issued share capital of the Target Company.Pursuant to the MOU, the indicative consideration for the Proposed Acquisition shall be not more than HK$600,000,000.  Full Article