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United States

InvesTech Holdings Ltd (1087.HK)

1087.HK on Hong Kong Stock

1.75HKD
9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Investech Holdings says Smoothly Global increases stake in Co
Tuesday, 18 Oct 2016 07:10am EDT 

Investech Holdings Ltd <1087.HK>- : Smoothly Global acquired a total of 6 million shares of company at a total consideration of approximately HK$8.3 million ."After acquisitions, shareholding of Smoothly Global in co increased from approximately 13.4% to approximately 14.2%".  Full Article

Investech Holdings appoints Chan Sek Keung, Ringo as CEO
Wednesday, 21 Sep 2016 06:47am EDT 

InvesTech Holdings Ltd: More Redesignation Of Director, Change Of Chief Executive Officer, Change Of Composition Of Nomination Committee And Establishment Of Investment Commitee . Han Sek Keung, Ringo has been re-designated from a non-executive director to an executive director . Wu Chi Luen has resigned as chief executive officer .Chan Sek Keung, Ringo has been appointed as CEO of company.  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

HL Technology Group Ltd announces transaction to disposal Honglin International
Tuesday, 9 Jun 2015 05:00am EDT 

HL Technology Group Ltd:Entered into S&P agreement with purchaser and Chi (as guarantor for purchaser).For sale and purchase of sale share (1,001 ordinary shares of $1.00 each of Honglin International in the total amount of $1,001, being entire issued share capital in Honglin International ).Pursuant to S&P agreement, company has conditionally agreed to dispose of and purchaser ( Jia Ya Developments Ltd ) has conditionally agreed to purchase sale share from company at initial consideration of HK$255 mln.Final consideration was fixed at HK$232,804,729, which was arrived at with reference to initial consideration of HK$255 mln plus negative adjustment amount of HK$22,195,271.  Full Article

HL Technology Group Ltd gives FY 2014 profit outlook
Monday, 26 Jan 2015 04:41am EST 

HL Technology Group Ltd:Expects to record a net profit for FY 2014 as compared to a net loss for FY 2013.  Full Article