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Fresh Express Delivery Holdings Group Co Ltd (1175.HK)

1175.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Fresh Express Delivery Holdings updates on placing agreement
Friday, 25 Nov 2016 09:50am EST 

Fresh Express Delivery Holdings Group Co Ltd <1175.HK>: Company and placing agent entered into placing agreement . maximum gross proceeds and net proceeds from placing will be about hk$89.72 million and hk$88.50 million, respectively .conditionally agreed to place up to 218.8 million placing shares at a price of hk$0.41 per placing share.  Full Article

Fu Ji Food and Catering Services appoints Pan Junfeng as Chairman<1175.HK>
Friday, 24 Jun 2016 09:06am EDT 

Fu Ji Food and Catering Services Holdings Ltd <1175.HK>: Says Pan Junfeng an existing executive director will take over as new Chairman . Huang Shourong has decided to step down as Chairman of the board . Tang Dacong has been appointed as an executive director .  Full Article

FU JI Food and Catering Services Holdings Limited announces completion of placing of new shares under general mandate
Monday, 30 Nov 2015 04:30am EST 

FU JI Food and Catering Services Holdings Limited:Says that all conditions of placing agreement have been fulfilled and the completion took place on Nov. 30, 2015.Says an aggregate of 107,260,000 placing shares were allotted and issued to not less than six placees at placing price of HK$0.91 per placing share pursuant to the terms and conditions of placing agreement.Says net proceeds arising from placing are about HK$96 million.Says net proceeds from placing will be used for general working capital of the group.Says placing shares represent about 16.67 pct. of issued share capital of the company as at the date of this announcement immediately after completion.  Full Article

FU JI Food and Catering Services Holdings Limited announces termination of placing agreement
Tuesday, 8 Sep 2015 09:58am EDT 

FU JI Food and Catering Services Holdings Limited:Reference is made to the announcement of FU JI Food and Catering Services Holdings Limited dated 25 August 2015 in relation to the placing of up to 107,260,000 Placing Shares.Directors are of the view that the termination of the Placing Agreement has no material adverse impact on the existing business operation and financial position of the Group.Due to uncertain market conditions, the Company and the Placing Agent have considered and decided not to extend the Long Stop Date (i.e. 8 September 2015) and did not procure the fulfilment of the condition precedent on or before the Long Stop Date.As a result, the condition precedent was not being fulfilled on or before the Long Stop Date and the Placing Agreement was ceased and determined after 8 September 2015 in accordance with its terms.  Full Article

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