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Kingwell Group Ltd (1195.HK)

1195.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Kingwell Group announces termination of sale and purchase agreement
Wednesday, 12 Oct 2016 06:44am EDT 

Kingwell Group Ltd <1195.HK> : Company and vendor entered into a termination letter . parties have mutually agreed to terminate the sale and purchase agreement .termination has no material adverse impact on the existing business, operation and financial position of the group.  Full Article

Kingwell Group unit enters into retail sale and purchase agreement
Monday, 26 Sep 2016 06:04pm EDT 

Kingwell Group-discloseable Transactions Disposal Of Properties <1195.HK>: Unit entered into retail sale and purchase agreement and hotel sale and purchase agreement with purchaser . Deal for RMB39.4 million .Purchaser is Anlu City Shenmao Property Management Limited.  Full Article

Kingwell Group enters sale and purchase agreement<1195.HK>
Wednesday, 29 Jun 2016 11:00am EDT 

Kingwell Group Ltd <1195.HK>: Discloseable transaction in relation to the acquisition of renewable energy business involving issue of consideration shares <1195.HK> . Deal for consideration of RMB176.4 million . The company and vendor Quick Nimble Group entered into the sale and purchase agreement .  Full Article

Kingwell Group Ltd issues FY profit warning
Friday, 19 Feb 2016 04:18am EST 

Kingwell Group Ltd:Expects to record a consolidated net loss for the period ended 31 December 2015.Reasons are mainly due to increase in share option expenses and the absence of any gain on disposal of the subsidiaries during the current period.  Full Article

Kingwell Group Ltd proposes to raise approximately HK$46.1 mln
Tuesday, 8 Sep 2015 10:44am EDT 

Kingwell Group Ltd:Proposes to raise approximately HK$46.1 million, before expenses, by issuing 288,409,173 Offer Shares.Says a subscription Price of HK$0.16 per Offer Share.Net proceeds from the Open Offer after deducting estimated expenses are estimated to be approximately HK$43.4 million.Intends to use such net proceeds as to about HK$20.0 million for settlement of outstanding debts and related interests;.Says about HK$13.0 million reserved for possible acquisitions/investments as and when such opportunities arise; and.Says approximately HK$10.4 million is used for general working capital to strengthen the Company's financial position.  Full Article

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