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Wang Tai Holdings Ltd (1400.HK)

1400.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Wang Tai says unit entered into sale and purchase agreements
Thursday, 26 Jan 2017 03:39am EST 

Wang Tai Holdings Ltd <1400.HK> : On 11 January 2017 unit entered into sale and purchase agreements with three shareholders . Deal with three shareholders of target company . Vendors agreed to sell, in aggregate, approximately 53.0% of issued share capital of target company .Trading in shares will remain suspended pending publication of announcement regarding details of acquisition placing,application for whitewash waiver.  Full Article

Wang Tai Holdings issues profit warning<1400.HK>
Tuesday, 26 Jul 2016 05:47am EDT 

Wang Tai Holdings Ltd <1400.HK>: Hldg-profit warning <1400.HK> . Says profit attributable to the shareholders for the six months ended 30 June 2016 is expected to decrease . Expected result due to decrease in gross profit margin as a result of the worsening of market conditions .  Full Article

Wang Tai says Unit entered into equity interests transfer agreement<1400.HK>
Monday, 18 Jul 2016 10:10am EDT 

Wang Tai Holdings Ltd <1400.HK>: Hldg-acquisition of 50% equity interests in Baixin (China) Co., Ltd. . Unit entered into the equity interests transfer agreement .Deal for total consideration of RMB150 million.  Full Article

Wang Tai Holdings issues FY profit warning
Friday, 5 Feb 2016 03:29am EST 

Wang Tai Holdings Ltd:Expected that the annual results of the group for the year ended 31 December 2015 May experience a substantial decline in the earnings of the group.Expected result due to reduction of demand in domestic textile market.Says "is capable of financing its operations by its own internal resources and available banking facilities".  Full Article

Wang Tai Holdings Ltd says entered into placing agreement
Monday, 17 Aug 2015 08:34am EDT 

Wang Tai Holdings Ltd:Says company entered into the placing agreement with the placing agents.Says agreed to place up to 240 million placing shares at a price of hk$1.50 per placing share.Says net proceeds from the placing,are estimated to be approximately hk$354.6 million.Uses net proceeds for acquisition of assets of second phase of Hubei production facilities as to about hk$150.0 million.  Full Article

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