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China Putian Food Holding Ltd (1699.HK)

1699.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

China putian food holding company and JV partner entered into JV agreement
Friday, 17 Mar 2017 08:29am EDT 

China Putian Food Holding Ltd <1699.HK>: Company and JV partner entered into JV agreement . Registered capital of JV company will be RMB100 million .Parties are Beijing Heiliu Muye Keji Company Limited and China Putian Food Holding Limited.  Full Article

China Putian Food Holding updates on acquisition agreement
Wednesday, 7 Dec 2016 06:30am EST 

China Putian Food Holding Ltd <1699.HK>: Acquisition Of 100% Equity Interest In A Prc Company . Unit entered into agreement with vendor . Deal at consideration of rmb28 million .Pursuant to deal tianyi would acquire from chen dafeng 100% of equity interest in target company.  Full Article

China Putian Food updates on issue of convertible bond and non-convertible note due 2018
Wednesday, 28 Sep 2016 10:52am EDT 

China Putian Food Holding Ltd <1699.HK> : Issue Of Convertible Bond And Non-convertible Note Due 2018 And Update On Proposed Redemption Of The Existing Convertible Bonds . Net proceeds from convertible bond and note, after deducting expenses, are expected to be approximately hk$220.2 million . Subscription agreement in respect of subscription for and issue of (i) convertible bond in principal amount of hk$150 million . Subscription agreement in respect of subscription for and issue of he non-convertible note in principal amount of hk$110 million due 2018 . Net proceeds of approximately hk$11.6 million will be applied for developing business of black hog farming . Says on an event of default there may be occurrence of resignation or cessation of cai chenyang as chairman . Investor and company entered into subscription agreement .Net proceeds from issue of convertible bond and note will be applied to pay for redemption of existing convertible bonds.  Full Article

China Putian Food issues profit alert<1699.HK>
Tuesday, 23 Aug 2016 07:37am EDT 

China Putian Food Holding Ltd <1699.HK>: Putian food-profit alert <1699.HK> . Expected to record a substantial increase in profit for the six months ended 30 June 2016 . Says expected result mainly due to the gain arising from the change in fair value less costs to sell of biological assets .  Full Article

China Putian Food Holding Ltd issues profit warning
Thursday, 17 Mar 2016 07:14am EDT 

China Putian Food Holding Ltd:Group is expected to record a loss for the year ended 31 December 2015.Expected loss is mainly attributable to the increase of finance costs.  Full Article

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BRIEF-China putian food holding company and JV partner entered into JV agreement

* Parties are Beijing Heiliu Muye Keji Company Limited and China Putian Food Holding Limited Source text for Eikon: Further company coverage:

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