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Zall Group Ltd (2098.HK)

2098.HK on Hong Kong Stock

5.07HKD
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Fullshare Holdings expects net loss of about rmb1.09 billion from Zall Investment
Monday, 10 Jul 2017 10:56am EDT 

July 10 (Reuters) - Fullshare Holdings Ltd <0607.HK>::Group will record a net loss of approximately rmb1,086 million from Zall Investment.Board is of view that investment loss will not adversely affect group's operating financial positions.Investment loss relates to change in fair value of group's investment in Zall Group which are volatile in nature.  Full Article

Zall Group says ‍Zall Commerce Supply Chain entered into framework agreement​
Tuesday, 27 Jun 2017 07:46am EDT 

June 27 (Reuters) - Zall Group <2098.HK>:very Substantial Acquisition .‍Zall Commerce Supply Chain, co, zall development investment, Yan and vendors entered into framework agreement​.Second consideration for second target equity interest is tentatively fixed at approximately rmb307 million.Agreement in relation to a proposed acquisition of second target equity interest from shenzhen agricultural products co.  Full Article

Zall Group enters subscription agreement
Tuesday, 30 May 2017 09:24pm EDT 

May 31 (Reuters) - Zall Group Ltd <2098.HK>:‍company entered into subscription agreement with subscriber​.‍deal for subscription price of hk$4.2 per subscription share​.‍company conditionally agreed to allot and issue, an aggregate of 357.1 million subscription shares​.gross proceeds from subscription are estimated to be approximately hk$1.5 billion.company intends to apply net proceeds from subscription to repay certain debt of group and as general working capital of group.  Full Article

Zall Group says unit acquired shares for total consideration of about HK$106.4 million
Friday, 5 May 2017 10:19am EDT 

May 5 (Reuters) - Zall Group Ltd <2098.HK>::Unit acquired shares for a total consideration of approximately HK$106.4 million.Immediately upon completion of acquisition, group holds an aggregate of 13.6 million CT shares.  Full Article

Zall Group Ltd says acquired aggregate of 15 mln shares in Fullshare
Thursday, 4 May 2017 08:01am EDT 

May 4 (Reuters) - Zall Group Ltd <2098.HK>::Acquired aggregate of 15mln shares in Fullshare in open market for aggregate consideration of about HK$44.1 million.After acquisition, group will hold approximately 3.53% of total shares in issue of fullshare.  Full Article

Zall Group comments on report issued by Glaucus Research
Tuesday, 25 Apr 2017 08:18pm EDT 

April 26 (Reuters) - Zall Group Ltd <2098.HK>:company is not aware of any circumstance suggesting that company's stock price is being manipulated.would like to clarify that it had not issued any new share to Fullshare's chairman..confirms that there had been no default on outstanding debt under us$100 million convertible bonds issued by company.acquisition of Fullshare shares by company in June 2015 was a standalone transaction and unrelated to acquisition of co's shares by Fullshare from its chairman.report wrongly attributes increase in co's stock price to fullshare's equity investment in co leading to stock price being manipulated."denies all misstatements and false assertions concerning group in report".would like to emphasize that group's financial position remains healthy and stable..reference is made to report issued by Glaucus Research Group on 25 April 2017 in relation to Fullshare.  Full Article

Zall says it expects Wuhan Zall Heng to be recognised as JV of group
Tuesday, 28 Mar 2017 08:21pm EDT 

Zall Group Ltd <2098.HK> : Expected that Wuhan Zall Heng, in which co has 60% equity interest through its unit, Zall Development Wuhan, will be recognised as jv of group .After consideration of financial effect of recognition, expect consol revenue for year ended Dec 2016 to remain at similar level as for year ended Dec 2015.  Full Article

Zall Group expects FY consol revenue from cont ops to increase
Friday, 27 Jan 2017 03:14am EST 

Zall Group Ltd <2098.HK> : expected that group's consolidated revenue for second half of 2016 will show a substantial increase from first half of 2016 . expected that supply chain management business will have no significant impact on group's consolidated profit for financial year ended 31 december 2016. .expected that group's consolidated revenue for full year ended 31 december 2016 based on continuing operations will increase by over 200% to 250%.  Full Article

Zall Group says unit to acquire 60.49% of equity interest in Shenzhen Agricultural Product E-Commerce Joint Stock Company
Tuesday, 1 Nov 2016 09:13am EDT 

Zall Group Ltd <2098.HK>: Unit entered into an agreement in relation to acquisition of up to approximately 60.49% of equity interest . Unit to acquire 60.49% of equity interest in Shenzhen Agricultural Product E-Commerce Joint Stock Company .Deal at a consideration of up to HK$2.59 billion.  Full Article

Zall Group says HY revenue RMB 626.1 mln<2098.HK>
Wednesday, 31 Aug 2016 08:56am EDT 

Zall Group Ltd <2098.HK>: HY revenue RMB 626.1 million versus RMB 539.4 million; HY net profit RMB 1.46 billion versus RMB 1.17 billion .  Full Article

BRIEF-Fullshare Holdings expects net loss of about rmb1.09 billion from Zall Investment

* Group will record a net loss of approximately rmb1,086 million from Zall Investment