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Birmingham International Holdings Ltd (2309.HK)

2309.HK on Hong Kong Stock

0.26HKD
24 Mar 2017
Change (% chg)

HK$0.00 (+1.96%)
Prev Close
HK$0.25
Open
HK$0.25
Day's High
HK$0.27
Day's Low
HK$0.25
Volume
49,770,500
Avg. Vol
11,554,008
52-wk High
HK$0.88
52-wk Low
HK$0.20

Latest Key Developments (Source: Significant Developments)

Birmingham International issues profit warning
Thursday, 9 Feb 2017 06:37am EST 

Birmingham International Holdings Ltd <2309.HK> : Group is expected to record an increase in loss for six months ended 31 December 2016 .Expected results due to increase in operating costs of group.  Full Article

Birmingham International says Huang Dongfeng has been appointed as CEO
Friday, 27 Jan 2017 06:02am EST 

Birmingham International Holdings Ltd <2309.HK>- : Huang Dongfeng has been appointed as an executive director and chief executive officer . Zhao Wenqing has stepped down from his position as chief executive officer of company . Yam Pui Hung Robert has been appointed as chief financial officer of company .Zhao Wenqing has stepped down from his position as chief executive officer of co.  Full Article

Birmingham International enters facility agreeement
Wednesday, 21 Dec 2016 05:27am EST 

Birmingham International Holdings Ltd <2309.HK> : company as borrower and trillion trophy as lender entered into facility agreement . Facility limit is a revolving loan facility up to a maximum of hk$250 million. .Agreement in relation to provision of facility by trillion trophy to company.  Full Article

Birmingham International appoints Zhao Wenqing as CEO & chairman
Friday, 14 Oct 2016 09:54am EDT 

Birmingham International Holdings Ltd <2309.HK> : Zhao Wenqing has been appointed as an executive director, chairman of board and chief executive officer of company . Liu Yiu Keung Stephen has tendered his resignation as executive director and chairman of board . Yen Ching Wai David has tendered his resignation as executive director and chief executive officer . Koo Chi Sum has tendered her resignation as executive director . Zhu Kai has been appointed as an executive director . Sue Ka Lok has been appointed as an executive director . Chan Yuk Yee has been appointed as an executive director . Yiu Chun Kong has been appointed as an executive director .application has been made to stock exchange for resumption with effect from 9:00 a.m. On monday, 17 october 2016.  Full Article

Birmingham International updates on results of audit<2309.HK>
Tuesday, 19 Jul 2016 06:07pm EDT 

Birmingham International Holdings Ltd <2309.HK>: 1) results of special audit for the year ended 30 June 2014 and (2) continuous suspension of trading <2309.HK> . "We disclaim our opinion in respect of the material uncertainty relating to the going concern basis" . Group may be unable to realise its assets and discharge its liabilities in the normal course of business .  Full Article

Birmingham International updates on subscription agreements, trading suspension<2309.HK>
Monday, 6 Jun 2016 06:13pm EDT 

Birmingham International Holdings Ltd <2309.HK>: (1)status of resumption proposal; (2)proposed capital reorganisation and change in board lot size; (3)proposed open offer of offer shares on the basis of one offer share for every two new shares held on the open offer record date; . On 6 June 2016, company entered into the subscription agreements with the investor . Investor will subscribe shares, being 3.13 billion new shares at hk$0.08 per share at total subscription price of hk$250 million . Pursuant to subscription agreements, investor will subscribe the new convertible notes in the principal amount of hk$150 million . Trading in the shares will remain suspended until further notice . Investor is co incorporated in British Virgin Islands owned by wealthy associates international .  Full Article

Birmingham Int'l updates on deal in relation to settlement agreement; continuous suspension of trading<2309.HK>
Tuesday, 10 May 2016 09:43am EDT 

Birmingham International Holdings Ltd <2309.HK>: Special deal in relation to a settlement agreement and continuous suspension of trading . Upon mutual discussions and negotiations, the parties have agreed to discontinue high court action . On 4 may 2016, company, BCFC, Pannu, Asia Rays and Amazing Top amicably resolved and have entered into the settlement agreement . Trading in shares will remain suspended until further notice . On 20 April 2016, parties applied for a stay of proceedings under HCA 1355/2015 pending settlement negotiations . Board considers that it will take a prolonged period of time before the legal proceedings involving the company can be settled .Entering into of settlement agreement as part of proposed restructuring could facilitate resumption of trading of shares.  Full Article

Birmingham International Holdings Ltd says discussions in respect of the possible restructuring are still ongoing
Thursday, 28 Jan 2016 10:29pm EST 

Birmingham International Holdings Ltd:Discussions in respect of the possible restructuring are still ongoing.Terms are subject to further negotiation between the receivers and the potential offeror.  Full Article

More From Around the Web

BRIEF-Birmingham International issues profit warning

* Group is expected to record an increase in loss for six months ended 31 December 2016

No consensus analysis data available.