Key Developments: SMI Culture Group Holdings Ltd (2366.HK)

2366.HK on Hong Kong Stock

0.38HKD
26 Nov 2014
Price Change (% chg)

HK$-0.02 (-4.94%)
Prev Close
HK$0.41
Open
HK$0.40
Day's High
HK$0.40
Day's Low
HK$0.38
Volume
17,873,200
Avg. Vol
16,045,516
52-wk High
HK$1.33
52-wk Low
HK$0.31

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Latest Key Developments (Source: Significant Developments)

SMI Culture Group Holdings Ltd announces auditor resignation
Tuesday, 25 Nov 2014 08:47am EST 

SMI Culture Group Holdings Ltd:Has received letter from Messrs KPMG for their resignation as auditor of company with effect from Nov. 24.  Full Article

SMI Culture Group Holdings Ltd does not declare interim dividend
Friday, 29 Aug 2014 09:31am EDT 

SMI Culture Group Holdings Ltd:Do not declare interim dividend for six months ended June 30, 2014 (2013: nil).  Full Article

SMI Culture Group Holdings Ltd's indirect subsidiary acquires 35 pct. equity interest in and shareholder's loans in Grand Astute Ltd
Friday, 8 Aug 2014 10:50am EDT 

SMI Culture Group Holdings Ltd:Says that on Aug. 8, purchaser (Tin Yan Development Ltd., indirect wholly owned subsidiary of the company), the vendor (Nicks International Ltd) and Qin entered into acquisition agreement.Pursuant to which Tin Yan Development conditionally agreed to purchase and Nicks International Ltd conditionally agreed to sell sale shares.Representing 35 pct. equity interest in Grand Astute Ltd, and sale loans, representing 35 pct. of all obligations, liabilities and debts owing or incurred by Grand Astute Ltd to Nicks International Ltd as at acquisition completion date, at consideration of HK$360,000,000.  Full Article

SMI Culture Group Holdings Ltd announces appointment of chairman
Friday, 16 May 2014 08:40am EDT 

SMI Culture Group Holdings Ltd:Says Hao Bin will be appointed as executive director and as chairman of board with effect from June 7.  Full Article

Qin Jia Yuan Media Services Co Ltd changes company name to SMI Culture Group Holdings Ltd
Wednesday, 5 Feb 2014 05:51am EST 

Qin Jia Yuan Media Services Co Ltd:Says the certificate of incorporation on change of name was issued by the registrar of companies in the Cayman Islands on Jan. 16, certifying that the change of name of the company to SMI Culture Group Holdings Ltd.The change of name took effect on Jan. 16.  Full Article

Qin Jia Yuan Media Services Co Ltd announces disposal of the entire issued share capital in Flash Fountain International Limited
Wednesday, 1 Jan 2014 07:27pm EST 

Qin Jia Yuan Media Services Co Ltd:Says on Dec. 31, 2013, an indirect wholly-owned subsidiary of the company (the Vendor) and Chen Feng (the Purchaser) entered into the agreement.Says pursuant to which the purchaser agreed to purchase, and the vendor agreed to sell, the Sale Share, comprising the entire issued share capital in Flash Fountain, for a total consideration of 31,332,500 Renminbi (equivalent to about HK$40,170,000).Says pursuant to the terms of the agreement, completion shall take place on or before Jan. 20.Says If the completion does not take place as a result of the sole default of the Purchaser, the Right of Use will lapse.Says upon completion, Flash Fountain will cease to be a wholly-owned subsidiary of the company.  Full Article

Qin Jia Yuan Media Services Co Ltd proposes change of company name
Friday, 6 Dec 2013 07:17am EST 

Qin Jia Yuan Media Services Co Ltd:Says t it proposes to change the name of the Company to SMI Culture Group Holdings Ltd.  Full Article

Qin Jia Yuan Media Services Co Ltd Announces Resignation Of Chief Executive Officer
Wednesday, 23 Oct 2013 07:51am EDT 

Qin Jia Yuan Media Services Co Ltd announced that Mr. Wang Fei has resigned as an executive Director, the Chief Executive Officer and an Authorized Representative with effect from October 23, 2013 as he has decided to pursue other business opportunity.  Full Article

Qin Jia Yuan Media Services Co Ltd Does Not Declare Interim Dividend
Wednesday, 28 Aug 2013 06:50pm EDT 

Qin Jia Yuan Media Services Co Ltd announced that the Directors do not declare a dividend for the six months ended June 30, 2013 (for the six months ended March 31, 2012: HK0.00025 per share and for the nine months ended June 30, 2012: nil).  Full Article

Qin Jia Yuan Media Services Co Ltd Announces Chief Executive Officer Change
Wednesday, 28 Aug 2013 11:49am EDT 

Qin Jia Yuan Media Services Co Ltd announced that Mr. Wang Fei (Mr. Wang), an executive Director, has been appointed as the Chief Executive Officer of the Company (CEO) with effect from August 28, 2013; and Mr. Lai Tsz Wah (Mr. Lai) has resigned as the CEO with effect from August 28, 2013 but remains as an executive Director.  Full Article

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