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Add New Energy Investment Holdings Group Ltd (2623.HK)

2623.HK on Hong Kong Stock

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30 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Add New Energy Investment says unit entered agreement with Shandong Energy Development Co
Monday, 3 Oct 2016 02:41am EDT 

Add New Energy Investment Holdings Group Ltd: Application has been made for resumption of trading in shares of co with effect from 1:00 p.m. on 3 October 2016 . Agreement with state power investment corporation Shandong Energy Development Company Limited . Parties to cooperate in development of wind power in total size of 400-500 mw, with total investment of RMB4 billion or more . On 30 sept 2016, Shandong Ishine entered into a legally binding district exclusive strategic cooperation agreement . Pursuant to agreement, Shandong Ishine and Shandong Energy shall carry out comprehensive cooperation in onshore wind power .Agreement will help group to further promote development of new energy business, develop revenue stream and bring returns.  Full Article

Add New Energy Investment updates on equity acquisition agreement
Thursday, 22 Sep 2016 06:57am EDT 

Add New Energy Investment Holdings Group: Shandong ishine shall acquire entire equity interests in yishui rongsheng new energy limited from vendors . Registered capital of target company is rmb20 million . Target co will actively carry out construction of associated power network, expected to be put into use for wind power generation in q1 2017 . Shandong ishine shall acquire entire equity interests in target company from vendors at a consideration of rmb20 million . Unit entered into an equity acquisition agreement with shandong lvxing modern agriculture limited .Expected that completion of acquisition will take place before 30 september 2016.  Full Article

China Zhongsheng Resources says Ishine International entered non-binding MOU
Wednesday, 10 Feb 2016 05:02pm EST 

China Zhongsheng Resources Holdings Ltd:Expected that upon completion of the proposed acquisition, Ishine International will cease to be a subsidiary of the company.Deal to acquire approximately 280 acres of farmland in regional Victoria,Australia.Non wholly-owned unit has entered into a non-binding memorandum of understanding.Deal consideration for proposed acquisition shall be satisfied by allotment and issue of consideration shares of Ishine International.  Full Article

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