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Heng Xin China Holdings Ltd (8046.HK)

8046.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Heng Xin China announces legal action to recover refundable deposit
Friday, 24 Mar 2017 09:05am EDT 

Heng Xin China <8046.HK> : Legal Action To Recover Refundable Deposit . Board wishes to announce that deposit in sum of hk$36 million paid under mou has not yet been refunded to company by vendor .Refers to company's announcement dated 31 may 2016 regarding termination of mou.  Full Article

Heng Xin China updates on suspected misappropriation of funds in Shanxi Zhongze Heng Yuan Biological Technology
Thursday, 23 Feb 2017 08:28am EST 

Heng Xin China Holdings Ltd <8046.HK> : Update on suspected misappropriation of funds in Shanxi Zhongze Heng Yuan Biological Technology Company Limited . There is no evidence showing that this fund transfer was authorized or made known to board or board of directors of Beijing Kaiqiao at relevant time . "Company cannot rule out possibility that this fund transfer might have been conducted without proper authority of company or Beijing Kaiqiao" . Declared suspension of executive duties of relevant officers of group who are suspected to be involved in suspected misappropriation . Company has instructed its legal advisers to commence legal actions against suspected wrongdoers . Has demanded all the relevant officers to immediately hand out all company seals and chops and bank passwords . Special committee is not entirely convinced by the alleged explanations .Special committee discovered that misappropriated fund was subsequently transferred by first fund recipient to another PRC co.  Full Article

Heng Xin China appoints Chen Rongbin as CEO and Vice Chairman<8046.HK>
Thursday, 21 Jul 2016 07:04am EDT 

Heng Xin China Holdings Ltd <8046.HK>: ...more appointment of director, vice chairman and chief executive officer <8046.HK> . Chen Rongbin has been appointed as an executive director, a Vice Chairman and the Chief Executive Officer of the company .  Full Article

Heng Xin China says Lo Ka Wai tendered resignation as CFO<8046.HK>
Monday, 4 Jul 2016 07:41am EDT 

Heng Xin China Holdings Ltd <8046.HK>: Resignation of chief financial officer and authorized representative <8046.HK> . Lo Ka Wai has tendered his resignation as the chief financial officer of the company with effect from 30 June 2016 .  Full Article

Heng Xin China says Tan Xiangdong resigned as Executive Director, Vice Chairman and CEO<8046.HK>
Friday, 24 Jun 2016 10:26am EDT 

Heng Xin China Holdings Ltd <8046.HK>: Tan xiangdong has tendered his resignation as an executive director, a vice chairman and the chief executive officer .  Full Article

Heng Xin China Holdings updates on acquisition of JTI Securities Ltd<8046.HK>
Tuesday, 7 Jun 2016 10:30am EDT 

Heng Xin China Holdings Ltd <8046.HK>: Discloseable transaction - acquisition of the entire issued share capital of JTI Securities Limited <8046.HK> . Is expected that the final consideration for the deal shall not exceed hk$25 million . Unit, perfect capital global ltd (purchaser) and ace vantage investments ltd(vendor) entered into sale and purchase agreement .  Full Article

Heng Xin China Holdings updates on termination of MOU<8046.HK>
Tuesday, 31 May 2016 06:51am EDT 

Heng Xin China Holdings Ltd <8046.HK>: Termination of memorandum of understanding in respect of a possible acquisition <8046.HK> . Termination of the mou does not have any material impact on the operations and financial position of the group . Refers to mou between the company and Qu Yong Bo .  Full Article

Heng Xin China Holdings appoints Tan Xiangdong as CEO<8046.HK>
Tuesday, 24 May 2016 09:49am EDT 

Heng Xin China Holdings Ltd <8046.HK>: Appointment of Tan Xiangdong as executive director, a Vice Chairman and Chief Executive Officer of the company . Appointment of Hu Qixian as an executive director . Appointment of Chen Xi as an executive director .  Full Article

Heng Xin China Holdings Ltd says change in auditors
Friday, 18 Dec 2015 08:51am EST 

Heng Xin China Holdings Ltd:ZHONGHUI ANDA CPA Limited has been appointed as the new auditor of the Company.  Full Article

Heng Xin China Holdings says Rich Summit entered into agreement with the purchaser
Monday, 30 Nov 2015 05:10pm EST 

Heng Xin China Holdings Ltd:Rich summit entered into the agreement with the purchaser.Purchaser has agreed to purchase the sale share.Deal for in the amount of HK$44 million.Says it is expected that the company will record a book loss of approximately HK$145 million as a result of the disposal.Says rich summit has also agreed to execute the deed of waiver in favour of the target company.Rich Summit shall waive all of its rights and interest in net outstanding amount of loan owing by target co to rich summit as at completion date.  Full Article

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BRIEF-Heng Xin China announces legal action to recover refundable deposit

* Board wishes to announce that deposit in sum of hk$36 million paid under mou has not yet been refunded to company by vendor