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Aurum Pacific China Group Ltd (8148.HK)

8148.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Aurum Pacific China expects to record increase in consol. net loss for FY 2016
Thursday, 2 Mar 2017 05:53am EST 

Aurum Pacific China Group Ltd <8148.HK> : Group is expected to record a substantial increase in unaudited consolidated net loss for year ended 31 december 2016 .Expected increase in net loss was due to reclassification of cumulative exchange reserve of approximately HK$7 .4 million.  Full Article

Aurum Pacific China Group updates on MOU
Wednesday, 30 Nov 2016 09:08am EST 

Aurum Pacific China Group <8148.HK>: Mooff games limited, a subsidiary of company, entered into mou with association .Pursuant to deal parties shall cooperate and form a strategic alliance in development and promotion of electronic games.  Full Article

Aurum Pacific China's unit enters into agreement with Idea Guru
Friday, 25 Nov 2016 09:30am EST 

Aurum Pacific China Group Ltd <8148.HK> : Vendor, a wholly-owned subsidiary of company, and purchaser entered into agreement . Unit agreed to sell to Idea Guru entire issued share capital in Kanhan Educational Services Limited . Deal for consideration of HK$5 million in cash .Group is expected to recognise a gain of approximately HK$440,000 from disposal.  Full Article

Aurum Pacific China issues profit warning
Friday, 4 Nov 2016 06:40am EDT 

Aurum Pacific China Group Ltd <8148.HK> : Expected to record a substantial increase in unaudited consolidated net loss for nine months ended 30 september 2016 .Expected increase in unaudited consolidated net loss attributable to reclassification of cumulative exchange reserve.  Full Article

Aurum Pacific China says unit to buy 60% interest in First Surplus Investments<8148.HK>
Monday, 8 Aug 2016 06:13pm EDT 

Aurum Pacific China Group Ltd <8148.HK>: Major transaction in relation to the acquisition of 60% equity interest in First Surplus Investments Limited involving the issue of the promissory note <8148.HK> . Consideration payable by the purchaser to the vendors pursuant to the agreement is hk$150 million . Says purchaser, the vendors and the guarantor entered into the agreement .  Full Article

Aurum Pacific China Group issues profit warning<8148.HK>
Friday, 5 Aug 2016 09:59am EDT 

Aurum Pacific China Group Ltd <8148.HK>: Pacific-profit warning <8148.HK> . The group is expected to record a substantial increase in the HY unaudited consolidated net loss . Expected result due to possible reclassification of cumulative exchange reserve of approximately HK$7 million from equity to profit or loss .  Full Article

Aurum Pacific announces termination of MOU in relation to a proposed acquisition<8148.HK>
Tuesday, 19 Jul 2016 08:15am EDT 

Aurum Pacific China Group Ltd <8148.HK>: Termination of memorandum of understanding in relation to a proposed acquisition <8148.HK> . Says MOU was terminated upon expiry of the exclusive period . Refers to announcement dated 20 January 2016 regarding the mou in relation to the acquisition .  Full Article

Aurum Pacific China entered MOU with Stars Ventures Limited<8148.HK>
Tuesday, 21 Jun 2016 09:28am EDT 

Aurum Pacific China Group Ltd <8148.HK>: Memorandum of understanding in relation to a proposed acquisition and discloseable transaction in relation to granting of a loan . Says lender has agreed to grant a loan of hk$30 million to the vendor for a term of 6 months .Company entered into the mou with stars ventures limited.  Full Article

Aurum Pacific China enters into agreement to acquire Viva Star International<8148.HK>
Wednesday, 11 May 2016 10:56am EDT 

Aurum Pacific China Group Ltd <8148.HK>: Discloseable transaction - acquisiton of viva star international limited <8148.HK> . Deal for total consideration of approximately hk$26.97 million . Purchaser and the vendor entered into the agreement . Total consideration to be settled by cash . Purchaser has agreed to acquire the sale shares and the sale loan in the target company .  Full Article

Aurum Pacific (China) Group Ltd issues FY 2015 profit warning
Thursday, 10 Mar 2016 07:26am EST 

Aurum Pacific (China) Group Ltd:Group for year ended 31 December 2015 expected to record a loss attributable to the shareholders in range of about hk$20 million to hk$23 million.Says aforesaid loss was mainly attributable to the increase in administrative expenses.  Full Article

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BRIEF-Aurum Pacific China expects to record increase in consol. net loss for FY 2016

* Group is expected to record a substantial increase in unaudited consolidated net loss for year ended 31 december 2016

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