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Wealth Glory Holdings Ltd (8269.HK)

8269.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Wealth Glory Holdings says Hong Sze Lung resigns as an chairman and CEO
Friday, 30 Dec 2016 10:00am EST 

Wealth Glory Holdings Ltd <8269.HK> :Hong Sze Lung has tendered his resignation as an executive director, chairman of board and chief executive officer.  Full Article

Wealth Glory applies for resumption of trading
Thursday, 13 Oct 2016 08:48am EDT 

Wealth Glory Holdings Ltd <8269.HK> : application has been made to stock exchange for resumption of trading of shares on gem with effect from 9:00 a.m. On 14 october 2016 . Reference is made to announcement of company dated 11 october in relation to investigation .Claries that representation made by officer was not officially made by ICAC.  Full Article

Wealth Glory says independent commission against corruption conducted search at co's premises
Tuesday, 11 Oct 2016 06:05pm EDT 

Wealth Glory Holdings Ltd : On 11 october 2016, independent commission against corruption of Hong Kong conducted a search at premises . Investigation has no material adverse impact to group and business and operations of group remain normal . Application has been made to stock exchange for resumption of trading of shares on GEM with effect from 9:00 a.m. on 12 October 2016 . Company provided certain records and agreements for purpose of an ICAC investigation . Neither company itself nor any director or staff member of company is subject of investigation .Save as disclosed above, board is not aware of any other unpublished inside information.  Full Article

Wealth Glory says Dong Bo Frederic intends to make offer to acquire co<8269.HK>
Friday, 12 Aug 2016 10:24am EDT 

Wealth Glory Holdings Ltd <8269.HK>: Offeror intends to make offers through Kingston securities, to acquire all issued shares and all outstanding warrants and to cancel all outstanding options . Deal for for each offer share hk$0.042 in cash . Value of the share offer and the warrant offer are hk$168.8 million and hk$130,000 respectively .  Full Article

Wealth Glory updates on MOU in relation to possible acquisition of Luduson Entertainment<8269.HK>
Friday, 5 Aug 2016 10:32am EDT 

Wealth Glory Holdings Ltd <8269.HK>: Memorandum of understanding in relation to the possible acquisition of 100% equity interests in Luduson Entertainment Limited . Company and the vendor entered into the mou in relation to the possible acquisition of 100% equity interests in the target company . Consideration for acquisition expected to be satisfied by company by way of cash or allotment and issuance of new shares or issuance of convertible bonds .  Full Article

Wealth Glory Holdings issues profit warning<8269.HK>
Thursday, 4 Aug 2016 10:10am EDT 

Wealth Glory Holdings Ltd <8269.HK>: Profit warning <8269.HK> . Says group is expected to record a loss for its unaudited financial results for the three months ended 30 June 2016 . Expected turn from profit to a loss was mainly attributable to a net loss from change in fair value of held-for-trading investments .  Full Article

Wealth Glory Holdings appoints Wong Sze Lung as chairman<8269.HK>
Wednesday, 3 Aug 2016 06:14pm EDT 

Wealth Glory Holdings Ltd <8269.HK>: Wong Ka Wah Albert retired as an executive director . Wong Sze Lung, an executive director, has been appointed as the chairman of the board . Kwong Yuk Lap retired as an executive director .Wong Ka Wah Albert ceased to be the chairman of the board.  Full Article

Wealth Glory Holdings Ltd announces placing of new shares under general mandate
Monday, 13 Apr 2015 07:11am EDT 

Wealth Glory Holdings Ltd:Says placing agreement with placing agent.Placing shares comprising up to an aggregate of 162,000,000 new shares at placing price of HK$0.21 per placing share on behalf of company to not less than six placees who and whose ultimate beneficial owners are independent third parties.Placing Shares represent about 7.58 pct of existing issued share capital of company as at date of placing agreement and about 7.05 pct of issued share capital of company as enlarged by allotment and issue of placing shares.Gross proceeds of placing will amount to about HK$34.0 mln and net proceeds receivable by company under placing are estimated to be about HK$33.3 mln after deducting relevant expenses incurred in relation to placing.It is presently expected that net proceeds will be applied for general working capital of company and settlement of certain liabilities of company.  Full Article

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BRIEF-Wealth Glory Holdings proposes to revise share consolidation

* Proposes to revise share consolidation to every 6 existing issued and unissued share be consolidated into 1 consolidated share of hk$0.06

No consensus analysis data available.