China Kunda Technology Holdings Ltd (CKUN.SI) Key Developments | Reuters.com
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China Kunda Technology Holdings Ltd (CKUN.SI)

CKUN.SI on Stock Exchange of Singapore

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

China Kunda Technology Holdings Ltd's Beijing Baiju Automobile incorporates new subsidiary
Monday, 26 Oct 2015 06:52am EDT 

China Kunda Technology Holdings Ltd:Says its 57 pct owned subsidiary, Beijing Baiju Automobile Component Co established a new subsidiary Beijing Baiju Automobile Component Sales Co.The principal activities is sale of automobile components and automobile moulds.  Full Article

China Kunda Technology Holdings Ltd gives Q1 2016 outlook
Tuesday, 28 Jul 2015 07:57am EDT 

China Kunda Technology Holdings Ltd:Expects the revenue of Q1 2016 to be lower than Q1 2015.Gross profit for Q1 2016 is expected to be higher than Q1 2015 due to cost cutting measures and greater production efficiency.  Full Article

China Kunda Technology Holdings Ltd announces Memorandum Of Understanding in relation to a strategic business cooperation with Yang Jincheng
Monday, 11 May 2015 06:22am EDT 

China Kunda Technology Holdings Ltd:Has entered into a nonbinding Memorandum of Understanding (MOU) with Yang Jincheng (YJC) for strategic business cooperation and investment opportunity on 11 May.Says will hold more than 50 pct of the equity interest and ownership rights in all cooperation projects with YJC.  Full Article

China Kunda Technology Holdings Ltd proposes placement of ordinary shares
Tuesday, 31 Mar 2015 05:42am EDT 

China Kunda Technology Holdings Ltd:Enters into placement agreement at an issue price of S$0.0106 per placement share issuing an aggregate of 57,800,000 shares for an aggregate gross consideration of S$612,680.Says completion of proposed placement shall proceed independently, and shall not be conditional upon successful or concurrent completion by any other Place.Intends to use net proceeds for expansion in group’s business, involving either investment in new businesses or widening the Group’s current business activities or product range.Pending utilisation of net proceeds would be used for working capital purposes excluding its subsidiaries and/or placement in deposits and/or short term investments.  Full Article

China Kunda Technology Holdings Ltd announces termination of the sale and purchase agreement
Monday, 29 Sep 2014 05:32am EDT 

China Kunda Technology Holdings Ltd:Ang Kok Teong (the Offeror) refers to the pre-conditional mandatory cash offer announcement made on Sept. 05, in relation to a pre-conditional mandatory cash offer for all the issued and paid-up ordinary shares in China Kunda Technology Holdings Ltd.Says offeror further refers to the announcement dated Sept. 26 relating to the termination of the sale and purchase agreement and confirming that the offer will not be made.Says the termination of the sale and purchase agreement was due to the Offeror and one of the Vendors being unable to reach an agreement regarding an escrow agreement to be entered into by the relevant parties despite the best efforts of the various parties.Says parties were unable to agree on the details and mechanics of proving the minimum cash balance of the company for purpose of completion.  Full Article

China Kunda Technology Holdings Ltd declare no dividend
Friday, 8 Aug 2014 05:37am EDT 

China Kunda Technology Holdings Ltd:No dividend has been declared or recommended for financial period ended June 30, 2014.  Full Article

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