Apparel & Accessories
Van de Velde NV
Addchance Holdings Ltd <3344.HK>: Unit and vendor entered into sale and purchase agreement . Unit agreed to purchase and vendor agreed to sell sale interest and sale loan for a total consideration of up to maximum of HK$20.4 million . Vendor being Shenzhen Finance Investment Services Co. . Vendor warranted that after-tax net profit of target for year ending 31 december 2017 shall be not less than HK$10 million .Target being Shenzhen Eastone Data Technology Co.
Addchance Holdings Ltd <3344.HK> : Entered into sale and purchase agreement . Agreement for an aggregate consideration of HK$1 million . Vendor agreed to sell and purchaser purchase entire registered capital in Zjg Addchance Dyeing and in Zjg Addchance Spinnery .Purchaser is Shenzhen Sibao Cultural Development; Addchance Limited is the vendor.
L & A International Holdings Ltd <8195.HK>: Received a writ of summons dated 3 January 2017 filed by Kim Sungho as plaintiff . Pursuant to claims generally indorsed on writ, plaintiff sought, inter alia, for a declaration against Strong Light . Declaration against strong light that Strong Light and its parties acting in concert has accumulated over 30% of outstanding shares in co . Writ of summons against Strong Light Investments, FP Sino-Rich Securities & Futures, Yu Ming Investment Management Company, and co as defendants .Declaration against FP and Yu Ming that FP purposefully ill advised assisting co in its multi-layer marketing scheme.
Eminence Entreprise <0616.HK>: Group disposed on-market of total of 3.5 million CCB shares conducted on 30 dec 2016, at an average price of HK$5.91 per CCB share . Gross sale proceeds of disposal is approximately HK$20.6 million, which is receivable in cash on settlement .As a result of disposal, group is expected to recognize a gain of approximately HK$3.1 million.
Deacons (East Africa) Plc
Casa Damiani SpA
Shanghai Dragon <600630.SS>: Sees net profit for 2016 down 55 percent .Says the net profit of 2015 was 80.9 million yuan.