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Amax International Holdings Ltd (0959.HK)

0959.HK on Hong Kong Stock

0.31HKD
17 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Amax International updates on placing of existing shares and top-up subscription of new shares
Thursday, 28 Sep 2017 08:03am EDT 

Sept 28 (Reuters) - Amax International Holdings Ltd <0959.HK>::Placing agent to act as agent for subscriber to place up to 30 million existing placing shares at placing price of HK$0.36 per placing share.Net proceeds from subscription will amount to about hk$10.30 million.  Full Article

Amax International says unit as purchaser enters sale and purchase agreement
Tuesday, 18 Jul 2017 08:46am EDT 

July 18 (Reuters) - Amax International Holdings Ltd <0959.HK>::Unit Digital Zone Global entered into sale and purchase agreement with Gorgeous Smart and New Sphere.Vendors have conditionally agreed to sell sale shares representing 100 pct of issued share capital of target co at consideration of HK$63.5 million.  Full Article

Amax international holdings says FY revenue HK$11.4 mln
Wednesday, 28 Jun 2017 08:40am EDT 

June 28 (Reuters) - Amax International Holdings Ltd <0959.HK>:FY revenue hk$11.4 million versus hk$10.5 million.‍Directors do not recommend payment of a dividend for year ended 31 March 2017​.FY loss attributable to owners of company hk$983.9 million versus loss of hk$43.1 million.  Full Article

Amax International updates on litigation in respect of an associate
Monday, 26 Jun 2017 06:57am EDT 

June 26 (Reuters) - Amax International Holdings Ltd <0959.HK>:Updates on litigation in respect of an associate.Rreceived a confirmation from its Macau lawyer that an application had been submitted by lawyer on behalf of co to court of Macau​.Board believes that if court order is granted, company would be able to get access to books and records of associate.Court order to appoint Ng Man Sun, chairman and chief executive officer of company, as administrator of associate.  Full Article

Amax International says group expects to record an increase in FY loss
Friday, 9 Jun 2017 06:03am EDT 

June 9 (Reuters) - Amax International Holdings Ltd <0959.HK> ::For year ended 31 March 2017, group is expected to record an obvious increase in loss.Expected result due to provision for impairment loss on amount of HK$63.6 million due from an associate of co.  Full Article

Amax International says it, subscriber and placing agent entered into placing and subscription agreement
Wednesday, 24 May 2017 05:42am EDT 

May 24 (Reuters) - Amax International Holdings Ltd <0959.HK>-:Subscriber, company and placing agent entered into placing and subscription agreement.Says net proceeds from subscription will be about hk$6.80 million.Subscriber agreed to place, through Sbi China Capital Financial Services up to 16 million placing shares at hk$0.43 per share.  Full Article

Amax International Holdings unit enters into acquisition agreement with vendor
Thursday, 16 Mar 2017 09:45am EDT 

Amax International Holdings Ltd <0959.HK>: Purchaser, a wholly- owned subsidiary of company, entered into acquisition agreement with vendor . Purchaser to purchase and vendor to sell mobile game apps at consideration of HK$27 million .Parties are an investments holdings company as vendor; and a wholly- owned subsidiary of company as purchaser.  Full Article

Amax International updates on disposal of equity interest in Le Rainbow Worldwide<0959.HK>
Friday, 27 May 2016 07:34am EDT 

Amax International Holdings Ltd <0959.HK>: Discloseable transaction - disposal of the entire equity interest in Le Rainbow Worldwide Limited <0959.HK> . Says company and the purchaser entered into the agreement .  Full Article

BRIEF-Amax International updates on litigation in respect of an associate

* Rreceived a confirmation from its Macau lawyer that an application had been submitted by lawyer on behalf of co to court of Macau​

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