United States

CRED Holding Co Ltd (600890.SS)

600890.SS on Shanghai Stock Exchange

14 Feb 2018
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Latest Key Developments (Source: Significant Developments)

CRED Holding says unfreeze of 5.2 pct stake
Friday, 20 Oct 2017 07:28am EDT 

Oct 20(Reuters) - CRED Holding Co Ltd <600890.SS>:Says 5.2 percent stake held by co's second biggest shareholder, a Tianjin-based firm, were unfrozen by court on Oct. 17.  Full Article

Cred Holding sells 45 pct stake in real estate development firm
Wednesday, 16 Nov 2016 03:31am EST 

Cred Holding Co Ltd <600890.SS>: Says it sold 45 percent stake in Xuzhou-based real estate development firm for 95 million yuan .Says it holds no stake in the target firm after selling.  Full Article

Cred Holding appoints Zhu Lei as chairman
Tuesday, 28 Jun 2016 10:49pm EDT 

Cred Holding Co., Ltd. <600890.SS>:Says it appoints Zhu Lei as chairman of the company.  Full Article

Cred Holding to set up industry merger and acquisition fund
Tuesday, 22 Mar 2016 08:00pm EDT 

Cred Holding Co Ltd:To invest 50 mln yuan to set up Industry merger and acquisition fund with Shanghai-based asset management company.The initial fund size of 500 mln yuan.  Full Article

Cred Holding announces asset swap
Tuesday, 22 Mar 2016 08:00pm EDT 

Cred Holding Co Ltd:Says it will transfer 100 pct stake in Xianjiang-based real estate company in exchange for 100 pct stake in Liaoning Zhongwang group owned by Liangning-based investment company.Says the discrete value of the intake asset is 28,200 mln yuan and that of the divesting asset is 200 mln yuan.Says the company will issue about 3,932,584,300 new shares at the price of 7.12 yuan per share to Liangning-based investment company to compensate for the price difference of intake asset and divesting asset.Says it will raise 5 bln yuan through private placement of up to 702,247,200 new shares, at the price of 7.12 yuan per share.  Full Article

BRIEF-Cred Holding to swing to profit in FY 2017

* Sees to swing to net profit at 8 million yuan in FY 2017 versus net loss at 42 million yuan in FY 2016

No consensus analysis data available.