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Xinhua News Media Swings to Loss in FY22
09:37 PM EDT, 06/26/2022 (MT Newswires) -- Xinhua News Media Holdings (HKG:0309) incurred a net attributable loss for fiscal year 2022 despite an increase in revenue. The company recorded a net attrib
Xinhua Communications Media (00309.HK): Xu Guoxing is appointed as a member of the Remuneration Committee
On June 24th, Xinhua Communications Media (00309.HK) announced that Xu Guoxing, co-chairman and executive director, was appointed as a member of the Remuneration Committee, effective June 24th, 2022.
Xinhua Communication Frequency Media (00309.HK) posted an annual net loss of HK $16.651 million
According to an announcement issued by Xinhua Communications Media (00309.HK) on June 24, 2022, the group's income for the year ended March 31, 2022, recorded HK $276 million, an increase of 11.38% over the previous year; the loss attributable to the owners of the company was HK $16.651 million; the profit attributable to the owners of the company in the same period last year was HK $20.938 million; the loss per share was HK $0.0093.
Xinhua Communications Media: (I) Annual results announcement for the year ended March 31, 2022 and (ii) membership changes of the Board Committee
Xinhua News Fails to Meet Fundraising Target; Lures $1 Million in Share Placement
04:00 AM EDT, 06/22/2022 (MT Newswires) -- Xinhua News Media Holdings (HKG:0309) raised HK$7.95 million ($1 million) from its recently concluded private placement of 126,200,000 shares at HK$0.063 eac
Xinhua Communications Media (00309) has completed the placement of 129 million shares and raised about HK $7.7316 million net.
Zhitong Financial App News, Xinhua Communications Media (00309) announced that all the conditions of the placing agreement have been reached, and the placement will be completed on June 21, 2022. In accordance with the terms and conditions of the placing Agreement, the placing Agent has successfully placed a total of 129 million placing shares to not less than six Placees at a placing price of HK $0.063 per placing share, equivalent to approximately 6.99% of the company's existing issued share capital prior to completion; and the issued share capital of the company expanded by the placing and issue of the placing shares immediately following the completion of the placing. The total amount of proceeds from the placement is 795.
Xinhua Communications Media (00309.HK) completes placement of 126.2 million shares with a total of HK $7.95 million
Gelonghui June 21, Xinhua Communications Media (00309.HK) announced that all the conditions of the placing agreement have been reached, and the placement was completed on June 21, 2022. The placing Agent has successfully placed a total of 126.2 million placing shares to not less than six Placees in accordance with the terms and conditions of the placing Agreement at a placing price of HK $0.063 per placing share. The total amount of proceeds from the placing is HK $7.9506 million, while the net proceeds from the placing is about HK $7.7316 million. The company intends to use the net proceeds as general working capital and future business machines.
Xinhua Communications Media (00309.HK) will hold a board meeting on June 24 to approve annual results.
00309.HK announced that the company will hold a board meeting on June 24, 2022 to consider and approve, among other things, the audited annual results of the company and its subsidiaries for the year ended March 31, 2022 and the proposed payment of final dividends (if any).
Xinhua Communication Frequency Media: notice of Board meeting
Xinhua News Media Seeks $3 Million in Private Placement; Shares Jump 8%
02:49 AM EDT, 06/01/2022 (MT Newswires) -- Xinhua News Media Holdings (HKG:0309) is looking to raise HK$22.7 million ($3 million) in a private placement, according to a Wednesday disclosure. The Chin
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