Kin Yat Delays Dispatch of Scheme Document for Privatization Offer
Kin Yat Holdings (HKG:0638) has delayed the dispatch of a scheme document related to a privatization offer to on or before July 15 as it needs additional time to finalize certain information, a Wednes
Jianyi Group (00638.HK) appoints Ligao Enterprise as independent financial advisor
On May 6, Ge Longhui Group (00638.HK) announced that Ligao Enterprise Finance Co., Ltd. (a licensed corporation capable of engaging in Type 6 (advising on institutional financing) regulated activities under the Securities and Futures Ordinance) has been appointed as an independent financial advisor to provide advice to the Independent Board Committee on the proposal.
Kin Yat Shares Surge 22% After Resumption of Trading, Announcement of Takeover Bid by Investment Company
Kin Yat Holdings' (HKG:0638) shares surged 22% Thursday afternoon hours after resuming trading on the Hong Kong Stock Exchange. The electrical and electronic products manufacturer halted the trading o
Changes in Hong Kong stocks | Jianyi Group (00638) resumed trading more than 25% and received a 33.3% privatization premium from the chairman
Jianyi Group (00638) resumed trading more than 25% higher. As of press release, it rose 25.93% to HK$0.68, with a turnover of HK$134,600.
Jianyi Group (00638.HK) resumed trading this morning
On April 18, Ge Longhui Group (00638.HK) announced that trading of the company's shares will resume at 9:00 a.m. today (18/4/2024).
Jianyi Group (00638) received a premium of about 33.3% from Resplendent Global and resumed trading on April 18
Zhitong Finance App News, Jianyi Group (00638) and the offender Resplendent Global Limited jointly announced that on March 27, 2024, the offeror requested the board of directors to make this proposal to the planned shareholders to privatize the company through an agreement arrangement in accordance with section 99 of the Company Law. The plan requires cancellation of plan shares in exchange for payment of HK$0.72 (i.e. cancellation price) in cash to plan shareholders for each plan share, a premium of approximately 33.3% over the closing price of HK$0.54 per share on March 27. Awarded under the share option scheme on the date of this joint announcement
Jianyi Group (00638.HK): RESPLENDENT GLOBAL proposes that RESPLENDENT GLOBAL privatize the company through an agreement arrangement
Gleneagles Group (00638.HK) issued an announcement on March 27, 2024. On March 27, 2024, the offender (i.e. Resplendent Global Limited, a limited company incorporated in the British Virgin Islands) requested the board of directors to submit the proposal to the plan shareholders (registered holders of the planned shares on the record date) (the offeror's proposal to privatize the company through the plan and share option offer in accordance with the terms and conditions set out in the plan documents) to privatize the company through an agreement arrangement in accordance with section 99 of the Company Law. The plan will stipulate plan shares (other than the offender and public)
Jianyi Group (00638) suspended trading for a short time from March 28
Jianyi Group (00638) announced that the company's shares will be temporarily suspended from 9:00 a.m. on March 28, 2024...
KIN YAT HOLD: INTERIM REPORT 2023/2024
Kin Yat Holdings Returns to Profit in Fiscal H1
Kin Yat Holdings (HKG:0638) returned to a profit of HK$36.7 million, or HK$0.0837 per share, in the fiscal first half, from a loss of HK$155.6 million, or HK$0.3545 per share, in the year-ago period,
KIN YAT HOLD: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023
Kin Yat: Absence of One-Off Write-Down Seen Last Year Supported Results
Kin Yat: Absence of One-Off Write-Down Seen Last Year Supported Results
Kin Yat Had Posted a Loss of HK$156.0M in 1H of Last Fiscal Year
Kin Yat Had Posted a Loss of HK$156.0M in 1H of Last Fiscal Year
Kin Yat Expects to Swing to Profit for 1H Ended September
Kin Yat Expects to Swing to Profit for 1H Ended September
Kin Yat: 1H Profit Likely Between HK$33.0M to HK$38.0M
Kin Yat: 1H Profit Likely Between HK$33.0M to HK$38.0M
Jianyi Group (00638.HK) Profitability: Expected profit attributable to equity holders in the medium term is HK$33 million to HK$38 million
Gelonghui November 17丨Jianyi Group (00638.HK) announced that the company expects the company to record profits of HK$33 million to HK$38 million due to corporate equity holders in the 6 months ending September 30, 2023 (“first half of FY2024”), compared to the company's equity holders that have recorded in the 6 months ending September 30, 2022 (“first half of FY2023”), which should account for about HK$156 million in unaudited comprehensive losses.
KIN YAT HOLD: POSITIVE PROFIT ALERT
KIN YAT HOLD: ANNUAL REPORT 2022/2023
Jianyi Group (00638.HK)'s annual corporate equity holders should account for a loss of HK$294 million
GLONGHUI, June 30丨Jianyi Group (00638.HK) announced that for the year ending March 31, 2023, achieved revenue of HK$1.21 billion, a year-on-year decrease of 47.78%; gross profit before impairment of HK$127 million, a year-on-year decrease of 48.41%; corporate equity holders should account for a loss of HK$294 million; the basic loss per share was HK$56.858 million; basic loss per share was HK$67.01 cents. The announcement stated that in order to cope with the impact of the decline in classification orders in the overall manufacturing business, the Group quickly streamlined its operations to maintain operational efficiency and profit margins. In this year,
KIN YAT HOLD: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 2023
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