01130 CHINA ENV RES
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CHINA ENV RES News
China Environmental Resources (01130.HK) cuts 1,955 billion shares due to share consolidation on a “5 and 1” basis
China Environmental Resources (01130.HK) announced that on April 9, 2024, the company will cut 1,955 billion shares due to a share consolidation on a “5 and 1” basis.
CHINA ENV RES To Carry Out 1-for-5 Reverse Stock Split On April 9th, 2024
April 8th - $CHINA ENV RES(01130.HK)$ is about to implement a 1-for-5 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from April 9th, 2024.$CHINA ENV RES(01130.H
Express News | China Environmental Resources: The share merger will take effect on April 9
China Environmental Resources' Unit Further Extends Deadline of Major Acquisition
China Environmental Resources Group (HKG:1130) unit Wide World Inc. has extended the long-stop date for a potential acquisition by six more months, according to a Thursday filing on the Hong Kong bou
CHINA ENV RES: Interim Report 2023-24
China Environmental Resources (01130.HK) received an OTC share increase of 300 million shares worth approximately HK$11.98 million from Ocean Line Holdings Limited
On March 11, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 11, Ocean Line Holdings Limited increased its OTC share holdings of $China Environmental Resources (01130.HK) by $300 million at an average price of HK$0.04 per share on March 6, worth approximately HK$11.98 million. After the increase in holdings, Ocean Line Holdings Limited's latest shareholding was 300 million shares, and the good position ratio increased from 0.00% to 12.30%. This transaction involves other related parties: Zhang Huifeng and Gui Sihai. Picture source:
China Environmental Resources Completes Placement of 407.3 Million New Shares
China Environmental Resources (HKG:1130) completed the placing of 403,307,622 shares at a placing price of HK$0.04 per share, according to a company filing with the Hong Kong Stock Exchange on Wednesd
China Environmental Resources Raises HK$16.3 Million From Share Placement
China Environmental Resources Group (SGX:RS1, HKG:1130) has completed the placing of around 407.3 million shares to at least six investors to raise net proceeds of roughly HK$15.8 million, a filing po
China Environmental Resources (01130.HK) plans to consolidate shares according to the “5 and 1” basis
Gelonghui, Feb. 29, 丨 China Environmental Resources (01130.HK) announced that the board of directors proposed a share merger. The basis is the merger of issued and unissued existing shares with a face value of HK$0.02 per five (5) shares into one (1) consolidated share with a face value of HK$0.1 per share. Stock consolidation is subject to approval by shareholders (including) at the Extraordinary General Meeting of Shareholders before it can actually take place. On the date of announcement, the trading unit for each lot of existing shares traded on the Stock Exchange was 4,000 existing shares. The board of directors recommended that after the share merger comes into effect, the trading unit for each lot traded on the Stock Exchange will be changed from 4,000 shares to 20,
China Environmental Resources (01130) announced interim results. Loss attributable to shareholders of HK$460.91 million increased by 1517.8% year-on-year
China Environmental Resources (01130) announced interim results for the six months ended December 31, 2023. The group...
CHINA ENV RES: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 31 DECEMBER 2023
Car companies' price war continued after the Spring Festival, Xiaopeng led the decline in the auto sector
① Why are auto stocks adjusted again today? ② How does the market view the 2024 car companies' price war?
China Environmental Resources to Widen Loss in July-December 2023
China Environmental Resources Group (SGX:RS1, HKG:1130) expects a loss of at least HK$40 million for the six months ended Dec. 31, 2023, up from HK$2.3 million during the year-ago period. The metal re
China Environmental Resources (01130.HK) issued profit warning
On February 19, China Environmental Resources (01130.HK) announced that the Group's unaudited consolidated loss for the six months ended December 31, 2023 is expected to increase to no less than HK$40 million compared to the loss of approximately HK$2.24 million for the same period in 2022. The Board believes that the increase was due to the combined impact of the following matters during the period: (i) the reduction in other income to approximately HK$1.3 million; (ii) the fair value loss of investment properties was approximately HK$11.4 million; (iii) the loss due to changes in the fair value of biological assets minus the cost of sale was approximately HK$30.4 million; and (i)
China Environmental Resources Seeks HK$16 Million From Share Placement
China Environmental Resources Group (SGX:RS1, HKG:1130) is targeting to raise up to HK$15.8 million in net proceeds from a private placement of shares. The metal recycling company intends to issue 407
China Environmental Resources (01130.HK) plans to sell up to 407 million shares at a discount of about 7.0%
Gelonghui, Feb. 16, 丨 China Environmental Resources (01130.HK) announced that on February 16, 2024, the placement agent entered into a placement agreement with the company. According to this, the company plans to place up to 407 million shares, which is equivalent to 20.00% of the company's existing issued shares; and to expand 16.67% of the issued share capital through allotments. The placement price is HK$0.04 per share, a discount of approximately 7.0% from the closing price of HK$0.043 per share reported on the Stock Exchange on the date of the placement agreement. It is anticipated that the total proceeds from the placement and the maximum net proceeds will be approximately HK$16.3 million and approximately
China Environmental Resources (01130.HK) appoints Li Zhihao as independent non-executive director
Glonghui December 5 | China Environmental Resources (01130.HK) announced that Li Zhihao has been appointed as the company's independent non-executive director, chairman of the audit committee, and member of the remuneration committee and nomination committee respectively, effective from December 5, 2023. It was announced on the same day that, with effect from December 5, 2023, the membership of the Board Committee has changed as follows: (i) Yeung Chi-hang, the current Executive Director and Chairman of the Board of Directors, will no longer be a member of the Remuneration Committee and the Nomination Committee; and (ii) Lee Chi-ho has been appointed as the Chairman of the Audit Committee and a member of the Remuneration Committee and the Nomination Committee respectively.
CHINA ENV RES: 2023 ANNUAL REPORT
China Environmental Resources Further Extends Negotiations for Potential Stake Acquisition
China Environmental Resources Group (SGX:RS1, HKG:1130) agreed to further extend negotiations for a potential acquisition of a 51% stake in a Hong Kong-based motorcycle dealer for six more months, the
China Environmental Resources Doubles Loss in Fiscal Year 2023
China Environmental Resources Group (SGX:RS1, HKG:1130) recorded a rise in attributable loss for the year ended June 30 to HK$35.1 million from HK$16.7 million during the year-ago period. Diluted loss
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