02448 SPACE GROUP
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SPACE GROUP News
Hengyu Group (02448.HK): Consolidated shares under “20 and 1”
On May 7, Ge Longhui Group (02448.HK) announced that on May 7, 2024, each 20 issued and unissued common shares with a face value of HK$0.01 per share will be merged into 1 consolidated share with a face value of HK$0.2 per share, reducing the number of shares by approximately 1,103 million shares.
恆宇集團：年報2023
Hengyu Group (02448) announces annual results, profit attributable to shareholders of MOP 126 million, year-on-year profit and loss
Hengyu Group (02448) announced its annual results for the year ended December 31, 2023. The group made profits during the period...
SPACE GROUP: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Space Group Warns of 2023 Loss
Space Group (HKG:2448) expects an attributable loss to the owners of 126.3 million Macanese pataca for the year ended Dec. 31, 2023, versus a profit of 21.5 million pataca in 2022, according to a fili
Hengyu Group (02448.HK) Profit Alert: Owners' losses are expected to be no less than AUD126 million in 2023
Gelonghui, March 26, 丨 Hengyu Group (02448.HK) announced that the Group is expected to record a loss attributable to the company owner of not less than MOP 126 million for the year ended December 31, 2023, while for the year ended December 31, 2022 (the “previous year”), profit attributable to the company owner was approximately MOP 21.5 million. This shift from profit to loss was mainly due to reduced earnings. The Group's revenue for the year decreased by about 40% to 45% compared to the previous year, or about MOP 260 million to MOP 286 million, and the overall gross profit for the year decreased by about 48% to 52% compared to the previous year
SPACE GROUP: PROFIT WARNING
Winding-Up Petition Against Space Group Adjourned Further; Shares Down 8%
A winding-up petition lodged against Space Group Holdings (HKG:2448) has been adjourned further to May 13, a Monday filing on the Hong Kong bourse said. The construction company was hit with the petit
Hengyu Group (02448): The hearing of the winding-up petition was further adjourned until May 13
According to the Zhitong Finance App, Hengyu Group (02448) issued an announcement. The hearing of the petition has been further postponed until May 13, 2024.
SPACE GROUP To Carry Out 1-for-20 Reverse Stock Split On May 7th, 2024
March 25th - $SPACE GROUP(02448.HK)$ is about to implement a 1-for-20 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from May 7th, 2024.$SPACE GROUP(02448.HK)$
Space Group to Sell 61% Stake in Financial Company for HK$4.6 Million
Space Group Holdings (HKG:2448) unit Space Construction (BVI) agreed to sell a 61.4% stake in its subsidiary, Space Financial, for HK$4.6 million, according to a Friday Hong Kong bourse filing. The co
Hengyu Group (02448.HK) plans to sell 66 million shares of Hengyu Financial Holdings for HK$4.6 million
Gelonghui, March 22, 丨 Hengyu Group (02448.HK) announced that on March 22, 2024, Space Construction (BVI) Limited (a wholly-owned subsidiary of the company, as the seller) entered into a sale agreement with the buyer. According to this, the seller has agreed to sell and the buyer has agreed to buy the sale shares (66 million shares of Hengyu Financial Holdings) at a cost of HK$4.6 million. Hengyu Financial Holdings is a holding company of its subsidiaries. It is mainly engaged in providing financial services and holds Class 1 (Securities Trading) and Class 4 (Securities Trading) in accordance with the Securities and Futures Ordinance (Securities and Futures Ordinance)
Hengyu Group (02448.HK) will hold a board meeting on March 28 to approve the annual results
Gelonghui, March 18, 丨 Hengyu Group (02448.HK) announced that the company will hold a board meeting on March 28, 2024 to consider and approve the annual results and publication of the company and its subsidiaries for the year ended December 31, 2023, and consider recommending payment of a final dividend (if any).
Hengyu Group (02448) plans to increase authorized share capital and share consolidation
Zhitong Finance App News, Hengyu Group (02448) issued an announcement. In order to adapt to the Group's future expansion and growth, the board of directors proposed increasing the company's current authorized share capital from HK$20 million, divided into 2 billion existing shares with a face value of HK$0.01 per share to HK$100 million, and divided into 10 billion existing shares with a face value of HK$0.01 per share (or 500 million consolidated shares after the share merger came into effect). The board of directors proposed a share consolidation proposal to shareholders, which involved merging the issued and unissued existing shares with a face value of HK$0.01 per 20 shares into a consolidated share with a face value of HK$0.20 per share.
Hengyu Group (02448.HK) plans to sell shares according to “1 for 4” after the “20 in 1” merger
Gelonghui, March 1 | Hengyu Group (02448.HK) announced that the board of directors proposed a share consolidation proposal to shareholders, involving merging the issued and unissued existing shares with a face value of HK$0.01 per twenty (20) shares into one (1) consolidated share with a face value of HK$0.20 per share. Stock mergers are subject to approval by shareholders (including) in the form of an ordinary resolution at the special shareholders' meeting before they can actually be implemented. Currently, shares are traded on the Stock Exchange with 2,500 shares per trading unit. After the share merger comes into effect, the trading unit for each lot of consolidated shares will still be 2,500 consolidated shares.
Winding-Up Petition Hearing Against Space Group Further Adjourned
A winding-up petition hearing against Space Group Holdings (HKG:2448) has been further adjourned to March 25, a Monday filing said. The construction company was hit with the petition in September 2023
Hengyu Group (02448): The hearing of the petition has been further adjourned until March 25
According to the Zhitong Finance App, Hengyu Group (02448) issued an announcement relating to matters relating to the winding-up petition filed by Wong Ping-chen (petitioner) against the company. The hearing of the petition has been further adjourned until March 25, 2024.
Hengyu Group (02448.HK) appoints Gao Ling as auditor
Gelonghui, January 15, 丨 Hengyu Group (02448.HK) announced that due to the company's failure to reach an agreement with Xinyong Zhonghe (Hong Kong) Certified Public Accountants Limited on the audit fee for the financial year ending December 31, 2023, Xinyong Zhonghe has resigned as the company's auditor, with effect from January 15, 2024. As recommended by the Company Audit Committee, Kaolin Accountants Limited has been appointed as the company's auditor with effect from January 15, 2024, and will serve until the end of the next annual general meeting of shareholders of the company.
Winding-Up Petition Hearing Against Space Group Adjourned to February 2024; Shares Drop 4%
A winding-up petition hearing against construction company Space Group Holdings (HKG:2448) was adjourned to Feb. 14, 2024. Huang Bingchen, the petitioner, requested the adjournment of the hearing, acc
Hengyu Group (02448.HK): Hearing of winding-up petition further postponed
Glonghui December 20 | Hengyu Group (02448.HK) announced that in response to the petitioner's request, the hearing on the petition has been further postponed until February 14, 2024.
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