kingwell group ltd (1195:Hong Kong)
Transactions by KINGWELL GROUP LTD (1195) in the last 6 months
Kingwell Group Limited (SEHK:1195) entered into a sale and purchase agreement to sell Superford Holding Limited on August 27, 2014. The proceeds from the disposal would be used for general working capital of Kingwell Group Limited. The deal is subject to approval of the shareholders of Kingwell Group Limited and the applicable laws and regulations. The transaction is expected to close on fifth business day after satisfaction of conditions. Kingwell Group updated that ...
Kingwell Group Limited (SEHK:1195) entered into the letter of intent to acquire Shanghai Xingdi Inter Satellite Navigation Limited from Shanghai Xinbo Investment Limited and Shanghai Gongxie Jingmao Development Limited for approximately HKD 340 million on August 26, 2014. As a part of consideration, Kingwell Group will issue 375 million shares at HKD 0.9 per share. The deal is subject to satisfaction on due diligence of Shanghai Beidou, finalisation of negotiations and ...
Shanghai Xinbo Investment Limited
Kingwell Group Limited (SEHK:1195) entered into the letter of intent to acquire 51% stake in Beidou New Application Technology Co., Ltd on June 10, 2014. Yu Ming Investment Management Ltd. acted as financial advisor for Kingwell Group.
Kingwell Group Limited (SEHK:1195) announced a private placement of 430,000,000 warrants at HKD 0.01 per warrant for gross proceeds of HKD 4,300,000 on May 9, 2014. The company will issue the warrants to six investors. As part of the transaction, Wang Bin and Tse Tai Wing will subscribe for 100,000,000 warrants each, Zhou Jing will subscribe for 80,000,000 warrants, Fang Dan will subscribe for 60,000,000 warrants, Liu Huan will subscribe for 50,000,000 warrants, and ...
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