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Asian Citrus' Agreement to Create JV Firm Falls Through
Cheer Kind, a unit of Asian Citrus Holdings (HKG:0073), and Shenzhen Xili Technology have terminated an agreement to set up a joint venture company, a Thursday filing on the Hong Kong bourse stated. T
MT Newswires11minutes ago
Asian fruit industry: Joint venture partners decide to terminate proposed activities under the joint venture agreement
Asia Fruit Industry (00073) issued an announcement on matters relating to the conclusion of a joint venture agreement between Cheer Kind, a wholly-owned subsidiary of the company, and a joint venture partner. According to the joint venture agreement, the joint venture company will engage in used car brokerage and trading business in China. Due to internal reasons and the joint venture's initial plans have not yet been implemented, the joint venture partners decided to terminate the proposed activities under the joint venture agreement. Cheer Kind and the joint venture partner entered into a termination agreement on April 18, 2024. The two parties mutually agreed to terminate the joint venture agreement (termination) and release and cancel their respective responsibilities, effective from the date of termination of the agreement.
新浪港股19:58 ET
Asia Fruit Industry (00073): Joint venture partners decide to terminate proposed activities under the joint venture agreement
Asia Fruit Industry (00073) issued an announcement regarding Cheer Kind, a wholly-owned subsidiary of the company, and a joint venture...
Zhitong FinanceApr 18 09:59 ET
Cheer Kind, a subsidiary of Asia Fruit Industry (00073.HK), terminated the establishment of a joint venture
Gelonghui, April 18 | Asia Fruit Industry (00073.HK) announced a discloseable transaction relating to a joint venture agreement between Cheer Kind, a wholly-owned subsidiary of the company, and a joint venture partner. Due to internal reasons and the joint venture's initial plans have not yet been implemented, the joint venture partners decided to terminate the proposed activities under the joint venture agreement. Cheer Kind and the joint venture partner entered into a termination agreement on April 18, 2024. According to this, the two parties mutually agreed to terminate the joint venture agreement and release and cancel their respective responsibilities, effective from the date of termination of the agreement.
Gelonghui FinanceApr 18 09:58 ET
Some Asian Citrus Holdings Limited (HKG:73) Shareholders Look For Exit As Shares Take 27% Pounding
The Asian Citrus Holdings Limited (HKG:73) share price has fared very poorly over the last month, falling by a substantial 27%. The recent drop completes a disastrous twelve months for shareholders
Simply Wall StApr 17 18:05 ET
ASIAN CITRUS: 2023/24 INTERIM REPORT
Futu NewsMar 27 05:08 ET · Announcements
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