Investors Appear Satisfied With International Business Settlement Holdings Limited's (HKG:147) Prospects As Shares Rocket 44%

The International Business Settlement Holdings Limited (HKG:147) share price has done very well over the last month, posting an excellent gain of 44%. Notwithstanding the latest gain, the annual sh

Simply Wall StApr 7 20:16 ET

International Business Settlement Unit Forms JV For Digital Logistics Platform in China

International Business Settlement Holdings (HKG:0147) subsidiary, New Plan, will form a joint venture with two Chinese individuals to establish a digital logistics platform in Fuzhou City, China, acco

MT NewswiresMar 25 01:36 ET

International Commercial Settlement (00147.HK) plans to establish a joint venture to engage in digital logistics services

Gelonghui, March 22 | International Commercial Settlement (00147.HK) announced that on March 22, 2024, Xinzhi, Wen Deyu and Wen Yichang signed a joint venture agreement. According to this, a joint venture will be established in Fuzhou, China. The joint venture is mainly engaged in providing a full range of digital logistics services for logistics companies, shippers and drivers through digital intelligence application platforms. China has the largest logistics market in the world, but the Chinese logistics market also faces long-standing problems such as inefficient road transport operations and lack of trust between shippers and truck drivers. Based on insight into technological development trends, the Group plans to use Internet technology and digital hands

Gelonghui FinanceMar 22 06:27 ET

International Commercial Settlement (00147.HK) plans to establish a joint venture in Laos

On March 15, GLONGHUI | International Commercial Settlement (00147.HK) announced that on March 15, 2024, Shousheng Enterprise Co., Ltd., a wholly-owned subsidiary of the company, and Mr. Lu Zeng signed a joint venture agreement to establish a joint venture in the Lao People's Democratic Republic. After the joint venture is registered and established, Shousheng and Mr. Lu will own 51% and 49% of the rights respectively. The joint venture will mainly be engaged in Bitcoin mining and trading. The initial paid-up share capital of the joint venture is US$2,000,000 and will be funded by Shousheng and Mr Lu according to their respective equity ratios in the joint venture. The capital will mainly be used as a joint venture

Gelonghui FinanceMar 15 07:03 ET

International Business Settlement Director Offloads Stake in Long Grand

An executive director of International Business Settlement Holdings (HKG:0147) will cease to have equity interests in the company's controlling shareholder, Long Grand, after transferring shares to an

MT NewswiresJan 26 08:07 ET

International Commercial Settlement (00147.HK): Yuan Liang plans to transfer 30% of Changhong's shares to Ren Yu

Gelonghui, January 26, 丨 International Commercial Settlement (00147.HK) issued an announcement. The company was informed by Yuan Liang, the company's executive director, that on January 23, 2024, he had signed a transfer document to transfer 30% of his shares in Changhong Co., Ltd. (“Changhong”) (the controlling shareholder holding about 63.43% of the company's total issued share capital) to Ren Yu. Immediately prior to the transfer, Mr. Ren and Mr. Yuan directly owned 70% and 30% of Changhong's interests. Following the transfer, Changhong will be wholly owned by Mr. Ren. According to Section XV of the Securities and Futures Regulations, Mr. Ren will continue to be treated as part of the company's shares held by Changhong

Gelonghui FinanceJan 26 04:26 ET