00821 VC HOLDINGS
- 0.034
- -0.001-2.86%
VC HOLDINGS News
vc Holdings [00821] is now trading at HKD 0.039, with a rise of 14.71%.
As of 09:41, VC Holdings [00821] reported HKD 0.039, up HKD 0.005 or 14.71% from the previous closing price of HKD 0.034. The trading volume was HKD 0.0155 million, with a high of HKD 0.039 and a low of HKD 0.034 today. Based on the closing price from yesterday, the 10-day average price is HKD 0.06, and the 50-day average price is HKD 0.08. The current P/E ratio is -0.57 times, and the 14-day strength index is 57.41.
VC Holdings (00821.HK) plans to allocate up to 30 million Hong Kong dollars convertible bonds.
On September 9th, Glo Fenghui issued an announcement that on September 9th, 2024, the company entered into a placement agreement with the placement agent. Accordingly, the company plans to place up to 30 million Hong Kong dollars convertible bonds. The preliminary conversion price is 0.10 Hong Kong dollars, with a premium of approximately 194.12% over the closing price of 0.034 Hong Kong dollars per share on the date of the placement agreement. Assuming full exercise, the company will issue and distribute up to 0.3 billion shares of convertible shares, which is equivalent to (i) approximately 12.13% of the total number of shares issued on the date of the placement agreement; and (ii) approximately 10.82% of the total number of shares issued after the placement. The placement matters...
Express News | Value Convergence - to Place Convertible Bonds in Aggregate Principal Amount of up to HK$30.0 Mln
VC HOLDINGS: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
VC Holdings (00821.HK) plans to hold a board of directors meeting on August 30th to approve its interim performance.
VC Holdings (00821.HK) announced that it will hold a board of directors meeting on Friday, August 30, 2024, at 7th Floor, Chinachem Exchange Square, 181-185 Gloucester Road, Wan Chai, Hong Kong. The board of directors will pass resolutions at the meeting, including approving the publication of the mid-term performance of the company and its subsidiaries for the six months ending June 30, 2024, and considering the distribution of interim dividends (if any).
VC HOLDINGS: NOTICE OF BOARD OF DIRECTORS' MEETING
VC Holdings (00821.HK) issued a profit warning: expected net loss of approximately 63-68 million Hong Kong dollars in the first half of the year.
On August 15th, Gleaneagle Securities reported that VC Holdings (00821.HK) expects to incur a loss of approximately 63 to 68 million Hong Kong dollars in comprehensive company ownership during the six-month period ending on June 30, 2024, which has not been audited, while the six-month period ending on June 30, 2023 incurred a loss of approximately 0.134 billion Hong Kong dollars. The main reasons for this change are: (i) during the period ending on June 30, 2024, the net loss of financial assets that have been realized and unrealized has been reduced by about 42 million Hong Kong dollars compared to the same period last year by accounting for fair value and processing in the profit and loss account; (ii) until June 30, 2024.
Express News | Value Convergence - Expected Result Due to Decrease in Staff Costs, Others
Express News | Value Convergence Sees Unaudited CONSOL Loss Attributable in Range of HK$63 Mln to HK$68 Mln for Six Months
VC HOLDINGS: PROFIT WARNING
Value Convergence Holdings' HK$84 Million Bond Placement Lapses
VC Holdings (00821.HK): The convertible bonds, which can be issued based on special authorization, have expired.
On August 7th, Gelunhui reported that due to the preconditions set out in the convertible bond distribution agreement (as revised and supplemented by the appendix and the second appendix), which have not been fully met or exempted before August 7, 2024 (the final deadline for convertible bond distribution), the convertible bond distribution agreement has become invalid and the convertible bond distribution will not proceed. The distribution agent and the company will stop and terminate all obligations under the convertible bond distribution agreement, and the contracting party of convertible bond distribution shall not make any claims related to the agreement against other contracting parties (except for any
VC Holdings subsidiary intends to acquire 30% equity of Hainan Zhongtian Jiahe Industrial
VC Holdings (00821) announced that on July 26, 2024 (after trading hours), the buyer, Shenzhen Huaying Zhichuang Technology Co., Ltd. (an indirectly wholly-owned subsidiary of the company), and the seller, Zhong Xi Energy (Beijing) Co., Ltd., entered into an equity transfer agreement. According to this agreement, the buyer agreed to purchase and the seller agreed to sell the sales equity for RMB 9990. The sales equity accounted for 30% of the equity of Hainan Zhongtian Jiahe Industrial Co., Ltd., which mainly engages in international and domestic trade of the following commodities: liquefied natural gas, liquefied petroleum gas, petroleum coke, and asphalt. The announcement stated that the target company
VC Holdings (00821.HK) plans to acquire 30% of Hainan Zhongtian Jiahe Industrial's equity.
On July 26th, Glorious Sun announced that on July 26th, 2024, the buyer (a wholly-owned subsidiary of the company) and the seller Zhongxi Energy (Beijing) Co., Ltd. entered into an equity transfer agreement, under which the buyer agreed to purchase and the seller agreed to sell the sales equity at a price of RMB 9,990. The sales equity accounts for 30% of the equity of Hainan Zhongtianjiahe Industrial Co., Ltd., the target company. The target company mainly engages in international and domestic trade businesses of the following commodities: i) liquefied natural gas; ii) liquefied petroleum gas; iii) petroleum coke; and (iv) asphalt. The target
VC Holdings (00821.HK): Zhang Nu resigns as executive director.
On July 9th, Gelunhui reported that Zhang Nu resigned as the company's executive director due to pursuing other career development opportunities, effective from July 9th, 2024.汇盈控股 is translated as vc holdings.董事 is translated as director.其他 is translated as other.
Express News | Value Convergence Holdings Ltd - Zhang Nu Resigned as an Executive Director
Value Convergence CFO Steps Down
Express News | Value Convergence- Lai Yick Fung Resigned as CFO
VC Holdings (00821): Lai Cailin appointed as CFO.
According to the announcement released by VC Holdings (00821) on the Zhìtōng Cáijīng APP, Mr. Lai Yifeng has resigned from the company as (i) company secretary, (ii) chief financial officer, and (iii) authorized representative under Rule 3.05 of the Listing Rules of the Hong Kong Stock Exchange to pursue other career development opportunities. Mr. Lai has confirmed to the board of directors that there is no disagreement between him and the board, and there are no matters relating to his resignation that need to be brought to the attention of the company's shareholders or the Stock Exchange. The board of directors is pleased to announce that Ms. Li Cailing has been appointed as (i) company secretary, (ii) chief financial officer, and (iii) authorized representative with effect from.
VC Holdings (00821.HK): The trade plan to acquire 24% equity of Zhanhua Jiutai Gas has failed.
On June 28th, Gelonhui reported that VC Holdings (00821.HK) issued an announcement regarding the acquisition of 24% equity of the target company (Zhanhua Jiutai Gas Co., Ltd.). As some of the prerequisites of the purchase agreement have not been met or exempted (depending on the situation) before the final deadline of the acquisition (June 28, 2024), the contracting party of the acquisition will not need to proceed with the proposed trade under the purchase agreement.
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