Huasheng International Raises HK$29 Million From Share Sale
Huasheng International Holding (HKG:1323) has raised around HK$29 million from a one-for-two rights issue and the net proceeds will be utilized to repay outstanding short-term liabilities. That includ
Huasheng International to Raise HK$29 Million From Rights Issue
Huasheng International Holding (HKG:1323) is looking to raise up to around HK$29 million through the issue of up to around 251.9 million rights shares at HK$0.115 apiece. The rights issue will be cond
Is Huasheng International Holding (HKG:1323) A Risky Investment?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says 'The biggest investment risk is not the volatility of prices, but whether you will
HUASHENG INTL: Interim Report 2023/2024
Huasheng International Trims Loss in Fiscal H1; Shares Slump 6%
Huasheng International Holding (HKG:1323) trimmed its loss attributable to owners to HK$3.8 million, or HK$0.0009 per share, for the fiscal first half from HK$51.4 million, or HK$0.0126 per share, in
HUASHENG INTL: ANNOUNCEMENT OF UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023
Huasheng International Directors Propose 10-for-1 Consolidation Scheme; Shares Fall 7%
Huasheng International Holding (HKG:1323) directors are proposing a 10-for-1 share consolidation scheme, according to a Wednesday filing. Under the consolidation, the concrete producer's share capital
Huasheng International Holdings plans to carry out a share merger based on the “10 and 1” benchmark
Huasheng International Holdings (01323) issued an announcement. The company's board of directors proposed a share merger based on the merger of issued and unissued existing shares with a face value of HK$0.01 per 10 shares into 1 consolidated share with a face value of HK$0.1 per share. As of the date of this announcement, existing shares were traded on the Stock Exchange with a trading order of 2,000 existing shares per lot. Pending the entry into force of the share consolidation, the board of directors proposes to change each lot traded on the Stock Exchange from 2,000 existing shares to 20,000 consolidated shares. 0.0 per existing share according to the closing price reported on the Stock Exchange on the date of this announcement
HUASHENG INTL To Carry Out 1-for-10 Reverse Stock Split On December 15th, 2023
November 16th - $HUASHENG INTL(01323.HK)$ is about to implement a 1-for-10 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from December 15th, 2023.$HUASHENG INT
Huasheng International Holdings completed the placement of 840 million shares with a net raise of HK$13.12 million
Huasheng International Holdings (01323) announced that all the conditions of the placement agreement have been met, and the placement has been completed on November 3, 2023 in accordance with the terms and conditions of the placement agreement. Among them, the placement agent has successfully placed a total of 840 million placed shares, which is equivalent to about 20.00% of the issued share capital of the company immediately before the placement matter; and the issued share capital of the company expanded by 840 million shares on the date of this announcement. The net proceeds from the placement were approximately HK$13.12 million. The net proceeds will be used to pay off the Group's outstanding short-term liabilities.
Huasheng International Holdings (01323.HK) extends final deadline for placement of up to 840 million shares
Glonghui, October 25 丨 Huasheng International Holdings (01323.HK) announced the final deadline for placing up to 840 million shares under general authorization. Since the company needed more time to reach the preconditions contained in the placement agreement, on October 25, 2023, the company and the placement agent entered into a supplementary agreement to the placement agreement after fair negotiations. Based on this, the company and the placement agent agreed to extend the final deadline from October 27, 2023 to November 3, 2023, or the relevant later date of the agreement between the company and the placement agent.
Huasheng International Holdings (01323.HK) plans to sell up to 840 million shares at a discount of about 15.79%
Glonghui, October 6, 丨 Huasheng International Holdings (01323.HK) announced that on October 6, 2023, the placement agent signed a placement agreement with the company. The company plans to place up to 840 million shares for placement, accounting for about 20.00% of the currently issued shares; and about 16.67% of the issued share capital after allotment expansion. The placement price was HK$0.016 per share, which is approximately 15.79% off the closing price of HK$0.019 reported on the date of the placement agreement. Upon completion of the placement, it is anticipated that the highest total proceeds and net proceeds from the placement will be approximately HK$13.43 million and 1, respectively
Huasheng International Holdings: Unusual Fluctuations in Stock Prices and Trading Volume
Huasheng International Holdings (01323) issued an announcement. The company's board of directors is concerned that on September 28, 2023, the company's share price will drop and trading volume will rise. To the full knowledge, knowledge and conviction of the directors after making all reasonable enquiries, the Board confirmed that, apart from the inside information disclosed in this announcement, it is not aware of any cause of the unusual fluctuation in the stock price and trading volume, or any information that must be published to avoid a false market for the company's securities, or any inside information that needs to be disclosed pursuant to the insider information provisions of Part XIVA of the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong. Executive Director of the Company, Board of Directors
The stock price of Huasheng International Holdings (01323.HK) fluctuated abnormally, and the shares held by Chairman Huang Weisheng of the board of directors were forced to be sold
Glonghui September 28 丨 Huasheng International Holdings (01323.HK) announced that the company's board of directors is concerned that on September 28, 2023, the company's stock price will drop and trading volume will rise. The Board of Directors acknowledges that, other than the inside information disclosed in this announcement, it is not aware of any reason for the unusual fluctuation in the stock price and trading volume, or any information that must be disclosed to avoid a false market for the company's securities, or any inside information that needs to be disclosed under the insider information provisions of Part XIVA of the Securities and Futures Ordinance Chapter 571 of the Laws of Hong Kong. Mr. Huang Weisheng, the company's executive director, chairman of the board of directors and CEO, informed
HUASHENG INTL: Annual Report 2022/2023
Huasheng International Swings to Loss in FY22/23
Huasheng International Holding (HKG:1323) posted an attributable loss of HK$54.8 million for the year ended March 31, reversing an attributable profit of HK$31.3 million a year ago. Diluted loss per s
HUASHENG INTL: PRELIMINARY ANNOUNCEMENT OF THE FINAL RESULTS FOR THE YEAR ENDED 31 MARCH 2023; AND PROPOSED ADOPTION OF NEW ARTICLES OF ASSOCIATION
Huasheng International Holding Warns of Net Loss in FY23
Huasheng International Holding (HKG:1323) warns it will swing to a net loss of not less than HK$52 million in the fiscal year ended March 31 from a profit of HK$31.3 million in the year-ago period, a
HUASHENG INTL: PROFIT WARNING
HUASHENG INTL: DATE OF BOARD MEETING
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