KING OF CATER: DATE OF BOARD MEETING
WAC HOLDINGS (08619.HK) will conduct due diligence on KOC's current business operation of C-Pon in Japan.
On June 13th, Growlink announced that WAC HOLDINGS (08619.HK) will conduct due diligence on KOC's C-Pon business in Japan after consultation with KOC, in order to formalize the agreement for the rights to use the C-Pon platform in Hong Kong, South Korea, and Southeast Asia. The due diligence process is expected to be completed at the end of June 2024. C-Pon is a new business model that combines online payment services with in-store discounts. The group's goal is to expand the C-Pon business in this area and in addition to this.
WAC HOLDINGS (08619.HK) plans to expand its business and diversify into the dining and news technology industries.
On June 6, Guangdong News Network reported that Wac Holdings (08619.HK) signed a non-binding Memorandum of Understanding with KOC Japan Inc. ("KOC" or "potential partner") on June 6, 2024. According to the memorandum of understanding, the company intends to acquire the right to use and operate mobile applications and/or the C-Pon platform owned by KOC in Hong Kong, South Korea and Southeast Asia. The terms and conditions of using the mobile application will be further negotiated and agreed upon by the contracting parties. The Board of Directors believes that once the cooperation with KOC is in place, the Group will be able to expand its operations.
The Food King (Global) (08619) plans to acquire the rights to use and operate mobile applications and/or the C-Pon platform owned by KOC in Hong Kong, South Korea and Southeast Asia.
The Food King (Global) (08619) announced that on June 6, 2024, the company signed a memorandum of understanding with KOC Japan to jointly develop the business of food delivery robots in Japan and other overseas markets.
Express News | WAC Holdings - Intends to Acquire Right to Use C-Pon Platform Owned by Koc, in Hong Kong, South Korea and South East Asia
Express News | WAC Holdings- Under Mou Co Intends to Acquire Right to Use and Operate Mobile App and/or C-Pon Platform Owned by Koc
Express News | Wac - Entered Into Non-Legally Binding Memorandum of Understanding With Koc Japan Inc.
Express News | WAC Holdings Ltd - Memorandum of Understanding in Relation to Strategic Cooperation Agreement
WAC HOLDINGS (08619.HK) completes placement of 150 million shares
Gelonghui, May 29 | WAC HOLDINGS (08619.HK) announced that the conditions for the placement have been met, and the placement was completed on May 29, 2024. The placement agent has placed HK$0.12 per share at the placement price in accordance with the terms and conditions of the placement agreement, and successfully placed a total of 150 million shares to no less than six (6) assignees, which is equivalent to approximately 12.2% of the total number of existing issued shares immediately before completion and approximately 10.9% of the total number of issued shares expanded through allotment and issuance immediately after completion.
Food King (Global) (08619) completed a total placement of 150 million shares to raise approximately HK$17 million
Zhitong Finance App News, Food King (Global) (08619) issued an announcement. The conditions for the placement have been met, and the placement was completed on May 29, 2024. The placement agent has placed HK$0.12 per share at the placement price in accordance with the terms and conditions of the placement agreement, successfully placing a total of 150 million shares to no less than 6 undertakers, which is equivalent to approximately 12.2% of the total number of existing issued shares immediately before completion and approximately 10.9% of the total number of issued shares expanded through allotment and issuance of placed shares immediately after completion. The total proceeds from the placement are estimated to be around HK$18 million
WAC HOLDINGS (08619.HK) plans to sell 150 million shares at a discount of approximately 9.68% to raise HK$20 million net
Gelonghui, May 3, 丨 WAC HOLDINGS (08619.HK) announced that on May 3, 2024, the company entered into a placement agreement with the placement agent. According to this, the placement agent has agreed to make every effort to place 150 million shares at the placement price of HK$0.14 per share to no less than six undertakers in accordance with the terms and conditions set forth in the placement agreement. The placement price of HK$0.14 per share was discounted by approximately 9.68% from the closing price of HK$0.155 per share reported on the Stock Exchange on May 3, 2024 (the date of the placement agreement); the placement of shares is equivalent to experience
Food King (Global) (08619) plans to issue 150 million placement shares at a discount of about 9.68%
Food King (Global) (08619) issued an announcement. On May 3, 2024, the company and the placement agent signed an agreement...
King Of Catering (Global) Holdings Ltd.'s (HKG:8619) 35% Share Price Plunge Could Signal Some Risk
To the annoyance of some shareholders, King Of Catering (Global) Holdings Ltd. (HKG:8619) shares are down a considerable 35% in the last month, which continues a horrid run for the company. The goo
WAC HOLDINGS (08619.HK): Zeng Yongqi was appointed as Executive Director
Gelonghui, April 5 | WAC HOLDINGS (08619.HK) announced that with effect from April 3, 2024: (1) Zeng Yongqi has been appointed as an executive director; (2) Hirokazu Fukumitsu and Masahiro Takeda have been appointed as non-executive directors; and (3) Leung Chun-yu has been appointed as the company's CEO.
Food King (Global) (08619): Zeng Yongqi was appointed as Executive Director
Food King (Global) (08619) issued an announcement. Starting April 3, 2024: Zeng Yongqi has been appointed as the administrator...
King Of Catering (Global) Holdings Ltd.'s (HKG:8619) 33% Share Price Plunge Could Signal Some Risk
The King Of Catering (Global) Holdings Ltd. (HKG:8619) share price has softened a substantial 33% over the previous 30 days, handing back much of the gains the stock has made lately.
WAC HOLDINGS: Chinese stock abbreviation to “Food King (Global)” to be changed
WAC HOLDINGS (08619) issued an announcement. Following the shareholders' adoption of a special resolution to change the company name at the special shareholders' meeting held on November 27, 2023, the Cayman Islands Registrar of Companies issued a certificate of incorporation of the change of name on January 15, 2024, certifying that the company's English name had been changed from “WAC Holdings Limited” to “King of Catering (Global) Holdings Ltd.” and the company's dual foreign language in Chinese The name is “Food King (Global)
WAC HOLDINGS (08619): Chinese stock abbreviation to “Food King (Global)” to be changed
WAC HOLDINGS (08619) issued an announcement, as announced by shareholders on November 27, 2023...
WAC HOLDINGS (08619.HK) completed the placement of a total of 80 million new shares
Gelonghui January 31 | WAC HOLDINGS (08619.HK) announced that the board of directors is pleased to announce that the conditions for the placement have been met and that the placement was completed on January 31, 2024. The placement agent has placed HK$0.2521 per share at the placement price in accordance with the terms and conditions of the placement agreement, successfully placing a total of 80 million shares to no less than six (6) assignees, which is equivalent to about 6.94% of the total number of existing issued shares immediately before completion and approximately 6.49% of the total number of issued shares expanded through allotment and issuance of placed shares immediately after completion.
WAC HOLDING announced that trading will resume on the morning of January 22nd
WAC HOLDINGS (08619) announced that stock trading will resume at 9:00 a.m. on January 22, 2024.
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