China Environmental Resources (01130) cuts 1,955 billion shares due to share consolidation on a “5 and 1” basis
According to Zhitong Finance App, China Environmental Resources (01130) announced that on April 9, 2024, the company will cut 1,955 billion shares due to the “5 merger 1” basis of share consolidation.
China Environmental Resources (01130): The share merger will take effect on April 9
China Environmental Resources (01130) issued an announcement. The Listing Committee has approved the consolidated share listing and trading. Due to a stock partnership...
China Environmental Resources (01130.HK) plans to consolidate shares according to the “5 and 1” basis
Gelonghui, Feb. 29, 丨 China Environmental Resources (01130.HK) announced that the board of directors proposed a share merger. The basis is the merger of issued and unissued existing shares with a face value of HK$0.02 per five (5) shares into one (1) consolidated share with a face value of HK$0.1 per share. Stock consolidation is subject to approval by shareholders (including) at the Extraordinary General Meeting of Shareholders before it can actually take place. On the date of announcement, the trading unit for each lot of existing shares traded on the Stock Exchange was 4,000 existing shares. The board of directors recommended that after the share merger comes into effect, the trading unit for each lot traded on the Stock Exchange will be changed from 4,000 shares to 20,
China Environmental Resources (01130) announced interim results. Loss attributable to shareholders of HK$460.91 million increased by 1517.8% year-on-year
China Environmental Resources (01130) announced interim results for the six months ended December 31, 2023. The group...
China Environmental Resources to Widen Loss in July-December 2023
China Environmental Resources Group (SGX:RS1, HKG:1130) expects a loss of at least HK$40 million for the six months ended Dec. 31, 2023, up from HK$2.3 million during the year-ago period. The metal re
China Environmental Resources (01130.HK) issued profit warning
On February 19, China Environmental Resources (01130.HK) announced that the Group's unaudited consolidated loss for the six months ended December 31, 2023 is expected to increase to no less than HK$40 million compared to the loss of approximately HK$2.24 million for the same period in 2022. The Board believes that the increase was due to the combined impact of the following matters during the period: (i) the reduction in other income to approximately HK$1.3 million; (ii) the fair value loss of investment properties was approximately HK$11.4 million; (iii) the loss due to changes in the fair value of biological assets minus the cost of sale was approximately HK$30.4 million; and (i)
China Environmental Resources Seeks HK$16 Million From Share Placement
China Environmental Resources Group (SGX:RS1, HKG:1130) is targeting to raise up to HK$15.8 million in net proceeds from a private placement of shares. The metal recycling company intends to issue 407
China Environmental Resources (01130.HK) plans to sell up to 407 million shares at a discount of about 7.0%
Gelonghui, Feb. 16, 丨 China Environmental Resources (01130.HK) announced that on February 16, 2024, the placement agent entered into a placement agreement with the company. According to this, the company plans to place up to 407 million shares, which is equivalent to 20.00% of the company's existing issued shares; and to expand 16.67% of the issued share capital through allotments. The placement price is HK$0.04 per share, a discount of approximately 7.0% from the closing price of HK$0.043 per share reported on the Stock Exchange on the date of the placement agreement. It is anticipated that the total proceeds from the placement and the maximum net proceeds will be approximately HK$16.3 million and approximately
China Environmental Resources Further Extends Negotiations for Potential Stake Acquisition
China Environmental Resources Group (SGX:RS1, HKG:1130) agreed to further extend negotiations for a potential acquisition of a 51% stake in a Hong Kong-based motorcycle dealer for six more months, the
China Environmental Resources Doubles Loss in Fiscal Year 2023
China Environmental Resources Group (SGX:RS1, HKG:1130) recorded a rise in attributable loss for the year ended June 30 to HK$35.1 million from HK$16.7 million during the year-ago period. Diluted loss
China Environmental Resources to Widen Loss by at Least 130% in Fiscal Year 2023
China Environmental Resources Group (SGX:RS1, HKG:1130) expects a year-over-year rise of at least 130% in its loss for the year ended June 30 from a loss of HK$14.8 million during the year-ago period.
China Environmental Resources (01130) issued a profit warning and expected annual losses to increase by no less than 130% year-on-year
China Environmental Resources (01130) announced that it is expected that the Group's audit for the year ended June 30, 2023...
China Environmental Resources Again Extends Long Stop Date of Proposed Stake Acquisition in Motorcycle Dealer
01:15 AM EDT, 03/30/2023 (MT Newswires) -- China Environmental Resources Group (SGX:RS1, HKG:1130) has again extended the years-long talks regarding a planned acquisition of a 51% stake in a Hong Kong
China Environmental Resources' Loss for Fiscal Year 2022 Narrows to HK$14.8 Million
01:19 AM EST, 02/27/2023 (MT Newswires) -- China Environmental Resources Group's (HKG:1130, SGX:RS1) loss for the year through June 30, 2022 narrowed to HK$14.8 million from HK$48.9 million, according
Express News | China Environmental Resources Sees 65% Drop in Losses for Fiscal Year 2022
China Environmental Resources Trims FY22 Loss
06:49 AM EDT, 10/03/2022 (MT Newswires) -- China Environmental Resources Group's (SGX:RS1, HKG:1130) loss attributable to owners narrowed to HK$21.4 million ($2.7 million) in the 12 months ended June
China Environmental Resources Further Extends Negotiations to Buy Stake in Motorcycle Dealer
07:36 AM EDT, 09/29/2022 (MT Newswires) -- China Environmental Resources Group (SGX:RS1, HKG:1130) has again extended talks regarding its planned acquisition of a 51% stake in a Hong Kong-based motorc
China Environmental Resources Expects FY22 Loss to Drop by 60%
06:17 AM EDT, 09/23/2022 (MT Newswires) -- China Environmental Resources Group (SGX:RS1, HKG:1130) expects its net loss in the 12 months ended June 30 to fall by at least 60% from HK$48.9 million ($6.
China Environmental Resources Again Extends Long Stop Date of Stake Acquisition in Motorcycle Dealer
01:17 AM EDT, 03/30/2022 (MT Newswires) -- China Environmental Resources Group (SGX:RS1, HKG:1130) has again extended the years-long talks regarding a planned acquisition of a 51% stake in a Hong Kong
China Environmental Resources Trims Losses in July-December 2021 Period on Higher Sales
12:04 AM EST, 03/11/2022 (MT Newswires) -- China Environmental Resources Group's (SGX:RS1, HKG:1130) loss attributable to owners narrowed to HK$7.8 million ($996,378) in the six months ended Dec. 31,
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