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India

New City Development Group Ltd (0456.HK)

0456.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

New City Development's Unit To Buy Gold Channel Holdings From Junyi Investment Limited
Friday, 12 Apr 2019 

April 12 (Reuters) - New City Development Group Ltd <0456.HK>::UNIT TO BUY 1 SHARE OF GOLD CHANNEL HOLDINGS FROM JUNYI INVESTMENT LIMITED.DEAL FOR AGGREGATE CONSIDERATION OF RMB450 MLN .  Full Article

New City Development Group's Unit To Acquire Gold Channel Holdings & Shareholder's Loan
Monday, 18 Feb 2019 

Feb 18 (Reuters) - New City Development Group Ltd <0456.HK>::UNIT TO ACQUIRE 1 SHARE OF GOLD CHANNEL HOLDINGS AND SHAREHOLDER'S LOAN FROM JUNYI INVESTMENT.DEAL FOR RMB450 MILLION, SETTLED BY ALLOTMENT OF 638.9 MILLION SHARES AT HK$0.818 PER SHARE.  Full Article

New City Development Group Says To Issue Convertible Notes
Tuesday, 26 Jun 2018 

June 26 (Reuters) - New City Development Group Ltd <0456.HK>::TO ISSUE CONVERTIBLE NOTES WITH AN AGGREGATE PRINCIPAL AMOUNT OF HK$43.2 MILLION.CONVERTIBLE NOTES MAY BE CONVERTED INTO 135 MILLION CONVERSION SHARES AT CONVERSION PRICE OF HK$0.32 PER SHARE.ESTIMATED NET PROCEEDS FROM ISSUE OF CONVERTIBLE NOTES WILL AMOUNT TO ABOUT HK$43 MILLION.  Full Article

New City Development Group ‍enters investment memorandum to issue new shares and/or convertible bonds
Friday, 10 Nov 2017 

Nov 10 (Reuters) - New City Development Group Ltd <0456.HK>:Enters into investment memorandum to possibly issue new shares and/or convertible bonds to Red Swan Capital Management.‍Possible allotment and issuance will be conducted in two phases with an amount of HK$30 million for each subscription​.  Full Article

New City Development Group signs memorandum of cooperation to buy stake in First International Construction Engineering
Friday, 10 Nov 2017 

Nov 10 (Reuters) - New City Development Group Ltd <0456.HK>:‍Enters memorandum of cooperation with vendor to buy not less than 51% stake in First International Construction Engineering.‍Consideration for possible acquisition shall not be less than HK$30 million.  Full Article

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