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India

Kasen International Holdings Ltd (0496.HK)

0496.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Kasen International Holdings Announces Formation Of Joint Venture
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - Kasen International Holdings Ltd <0496.HK>::- ANNOUNCES FORMATION OF JOINT VENTURE AND LAND ACQUISITION JV AGREEMENT.‍JV CO TO ACQUIRE LAND FROM PHNOM PENH SILVER SAND CO LTD FOR ABOUT US$16.4 MILLION​.KASEN INTERNATIONAL -CARDINA, FAN & LIM ENTERED JV DEAL; JV CO HELD 49% BY CARDINA, 36% BY FAN & 15% BY LIM​.KASEN INTERNATIONAL HOLDINGS - ‍INITIAL CAPITAL COMMITMENT TOWARDS JV COMPANY WILL BE ABOUT US$27.4 MILLION​.  Full Article

Kasen International Holdings says co & Oknha Lim Chhiv Ho enters framework agreement​
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Kasen International Holdings Ltd <0496.HK>::‍Company and Oknha Lim Chhiv Ho entered into framework agreement​.‍Company and Oknha Lim Chhiv Ho to establish potential JV company with initial capital commitment of US$27.4 million​.‍JV company to acquire land from Phnom Penh Silver Sand Co for US$16.4 million​.  Full Article

Kasen International enters into LOI regarding possible acquisition of 51% stake in project co<0496.HK>
Tuesday, 7 Jun 2016 

Kasen International Holdings Ltd <0496.HK>: Inside information - letter of intent in relation to the possible acquisition <0496.HK> . The company entered into a non-legally binding letter of intent with the vendors . Says consideration for the possible acquisition determined to be a total of RMB612 million . Says loi in relation to possible acquisition of 51% issued share capital of the project company .  Full Article

Kasen International Holdings Ltd updates on possible disposal of shares in Haining Leather Market
Monday, 1 Feb 2016 

Kasen International Holdings Ltd:Monthly progress in relation to possible disposal of shares in haining leather market.Consideration is receivable in cash on settlement or through exchange for hlm shares by bondholders of an exchangeable bond.Aggregate consideration of disposal carried out during period from 22 June to 31 January 2016 RMB107.5 million.Gain before deduction of any tax on disposal in the amount of approximately RMB101.8 million was arisen upon completion of disposal.  Full Article

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