Edition:
India

Tai United Holdings Ltd (0718.HK)

0718.HK on Hong Kong Stock

0.73HKD
22 Jun 2018
Change (% chg)

HK$0.01 (+1.39%)
Prev Close
HK$0.72
Open
HK$0.72
Day's High
HK$0.73
Day's Low
HK$0.71
Volume
120,000
Avg. Vol
7,550,932
52-wk High
HK$1.43
52-wk Low
HK$0.62

Latest Key Developments (Source: Significant Developments)

Tai United Says FY Profit Attributable HK$312.1 Mln
Monday, 26 Mar 2018 

March 26 (Reuters) - Tai United Holdings Ltd <0718.HK>::FY PROFIT ATTRIBUTABLE HK$312.1 MILLION.FY REVENUE HK$11.24 BILLION.  Full Article

Tai United Holdings says Meng Zhaoyi resigns as acting chairman and CEO
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Tai United Holdings Ltd <0718.HK>:‍ Meng Zhaoyi resigns as acting chairman, executive director and chief executive officer​.‍Chen Weisong appointed as an executive director & ceo.  Full Article

Tai United says resignation of Liu Hua asd executive director and SVP
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Tai United Holdings Ltd <0718.HK>:Resignation of executive director .Liu Hua had resigned as an executive director and a senior vice president of company​.  Full Article

Tai United negotiating for acquisition of property London
Thursday, 13 Oct 2016 

Tai United Holdings Ltd <0718.HK>: Currently negotiating with an independent vendor in respect of a possible acquisition of a commercial property london .Consideration for deal will be well over HKD1 billion.  Full Article

Tai United enters into subscription agreement<0718.HK>
Thursday, 29 Sep 2016 

Tai United Holdings Ltd <0718.HK>: Company entered into the subscription agreement with, among others, the investors . Investors conditionally agreed to subscribe for, the notes in the aggregate principal amount of not more than US$180 million .  Full Article

Tai United Holdings enters facilities agreement
Thursday, 29 Sep 2016 

Tai United Holdings Ltd <0718.HK> : Company as borrower entered into facilities agreement with lender . Lender is Industrial And Commercial Bank Of China (Asia) Limited .Loan facilities in an aggregate principal amount of up to HK$800 million.  Full Article

Tai United proposes rights issue to raise about HK$3.00 bln<0718.HK>
Friday, 2 Sep 2016 

Tai United Holdings Ltd <0718.HK>: Hold-...more (i) proposed rights issue on the basis of two (2) rights shares for every one (1) existing share held on the record date at hk$1.00 per rights share; and (II) closure of register of members <0718.HK> . Says company proposed to raise approximately hk$3.00 billion (before expenses) by way of the rights issue . Company will allot and issue 3.00 billion rights shares at the subscription price of hk$1.00 per rights share . Estimated net proceeds from the rights issue (after deducting the estimated expenses) will be approximately hk$3 billion . Pursuant to the underwriting agreement, the total subscription price of hk$1.74 billion payable by Tai he will be subject to the set-off .  Full Article

Bestway updates on acquisition of properties in London<0718.HK>
Friday, 12 Aug 2016 

Bestway International Holdings Ltd <0718.HK>: Execution of exclusivity agreement - proposed acquisition of properties in London <0718.HK> . Says consideration for the proposed acquisition will be not more than HK$1.3 billion . Says it is expected that the proposed acquisition will be financed by the internal resources of the company . Purchaser wide flourish investments, the vendors and the solicitors of the vendors entered into the exclusivity agreement .  Full Article

Bestway International and unit enter into subscription agreement with Hua Lien<0718.HK><0969.HK>
Friday, 22 Jul 2016 

Bestway International Holdings Ltd <0718.HK>: Bestway, the subscriber and Hua Lien entered into the subscription agreement . The net proceeds of the subscription will amount to approximately HK$584 million . Subscriber to subscribe for, and Hua Lien to allot and issue, 3.70 billion subscription shares at HK$0.16 per subscription share . Hua Lien and the placing agent also entered into the placing agreement . Application has been made by Bestway for resumption of trading in Bestway shares with effect from 9:00 a.m. on 22 July . Placees to subscribe for 800 million placing shares at the placing price of HK$0.16 per placing share . Application made by Hua Lien for resumption of trading in Hua Lien shares respectively with effect from 9:00 a.m. on 22 July 2016 . The net proceeds of the placing will amount to approximately HK$123 million ."Hua Lien proposes to increase the authorised share capital of Hua Lien to HK$2 billion".  Full Article

Bestway International says Meng Zhaoyi appointed as chairman, Chua Hwa Por resigns<0718.HK>
Friday, 8 Jul 2016 

Bestway International Holdings Ltd <0718.HK>: Resignation of chairman and executive director and appointment of chairman <0718.HK> . Chua Hwa Por has resigned as the chairman of the board and executive director . Meng Zhaoyi has been appointed as the chairman of the board .  Full Article

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