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We Solutions Ltd (0860.HK)

0860.HK on Hong Kong Stock

1.30HKD
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Latest Key Developments (Source: Significant Developments)

We Solutions Says Lucky Ample & Sail Agreed To Form JV Co In Shanghai
Friday, 11 May 2018 

May 11 (Reuters) - We Solutions Ltd <0860.HK>::LUCKY AMPLE ENTERED INTO JOINT VENTURE AGREEMENT WITH SAIL PURSUANT TO WHICH LUCKY AMPLE AND SAIL AGREED TO FORM JV CO IN SHANGHAI.JV TO ENGAGE PRIMARILY IN DESIGN, DEVELOPMENT & ASSEMBLING OF ELECTRIC VEHICLES FOR TAXIS & ONLINE HAILING SERVICES.WE SOLUTIONS- PARTIES CONTRIBUTE IN AGGREGATE $10 MILLION TO JV CO AS REGISTERED CAPITAL IN PROPORTION TO THEIR PROPOSED RESPECTIVE EQUITY HOLDINGS.JV CO WILL BE OWNED IN EQUAL SHARES BY LUCKY AMPLE AND SAIL.TOTAL INVESTMENT TO BE MADE IN JV CO IS EXPECTED TO BE $25 MILLION.  Full Article

WE Solutions Enters MoU With Shanghai Alliance Investment
Wednesday, 25 Apr 2018 

April 25 (Reuters) - WE Solutions Ltd <0860.HK>::ENTERS MEMORANDUM OF UNDERSTANDING WITH SHANGHAI ALLIANCE INVESTMENT FOR PROPOSED ESTABLISHMENT OF JV CO BASED IN SHANGHAI.PARTIES SHALL CONTRIBUTE AN AGGREGATE OF US$58 MILLION IN TWO STAGES TO JV CO.JV CO EXPECTED TO ASSIST SHANGHAITECH UNIVERSITY IN ESTABLISHING A CENTRE FOR ADAPTIVE SYSTEM ENGINEERING AMONG OTHERS.  Full Article

O Luxe Holdings Posts FY Net Loss From Cont Ops Of HK$90.1 Mln
Friday, 29 Dec 2017 

Dec 29 (Reuters) - O Luxe Holdings Ltd <0860.HK>::FY REVENUE FROM CONTINUING OPERATIONS HK$545.5 MILLION VERSUS HK$392.5 MILLION.FY NET LOSS FROM CONTINUING OPERATIONS HK$90.1 MILLION VERSUS LOSS OF HK$5.2 MILLION.  Full Article

O Luxe Holdings ‍To Issue To Subscribers 250.9 Mln New Co Shares At Hk$1.50 Per Share ​
Monday, 18 Dec 2017 

Dec 18 (Reuters) - O Luxe Holdings Ltd <0860.HK>::‍AGREED TO ISSUE TO SUBSCRIBERS 250.9 MILLION NEW CO SHARES AT HK$1.50 PER SHARE ​.‍NET PROCEEDS FROM SUBSCRIPTION ARE EXPECTED TO BE ABOUT HK$376 MILLION​.  Full Article

O Luxe Holdings ‍Expects To A Larger Consolidated Net Loss For Year Ended 30 Sept 2017 Than Last Year​
Sunday, 10 Dec 2017 

Dec 10 (Reuters) - O Luxe Holdings Ltd <0860.HK>::‍EXPECTED TO RECORD A CONSOLIDATED NET LOSS FOR YEAR ENDED 30 SEPT 2017 , MATERIALLY LARGER THAN CONSOLIDATED NET LOSS PREVIOUS YEAR​.‍EXPECTED LOSS MAINLY ATTRIBUTABLE TO DECREASE IN FAIR VALUE OF GOODWILL OF A UNIT.  Full Article

O Luxe Holdings ‍announces acquisition of convertible note​
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - O Luxe Holdings Ltd <0860.HK>:‍announces acquisition of us$10 million convertible note​.Announces ‍us$40 million investment right​.‍purchaser entered into subscription agreement with divergent, to subscribe for 3.4 million divergent preferred shares for us$50 million​.  Full Article

O luxe holdings says on Oct. 24, Prestige Rich sold 25.2 mln shares at HK$1.55 per share
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - O Luxe Holdings Ltd <0860.HK>::On Oct. 24, Prestige Rich Holdings entered deal to sell 25.2 million shares of co at HK$1.55 per share to Li Dongsheng.  Full Article

O Luxe Holdings ‍enters MOU for investment in 3D metal printing business for automobiles ​
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - O Luxe Holdings Ltd <0860.HK>::‍Enters MOU regarding investment in 3D metal printing business for automobiles in the United States​.  Full Article

O Luxe says ‍Prestige Rich sold about 2.21 pct stake in co for HK$194 mln
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - O Luxe Holdings Ltd <0860.HK>::Prestige Rich Holdings sold 125.1 million shares on open market, or about 2.21 percent stake in co, for HK$194 million.  Full Article

O Luxe Holdings Ltd names ‍Ho Chi Kit as CEO
Monday, 9 Oct 2017 

Oct 9 (Reuters) - O Luxe Holdings Ltd <0860.HK>:Says ‍Ho Chi Kit appointed as chief executive officer​.‍Wong Chi Ming, Jeffry resigns as ceo with effect from 9 october​.  Full Article

BRIEF-O Luxe Holdings Says Grand Destiny Ventures To Subscribe For Preferred Shares In EV Power

* GRAND DESTINY VENTURES LTD SHALL SUBSCRIBE FOR 94.3 MILLION SERIES C PREFERRED SHARES IN EV POWER Source text for Eikon: Further company coverage: