Freeman FinTech Corporation Ltd (0279.HK)
23 Feb 2018
Fri, Feb 23 2018
* ENTERED NON-LEGALLY BINDING LETTER OF INTENT WITH MESON FINTECH CO., LTD.
BRIEF-Meson FinTech To Buy Trading License Business Estimated At Hk$3.0 Bln From Freeman FinTech Corp
* SAYS IT PLANS TO BUY TRADING LICENSE BUSINESS ESTIMATED AT HK$3.0 BILLION ($383.41 million) FROM FREEMAN FINTECH CORP Source text in Chinese: http://bit.ly/2ooljxj Further company coverage: ($1 = 7.8246 Hong Kong dollars) (Reporting by Hong Kong newsroom)
* UPDATES ON UNUSUAL SHARE PRICE AND TRADING VOLUME MOVEMENTS
* CO TO ACQUIRE 93.5 MILLION SHARES IN FREEMAN FINTECH FOR HK$100 MILLION FROM GALAXY STRATEGIC INVESTMENT Source text for Eikon: Further company coverage:
* YE YE APPOINTED AS AN EXECUTIVE DIRECTOR & CHAIRMAN Source text for Eikon: Further company coverage: (email@example.com)
* RECENTLY BECOME AWARE OF CERTAIN FRAUDULENT WEBSITES MAKE REFERENCE TO CERTAIN INFORMATION OF GROUP
* HY PROFIT ATTRIBUTABLE TO OWNERS OF COMPANY HK$231.1 MILLION VERSUS HK$246.2 MILLION Source text for Eikon: Further company coverage: (firstname.lastname@example.org)
* Expected that net profit of group for HY will be revised to about HK$239 million
* Expected to record a net profit of approximately HK$187 million for HY
* Update on a non-wholly-owned subsidiary Wins Finance Holdings Inc.