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CHINASILVER TEC (00515.HK) plans to issue convertible bonds worth 16.066 million Hong Kong dollars.
Gelonghui reported on December 27 that CHINASILVER TEC (00515.HK) announced that on December 27, 2024, the company entered into a subscription agreement with subscribers (Lin Xiaowu and Cheng Lin), pursuant to which the company conditionally agreed to issue, and the subscribers agreed to subscribe for convertible Bonds with a total principal amount of HKD 16,065,967.80.
CHINASILVER TEC (00515.HK) subscribes to 51% equity of a company engaged in Consumer goods trading and E-Commerce.
On December 27, Glonghui announced that CHINASILVER TEC (00515.HK) will enter into a joint venture agreement on December 27, 2024, with Asia Vets South Network Group Limited (a wholly-owned subsidiary of the company) and the Hong Kong The Pacific Life Science Brand Management Company. The agreement involves the subsidiary of the listed company proposing to subscribe for newly issued shares (accounting for 51% of the total issued capital of the joint venture company after subscription), with a total subscription price of 0.51 million HKD.
Chinasilver tec (00515.HK): is seeking legal advice regarding the lawsuit for bank loan default.
Gelonghui reported on December 8 that chinasilver tec (00515.HK) announced that a bank creditor ("creditor") has filed a civil lawsuit in the Zhongshan City Court of Guangdong Province, claiming that the company and several of its subsidiaries (collectively referred to as "defendants") are in default on loans and requesting the defendants to repay a total amount of approximately 0.336 billion yuan (including principal, interest, penalties, and other damages). The company is seeking legal advice on this matter and will publish further announcements in due course.
Express News | China Silver Technology - Zeng Yongguang Tendered Resignation as Executive Director
chinasilver tec [00515] is now trading at 0.076 Hong Kong dollars, with a rise of 11.77%.
As of 14:00, chinasilver tec [00515] reported 0.076 Hong Kong dollars, a rise of 0.008 Hong Kong dollars or 11.77% compared to yesterday's closing price of 0.068 Hong Kong dollars. The turnover was 0.0008 million Hong Kong dollars, with today's highest price at 0.076 Hong Kong dollars and the lowest price at 0.076 Hong Kong dollars. Based on yesterday's closing price, the 10-day average price is 0.07 Hong Kong dollars, and the 50-day average price is 0.09 Hong Kong dollars. The current pe ratio is -1.47 times, and the 14-day relative strength index is 26.67.
China Silver Technology Holdings Limited (HKG:515) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely