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Zhongzheng International Unit Sells Property Development Wing
Zhongzheng Intl has completed the sale of all equity of Hong Kong Zhongzheng City Investment Co., Ltd.
Zhongzheng Intl (00943) announced that the board of directors approved the sale of all equity interests in Hong Kong Zhongzheng City Investment Co., Ltd. and shareholder loans of Shenzhen Zhongzheng Ruifeng Management Co., Ltd. to non-executive directors. All pre-conditions of the sale agreement have been met. The relevant matters have been completed on July 22, 2024, according to the terms and conditions of the sale agreement. After completion, the sold group is no longer a member of the group. Its financial performance, assets and liabilities will no longer be included in the financial statements of the group.
Zhongzheng Intl (00943.HK) completed the sale of its stake in Hong Kong Zhongzheng City Investment.
On July 22, Glory Times reported that the prerequisites for the sale of all equity of Hong Kong Zhongzheng City Investment Co., Ltd. have been met according to the terms and conditions of the sales agreement. The relevant matters have been completed on July 22, 2024 according to the terms and conditions of the sale agreement.
China Securities International (00943.HK) plans to sell all shares of Hong Kong CSIC City Investment and shareholder loans receivable from Shenzhen CSIC Ruifeng management
Gelonghui, May 6, 丨 China Securities International (00943.HK) announced that on May 6, 2024, the company and Jiesheng International (a direct wholly-owned subsidiary of the company) entered into a sale agreement with Lim Kim Chai, a non-executive director and major shareholder of the buyer company to readjust the Group's business and reduce the burden of the sale group on the Group's overall financial situation due to debt. The main terms of the sale agreement are as follows: (i) Jiesheng International sells sales shares to the buyer (that is, the sale of all shares of the company Hong Kong Securities City Investment Co., Ltd.) at a cost of approximately HK$53.7 million, which will be offset by the buyer on an equal basis
ZHONGZHENG INTL: Interim Report 2023/2024
ZHONGZHENG INTL: CLARIFICATION ANNOUNCEMENT IN RELATION TO PRELIMINARY INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2023
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