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Hua Yin International Units to Sell Holder of Abandoned Property Project in Jilin, China
Huayin International Holdings (00989.HK) plans to sell all shares in Guangze Tourism, Jilin Province
Gelonghui, October 25 | Huayin International Holdings (00989.HK) announced that on October 25, 2024, the seller (an indirect wholly-owned subsidiary of the company) entered into the agreement with the buyer (an independent third party). According to this, according to the terms of the agreement, the seller conditionally agreed to sell to the buyer, and the buyer conditionally agreed to acquire all of the shares of the target company, Jilin Guangze Tourism Development Co., Ltd., at a cost of RMB 1.0. The target company is a Sino-foreign joint venture established in China. Seller A owns 68.98% and Seller B owns 31.02%. The main business of the target company is
hua yin intl h (00989.HK) terminates loan capitalization agreement.
Grain 10 On October 4, Hua Yin International Holdings (00989.HK) announced that on October 4, 2024, the subscriber and the company entered into a termination agreement, terminating the loan capitalization agreement and debt restructuring, effective immediately. Therefore, the loan capitalization agreement, the related transactions, and the debt restructuring will not proceed, and Jilin Rong Yu still owes Guangze Investment Holdings the loan. As the maturity date of the loan is February 28, 2025, it was agreed by the contracting parties to facilitate the debt restructuring, the said date will no longer apply, and thus the loan must be repaid as required.
Express News | Hua Yin International Holdings Ltd - Termination of Transaction in Relation to Loan Capitalisation Involving Subscription of Shares
Hua Yin International New AGM Date Announced
Hua Yin International Holdings Limited's (HKG:989) CEO Compensation Looks Acceptable To Us And Here's Why
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