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K. H. Group Posts Wider Loss N Fiscal H1
k.h. gp hldgs (01557) announced its interim results with a net loss of 44.825 million Hong Kong dollars, a year-on-year increase of 90.55%.
k.h. gp hldgs (01557) announced the interim results for the six months ended September 30, 2024, with a year-on-year decrease in income...
K.H. GP HLDGS: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
K. H. Group Acquires 100% Stake In, Shareholders Loan of Recycling Company for 62 Million Yuan
K.H. GP Hldgs (01557.HK) plans to acquire all the equity of Changzhou Yonghong Yifeng New Materials Technology for 61.9 million yuan.
K.H. GP Hldgs (01557.HK) announced on November 5th that on November 5, 2024, the company and Aixin (a wholly-owned subsidiary of the company) (as the buyer) entered into a purchase agreement with the seller (as the seller), whereby the buyer conditionally agrees to acquire and transfer while the seller conditionally agrees to sell all the equity of Changzhou Yonghong Yifeng New Materials Technology Co., Ltd. and transfer shareholder loans for a total consideration of RMB 61.9 million. The target company's wholly-owned subsidiary Jiangsu Yongmai owns a facility with an annual output of 0.06 million tons of N-Methylpyrrolidone cyclic comprehensive utilization, which is currently in the trial production phase.
Express News | K H Group - Deal for RMB61.9 Mln
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