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DL Holdings Group's Subsidiary Subscribes for 62.5% Issued Share Capital of DL Holdings (Japan), Shares Down 5%
DL Holdings GP plans to subscribe for shares of Delin Investment Co., Ltd.
DL Holdings GP (01709) announced that on July 17, 2024, the target company, Delin Investment Co., Ltd. (as the issuer); and Subscriber 1 (Instant Glad Investments Limited) (a wholly-owned subsidiary of the company), Subscriber 2 (Gojima Co., Ltd.) and Subscriber 3 (Hijiri Partners Co., Ltd.) (as subscribers) entered into a subscription agreement, and the subscriber has conditionally agreed to subscribe and the target company has conditionally agreed to issue and distribute subscription shares (which account for the issued share capital of the target company after the enlarged issuance and distribution of subscription shares).
DL Holdings GP (01709.HK) plans to subscribe for shares of DL Investment Corporation to accelerate the development of its global real estate business division.
On July 17, Glorious Sun announced that on July 17, 2024, (a) the target company, Delin Investment Co., Ltd. (as the issuer); and (b) subscriber 1 Instant Glad Investments Limited (a wholly-owned subsidiary of the company), subscriber 2 Wudao Co., Ltd., and subscriber 3 (Hijiri Partners Co., Ltd.) signed a subscription agreement, whereby the subscriber has conditionally agreed to subscribe and the target company has conditionally agreed to issue and distribute subscription shares (accounting for the issuance and distribution of subscription shares after expansion).
Express News | DL Holdings - DL Holdings (Japan) to Issue 87.5% Stake in Itself to Instant Glad Investments, Gotou, Hijiri Partners for JPY140 Mln
CITIC Securities: Hang Seng Index will welcome a new round of review results, and Alibaba-SW is expected to be included in the Hong Kong Stock Connect.
CITIC Securities released a research report stating that the Hang Seng Index will undergo a new round of review results on August 16, and the adjustment will take effect on September 9. Hong Kong Stock Connect will also be adjusted accordingly. The bank predicts that there will be 20 symbols included in the Hong Kong Stock Connect, among which the information technology, optional consumer, and energy sectors have higher market value weights. If Alibaba-SW (09988) successfully converts to a dual primary listing by the end of August, it may be included in Hong Kong Stock Connect in this review. The bank also recommends investors to pay attention to timing opportunities between the announcement date of the Hang Seng Index and the effective date of the Hong Kong Stock Connect. In addition, due to some arbitrage funds or before the effective date of the Hong Kong Stock Connect
DL HOLDINGS GP: PROPOSED BONUS ISSUE OF SHARES
DL Holdings Group Limited's (HKG:1709) Share Price Could Signal Some RiskNo Data
