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Express News | Uspace Technology - 3 Units Been Served on 9 Dec Writ of Summons With Indorsement of Claim Under 3 Separate Actions
More Unpleasant Surprises Could Be In Store For USPACE Technology Group Limited's (HKG:1725) Shares After Tumbling 27%
uspace tech plans to sell 100% equity of Huizhou Hengchangsheng Technology for 27.1 million yuan.
Uspace tech (01725) announced that on November 22, 2024, the company's wholly-owned subsidiary, Huizhou Hongshengchang Technology Co., Ltd., plans to sell 100% of the shares of Huizhou Hengchangsheng Technology Co., Ltd. to Huizhou Longming Technology Co., Ltd. for 27.1 million yuan. The main business of the target company is property holding, with its main asset being the target property. The target property is located at 11 Qingli Er Road, Shuikou Street, Huicheng District, Huizhou City, Guangdong Province, China. The target property consists of 4 buildings, including a 7-story production workshop, a 9-story dormitory, and two single-story guard rooms, with a total construction area of approximately 45,255 square meters.
Uspace Tech (01725) plans to sell 100% of Huizhou Hengchangsheng Technology for 27.1 million yuan.
uspace tech (01725) announced that on November 22, 2024, its wholly-owned subsidiary Huizhou Hongsheng...
Express News | Uspace Technology - Unit to Sell Huizhou City Eternity Technology for RMB27.1 Mln
U-space Tech plans to issue bonds with a maximum amount of 0.1 billion Hong Kong dollars.
Uspace Tech (01725) announced that on November 4, 2024 (after trading hours), the company entered into a placement agreement with the placing agent, planning to place bonds with a principal amount of up to 0.1 billion Hong Kong dollars through the placing agent, with an annual interest rate of 10 basis points. Assuming full subscription for the bonds, a net fund of approximately 89.8 million Hong Kong dollars will be raised, intended for general working capital and general corporate purposes, including but not limited to aerospace business and potential future investments by the group.
Risks Still Elevated At These Prices As USPACE Technology Group Limited (HKG:1725) Shares Dive 26%
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