01825 STERLING GP
- 0.118
- +0.005+4.42%
STERLING GP News
Sterling gp (01825) completed the issuance of 48 million shares for placement.
Sterling gp (01825) announced that all conditions set out in the placement agreement have been met, and...
Sterling GP plans to offer a discount of approximately 1.8% on up to 48 million shares of its stock offering, with a net fundraising of approximately 5.12 million Hong Kong dollars.
STERLING GP (01825) released a statement on July 30, 2024, announcing that the company entered into a placement agreement with the placement agent. The placement agent (as the company's agent) conditionally agreed to use its best efforts to encourage no less than six underwriters (including themselves and their ultimate beneficiaries, who must be independent third parties) to subscribe for up to 48 million placement shares at a placement price of HKD 0.11 per share. The placement shares are equivalent to approximately 16.7% of the total number of issued shares after the placement and the issuance of new placement shares (assuming that from the date of this announcement to the completion date, excluding the issuance of placement shares, the total number of issued shares remains unchanged).
Sterling GP (01825.HK) plans to offer a discount of approximately 1.8% for the sale of up to 48 million shares, with a net raising of HKD 5.12 million.
On July 30th, Gelunhui announced that STERLING GP (01825.HK) and its placement agent entered into a placement agreement on July 30, 2024. Accordingly, the placement agent (acting as the Company's agent) conditionally agrees to use its best efforts to encourage no less than six underwriters (who and their ultimate beneficial owners must be independent third parties) to subscribe for up to 48 million shares of placement shares at a placement price of HKD 0.11 per share. The placement shares represent approximately 16.7% of the total issued share capital after the placement and the issuance of placement shares (assuming that, from the date of this announcement to the completion date, except for the issuance
Express News | Sterling Group Holdings Ltd - to Place up to 48 Mln Placing Shares at HK$0.11 per Share
Sterling Group Issues Demand Letters for Outstanding Balances Worth $22 Million
Sterling gp (01825) issued a payment notice letter to JPO and Tritech.
Sterling gp (01825) issued an announcement stating that the company is discussing with TriTech and JPO to finalize the loan agreement...
Express News | Sterling Group - Issued Demand Letter to Santai for Repayment of Outstanding Balance of US$18.1 Mln to Group
STERLING GP: ANNUAL REPORT 2024
Sterling Group Holdings Swings to Loss in Fiscal 2024
Sterling GP (01825.HK) had a net loss of HKD 18.36 million this year, compared to a profit last year.
On June 28th, Sterling GP (01825.HK) announced that for the fiscal year ending March 31, 2024, the group's revenue was approximately HKD 571,391,000, which is equivalent to approximately HKD 623,433,000 in the previous year. Despite the deteriorating business environment and increased pricing pressure, the group maintained a gross margin of 16.1% for the reviewed year, compared to 17.2% for the same period. It suffered a loss of HKD 18.36 million during the year, a decrease compared to the profit of HKD 19.93 million for the same period in the previous year.
Meizhen Group (01825) announced its annual performance with a net loss of 18.36 million Hong Kong dollars, a year-on-year switch from profit to loss.
According to the annual performance report ending on March 31, 2024 released by Beauty and Joy International (01825), the group achieved a revenue of HKD 571 million, a year-on-year decrease of 8.35%; a loss of HKD 18.36 million for the year, compared to a net profit of HKD 199.27 million in the same period last year; and a loss per share of 7.65 HK cents. The announcement stated that considering the severe macroeconomic environment of high interest rates and weakened consumer confidence, as well as the reduced number of customers, the 8.4% decline in revenue is actually a reflection of a slowdown in growth, which is expected.
STERLING GP: ANNOUNCEMENT OF AUDITED ANNUAL RESULTSFOR THE YEAR ENDED 31 MARCH 2024
Sterling Group Warns of Up to HK$20 Million Full-Year Loss
Sterling gp (01825) issued a profit warning, expected to incur a net loss of approximately HKD 16-20 million for the year.
Sterling GP (01825) has announced that the group expects to end by March 31, 2024...
Sterling GP (01825): Zeng Haoxian resigned as an independent non-executive director.
Sterling GP (01825) announced that Tsang Ho Yin has resigned as an independent non-executive director of the board of directors...
Express News | Sterling Group Sees Decrease in Revenue and Higher Finance Costs for Year
Express News | Sterling Group Sees Net Loss of HK16.0 Mln to HK20.0 Mln for Year
Sterling GP (01825.HK) will hold a board of directors meeting on June 27 to approve the final performance.
STERLING GP (01825.HK) has announced that the board of directors will hold a meeting on June 27, 2024 to review and approve the year-end performance of the company and its subsidiaries until March 31, 2024, as well as consider the payment of the final dividend (if any).
STERLING GP: SUPPLEMENTAL ANNOUNCEMENT(1) MAJOR AND CONNECTED TRANSACTION;(2) CONTINUING CONNECTED TRANSACTION ANDCONNECTED TRANSACTION;(3) MAJOR TRANSACTION;(4) DISCLOSEABLE AND CONNECTED TRANSACTIONS; AND(5) DISCLOSURE PURSUANT TO RULE 13...
The Sterling Group Raises $3.5 Billion in Oversubscribed Sixth Private Equity Fund
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