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FIRST SERVICE (02107.HK) has been acquired by Executive Director Liu Peiqing, who increased his shareholding by 0.35 million shares.
On January 3, Glonghui reported that according to the latest equity disclosure information from the Stock Exchange, on December 30, 2024, FIRST SERVICE (02107.HK) was increased by Executive Director Liu Peiqing by 350,000 shares at an average price of HK$0.28 per share, involving approximately HK$98,000. After the shareholding increase, Liu Peiqing's latest number of shares held is 12.99125 million shares, with the shareholding percentage increasing from 1.00% to 1.03%.
First Service Holding Updates Outstanding Receivables
First Service Delays Circular on Major Transactions
First Service Subsidiary to Inject 16.5 Million Yuan in Capital for Investment
First Service Holding Settles Receivables With Property Transfers
FIRST SERVICE (02107.HK) has entered into an offset agreement with MODERN LAND Group.
On December 23, 2023, FIRST SERVICE (02107.HK) announced that on December 23, 2024, the group signed offset agreements with MODERN LAND Group, whereby the members of the group agreed to settle the unpaid receivables owed to them by members of MODERN LAND Group mainly through the transfer of such properties. MODERN LAND had previously been able to fulfill its payment obligations according to the terms of the relevant individual agreements. However, starting in 2024, the receivables began to experience delayed settlements, which the group understands is mainly due to various adverse factors such as the macroeconomic environment, the environment in the Real Estate Industry, and the COVID-19 pandemic.
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