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China YuHua Education Withdraws Convertible Bonds From Stock Exchange
YUHUA EDU (06169): The listing of the 2.088 billion HKD 0.90% convertible Bonds maturing in 2024 has been canceled.
YUHUA EDU (06169) announced that due to the original maturity date of the convertible Bonds being December 27, 2024, ...
Announcement highlights | A subsidiary of China Energy Engineering won an EPC general contracting project worth nearly 5.9 billion yuan; VESYNC received a premium of approximately 33.33% for privatization, and resumes trading today.
China Energy Engineering Corporation's subsidiary has won an EPC general contracting project worth nearly 5.9 billion yuan; SANXUN GROUP's sales in the first 11 months decreased by more than 60% year-on-year.
China YuHua Education's Unit to Dispose Thailand Subsidiary for HK$240 Million
YUHUA EDU (06169.HK) plans to sell educational Assets in Thailand, with a Trade amount reaching 0.24 billion HKD.
Gelonghui, December 27 - YUHUA EDU (06169.HK) announced that on December 27, 2024, the seller (China YUHUA EDU Investment Co., Ltd., a wholly-owned subsidiary of the company) entered into a sale agreement with the buyer (Mr. Xin Yu, a Chinese citizen), under which the seller has agreed to sell and the buyer has agreed to purchase all shares of the target company, for a total acquisition price of 0.24 billion Hong Kong dollars. The proceeds from the sale are intended to be used to repay the group’s already issued convertible Bonds due in 2024. The target company (i.e., Thai Education Holdings Co.,
(1) UPDATE IN RELATION TO THE HK$2,088,000,000 0.90% CONVERTIBLE BONDS DUE 2024 (THE "CONVERTIBLE BONDS"); (2) FURTHER DELAY IN PUBLICATION OF THE ANNUAL RESULTS FOR THE YEAR ENDED 31 AUGUST 2024 AND POSSIBLE DELAY IN DESPATCH OF THE 2024 A...