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Hatcher Group (08365.HK) has appointed Bailey Financial as the independent financial advisor.
On November 15, 2023, Hatcher Group (08365.HK) announced that the board of directors is pleased to declare that Bricolage Financial Limited (a licensed corporation regulated under the Securities and Futures Ordinance to conduct Type 6 activities, providing advice on corporate finance) has been appointed as an independent financial advisor. The advisor will provide opinions to the independent board committee regarding the fairness and reasonableness of the proposed trade related to the rights issue, underwriting agreement, wash sale exemption, convertible bond subscription, and make recommendations on voting.
Hatcher Group (08365.HK) plans to collaborate with Chromatic Media in the gaming industry for a global strategy partnership.
The hatcher group (08365.HK) announced on September 26 that on September 26, 2024, the company signed a non-legally binding letter of intent with Chromatic Media (the "target company"). According to the letter of intent, the company intends to carry out a potential trade, invest approximately $5 million to establish a wholly-owned subsidiary registered in a gambling-friendly jurisdiction, and strategically cooperate with the target company in the development of the company in the game industry. Based on the management situation of the target company, the company understands that the target company is mainly engaged in its social game platform.
hatcher group (08365) intends to invest approximately $5 million to establish a wholly-owned subsidiary in a gambling-friendly jurisdiction for registration.
hatcher group (08365) announced that on September 26, 2024 (after the trading session), the company entered into an agreement with Chr...
Express News | Hatcher - Possible Transaction to Invest an Amount of Approximately US$5.0 Mln in Establishment of a Wholly-Owned Subsidiary
Express News | Hatcher Group Ltd - Letter of Intent in Relation to Possible Investment
Hatcher Group announced the proposed implementation of a reduction in share capital.
Hatcher Group (08365) announced that the company hereby proposes to implement a reduction of share capital. This involves canceling the fully paid-up share capital per share of issued ordinary shares of HK$0.24, thereby reducing the par value per share of issued shares from HK$0.25 to HK$0.01. After the reduction, the issued ordinary shares with a par value of HK$0.01 per share in the company's share capital will become a new ordinary share. The income generated from the reduction of share capital will be used to offset the cumulative losses of the company as of the effective date of the share capital reduction, thereby reducing the company's accumulated losses. Any remaining balance (if applicable) will be transferred to a company distributable reserve account that the directors can use as distributable reserves. Following closely.
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