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Simplicity Holdings (08367.HK) terminates the maximum of 0.23 billion shares of new shares for allotment.
According to the announcement from simplicity hldg (08367.HK) on October 31, it is related to the placement of up to 0.23 billion new shares. The board of directors announced that since the conditions under the placement agreement could not be reached by October 31, 2024, the placement agreement has expired on October 31, 2024. In accordance with the terms and conditions of the placement agreement, all rights, obligations, and responsibilities of the parties to the placement matters under the placement agreement will cease and terminate, and the parties to the agreement shall not make any claims against each other on the placement matters (except for any prior breaches and/or any amounts that may be due under the placement agreement prior to the termination).
Simplicity hldg (08367) plans to discount approximately 17.24% of the rights issue, with a maximum net fundraising of approximately 5.4 million Hong Kong dollars.
Simplicity hldg (08367) announced that on October 10, 2024, the company intends to issue shares through placement agents to no fewer than...
Express News | Simplicity Holding Ltd - to Place up to 230.2 Mln New Shares at a Price of HK$0.024 per Placing Share
Simplicity hldg (08367.HK) intends to purchase assets such as air cushion container trucks for 5 million Hong Kong dollars.
On September 23, Gelonhui announced that Simplicity Holdings (08367.HK) disclosed that on September 23, 2024, its indirectly wholly-owned subsidiary Junxuan Engineering Co., Ltd. and the seller Xili Co., Ltd. entered into a purchase and sale contract for the purchase of assets at a price of 5 million Hong Kong dollars. The price is based on the current market value of similar assets, as determined by both parties through fair negotiations in accordance with normal commercial terms. The "assets" include 1.3 air cushion freight containers (vehicle registration numbers: SU2889, TV6765, TX7199); 2.6 air cushion trailers; 3.2 38-ton crane trucks (vehicle registration numbers: UM9.
Express News | Simplicity - Unit to Buy 3 Units Air Ride Tractor, Among Others From Kania Ltd for HK$5 Mln
Express News | Simplicity Holding Ltd - Acquisition of Assets
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