Future World Closes Acquisition of 100% Stake in Excelerate

MT NewswiresJan 28 18:21

FW HOLDINGS (00572.HK): Completed the acquisition of all shares of Elite Holdings International.

Gelonghui January 28丨FW HOLDINGS (00572.HK) announced that regarding the intended acquisition of all equity and shareholder loans of Elite Holdings International, all conditions precedent under the agreement have been met, and completion has been formalized according to the terms and conditions of the agreement on January 28, 2025. After completion, Zhuoshi Investment Holding Limited will become a direct wholly-owned subsidiary of the company. Therefore, the financial performance, assets, and liabilities of the target group will be consolidated into the group's consolidated financial statements. According to the sales agreement, the price is 2.85 million Hong Kong dollars (net of tangible assets).

Gelonghui FinanceJan 28 13:05

Future World Sells HK$14 Million Worth of Shares

MT NewswiresJan 16 09:24

FW HOLDINGS (00572.HK) issues new shares at a 50% premium to repay 13.91 million yuan in promissory notes.

FW HOLDINGS (00572.HK) announced the issuance of 23.1883 million shares to Zhu Yuxin (the subscriber) at a price of 0.6 HKD per share, which represents a premium of 5.26% compared to the last trading day (15th). The total subscription amount is 13.91 million HKD, and the settlement will be made by offsetting an equivalent amount under the promissory notes that are outstanding. After completion, the subscriber's shareholding in the company will increase to 16.2%, making them a major shareholder.

AASTOCKSJan 16 00:39

FW HOLDINGS (00572) issued 23.1883 million subscription shares to Zhu Yuxin to pay for the promissory note.

FW HOLDINGS (00572) announced that on January 15, 2025 (after trading hours), the company and...

Zhitong FinanceJan 15 22:23

Future World Unit to Acquire Property in Hong Kong

MT NewswiresDec 24, 2024 17:01