REMT (00601.HK) terminates the supply offering and underwriting agreement.

REMT (00601.HK) announced that it has received notification from the underwriter to immediately terminate the underwriting agreement for the rights issue. The reason is a significant drop in the company's stock price of approximately 50.5% from November 19 to December 19. Therefore, the rights issue will no longer proceed and has become invalid.

AASTOCKSDec 22 21:42

REMT (00601.HK): Shen Yimin has been appointed as an independent non-executive Director.

Gelonghui, December 20th - REMT (00601.HK) announced that Shen Yimin has been appointed as an independent non-executive director, effective December 20, 2024. At the same time, Mr. Shen has been appointed as a member of the Board of Directors' Audit Committee, effective from the same date.

Gelonghui FinanceDec 20 16:38

Hong Kong Stock Movement | remt (00601) fell over 27% during the session and plans to conduct a rights issue at a discount of approximately 43.88% on a "2 for 1" basis.

remt (00601) fell by over 27% during the session, as of the time of writing, down 27.55%, reported at 0.142 HKD, with a trading volume of 1.0427 million HKD.

Zhitong FinanceNov 20 10:24

remt (00601.HK) issued a 43.88% discount on the rights issue, raising a minimum of 32.59 million yuan.

Remt (00601.HK) announced a proposal for a two-for-one supply, issuing 0.296 billion shares; the subscription price is 0.11 yuan, reflecting a discount of 43.88% compared to the closing price on the last trading day (19th). It aims to raise at least 32.59 million yuan, with an estimated net amount of 29.18 million yuan, intended for upgrading the production facilities of Xinjiang Tengxiang; promoting the growth of the existing magnesium business; and operational expenses.

AASTOCKSNov 20 00:56

Century Sunshine Group Expands Stake in REMT

TipRanksNov 19 23:10

remt (00601) plans to conduct a rights issue at a discount of approximately 43.88% based on a "2 for 1" basis.

remt (00601) announced that the company proposes to offer subscription shares at a price of HK$0.110 per share on the record date...

Zhitong FinanceNov 19 22:03