Zhengwei Group Changes Year End Date to June 30

MT NewswiresNov 19 20:47

Zhengwei Group Seeks HK$6 Million Via Private Placement

MT NewswiresNov 19 16:51

Zhengwei Group (02147.HK) proposes to place a maximum of 0.16 billion shares at a discount of approximately 19.15%, raising a net of 5.76 million Hong Kong dollars.

Grainews November 18 - zhengwei group (02147.HK) announced that on November 18, 2024, the company entered into a placing agreement with the placing agent, whereby the company appointed the placing agent to act as its agent to use its best efforts to facilitate no less than six placees to subscribe for up to 0.16 billion placing shares at a price of HK$0.038 per placing share in accordance with the terms of the placing agreement and subject to its conditions and restrictions. The placing shares will be allotted and issued under the general mandate for issuing and offering new shares. The placing price is equivalent to HK$0.047 per share on November 18, 2024 (i.e. the last trading day), representing a discount of about 1 HK cent to the closing market price per share reported by the Stock Exchange of Hong Kong Limited.

Gelonghui FinanceNov 18 22:49

Zhengwei group (02147.HK) changes the fiscal year-end date.

Grain Group announced on November 15th that the company's fiscal year end date has been changed from December 31st to June 30th, effective immediately. Therefore, the company's next fiscal year end date will be June 30, 2025, and the next audited financial statements to be published by the group will cover a period of eighteen months from January 1, 2024 to June 30, 2025.

Gelonghui FinanceNov 15 22:49

zhengwei group announced the failure of the distribution agreement.

Zhengwei Group (02147) announced that due to the failure to reach the preconditions of the placement agreement (as revised by the first supplemental agreement and the second supplemental agreement) before November 11, 2024, the placement agreement expired on November 11, 2024, and the placement will not proceed. In accordance with the placement agreement, the placement agent and all responsibilities of the company will cease and terminate, and neither party can make any claims against the other party (except for any previous breaches of obligations under the placement agreement). The board of directors believes that the expiration of the placement agreement will not have a significant adverse impact on the group's existing business operations and financial condition.

Sina Hong Kong stocksNov 12 07:25

Zhengwei Group Extends Share Placement Deadline

TipRanksOct 18 23:07