FAR International Holdings Group Signs MoU for Proposed Fason Investment Stake Acquisition

MT NewswiresMar 10 11:29

Fanyu International (02516) plans to acquire no less than 60% equity of Kuaishun Investment.

Pan Yuan International (02516) announced that on March 7, 2025 (after trading hours), the company (as the potential buyer), Shunchang Kuaida Holdings Limited (as the potential seller) ("potential seller") and Kuaishun Investment Limited (as the target company) ("target company") (collectively referred to as "contracting parties") entered into a non-binding memorandum of understanding regarding the company's proposal to acquire not less than 60% equity in the target company (currently 100% held by the potential seller).

Zhitong FinanceMar 10 06:18

FAR International CEO Steps Down; Successor Named

MT NewswiresMar 3 08:51

Fan Yuan International (02516): Wang Tiantian has been appointed as the CEO.

Fan Yuan International (02516) announced that Wang Quan has resigned as the company's Chief Executive Officer to dedicate more time to the Board of Directors chairman...

Zhitong FinanceMar 3 06:27

Fanyuan International (02516.HK) received a shareholding of 3.4433 million ordinary shares from Zhu Jiong, worth approximately 2.7547 million Hong Kong dollars.

On January 10, it was reported that, according to documents disclosed by the Hong Kong Stock Exchange on January 10, Zhu Jiong increased his shareholding by acquiring 3.4433 million ordinary shares of $Fanyuan International (02516.HK)$ at an average price of HKD 0.8 per share on January 9, amounting to approximately HKD 2.7547 million. After the increase, Zhu Jiong's latest shareholding totaled 8.3861 million shares, raising the proportion from 0.63% to 1.08%. Image source: Stock rights disclosure of the Stock Exchange. What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) must disclose their equity interests in listed companies. Listed companies

Futu NewsJan 10 17:08

Far International Holdings Group's Subsidiary to Acquire 30% Membership Interests in Group's Supplier in U.S.

MT NewswiresJan 7 21:24