Brief: Hopefluent Group Enters Into Agreement With Poly Developments And Holdings Group For Proposed Restructuring
07/04/2022 15:58
April 7 (Reuters) - Hopefluent Group Holdings Ltd 0733.HK :
* ENTERED INTO AGREEMENT WITH POLY DEVELOPMENTS AND HOLDINGS
GROUP
FOR PROPOSED RESTRUCTURING
* AFTER TRANSFORMATION, HOPEFLUENT & POLY PARTIES WILL
ARRANGE FOR
POLY DEVELOPMENTS TO CEASE TO HOLD ITS 43.9% STAKE IN HOPEFLUENT
CHINA
* APPLICATION HAS BEEN MADE BY CO TO STOCK EXCHANGE FOR
RESUMPTION
OF TRADING IN SHARES FROM 9:00 A.M. ON 8 APRIL
* EXPECTS TO RECORD AN UNAUDITED DISPOSAL LOSS (BEFORE TAX &
EXPENSES) OF HK$282 MILLION
Source text for Eikon: ID:nHKSyf0mr
Further company coverage: 0733.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Hopefluent group
See all newsBrief: Hopefluent Group Expects Loss For HY
Brief: Hopefluent Group FY Revenue Hk$599.4 Million
Brief: Hopefluent Group Expects Loss Attributable Of Hk$280 Million-Hk$330 Million For Year
Brief: Hopefluent Group Posts H1 Loss Attributable Of HKD147.2 MLN
Brief: Hopefluent Group Expects Loss Attributable Of HK$130 Million To HK$160 Million For HY