Jiangxi Bestoo Energy (SHE:001376) looks to raise up to 272.8 million yuan from the sale of 27.7 million shares to controlling shareholder Beijing Baitong Huanyu Technology under a private placement deal at 9.85 yuan apiece, according to a Friday filing with the Shanghai/Shenzhen bourse.
Related Articles
Asia
Man King Forecasts Turnaround to Full-Year Profit
Man King Holdings (HKG:2193) expects a net profit of between HK$6 million and HK$9.6 million for the year ended March 31, compared with a net loss of HK$21.1 million a year prior, according to a Friday Hong Kong bourse filing.The construction company attributed the forecast to an improved gross profit of various construction projects, as well as the absence of one-off impairment of financial assets as was seen in the year-ago period.
$HKG:2193
Asia
Hwatsing Technology to Raise 400 Million Yuan from Private Placement
Hwatsing Technology (SHA:688120) plans to raise up to 400 million yuan from the sale of 35.4 million shares to 35 investors under a private placement, according to a Friday filing with the Shanghai bourse.Proceeds will be used to fund integrated circuit and semiconductor equipment research and development, as well as wafer regeneration and expansion projects, the filing said.
$SHA:688120
Asia
Pokfulam Development Turns to Half-Year Profit
Pokfulam Development (HKG:0225) recorded an attributable profit of HK$43.6 million for the six months ended March 31, compared with an attributable loss of HK$131 million a year prior, according to a Friday Hong Kong bourse filing.Basic EPS stood at HK$0.40 in the half year, compared with a basic loss per share of HK$1.19 in the corresponding period of the previous fiscal year.Revenue slipped slightly to HK$84.2 million from HK$85.9 million in the year-ago period.The firm declared an interim dividend of HK$0.04 per ordinary share for the period, payable July 2 to shareholders of record as of June 18.
$HKG:0225