HKG:0379

2 stories mentioning HKG:0379Updated 38d ago

Every FINWIRES story that references HKG:0379, newest first.

China Ever Grand Financial In Talks to Acquire China Fusion Times Technology

China Ever Grand Financial Leasing Group (HKG:0379) said it is in talks to acquire China Fusion Times Technology, according to a Hong Kong bourse filing Thursday.The hygiene products maker's shares gained nearly 2% in late morning trade Monday.Th firm said it entered a memorandum of understanding to negotiate the purchase of the advanced thermal management company in exchange for its shares.The company plans to enter a definitive agreement by Oct. 31 following due diligence.The firm cautioned that talks were in the preliminary stage and nothing had been agreed to so far.

HKG:0379

Asia56d ago

Ever Grand Financial in Talks to Acquire Business in China

China Ever Grand Financial Leasing Group (HKG:0379) is in talks to acquire a thermal management business in China, according to a Hong Kong bourse filing Thursday.Shares of the hygiene products maker fell nearly 11% in late morning trade Friday.The acquisition would come as the firm explores the possibility of expanding its business into the area of advanced thermal management materials and equipment.The firm cautioned that talks were in the preliminary stage and nothing had been agreed to so far.

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