HKG:1783

4 stories mentioning HKG:1783Updated 31m ago

Every FINWIRES story that references HKG:1783, newest first.

Envision Greenwise Eyes HK$1.08 Billion via Share Placement, Convertible Bond Issue; Shares Fall 7%

Envision Greenwise (HKG:1783) agreed to a share placement and convertible bond issue to raise total net proceeds of about HK$1.08 billion, according to a Tuesday Hong Kong bourse filing.The company will use about 90% of the proceeds, or HK$969.9 million, to fund its previously announced acquisition of a cloud computing and data center services provider in China.The remaining will be used for working capital and general corporate purposes.The firm will place 117.9 million shares at HK$4.66 apiece, with net proceeds of about HK$538.2 million. It will also issue $70 million of convertible bonds, equivalent to about HK$548.9 million, with net proceeds of about HK$539.5 million.The convertible bonds carry a 5% annual interest rate and have an initial conversion price of HK$5.13 per share.Shares of the firm were down more than 7% in recent trading.

HKG:1783

Asia4d ago

Envision Greenwise to Buy AI Servers for 1.3 Billion Yuan

Envision Greenwise Holdings (HKG:1783) said a China-based unit will acquire high-performance artificial intelligence servers for 1.29 billion yuan, according to a Thursday Hong Kong bourse filing.The company said the servers will support its recently acquired cloud computing business and help meet demand from new customer contracts.The products will be delivered within seven days of full payment and come with a 36-month warranty.Envision Greenwise said it expects to fund the purchase through a combination of internal resources, customer prepayments, and external financing.

HKG:1783

Asia46d ago

Envision Greenwise Turns to Full-Year Profit; Shares Rise 13%

Envision Greenwise (HKG:1783) recorded an attributable profit of HK$60.9 million for the year ended March 31, compared with an attributable loss of HK$15.7 million a year prior, according to a Thursday Hong Kong bourse filing.Shares of the construction company were up over 13% in Friday afternoon trading.Earnings per share stood at HK$0.0217, compared with a loss per share of HK$0.0122 in the previous fiscal year.Revenue surged 183% to HK$2.46 billion from HK$869.7 million in the year-ago period, mainly contributed by substantially higher revenue from reverse supply chain management and environmental-related services.The company recommended a final dividend of HK$0.01 per share for the year, payable on or around Sept. 23 to shareholders of record on Sept. 8.

HKG:1783

Asia60d ago

Envision Greenwise Forecasts Return to Fiscal Profit Amid Higher Revenue

Envision Greenwise (HKG:1783) said it expects HK$58 million to HK$63 million in net profit for the fiscal year ended March 31, reversing a loss of HK$15.7 million a year earlier, according to a Thursday filing with the Hong Kong bourse.The firm attributed the turnaround to a number of factors, including an increase in revenue by over HK$1.5 billion duringthe period.

HKG:1783

Track with the FINWIRES app suite

FolioX

Track HKG:1783 in your portfolio

WheelAI

Analyze HKG:1783 options with the wheel strategy

StockInsider

See market sentiment on HKG:1783