HKG:3860

3 stories mentioning HKG:3860Updated 31d ago

Every FINWIRES story that references HKG:3860, newest first.

EPS Creative Health Raises R&E Acquisition Consideration; Shares Up 3%

EPS Creative Health Technology (HKG:3860) will issue 60.3 million new shares to settle the revised consideration for its acquisition of a 65% stake in R&E Corporation, according to a Hong Kong bourse filing on Wednesday.The acquisition consideration was increased to about HK$60.3 million from HK$56.2 million after R&E Corporation's actual profit exceeded its agreed profit target.The company expects to complete the share issuance by July 31. The new shares, priced at HK$1.00 each, will represent about 10.4% of its enlarged share capital.Shares of the knitwear apparel maker were up over 3% in recent trade.

HKG:3860

Asia75d ago

EPS Creative Health Warns of Swing to Full-Year Loss

EPS Creative Health Technology (HKG:3860) expects a loss of between HK$9.5 million and HK$11.5 million for the year ended March 31, compared with a profit of HK$30.4 million a year prior, according to Tuesday Hong Kong bourse filing.The knitwear apparel maker attributed the forecast to a decrease in the fair value gain on a promissory note, the absence of a gain on disposals of subsidiaries, and a lower revenue in the garment business segment.

HKG:3860

Asia110d ago

EPS Creative Health Renews Product Purchase Framework With Parent-Linked Supplier

EPS Creative Health Technology (HKG:3860) unit EP Trading entered into a framework purchase agreement with EPS Americas to procure laboratory consumables for three years through March 2029, according to a Monday Hong Kong bourse filing.Shares of the firm were up nearly 2% in Tuesday morning trade.The agreement replaces a prior arrangement that expired on March 31 and covers products, including animal testing consumables such as purified diets, bedding, cages, and related supplies.Proposed annual caps are set at HK$33 million for 2027, HK$36 million for 2028, and HK$39 million for 2029.EPS Americas is a subsidiary of the company's controlling shareholder, EPS Holdings, the filing said.

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