4 stories mentioning SHE:002400Updated just now
Every FINWIRES story that references SHE:002400, newest first.
Guangdong Advertising (SHE:002400) directors allowed management to sell off its investments held in China and overseas for a two-year period, according to a Thursday filing with the Shenzhen bourse.The sales will help the advertising company boost its liquidity, it said.
Guangdong Advertising (SHE:002400) said its board approved a 5 million yuan capital increase in its 50-50 joint venture, Guangdong Guangdaibo Advertising & Marketing.The capital injection will be split equally between the advertising and marketing company and Japan's Hakuhodo, with each contributing 2.5 million yuan, according to a Thursday filing with the Shenzhen bourse.Guangdong Guangdaibo Advertising & Marketing's registered capital will rise to 12 million yuan from 7 million yuan.Shares of Guangdong Advertising closed 2% higher Thursday.
Guangdong Advertising (SHE:002400) subsidiary Qianhai Investment will invest 40 million yuan for a 4.26% stake as a limited partner in the L Catterton (Guangzhou) Consumer Equity Investment Fund.The fund, with a total scale of 940.0 million yuan, targets consumer sectors, according to a Thursday filing with the Shenzhen bourse.Shares of Guangdong Advertising closed 2% higher Thursday.
Guangdong Advertising (SHE:002400) said its board approved the early termination of a 15-year lease contract for the East Tower of Jinguang Building in China's Guangdong Province.The property, spanning 3,492 square meters in Guangzhou, was leased to Guangdong Hanfei Plastic Surgery Hospital from October 2017 under a term ending September 2032, according to a Thursday filing with the Shenzhen bourse.The advertising and marketing company may re-list the property through a property rights exchange.
