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CHINASILVER TEC (00515.HK) subscribes to 51% equity of a company engaged in Consumer goods trading and E-Commerce.
On December 27, Glonghui announced that CHINASILVER TEC (00515.HK) will enter into a joint venture agreement on December 27, 2024, with Asia Vets South Network Group Limited (a wholly-owned subsidiary of the company) and the Hong Kong The Pacific Life Science Brand Management Company. The agreement involves the subsidiary of the listed company proposing to subscribe for newly issued shares (accounting for 51% of the total issued capital of the joint venture company after subscription), with a total subscription price of 0.51 million HKD.
chinasilver tec (00515.HK) is being sued by banks' creditors in civil litigation to repay over 0.3 billion RMB.
Chinasilver tec (00515.HK) announced that a bank creditor has filed a civil lawsuit in the Zhongshan Court of Guangdong Province, claiming that the company and several of its subsidiaries owe loans and is demanding the defendant to repay a total of approximately 0.336 billion yuan. Chinasilver tec stated that it is seeking legal advice regarding this matter. (js/w)~
Chinasilver tec (00515.HK): is seeking legal advice regarding the lawsuit for bank loan default.
Gelonghui reported on December 8 that chinasilver tec (00515.HK) announced that a bank creditor ("creditor") has filed a civil lawsuit in the Zhongshan City Court of Guangdong Province, claiming that the company and several of its subsidiaries (collectively referred to as "defendants") are in default on loans and requesting the defendants to repay a total amount of approximately 0.336 billion yuan (including principal, interest, penalties, and other damages). The company is seeking legal advice on this matter and will publish further announcements in due course.
chinasilver tec (00515.HK) received an off-market shareholding of 0.22 billion ordinary shares from Wah Hung Property Investment Limited and its related parties, worth approximately 13.2 million Hong Kong dollars
On November 20th, according to the documents disclosed by the Hong Kong Stock Exchange on November 20th, Wah Hung Property Investment Limited increased its off-market shareholding of chinasilver tec (00515.HK) by an average of $0.06 per share on November 14, with a total of 0.22 billion shares of common stock, valued at approximately 13.2 million Hong Kong dollars. After the shareholding, Wah Hung Property Investment Limited's latest shareholding number is 0.22 billion shares, and the holding ratio has increased from 0.00% to 19.41%.
chinasilver tec [00515] is now trading at 0.076 Hong Kong dollars, with a rise of 11.77%.
As of 14:00, chinasilver tec [00515] reported 0.076 Hong Kong dollars, up 0.008 Hong Kong dollars or 11.77% from the closing price of 0.068 Hong Kong dollars yesterday, with a turnover of 0.0008 million Hong Kong dollars. The highest price today is 0.076 Hong Kong dollars, and the lowest price is 0.076 Hong Kong dollars. Based on the closing price of yesterday, the 10-day average price is 0.07 Hong Kong dollars, and the 50-day average price is 0.09 Hong Kong dollars. The current pe ratio is -1.47 times, and the 14-day relative strength index is 26.67.
CHINASILVER TEC: INTERIM REPORT 2024
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