LongCheer Holdings

Re: LongCheer Holdings

Postby winston » Wed Aug 22, 2012 9:09 am

Not vested. No Cheer for Longcheer ?

Longcheer Holdings said it expects to report a loss for the fourth quarter and the full year ended June 30, due to an impairment charge recorded on receivables.

Source: Reuters
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: LongCheer Holdings

Postby winston » Wed Jun 25, 2014 9:58 am

not vested

Longcheer Holdings has entered into a conditional sale and purchase agreement with First Prosperous International in relation to the disposal of its entire interest in its wholly-owned subsidiary, Mobell Technology for an aggregate cash consideration of RMB240m.

The proposed disposal is conditional upon the company distributing RMB450m from
(i) its total distributable profits and retained earnings; and
(ii) the net proceeds from the proposed disposal to its shareholders, by way of a cash dividend.


Source: DBS
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

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