Weilong Delicious Global Units and Affiliate Invest 100 Million Yuan in JV Firm

MT Newswires Live06-21

Two units of Weilong Delicious Global Holdings (HKG:9985) along with He He Investment will subscribe for a total of nearly 100 million shares in JV firm HONGLONG International Holdings for 100 million yuan, a Thursday bourse filing said.

Of this, 81 million, 9.5 million, and 9.5 million shares in the JV company will be issued to the three shareholders WEILONG Investment Holdings, Yizheng Innovation Management, and He He Investment, respectively.

The investment was made in proportion to the shares the three parties already hold in HONGLONG International, according to the filing. Following the issue, the JV company's issued share capital will increase to 100 million ordinary shares from 1,000 shares previously.

He He Investment is owned entirely by HH Green Philosophy and HH Innovation Group, which are both controlling shareholders of Weilong Delicious Global.

Shares of snack food manufacturer Weilong Delicious Global closed over 3% higher on Friday.

Price (HKD): $6.26, Change: $+0.20, Percent Change: +3.30%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2445737841?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-06-21 18:25","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2445737841","market":"nz","top_or_hot":-1,"title":"Weilong Delicious Global Units and Affiliate Invest 100 Million Yuan in JV Firm","media":"MT Newswires Live","content":"<html><body><p> Two units of Weilong Delicious Global Holdings (HKG:9985) along with He He Investment will subscribe for a total of nearly 100 million shares in JV firm HONGLONG International Holdings for 100 million yuan, a Thursday bourse filing said. </p><p>Of this, 81 million, 9.5 million, and 9.5 million shares in the JV company will be issued to the three shareholders WEILONG Investment Holdings, Yizheng Innovation Management, and He He Investment, respectively. </p><p>The investment was made in proportion to the shares the three parties already hold in HONGLONG International, according to the filing. Following the issue, the JV company's issued share capital will increase to 100 million ordinary shares from 1,000 shares previously.</p><p>He He Investment is owned entirely by HH Green Philosophy and HH Innovation Group, which are both controlling shareholders of Weilong Delicious Global. </p><p>Shares of snack food manufacturer Weilong Delicious Global closed over 3% higher on Friday. </p><p>Price (HKD): $6.26, Change: $+0.20, Percent Change: +3.30%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Weilong Delicious Global Units and Affiliate Invest 100 Million Yuan in JV Firm</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWeilong Delicious Global Units and Affiliate Invest 100 Million Yuan in JV Firm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-21 18:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two units of Weilong Delicious Global Holdings (HKG:9985) along with He He Investment will subscribe for a total of nearly 100 million shares in JV firm HONGLONG International Holdings for 100 million...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2445737841","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2445737841","pubTimestamp":1718965504,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Two units of Weilong Delicious Global Holdings  along with He He Investment will subscribe for a total of nearly 100 million shares in JV firm HONGLONG International Holdings for 100 million yuan, a Thursday bourse filing said. Of this, 81 million, 9.5 million, and 9.5 million shares in the JV company will be issued to the three shareholders WEILONG Investment Holdings, Yizheng Innovation Management, and He He Investment, respectively. The investment was made in proportion to the shares the three parties already hold in HONGLONG International, according to the filing. Following the issue, the JV company's issued share capital will increase to 100 million ordinary shares from 1,000 shares previously.He He Investment is owned entirely by HH Green Philosophy and HH Innovation Group, which are both controlling shareholders of Weilong Delicious Global. Shares of snack food manufacturer Weilong Delicious Global closed over 3% higher on Friday. Price : $6.26, Change: $+0.20, Percent Change: +","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4526":"热门中概股","09985":"卫龙美味","BK4023":"应用软件","BK4585":"ETF&股票定投概念","BK1237":"包装食品与肉类","HKD":"尚乘数科"},"translate_title":"卫龙美味全球单位及附属公司向合资公司投资1亿元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HKD":1,"09985":0.9},"content_text":"Two units of Weilong Delicious Global Holdings (HKG:9985) along with He He Investment will subscribe for a total of nearly 100 million shares in JV firm HONGLONG International Holdings for 100 million yuan, a Thursday bourse filing said. Of this, 81 million, 9.5 million, and 9.5 million shares in the JV company will be issued to the three shareholders WEILONG Investment Holdings, Yizheng Innovation Management, and He He Investment, respectively. The investment was made in proportion to the shares the three parties already hold in HONGLONG International, according to the filing. Following the issue, the JV company's issued share capital will increase to 100 million ordinary shares from 1,000 shares previously.He He Investment is owned entirely by HH Green Philosophy and HH Innovation Group, which are both controlling shareholders of Weilong Delicious Global. Shares of snack food manufacturer Weilong Delicious Global closed over 3% higher on Friday. Price (HKD): $6.26, Change: $+0.20, Percent Change: +3.30%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2445737841"}