KUANGCHI (00439.HK) -0.120 (-2.154%) issued a clarification announcement and stated that the MOU was entered into among the company, Airways Corporation of New Zealand Limited and Pengxin Mining International Company Limited (Pengxin) to cooperate and undertake test launch(es) of the near space flying apparatus in New Zealand instead of entered into among the company and Shanghai Pengxin Group Company Limited (SPGC). Therefore, the proposed cooperation under the MOU will also be performed by Pengxin instead of by SPGC.
UCD (01599) plans to raise Rmb600m from A shares issue Beijing Urban Construction Design & Development Group (UCD) (01599) said it proposes to apply for initial public offering of Renminbi ordinary shares and listing. The number of public issuance of shares amounts to not more than 149.86 million shares. The issuance price of A shares shall not be lower than Rmb2.91 per share. The total proceeds raised from the issuance of A shares amount to Rmb600 million, which will be used for upgrading and reconstructing project of the design centre, the national engineering...
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