Firstone International Holdings

24 Dec 1997

Food-maker Firstone International Holdings says its chairman has converted 50 convertible preference shares in a move which will dilute the stake of the largest shareholder, red-chip company...

6:35PM

Guangnan takes a 22pc stake

17 Nov 1997

Food and electronics manufacturer Firstone International Holdings says that its share placement in red chip Guangnan (Holdings) was successfully completed on Friday. The transaction makes Guangnan...

2:47PM

Firstone extends deadline

31 Oct 1997

Electronics trader Firstone International Holdings will further extend the deadline for its issue and placement of new shares to major shareholder Guangnan (Holdings). The original September 30...

1:12PM

Firstone issue oversubscribed

4 Aug 1997

Firstone International Holdings, which has recently enlisted red-chip Guangnan (Holdings) as its new major shareholder, has reported its rights issue was 2.36 times subscribed.

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3:59AM

Guangnan in Firstone deal

18 Jul 1997

Red chip Guangnan (Holdings) will spend $120 million for 313 million new shares, or 22.5 per cent of enlarged capital, in food firm Firstone International Holdings. The subscription price is 40...

2:30AM

Red chip eyes Firstone stake

16 Jul 1997

Red chip Guangnan (Holdings) is negotiating to take 20 per cent of cash-strapped Firstone International Holdings as a strategic investment. A source close to the company said negotiations were...

1:59AM