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Last $1.76 HKD
Change Today 0.00 / 0.00%
Volume 14.6M
3344 On Other Exchanges
Hong Kong
As of 4:01 AM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

addchance holdings ltd (3344) Snapshot

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06/18/15 - $1.98
52 Week Low
10/28/14 - $1.00
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Current Stock Chart for ADDCHANCE HOLDINGS LTD (3344)

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addchance holdings ltd (3344) Details

Addchance Holdings Limited, an investment holding company, manufactures and sells dyed yarns and knitted sweaters. Its products include dyed yarns made of cotton, cashmere, ramie, rayon, acrylic, polyester, silk, wool, nylon, and linen; and knitted sweaters comprising cardigans and pullovers. The company also provides yarn-dyeing and knitting services, and trades in cotton raw white yarn and fancy yarn. In addition, it is involved in the manufacture and sale of knitted clothes, hats, gloves, socks, and scarves, as well as in property holding business. Addchance Holdings Limited operates in the People's Republic of China, Hong Kong, other Asian countries, Europe, and North America. The company was founded in 1981 and is headquartered in Kwai Chung, Hong Kong. Addchance Holdings Limited is a subsidiary of Powerlink Industries Limited.

12,000 Employees
Last Reported Date: 04/27/15
Founded in 1981

addchance holdings ltd (3344) Top Compensated Officers

Managing Director of the Group and Executive ...
Total Annual Compensation: $1.5M
Total Annual Compensation: $1.5M
Vice Chairman
Total Annual Compensation: $1.5M
Assistant General Manager of Sweater Knitting...
Total Annual Compensation: $816.0K
Compensation as of Fiscal Year 2014.

addchance holdings ltd (3344) Key Developments

Addchance Holdings Announces Management Changes

Addchance Holdings Limited announced that with effect from 15 June 2015, Mr. Zhuang Zhongxi resigned as an independent non-executive Director and ceased to be a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee; and Mr. Chan Shu Kin has been appointed as an independent non-executive Director, the chairman of the Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee. Mr. Chan, aged 60, is a certified public accountant and is a partner of Messrs. Ting Ho Kwan & Chan, Certified Public Accountants. Mr. Chan has over 38 years of experience in the field of auditing, accounting as well as financial management. He is an associate member of the Institute of Chartered Accountants in England and Wales, a fellow member of each of the Association of Chartered Certified Accountants in the United Kingdom and the Hong Kong Institute of Certified Public Accountants. He is also a Certified Tax Advisor of the Taxation Institute of Hong Kong and the past president of the Society of Chinese Accountants and Auditors.

Addchance Holdings Limited Announces Retirement of Mr. Chan Tsz Fu as an Independent Non-Executive Director

Addchance Holdings Limited announced the retirement of Mr. Chan Tsz Fu as an independent non-executive Director of the Company upon the conclusion of the AGM.

Addchance Holdings Limited to Raise $25.79 Million in Private Placement of Bonds

Addchance Holdings Limited has agreed to raise an aggregate principal amount of up to HKD 200 million ($25.79 million) in a private placement of bonds. The bonds will be placed in denomination of HKD 10 million ($1.28 million) each. The issue price of the bonds is 100% of the principal amount of the bonds. Interest rate is 6% per annum, accrued daily on a 365-day year basis and payable annually in arrears, up to the maturity date of the relevant bonds. The bonds will mature on eighth anniversary of the date of issue of the relevant bond.


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