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Last $1.81 HKD
Change Today +0.04 / 2.26%
Volume 498.0K
3344 On Other Exchanges
Hong Kong
As of 10:26 PM 05/26/15 All times are local (Market data is delayed by at least 15 minutes).

addchance holdings ltd (3344) Snapshot

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52 Week High
04/22/15 - $1.97
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 of the Group
Total Annual Compensation: $1.5M
Assistant General Manager of Sweater Knitting...
Total Annual Compensation: $427.0K
Compensation as of Fiscal Year 2013.

addchance holdings ltd (3344) Key Developments

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.

Addchance Holdings Seeks Acquisitions

Addchance Holdings Limited (SEHK:3344) will raise an aggregate principal amount of up to HKD 200 million in a private placement of bonds. Addchance will use the proceeds for general working capital of the group and to finance any future possible suitable acquisition and/or investment opportunities.

Addchance Holdings Limited Announces Executive Changes, Effective April 01, 2015

The board of directors of Addchance Holdings Limited announced that, due to internal job reallocation, Ms. Fung Ka Lai has tendered her resignation as the company secretary and authorised representative of the company with effect from 1 April 2015. Ms. Fung has confirmed that she has no disagreement with the Board and that there is no matter in relation to her resignation as the company secretary and authorised representative of the company that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the company. Ms. Fung will continue to serve as the financial controller of the company and its subsidiaries. The Board also announced that Ms. Chang Kam Lai has been appointed as the company secretary and authorised representative of the company with effect from 1 April 2015. Ms. Chang has extensive experience in auditing, accounting and company secretarial fields.


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