Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Yeah I know. It’s going to bang soon enough. Never been an AIM company from day one.
Gerry's mentioned it's in discussions twice during interviews Hutchy. Now that would be hugeeeeeeee news!
Maybe so, would explain why they would want to split the skin side of the business more then.
We know Gerry has mentioned a spinoff on the Hong Kong stock exchange.
On 9 December 2020, China Resources Mixc Lifestyle Services Limited (“CR Mixc Lifestyle” or the “Company”; 1209.HK), the eighth Hong Kong listed company under China Resources Group (“CR Group”), was officially listed on the main board of the Hong Kong Stock Exchange (“HKEX”). The listing ceremony was graced by CR Group leaders Wang Xiangming, Ma Lu, Li Fuli and Pan Fu, former chairman Dr Fu Yuning, executives of group departments, China Resources Power, China Resources Land (“CR Land”) and CR Mixc Lifestyle, as well as the sponsor team, cornerstone investors, agencies, business partners and media.
Chairman Wang Xiangming and senior executives at CR Land jointly sounded the gong on the 66th floor of China Resources Building to announce the official listing and trading of CR Mixc Lifestyle in Hong Kong. A spin-off from CR Land (1109.HK), CR Mixc Lifestyle offered 550 million shares at HK$22.30 each, assuming that the over-allotment option is not exercised. After deducting the underwriting commission payable for the global offering and other estimated expenses, the net fund raised was approximately HK$12 billion.
Based on the offer price and the cornerstone investment agreements, the Company allotted and issued 225,989,200 shares to seven cornerstone investors, including Government of Singapore Investment Corporation (GIC), Hillhouse Capital, Ping An, CDH Investments, Matthews Funds, China Structural Reform Fund (CSRF) and GLP.
The establishment of CR Mixc Lifestyle by spinning off the commercial operations and property management businesses from CR Group and CR Land marks a strategic move to adapt to the new era and drive new development. CR Mixc Lifestyle is characterized by a comprehensive range of businesses, customers, products and services, and is committed to building a lifestyle service platform covering life, shopping and work. Upon successful listing, the Company will focus on accelerating its business landscape, constantly improving its service quality, and proactively embracing the trend of digitization and intelligence. By injecting new impetus to its services, the Company aims at advancing the sector with its robust, sustainable and high-quality developments, fulfilling the dreams of its customers, generating attractive returns for its shareholders and creating more value for its employees.
https://en.crc.com.cn/press/groupnews/202012/t20201218_572854.html