Sun Hung Kai Properties Ltd (0016.HK)
Latest Key Developments (Source: Significant Developments)
Wong's International Holdings Ltd <0099.HK>: Profit warning and possible joint venture termination in respect of One Harbour Square <0099.HK> . Expected result mainly attributable to decrease in the group's share of profit in group's property development joint venture . Discussing with Sun Hung Kai Properties a proposal to separate the parties' interests in One Harbour Square . Consolidated net profit attributable to the owners of co for the interim period is expected to record a significant decrease by approximately 57% . Discussions are ongoing and no binding agreements have yet been signed with SHKP" . Full Article
Sun Hung Kai Properties Ltd:Says Patrick Chan has tendered his resignation as the Chief Financial Officer of the company. Full Article
Sun Hung Kai Properties Ltd:Recommended a final dividend of HK$2.40 per share for the year ended June 30, 2015.The dividend will be payable on Nov. 26. Full Article
HONG KONG, Feb 28 Sun Hung Kai Properties Ltd , Hong Kong's largest real estate company by market value, posted a 57 percent surge in first-half underlying net profit on Tuesday, on the back of higher contribution from development earnings and rental income.