Bank of East Asia Ltd (0023.HK)
Latest Key Developments (Source: Significant Developments)
Bank of East Asia Ltd:Declare an interim dividend of HK$0.38 per share for the six months ended 30th June, 2015. Full Article
Bank of East Asia Ltd:Declares a second interim dividend for the year ended Dec. 31, 2014 of HK$0.68 per share.Payable on or about March 27.To shareholders whose names appear on the Register of Members of the Bank at the close of business on March 05. Full Article
Bank of East Asia Ltd:Says that it has entered into a sale and purchase deed pursuant to which the Bank has agreed to purchase a book of Mortgage Loans subject to the conditions of the Sale and Purchase Deed.The consideration for the proposed Acquisition is expected to be about HK$6,000 million. Full Article
Bank of East Asia Ltd:Entered into a non-binding MOU with SMBC in respect of the proposed subscription by SMBC of some 222 million new shares (representing about 9.53 pct of the current issued shares). Full Article
Bank of East Asia Ltd:Declares an interim dividend of HK$0.43 per share.Dividend will be paid in cash with an option to receive new, fully paid shares in lieu of cash, to shareholders whose names appear on the Register of Members of the Bank at the close of business on Aug. 21. Full Article
HONG KONG, June 2 Hong Kong lender Bank of East Asia Ltd said on Thursday it is cutting 180 jobs in the city, accounting for about 3.8 percent of its Hong Kong workforce, to improve overall operating efficiency.