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Kowloon Development Co Ltd (0034.HK)

0034.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Kowloon Development announces acquisition stake in Ideaplan Investments
Thursday, 22 Jun 2017 11:03am EDT 

June 22 (Reuters) - Kowloon Development Co Ltd <0034.HK>:Acquisition of a 15% and a 5% equity interests and assignments of shareholders' loans in Ideaplan Investments Limited.Entered into SPA 1 with first vendor to acquire 15% equity interest in ideaplan for consideration of about hk$164.3 million.Announces SPA 2 with second vendor to acquire 5% equity interest in Ideaplan for an aggregate consideration of approximately hk$54.8 million.  Full Article

Kowloon Development says FY net profit attributable was HK$947 million
Wednesday, 22 Mar 2017 10:24am EDT 

Kowloon Development Co Ltd <0034.HK> : FY net profit attributable to shareholders of the company amounted to HK$947 million versus HK$1,202 million . FY revenue HK$6.78 billion versus HK$4 billion . Final dividend of HK$0.39 per share . Oil business in Kazakhstan is not expected to make a contribution to its earnings in 2017 .Group's core income for 2017 will be mainly generated from its property development projects in Hk & Mainland China.  Full Article

Kowloon Development HY net profit amounted to HK$291 mln<0034.HK>
Wednesday, 24 Aug 2016 08:53am EDT 

Kowloon Development Co Ltd <0034.HK>: 2016 interim results announcement <0034.HK> . HY net profit amounted to HK$291 million compared to HK$476 million . Interim dividend per share for 2016 amounted to HK$0.21 . HY turnover HK$ 2.76 billion versus HK$1.76 billion a year ago . Core income for H2 will be generated from property development projects in Hong Kong and mainland China . If crude oil prices hover at current low levels, oil business in Kazakhstan will hardly make any contribution to earnings in H2 .  Full Article

Kowloon Development Co Ltd declares Interim dividend
Wednesday, 26 Aug 2015 07:34am EDT 

Kowloon Development Co Ltd:Declares an Interim dividend per share for 2015 amounted to HK$0.21 (2014: HK$0.21).Payable on 10 November 2015 to shareholders whose names appear on the Register of Members of the Company on 3 November 2015.  Full Article

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