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New Sports Group Ltd (0299.HK)

0299.HK on Hong Kong Stock

0.03HKD
20 Oct 2017
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Latest Key Developments (Source: Significant Developments)

New Sports Group expected to record net profit for HY
Friday, 28 Jul 2017 05:04am EDT 

July 28 (Reuters) - New Sports Group Ltd <0299.HK>:Expected to record a net profit for six months ended 30 june 2017.Expected result due to unrealized gain on revaluation of investment properties.  Full Article

New Sports Group updates on acquisition of Shenzhen Borui Enterprise Management Co
Wednesday, 28 Jun 2017 06:09pm EDT 

June 29 (Reuters) - New Sports Group Ltd <0299.HK>:Announces transaction in respect of acquisition of entire equity interest of Shenzhen Borui Enterprise Management Company Limited.Deal at consideration of RMB950 million.Vendor is Shenzhen Boteng Investment and purchaser is Shenzhen Baoxin Industrial Co.  Full Article

New Sports Group enters placing agreement with China Goldjoy Securities
Friday, 2 Jun 2017 08:47am EDT 

June 2 (Reuters) - New Sports Group Ltd <0299.HK>::Entered into placing agreement with China Goldjoy Securities Limited.Co to appoint China Goldjoy Securities for purposes of arranging subscribers for subscription of bonds up to HK$130 million.  Full Article

New Sports enters in SP agreement with Deng Jin Ai
Thursday, 4 May 2017 09:41am EDT 

May 4 (Reuters) - New Sports Group Ltd <0299.HK>::Company, as vendor and Deng Jin Ai, as purchaser entered into SPA.Deal for total consideration of HK$75 million.Co agreed to sell sale shares, and all rights, title, benefit and interest of and in shareholder's loan.  Full Article

New Sports Group says expected to record further loss in second half of year 2016
Thursday, 16 Mar 2017 04:34am EDT 

New Sports Group Ltd <0299.HK>: Expected to record a further loss (on a consolidated basis) in second half of year 2016 .Expected result due to decrease in revenue as result of complete cessation of software development business during year.  Full Article

New Sports Group expects to record further loss in second half of year 2016
Wednesday, 15 Mar 2017 07:56am EDT 

New Sports Group Ltd <0299.HK> : Expected to record a further loss (on a consolidated basis) in second half of year 2016 .Expected result due to further impairment losses on goodwill and other intangible assets.  Full Article

New Sports updates on MOU relating to a possible set up of a joint venture
Tuesday, 21 Feb 2017 06:51am EST 

New Sports Group Ltd <0299.HK> : Shenzhen Baoxin Sport Industry and Huang Xintao entered into a non-legally binding memorandum of understanding .Pursuant to MOU Baoxin and Huang proposed to establish a JV company, equity interest of which is proposed to be held as to 75% by Baoxin and 25% by Huang.  Full Article

New Sports Group says Fong Chi Kong appointed as CFO
Thursday, 19 Jan 2017 07:03am EST 

New Sports Group Ltd <0299.HK>: Wong Yu King has tendered his resignation as chief financial officer of company with effect from 20 January 2017 .Fong Chi Kong was appointed as chief financial officer.  Full Article

New Sports Group says may not proceed with potential acquisition under MOU
Wednesday, 5 Oct 2016 09:01am EDT 

New Sports Group Ltd <0299.HK> : Noted that wuxi xinyou and its shareholders had entered into an agreement relating to sale of equity interests in to another purchaser .Company will not proceed with potential acquisition under MOU.  Full Article

New Sports Group enters memorandum of understanding<0299.HK>
Friday, 2 Sep 2016 08:18am EDT 

New Sports Group Ltd <0299.HK>: Memorandum of understanding in relation to a potential transaction <0299.HK> . Under mou, proposed that purchaser will buy from the seller at a consideration in the range of hk$900 million to hk$1.1 billion . Unit New Sports Investment Holding Limited, Yue Jin International Limited and Zhang Zhenchun entered into a non-legally binding mou .  Full Article

BRIEF-New Sports posts HY profit attributable of HK$208.3 mln

* HY profit for the period attributable HK$208.3 million versus loss of HK$186.3 million

No consensus analysis data available.