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Xinhua News Media Holdings Ltd (0309.HK)

0309.HK on Hong Kong Stock

0.66HKD
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HK$0.81
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HK$0.18

Latest Key Developments (Source: Significant Developments)

Xinhua News Media to terminate share purchase agreement
Monday, 11 Sep 2017 09:39am EDT 

Sept 11 (Reuters) - Xinhua News Media Holdings Ltd <0309.HK>::Refers to announcements of co dated 15 August, 30 August and 5 August 2017.Parties to the share purchase agreement agreed to terminate share purchase agreement and entered into termination agreement.Termination of agreement will not have a material adverse impact on existing operations & group's financial position.  Full Article

Xinhua News Media Holdings to acquire Mighty Capital Group Holdings
Tuesday, 15 Aug 2017 06:09pm EDT 

Aug 16 (Reuters) - Xinhua News Media Holdings Ltd <0309.HK>:To acquire entire issued share capital in Mighty Capital Group Holdings Limited.Deal for HK$40 million.Consideration shares at issue price of HK$0.2928.  Full Article

Xinhua News Media Holdings says FY revenue HK$336.5 million
Friday, 30 Jun 2017 09:42am EDT 

June 30 (Reuters) - Xinhua News Media Holdings Ltd <0309.HK>::FY revenue hk$336.5 million versus hk$309.8 million.Loss for year hk$17.2 million versus loss of hk$60.1 million​.Directors do not recommend payment of any dividend to shareholders for year ended 31 march 2017.  Full Article

Xinhua News Media provides update on acquisition by potential offeror
Tuesday, 6 Jun 2017 10:05am EDT 

June 6 (Reuters) - Xinhua News Media Holdings Ltd <0309.HK>::VBG Capital, independent financial adviser considered terms of offers were not fair and not reasonable.Financial adviser recommended independent board committee to advise shareholders and holders of options not to accept offers.Refers to announcement of acquisition by potential offeror of all shares in Rui Kang owned by China Wah Yan Healthcare.  Full Article

Xinhua News Media updates on revised possible voluntary conditional offer
Tuesday, 21 Mar 2017 06:18pm EDT 

Xinhua News Media Holdings Ltd <0309.HK> : Received 2nd offeror letter and 3rd offeror letter from Huatai Financial and Nuada . Application has been made to stock exchange for resumption of trading in shares with effect from 9:00 a.m. On 22 march 2017 .Letter notifying board that Huatai and Nuada, would revise their voluntary conditional securities exchange offers.  Full Article

China Wah Yan Healthcare says unit to acquire all issued shares of Xinhua News Media
Thursday, 8 Dec 2016 09:08am EST 

China Wah Yan Healthcare Ltd <0648.HK> : updates on conditional securities exchange offers by huatai financial and nuada on behalf of wisdom eighteen limited . Wholly-Owned subsidiary of wah yan healthcare to acquire all issued shares of xinhua news media . Application has been made for resumption with effect from 9 : 00 a.m. On 9 december 2016 .Offeror will offer for every 1 xinhua news media share, 4 new wah yan healthcare shares.  Full Article

Xinhua News Media issues profit warning<0309.HK>
Tuesday, 14 Jun 2016 12:03am EDT 

Xinhua News Media Holdings Ltd <0309.HK>: Profit warning <0309.HK> . Group might record an audited consolidated net loss for the financial year ended 31 March 2016 . Net loss for financial year ended 31 March 2016 was mainly attributable to the write off of certain intangible assets .  Full Article

Xinhua News Media issues profit warning<0309.HK>
Monday, 13 Jun 2016 06:37am EDT 

Xinhua News Media Holdings Ltd <0309.HK>: Profit warning . Board expects that the group will record an audited consolidated net loss for the financial year ended 31 March 2016 . Says group might record an audited consolidated net loss for the financial year ended 31 March 2016 .Expected result was mainly attributable to the write off of certain intangible assets.  Full Article

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