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China Star Entertainment Ltd (0326.HK)

0326.HK on Hong Kong Stock

0.42HKD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

China Star Entertainment expects to record FY loss
Thursday, 16 Mar 2017 08:01am EDT 

China Star Entertainment Ltd <0326.HK>: Expected to record a loss of approximately HK$320 million to HK$360 million for year ended 31 December 2016 .Expected result due to significant decrease in revenue for service income from gaming operation.  Full Article

China Star Entertainment says S&P agreement was entered into between Best Combo as purchaser and Chen as vendor
Monday, 5 Dec 2016 05:06pm EST 

China Star Entertainment Ltd <0326.HK>: S&P agreement was entered into between Best Combo as purchaser and Chen as vendor . Best Combo has agreed to acquire entire issued share capital of Modern Vision and sale loan for hk$1 billion . Purchase price shall be satisfied by payment of hk$400 million as a deposit and issue of promissory note by co to Chen . Best Combo as lender entered into loan agreement with Chen as borrower . Best Combo has agreed to grant to chen a fixed term loan in principal amount of hk$500 million .Application made to stock exchange for resumption of trading in shares with effect from 9:00 a.m. On 6 december 2016.  Full Article

China Star Entertainment issues profit warning<0326.HK>
Wednesday, 17 Aug 2016 06:48am EDT 

China Star Entertainment Ltd <0326.HK>: Profit warning <0326.HK> . Group is expected to record a loss of approximately hk$30 million to hk$50 million for HY . Expected result mainly attributable to approximately 29% to 33% decrease in the figure of gross profit .  Full Article

China Star Entertainment Ltd announces FY 2015 profit warning
Monday, 14 Mar 2016 07:15am EDT 

China Star Entertainment Ltd:Profit of the group for the year ended 31 December 2015 is expected to decrease by approximately 46% to 52%.Decrease is mainly attributable to due to significant decrease in revenue from service income from gaming operations.  Full Article

China Star Entertainment Ltd announces termination of major transaction
Friday, 22 May 2015 06:37am EDT 

China Star Entertainment Ltd:Enters into a deed of termination, pursuant to which, the parties mutually irrevocably and unconditionally agreed that, on and with effect from May 22, the Agreement shall terminate and cease to have any effect.Says Vendor has refunded the Deposits to the Purchaser without interest upon entering into of the Deed in accordance with the terms of the Agreement.Reference is made to previous announcements of China Star Entertainment Limited in respect of acquisition of entire equity interest in Protective Capital Group Limited and the shareholder’s loan due by Eight Elements Entertainment Limited.Unless otherwise stated, terms used in this announcement shall have the same meanings as those defined in the Announcements.  Full Article

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BRIEF-China Star Entertainment expects to record FY loss

* Expected to record a loss of approximately HK$320 million to HK$360 million for year ended 31 December 2016

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