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China Star Entertainment Ltd (0326.HK)

0326.HK on Hong Kong Stock

0.33HKD
23 May 2017
Change (% chg)

HK$0.00 (+1.54%)
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HK$0.32
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Volume
448,003
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HK$0.80
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HK$0.31

Latest Key Developments (Source: Significant Developments)

China Star Entertainment says entered into agreement for disposal of equity interests and sale loan due by Ace Season Holdings
Wednesday, 29 Mar 2017 08:56am EDT 

China Star Entertainment Ltd- <0326.HK>: Disposal Of The Entire Equity Interests In And The Sale Loan Due By Ace Season Holdings Limited . Deal at an aggregate purchase price of hk$85 million . Will record a gain of approximately hk$1.6 million upon disposal ."expected that disposal will not have any significant impact on revenue and profits of group".  Full Article

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

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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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