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Pax Global Technology Ltd (0327.HK)

0327.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Pax Global Technology posts HY profit attributable of HK$264.9 mln
Wednesday, 9 Aug 2017 10:54am EDT 

Aug 9 (Reuters) - Pax Global Technology Ltd <0327.HK>:HY revenue HK$1.61 billion, up 20.5 percent.HY profit attributable to owners of the company HK$264.9 million versus HK$310.6 million.Board has resolved to declare an interim dividend of HK$0.04 per ordinary share for six months ended 30 June 2017.  Full Article

Pax Global Technologyv says unit enters share purchase agreement
Monday, 3 Jul 2017 10:26am EDT 

July 3 (Reuters) - Pax Global Technology Ltd <0327.HK>:Pax Technology entered into share purchase agreement with Kwang Woo Information & Communication and Yu Sang Wook, Yu Hye Kyung, Son Sung Ryun, Lee Gun Sik.Pursuant to deal vendors have conditionally agreed to sell up to 176,000 shares of Kwang Woo Information & Communication.Share purchase agreement for aggregate consideration of up to US$6.4 million.  Full Article

Pax Global Technology says revenue during quarter increased by 1.9 pct
Thursday, 27 Apr 2017 08:04am EDT 

April 27 (Reuters) - Pax Global Technology Ltd <0327.HK>:Overall group's total revenue during quarter increased by approximately 1.9%, compared to corresponding period in 2016.Qtrly unaudited consolidated revenue of HK$685.5 million.  Full Article

Pax Global Technology entered 2017 framework agreements with Hi Sun
Friday, 30 Dec 2016 05:57am EST 

Pax Global Technology Ltd <0327.HK> : Parties entered into 2017 framework agreement pursuant to which group will continue to purchase security decoder chips . Parties entered into 2017 framework agreement to purchase controller unit chips and contactless reader chips from hi sun group .Parties are company as purchaser and Hi Sun as seller.  Full Article

Pax Global Technology Updates on acquisition and subscription agreement
Wednesday, 28 Dec 2016 07:42am EST 

Pax Global Technology Ltd <0327.HK> : Subscriber, unit of co, entered into acquisition and subscription agreement with existing company and existing company quotaholders . Deal pursuant to which subscriber has agreed to acquire and existing co quotaholders have agreed to sell acquisition quota for consideration of eur2.5 million .Immediately after completion, subscriber shall hold a total of 60% of entire corporate capital in target company.  Full Article

Pax Global says CFO, Lee Chris Curl resigns<0327.HK>
Tuesday, 16 Aug 2016 09:17am EDT 

PAX Global Technology Ltd <0327.HK>: ...more resignation of chief financial officer and joint company secretary . Resignation of Lee will not affect the normal operation of the business of the company . Received a written resignation tendered by Lee Chris Curl the chief financial officer and joint company secretary of the company . Lee has no disagreement with the board and there is no matter relating to his resignation .  Full Article

Pax Global Technology HY net profit hk$310.6 million<0327.HK>
Tuesday, 9 Aug 2016 10:44am EDT 

PAX Global Technology Ltd <0327.HK>: HY revenue hk$1.33 billion, up 20.3% . Board has resolved to declare an interim dividend of hk$0.04 per ordinary share for the six months ended 30 June 2016 . HY net profit hk$310.6 million versus hk$ 309.0 million . Expects that shipment volume in the China market will maintain growth in the short run" . Anticipated that new acquiring policies will be implemented in the China market starting from the second half of 2016 . Expects that the group's overseas sales shall constitute 60-70% of overall revenue throughout the next three years" .  Full Article

BRIEF-Pax Global Technology posts HY profit attributable of HK$264.9 mln

* HY profit attributable to owners of the company HK$264.9 million versus HK$310.6 million