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Sincere Watch Hong Kong Ltd (0444.HK)

0444.HK on Hong Kong Stock

0.19HKD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Sincere Watch Hong Kong issues profit warning
Friday, 11 Nov 2016 09:41am EST 

Sincere Watch Hong Kong Ltd <0444.HK> : Expected to continue to record a loss for six months ended 30 september 2016 . Expected result due to impairment on co's available-for-sale investments to reflect decrease in fair value of equity instruments .Says expected loss may increase significantly by approximately 90% as compared with net loss for corresponding period of 2015.  Full Article

Sincere Watch updates on redesignation of co-chairmen to deputy chairmen
Friday, 30 Sep 2016 07:44am EDT 

Sincere Watch Hong Kong Ltd : Wu Ting Yuk, Anthony, an executive director, will be re-designated from co- chairman to deputy chairman .Zhang Xiaoliang, an executive director, will be re-designated from co-chairman to deputy chairman.  Full Article

Sincere Watch Hong Kong Ltd issues fy 2016 profit warning
Friday, 29 Apr 2016 07:39pm EDT 

Sincere Watch Hong Kong Ltd:Annual results of the group for the year ended 31 March 2016 are expected to incur a net loss.Says expected decrease attributable to the continuous slowdown in the luxury retail market for fine watches.  Full Article

Sincere Watch Hong Kong Ltd says change in auditors
Tuesday, 27 Oct 2015 06:32am EDT 

Sincere Watch Hong Kong Ltd:Says Deloitte Touche Tohmatsu has resigned as the auditor of the Company and its subsidiaries with effect from 27 October 2015.Announces that BDO Limited has been appointed as the auditor of the Group with effect from 27 October 2015 to fill the casual vacancy occasioned by the resignation of Deloitte.  Full Article

Sincere Watch Hong Kong Ltd says discussions on possible transaction had ceased
Monday, 7 Sep 2015 10:44am EDT 

Sincere Watch Hong Kong Ltd:Reference is made to the Company's announcement dated 11 August 2015 in relation to a possible transaction in the Shares which may result in a mandatory general offer of the Shares.Update the shareholders and potential investors of the Company that, the discussion in relation to the Possible Transaction had ceased.Says For the purpose of the Takeovers Code, the offer period in respect of the Possible Transaction is deemed to have closed on the date of this announcement, being 7 September 2015.Also informed by Sincere Watch Limited the controlling shareholder of the Company, that it has disposed 1,204.08 million Shares, representing 29.00% of the issued share capital of the Company to (Harvest Fund Management Co., Ltd.  Full Article

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BRIEF-Sincere Watch Hong Kong issues profit warning

* Expected to continue to record a loss for six months ended 30 september 2016

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