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Midland Ic&I Ltd (0459.HK)

0459.HK on Hong Kong Stock

24 May 2017
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Latest Key Developments (Source: Significant Developments)

Midland Ic&I proposes 10:1 share consolidation
Thursday, 18 May 2017 07:19am EDT 

May 18 (Reuters) - Midland Ic&I Ltd <0459.HK>::Board proposes share consolidation on 10:1 basis.  Full Article

Midland IC&I Ltd unit enters into acquisition agreement
Tuesday, 10 Jan 2017 11:02pm EST 

Midland Ic&I Ltd <0459.HK>: Purchaser, a wholly-owned subsidiary of company, and seller entered into acquisition agreement . Deal for consideration is agreed at HK$400.0 million . Purchaser is Beyond Summit Investments Limited .Deal for acquisition of entire stake in target company Most Wealth (Hong Kong) Limited.  Full Article

Midland IC&I issues profit warning<0459.HK>
Wednesday, 15 Jun 2016 10:32am EDT 

Midland IC&I Ltd <0459.HK>: Profit warning regarding interim results for 2016 <0459.HK> . Group is expected to record a consolidated net loss for the six months ending 30 June 2016 . Expected result due to significant drop in non-residential property market sales activities in Hong Kong during .  Full Article

Midland IC&I Ltd issues FY 2015 profit warning
Monday, 7 Mar 2016 04:20am EST 

Midland IC&I Ltd:Expected result due to increase in impairment of receivables as a transaction with consideration at above hk$1 billion fell through during first half of 2015.Consolidated net profit of group for year ending 31 December 2015 expected to drop significantly.Expected drop in net profit to bring group to nearly break-even performance or potentially loss position.  Full Article

Midland IC&I Ltd enters cross referral services agreement
Wednesday, 16 Dec 2015 08:38am EST 

Midland IC&I Ltd:Entered into the Cross Referral Services Agreement (2015) with Midland in relation to the Cross Referral Services provided between the Group and Midland Group for the three financial years commencing from 1 January 2016 to 31 December 2018.  Full Article

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BRIEF-Midland Ic&I proposes 10:1 share consolidation

* Board proposes share consolidation on 10:1 basis Source text for Eikon: Further company coverage:

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