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Asm Pacific Technology Ltd (0522.HK)

0522.HK on Hong Kong Stock

21 Jul 2017
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HK$-3.80 (-3.09%)
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Latest Key Developments (Source: Significant Developments)

ASM Pacific Technology says controlling shareholder of Co to sell stake of 20 mln shares of co
Monday, 24 Apr 2017 07:25am EDT 

April 24 (Reuters) - ASM Pacific Technology Ltd <0522.HK>::ASM International N.V., controlling shareholder of Co made announcement to sell stake of 20 million shares of Co.  Full Article

ASM International intends to sell stake of 20 millions shares in ASMPT
Monday, 24 Apr 2017 05:23am EDT 

April 24 (Reuters) - ASM International NV : :Announces that it intends to sell a stake of 20 million shares of total outstanding share capital in ASM Pacific Technology Ltd <<<0522.HK>>> (ASMPT) through a partial secondary share placement.Following planned divestment ASMI will own approximately 34 percent of shares in ASMPT.  Full Article

Asm Pacific Technology says Q1 net profit increased 470%
Thursday, 20 Apr 2017 07:29pm EDT 

April 21 (Reuters) - Asm Pacific Technology Ltd <0522.HK>:Q1 group revenue $484.7 million, up 31.4 percent.Q1 net profit of HK$729.2 million, up 470%.Expect bookings in Q2 to remain at a similar level as Q1.Expect group bookings in Q2 to achieve a strong double digit percentage growth year-on-year.Expect gross margin of group to continue to improve during second quarter this year.  Full Article

Eminence Capital pushes for divestiture of ASM Pacific Technology
Thursday, 20 Apr 2017 02:25am EDT 

April 20 (Reuters) - :Eminence Capital, which owns 9.6 percent of ASM Int'l, says "we strongly believe that ASMI would be a stronger and more valuable company without ASMPT".Eminence capital on ASM - many of fellow shareholders have advocated for divestiture of asmpt for many years.Eminence capital on ASM - management has never provided a reasonable defense for continuing to hold the financial stake in ASMPT.Eminence capital believes a multi-year plan to exit the ASMPT stake via multiple block trades creates "most long-term shareholder value".Eminence capital says first step should be a block trade of 33 percent of ASMPT stake combined with a special dividend.Eminence capital, which owns 9.6 percent of ASM Int'l, says "we strongly believe that ASMI would be a stronger and more valuable company without ASMPT".  Full Article

Asm Pacific Technology posts FY net profit hk$1.44 billion
Thursday, 2 Mar 2017 06:12pm EST 

Asm Pacific Technology Ltd <0522.HK> : Fy net profit HK$1.44 billion, up 50.9 percent . Fy group revenue US$1.84 billion , up 9.8 percent . Final dividend of hk$1.10 per share . "Strong momentum will continue and 2017 is likely to be a year of growth for the group" . "Expect group billing for q1 to show only a small sequential improvement over the preceeding quarter" . Expect strong y-o-y double digit percentage improvement in group's billing during the q1 of this year ."For the group booking in Q1, we expect it to improve sequentially and to demonstrate an even stronger double digit percentage growth on y-o-y basis".  Full Article

ASM Pacific says Qtrly group revenue US$472.8 mln, down 2.5 pct y-o-y<0522.HK>
Thursday, 28 Jul 2016 07:08pm EDT 

ASM Pacific Technology Ltd <0522.HK>: Announcement of 2016 unaudited interim results for the six months ended 30 June 2016 <0522.HK> . Qtrly group revenue US$472.8 million , down 2.5 percent y-o-y . Declare interim dividend of hk$0.80 per share . Qtrly net profit hk$354.4 million , down 19.1 percent y-o-y . Qtrly net profit of hk$354.4 million, representing a surge of 177 percent over the preceding quarter . Group stands a fair chance to achieve full year Billings improvement over last year" . Remain concerned about uncertain macro-economics outlook , in particular, effect of brexit on global demand . Expect seasonal decline in bookings in Q3 . Expect billing in the third quarter of the year to achieve a double digit percentage improvement over the preceding quarter .  Full Article

Deals of the day-Mergers and acquisitions

April 24 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** Government-controlled Dubai Aerospace Enterprise Ltd (DAE) is acquiring Dublin-based AWAS, the world's tenth biggest aircraft lessor, in a deal that will add over 200 planes to its fleet and more than double the size of its current business. ** Goals Soccer Centres Plc, the five-a-side football pitch operator, confirmed that it was in early discussions with privately-owned Powerle