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City E-Solutions Ltd (0557.HK)

0557.HK on Hong Kong Stock

2.83HKD
19 Sep 2017
Change (% chg)

HK$-0.16 (-5.35%)
Prev Close
HK$2.99
Open
HK$2.88
Day's High
HK$2.93
Day's Low
HK$2.71
Volume
166,000
Avg. Vol
89,152
52-wk High
HK$6.68
52-wk Low
HK$2.02

Latest Key Developments (Source: Significant Developments)

City E-solutions Ltd says HY loss attributable to equity shareholders of co HK$29.1 million
Tuesday, 29 Aug 2017 10:32am EDT 

Aug 29 (Reuters) - City E-solutions Ltd <0557.HK>::HY revenue HK$54.5 million versus HK$50.2 million.HY loss attributable to equity shareholders of co HK$29.1 million versus HK$17.3 million.  Full Article

City E-solutions enters into facility agreement with Lead Dragon
Friday, 14 Jul 2017 06:47am EDT 

July 14 (Reuters) - City E-solutions Ltd <0557.HK>:Company as lender entered into facility agreement with Lead Dragon Limited as borrower.Company agreed to grant and borrower agreed to borrow facility in an aggregate amount of USD13 mln.  Full Article

City E-Solution appoints Zhang Xian as CEO
Tuesday, 11 Jul 2017 08:15am EDT 

July 11 (Reuters) - City E-Solution <0557.HK>:Zhang Xian will be appointed as CEO.Wong Hong Ren will be stepping down as CEO with effect from 11 July 2017.  Full Article

City E-Solutions enters subscription and share purchase agreement to acquire Prip Communications
Tuesday, 30 May 2017 07:03am EDT 

May 30 (Reuters) - City E-solutions Ltd <0557.HK> ::Entered into subscription and share purchase agreement with Sang Woo and Lee Pyung Kim (vendors) and Prip Communications(target co).Vendors Sang Woo Lee and Pyung Kim to sell sale shares at consideration of about US$11.04 million.  Full Article

City e-Solutions issues profit warning<0557.HK>
Monday, 1 Aug 2016 05:57am EDT 

City e-Solutions Ltd <0557.HK>: Solution-profit warning announcement <0557.HK> . Expected to record a loss of about hk$17 million for the six months ended 30 June 2016 . Expected result due to net unrealized loss arising from fair value readjustment of group's trading securities as at reporting date .  Full Article

City e-Solutions updates on acquisition of shares in co by China Tian Yuan Manganese<0557.HK>
Friday, 22 Jul 2016 07:54am EDT 

City e-Solutions Ltd <0557.HK>: Solution-...more joint announcement (1)acquisition of shares in City e Solutions Limited by China tian yuan manganese limited (2)possible mandatory unconditional cash offer by prudential brokerage limited for and on behalf of China tian yuan mangan . Deal for a total consideration of hk$566.4 million . Says the vendors,citydev investments, and the offeror, China tian yuan manganese, entered into the share purchase agreement . Application has been made for resumption of trading in the shares on the stock exchange with effect from 9:00 a.m. on 25 July 2016 . Offeror agreed to acquire the sale shares, being 200.9 million shares, of the company .  Full Article

City e Solutions updates on possible offer for the issued shares of the company<0557.HK>
Friday, 27 May 2016 06:26am EDT 

City e-Solutions Ltd <0557.HK>: Discussions in relation to the possible transaction are still ongoing . Reference is made to the announcements in relation to a possible offer for the issued shares of the company .  Full Article

City e-Solutions issues FY profit warning
Wednesday, 17 Feb 2016 03:18am EST 

City e-Solutions Ltd:Group is expected to record a loss of about hk$62 million for the year ended 31 December 2015.Loss was mainly due to the net unrealised losses arising from fair value readjustments of the group's trading securities.  Full Article

BRIEF-City E-solutions enters framework agreement with an independent third party

* Company entered into framework agreement with an independent third party in relation to possible joint venture Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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