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Hongkong Chinese Ltd (0655.HK)

0655.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Hongkong Chinese says group would share loss from JV for year ending 31st March 2017
Friday, 17 Feb 2017 05:46am EST 

Hongkong Chinese Ltd <0655.HK>: Company would share a loss from joint venture of not less than HK$10 million for year ending 31st March, 2017 .Expected result was due to net fair value loss on joint venture's investment properties.  Full Article

Hongkong Chinese updates on legal proceedings involving an independent non-executive director
Thursday, 1 Dec 2016 05:40am EST 

Hongkong Chinese Ltd <0655.HK> : MMT confirmed that breaches caused by negligence of Cheok were not caused by either reckless or intentional misconduct . "Above mentioned report will not have any material effect on business or operations of company" . Updates on legal proceedings involving an independent non-executive director . MMT handed down its written report of proceedings dated 29th November, 2016 .MMT made following orders against Cheok pay a regulatory fine of HK$800,000 and undergoe a training programme approved by SFC.  Full Article

Lippo says Hennessy and Wonder Plan dispose OUE H-trust units<0226.HK><0655.HK>
Friday, 2 Sep 2016 08:15am EDT 

Lippo Ltd <0226.HK>: HK CHINESE LTD joint announcement - disposals of interest in oue h-trust and/or oue c-reit <0226.HK> . Hennessy disposed 22.6 million units in OUE h-trust through married trade to purchaser a, for the consideration of s$14.7 million . Wonder plan disposed 6.3 million units in OUE h-trust and 9.4 million units in OUE c-reit for about s$4.1 million and about s$6.1 million respectively . Wonder plan disposed 23.2 million units in oue h-trust for the aggregate consideration of approximately s$15.1 million .  Full Article

Hongkong Chinese Ltd recommends final distribution
Monday, 29 Jun 2015 06:33pm EDT 

Hongkong Chinese Ltd:Resolved to recommend payment of final distribution of HK$0.02 (2014 - HK$0.02) per share amounting to about HK$40 million (2014 — about HK$40 million) for year ended March 31, 2015.Says final distribution will be paid on or about Oct. 7, to shareholders whose names appear on the company's register of members on Sept. 24.  Full Article

More From Around the Web

BRIEF-HongKong Chinese Ltd enters into letter of exclusivity with Cosenza Investments

* HKC and Norfyork International entered into a letter of exclusivity with Cosenza Investments

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