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NWS Holdings Ltd (0659.HK)

0659.HK on Hong Kong Stock

18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

NWS Holdings updates on disposal of sale shares and assignment of shareholder's loans
Wednesday, 22 Feb 2017 06:02am EST 

Nws Holdings Ltd <0659.HK> : Vendor and purchaser entered into agreement . Deal for cash consideration of approximately hk$177.4 million . Hip Hing Construction Holdings Limited being vendor and Coral Business Inc being purchaser .Agreement in respect of sale and purchase of sale shares and assignment of shareholder's loans.  Full Article

NWS posts HY net profit of HK$ 2.60 bln
Monday, 20 Feb 2017 11:21pm EST 

Nws Holdings Ltd <0659.HK> : HY profit for the period attributable HK$ 2.600 billion versus HK$ 2.35 billion . HY revenue HK$ 13.85 billion versus HK$14.22 billion . Interim dividend per share HK$0.34 . Group has further earmarked HK$1 billion of resources for potential investment opportunities until end of FY2017 . "Group has been able to mitigate negative impact of renminbi depreciation during current period" . "Based on overall increase in traffic flow and toll revenue, roads segment will remain resilient" .Group remains optimistic in prospects of services division.  Full Article

NWS Holdings says units entered into joint venture agreement
Thursday, 15 Dec 2016 07:54am EST 

NWS Holdings <0659.HK> : Pursuant to joint venture agreement, each of healthcare ventures and dynamic ally will contribute hk$63 million to haml .CTFE, Healthcare Ventures, NWS Service, Dynamic Ally And HAML entered into joint venture agreement.  Full Article

NWS Holdings announces review on investment in Newton Resources Ltd
Wednesday, 30 Nov 2016 09:19am EST 

Nws Holdings Ltd <0659.HK>: Review on investment in newton resources ltd . Will carry out a preliminary impairment assessment on its investment of 35.5% equity interest in newton resources . Considers that impairment loss (if any) will not result in any material adverse change in financial and trading position of group . company is carrying out a strategic review of investment, which includes a possible sale of its interest in newton resources ."no decision has been made by company with regard to any strategic option".  Full Article

Bank of East Asia disposes Tricor Holdings
Wednesday, 5 Oct 2016 06:10am EDT 

Bank of East Asia Holdings Limited <0023.HK>: Bank, NWS Holdings and East Asia Secretaries entered into a share purchase agreement with Trivium for sale of all issued shares of Tricor . Deal for a cash consideration of HK$6,469.7 million . Expected that proceeds from disposal will be used as general working capital of bank and for its future business development . Bank is expected to book a profit in amount of about HK$3.100 billion in respect of disposal .Immediately after closing, bank will cease to hold any equity interest in Tricor and Tricor will cease to be a subsidiary of bank.  Full Article

NWS Holdings says FY net profit HK$4.91 billion
Tuesday, 20 Sep 2016 12:20am EDT 

Nws Holdings Ltd <0659.HK> : FY revenue of HK$29.50 billion versus HK$24.49 billion . Proposed final dividend per share of HK$0.34 . "Outlook of coal-fired power remains overshadowed by slowing electricity demand and rigorous emission controls" . "Outlook of domestic retail market will remain subdued as slowdown in inbound tourism is likely to continue" . FY net profit HK$4.91 billion versus HK$ 4.48 billion ."Outlook of aviation market remains robust".  Full Article

New World Development updates on sale and purchase agreement<0017.HK><0659.HK>
Monday, 20 Jun 2016 10:46am EDT 

New World Development Co Ltd <0017.HK>: Gain arising from the disposal will be approximately HK$0.85 billion in the financial year ending 30 June 2016 . Units entered into the sale and purchase agreement . Consideration payable by the purchaser to the vendor is HK$3.75 billion . Sale and purchase agreement in respect of the disposal of Shine Fame and the assignment of debt .  Full Article

NWS Holdings Ltd says acquisition of the sale share and assignment of the shareholder's loan
Thursday, 24 Sep 2015 06:21am EDT 

NWS Holdings Ltd:Says the vendor and the purchaser entered into the agreement in respect of the sale and purchase of the sale share.Says consideration was satisfied in cash by the purchaser.Pursuant to the agreement, the consideration is HK$261.9 million.  Full Article

NWS Holdings Ltd declares final dividend
Wednesday, 23 Sep 2015 12:13am EDT 

NWS Holdings Ltd:Resolved to recommend a final dividend for FY2015 in scrip form equivalent to HK$0.33 per share.  Full Article