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FDG Electric Vehicles Ltd (0729.HK)

0729.HK on Hong Kong Stock

0.34HKD
29 Mar 2017
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Latest Key Developments (Source: Significant Developments)

FDG Electric Vehicles HY net loss HK$276.4 mln
Friday, 25 Nov 2016 08:10am EST 

FDG Electric Vehicles Ltd <0729.HK> : HY net loss HK$276.4 million versus profit of HK$181.9 million last year .HY revenue HK$507.1 million versus HK$137.2 million last year.  Full Article

FDG Electric Vehicles says Guizhou Guian Asset Investment enters into agreement
Friday, 4 Nov 2016 06:24am EDT 

FDG Electric Vehicles Ltd <0729.HK> : Guizhou Guian Asset Investment, Jasmin International and project company entered into entrustment agreement .Guizhou Guian Asset Investment will pay Jasmin International a total of RMB1 billion.  Full Article

FDG Evehicles updates on disposal of shares by Li Ka-shing
Wednesday, 28 Sep 2016 09:58pm EDT 

Fdg Electric Vehicles Ltd <0729.HK> : VOLUNTARY ANNOUNCEMENT - DISPOSAL OF SHARES BY A SHAREHOLDER . received two individual substantial shareholder notices from Li Ka Shing Foundation stating Li Ka-shing deemed to have disposed of certain shares of Co .Li Ka-shing was deemed to be interested in an aggregate of 1.11 bln shares of Co, representing about 4.93% of total number of shares in issue of Co.  Full Article

FDG Electric Vehicles reports FY net loss of HK$228.2 million<0729.HK>
Wednesday, 29 Jun 2016 10:27am EDT 

FDG Electric Vehicles Ltd <0729.HK>: Final results for the year ended 31 March 2016 . FY revenue hk$363.4 million versus hk$303.6 million a year ago . FY net loss hk$228.2 million versus loss of hk$409.8 million a year ago . Says no dividend was paid or declared by the company during the year .Impact of brexit is hard to quantified, but it is no doubt that uncertainty and instability of world's socio-economic environment are increased.  Full Article

FDG Electric Vehicles updates on grant of permission for manufacture of pure electric new energy passenger vehicles<0729.HK>
Tuesday, 17 May 2016 08:01am EDT 

FDG Electric Vehicles Ltd <0729.HK>: Inside information - grant of the permission for manufacture of pure electric new energy passenger vehicles <0729.HK> .  Full Article

Tanfield Group PLC - Smith Electric Vehicles announces Joint Venture with FDG Electric Vehicles
Tuesday, 5 May 2015 02:01am EDT 

Tanfield Group PLC:Updates the market regarding its investment Smith Electric Vehicles.Announces that it has executed a conditional agreement to form an exclusive joint venture with strategic partner and investor FDG Electric Vehicles Limited.Smith will invest Smith brand, licence for Newton(tm) EV design and IP.Says strategic partner FDG will invest $15M in cash and $30m in assets, licence for commercial EV design and IP.Says the new joint venture entity to be responsible for US product development, sales and marketing.Says Smith will be responsible for manufacturing and maintain its right to territories outside of the USA.Says Smith will hold 20 million shares out of a total of 42.5 million.Says this represents a holding of 47 pct for Smith.Says Smith will distribute all the shares in the new joint venture to its common stockholders on a pro rata basis.Says the agreement is conditional on certain conditions precedent including , inter-alia, necessary government approvals and FDG due diligence.  Full Article

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BRIEF-FDG Electric Vehicles HY net loss HK$276.4 mln

* HY net loss HK$276.4 million versus profit of HK$181.9 million last year