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Sheng Yuan Holdings Ltd (0851.HK)

0851.HK on Hong Kong Stock

28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Sheng Yuan entered into MOU with the co-promoters<0851.HK>
Monday, 8 Aug 2016 07:01am EDT 

Sheng Yuan Holdings Ltd <0851.HK>: Company entered into the MOU with the co-promoters. . The promoters intend to form the JV securities company in Fujian . Under the MOU, the company will own 24% shareholding in the JV securities company . Capital contribution to be paid by the company in cash will be RMB240 million in total . Company intends to fund the investment by combination of either internal resources of the group or fund raising activities .  Full Article

Sheng Yuan issues profit warning<0851.HK>
Wednesday, 27 Jul 2016 06:43am EDT 

Sheng Yuan Holdings Ltd <0851.HK>: Hldg-profit warning . Expected to record a net loss of approximately hk$50 million for the six months ended 30 June 2016 .Expected result due to a decrease of revenue from securities brokerage and financial services.  Full Article

Sheng Yuan Holdings updates on FY 2015 profit outlook
Thursday, 3 Mar 2016 03:30am EST 

Sheng Yuan Holdings Ltd:It is expected a higher percentage approximately 6 times increase in loss for the year ended 31 December 2015.Expected further increase in loss is due to substantially increase in losses arising from the share of results of an associate.  Full Article

Sheng Yuan Holdings issues FY profit warning
Friday, 5 Feb 2016 03:44am EST 

Sheng Yuan Holdings Ltd:Expected to record a more than 4 times increase in loss for the year ended 31 December 2015.Says in net loss is primarily attributable to loss incurred by the trading business segment.  Full Article

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