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O-Net Technologies Group Ltd (0877.HK)

0877.HK on Hong Kong Stock

22 Sep 2017
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HK$0.09 (+1.75%)
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Latest Key Developments (Source: Significant Developments)

O-Net Technologies posts HY profit attributable HK$73.704 million
Tuesday, 22 Aug 2017 05:35am EDT 

Aug 22 (Reuters) - O-net Technologies Group Ltd <0877.HK>:Hy profit attributable hk$73.704 million versus hk$45.011 million.Hy revenue hk$880.871 million versus hk$746.150 million.  Full Article

O-Net Coating enters agreement with Butterfly to form JV
Wednesday, 2 Aug 2017 09:26pm EDT 

Aug 3 (Reuters) - O-net Technologies Group Ltd <0877.HK>:O-Net Coating entered into agreement with Butterfly in relation to formation of JV company.JV company shall be owned as to 50 pct by O-Net Coating and 50 pct by Butterfly.Total registered capital of JV co HK$10 million with O-Net Coating & Butterfly investing HK$5 million each.‍JV company will principally be engaged in development of 3D sensing modules for smartphone applications​.  Full Article

O-Net Tech Group says entered into agreement with vendor
Sunday, 23 Apr 2017 08:31pm EDT 

April 24 (Reuters) - O-Net Technologies Group Ltd <0877.HK> ::Acquisition Of 3SP Technologies .O-Net Communications entered into formal agreement with vendor.Vendor has conditionally agreed to sell sold shares at consideration of approximately US$19.2 million.Deal for consideration of approximately US$19.2 million.O-Net Communications has conditionally agreed to purchase and vendor has conditionally agreed to sell sold shares.  Full Article

Shenzhen Kaifa Technology unloads shares in O-Net Technologies
Sunday, 23 Apr 2017 08:49am EDT 

April 23 (Reuters) - Shenzhen Kaifa Technology Co Ltd <000021.SZ>:Says its Hong Kong unit unloads 25 million shares in O-Net Technologies Group <<<0877.HK>>> for HK$131.25 million ($16.88 million), to own 171.4 million shares or 21.56 pct stake after the transaction.Says its shares to resume trade on April 24.  Full Article

O-Net Technologies enters placing and subscription agreement
Friday, 21 Apr 2017 11:30am EDT 

April 21 (Reuters) - O-net Technologies Group Ltd <0877.HK>:Company, vendors and placing agents entered into placing and subscription agreement.Placing agent to place total of up to 90 mln placing shares to not less than six placees at placing price of HK$5.25 per placing share.Application has been made to stock exchange for resumption of trading in shares with effect from 9:00 a.m. On 24 April 2017.  Full Article

O-Net Technologies says FY revenue HK$1.60 bln VS HK$ 1.14 bln
Tuesday, 14 Mar 2017 05:06am EDT 

O-net Technologies Group Ltd <0877.HK>: FY revenue hk$ 1.60 billion versus hk$ 1.14 billion . Board does not recommend any final dividend for year ended 31 december 2016 .FY profit attributable to owners of company hk$130.6 million versus hk$82.5 million.  Full Article

O-Net Technologies expects substantial increase in profit for FY ended 31 Dec 2016
Thursday, 23 Feb 2017 06:52am EST 

O-net Technologies Group Ltd <0877.HK>: Expected to record a substantial increase in profit attributable to equity holders of not less than 55% for year ended 31 december 2016 .Expected result due to significant increase in operating profit as a result of substantial increase in revenue.  Full Article

O-Net Technologies says Tam Man Chi resigned as co-chairman
Friday, 7 Oct 2016 05:07am EDT 

O-Net Technologies Group Ltd <0877.HK> : Na Qinglin has been re-designated from co-chairman to chairman of board .Tam Man Chi resigned as co-chairman of company.  Full Article

O-Net Technologies Group issues positive profit alert<0877.HK>
Tuesday, 19 Jul 2016 06:04am EDT 

O-Net Technologies Group Ltd <0877.HK>: Tech gp-positive profit alert <0877.HK> . Expected to record a significant increase of not less than 70% in the net profit for the six months ended 30 June 2016 . Says expected result due to the significant increase in operating profit .  Full Article