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Lenovo Group Ltd (0992.HK)

0992.HK on Hong Kong Stock

5.07HKD
30 Mar 2017
Change (% chg)

HK$-0.07 (-1.36%)
Prev Close
HK$5.14
Open
HK$5.14
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HK$5.15
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HK$5.02
Volume
88,082,283
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HK$6.58
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HK$4.49

Latest Key Developments (Source: Significant Developments)

Lenovo to drawdown notes in the amount of $500 mln
Thursday, 9 Mar 2017 11:01pm EST 

Lenovo Group Ltd <0992.HK> : Co and joint lead managers entered into subscription agreement to carry out a drawdown .Drawdown notes in amount of US$500 million.  Full Article

Lenovo Group's unit to offer $850 mln securities
Thursday, 9 Mar 2017 11:01pm EST 

Lenovo Group Ltd <0992.HK>: On March 9, 2017, issuer, co, sole structuring advisor, joint global coordinators and joint bookrunners entered into subscription agreement . "Issuer" is Lenovo Perpetual, "sole structuring advisor" is Citigroup Global Markets . Company and issuer will enter into IGN subscription agreement in relation to issue and subscription of intra-group notes . Securities offered are US$850 million 5.375% perpetual securities in form of cumulative preferred shares of issuer .Net proceeds from issue of securities will be on-lent by issuer to company through subscription by issuer for intra-group notes.  Full Article

Lenovo Group proposes drawdown notes issue
Sunday, 5 Mar 2017 07:56pm EST 

Lenovo Group Ltd <0992.HK> : Proposed Issuance Of Us Dollar Denominated Perpetual Securities By A Subsidiary . Proposed Issuance Of Us Dollar Denominated Drawdown Notes Under The Programme . Issuer, which is a direct unit of company, proposes to conduct proposed securities issue to professional investors only . Company proposed to issue drawdown notes under programme which was established by company on November 30, 2016 . Company will issue intra-group note to issuer . Net proceeds from issue of securities will be used to repay some or all of amounts outstanding under promissory note issued to google inc .No definitive or binding agreement in relation to proposed securities issue or proposed drawdown notes issue has been entered.  Full Article

Lenovo announces disposal of interest in a JV company
Wednesday, 1 Mar 2017 07:05pm EST 

Lenovo Group Ltd <0992.HK> : unit entered into an equity transfer agreement in relation to disposal of 49% equity interest in Chengdu Lian Chuang Rong Jin Investment . Deal for a consideration of approximately rmb1.62 billion . Pre-Tax gain arising from disposal is estimated to be approximately hk$1,696 million . among undistributed profits of disposal company as at 31 december 2016, approximately rmb264 million will be distributed to seller prior to completion of disposal. . following disposal, company and its subsidiaries will cease to have any equity interest in disposal group. . Purchaser is Beijing Sunac Raycom Real Estate Company Limited ."proceeds received from disposal are intended to be used for general corporate purposes.".  Full Article

Lenovo announces disposal of interest in a JV company <0992.HK><1918.HK>
Wednesday, 1 Mar 2017 06:59pm EST 

Lenovo Group Ltd <0992.HK> : unit entered into an equity transfer agreement in relation to disposal of 49% equity interest in Chengdu Lian Chuang Rong Jin Investment . Deal for a consideration of approximately rmb1.62 billion . Pre-Tax gain arising from disposal is estimated to be approximately hk$1,696 million . among undistributed profits of disposal company as at 31 december 2016, approximately rmb264 million will be distributed to seller prior to completion of disposal. . following disposal, company and its subsidiaries will cease to have any equity interest in disposal group. . Purchaser is Beijing Sunac Raycom Real Estate Company Limited ."proceeds received from disposal are intended to be used for general corporate purposes.".  Full Article

Mobileiron Inc announced a global partnership with Lenovo
Tuesday, 28 Feb 2017 10:15am EST 

Mobileiron Inc :Mobileiron Inc says announced a global partnership with Lenovo.  Full Article

Yonder & Beyond says Beyond Media signs licensing agreement with Lenovo
Wednesday, 22 Feb 2017 06:03pm EST 

Yonder & Beyond Group Ltd : Beyond Media signs licensing agreement with Lenovo .Its subsidiary, Beyond Media, has extended its collaboration with Lenovo to include delivery of virtual reality and gaming related technologies..  Full Article

Lenovo and Kopin form joint venture to commercialize enterprise AR headsets
Thursday, 5 Jan 2017 08:30am EST 

Lenovo Group Ltd <0992.HK> : Lenovo and Kopin form joint venture to commercialize enterprise AR headsets .Formed a joint venture, Lenovo new vision, a new subsidiary of LCIG.  Full Article

Fujitsu says to explore global strategic PC cooperation with Lenovo
Thursday, 27 Oct 2016 12:00am EDT 

Fujitsu Ltd <6702.T>: Fujitsu says to explore global strategic personal computer cooperation with Lenovo .Fujitsu says it and Lenovo in talks with DBJ over financial, strategic support.  Full Article

Development Bank of Japan considering taking up to 10% interest in Fujitsu, Lenovo JV - Nikkei
Friday, 7 Oct 2016 01:23pm EDT 

: In addition to necessary funding, the DBJ could offer expertise in business turnaround to proposed JV between Fujitsu's PC business and Lenovo Group - Nikkei .Development Bank of Japan considering taking up to 10% interest in proposed JV between Fujitsu's Personal Computer business and China's Lenovo Group - Nikkei.  Full Article

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Fujitsu, Lenovo to postpone PC business integration: NHK

TOKYO Japan's Fujitsu Ltd and China's Lenovo Group Ltd will postpone plans to integrate their personal computer operations until next month or later, Japanese public broadcaster NHK reported Thursday on its website.