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Convoy Financial Holdings Ltd (1019.HK)

1019.HK on Hong Kong Stock

0.24HKD
29 Jul 2016
Change (% chg)

HK$-0.05 (-18.64%)
Prev Close
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Open
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Volume
363,480,000
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76,173,928
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HK$0.89
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Latest Key Developments (Source: Significant Developments)

Convoy Financial issues FY 2015 profit guidance
Friday, 8 Jan 2016 09:33am EST 

Convoy Financial Holdings Ltd:Says group is expected to record a loss for its financial year ended 31 December 2015.Says expected loss was primarily attributable to the decrease of more than 55% in brokerage commission income.  Full Article

Convoy Financial Holdings Ltd says CAM and CCL have entered into placing agreement with Golden wheel
Saturday, 26 Sep 2015 10:14pm EDT 

Convoy Financial Holdings Ltd:CAM and CCL have entered into the placing agreement with Golden wheel.Says agreement relating to placing and underwriting of bonds which will be issued by Golden wheel in two tranches.  Full Article

Convoy Financial Holdings Ltd entered into subscription agreement
Thursday, 6 Aug 2015 07:48pm EDT 

Convoy Financial Holdings Ltd:Entered into the Subscription Agreement with the Arranger, Tsai and the Subscribers.Pursuant to which co has agreed to allot and issue to the Subscribers, and the Subscribers have agreed to severally subscribe for 3,294,000,000 Subscription Shares.Also says as the arranger of the Subscription, the Arranger has agreed to procure the Subscribers to subscribe for the Subscription Shares, upon the terms and subject to the conditions set out in the Subscription Agreement at the Subscription Price.Tsai has agreed to procure the Subscribers to perform their obligations under the Subscription Agreement.Says Placing Price of HK$0.53 per Placing Share.Says gross proceeds from the Placing will be approximately HK$2,800 million.Says 50% of the net proceeds of the Placing is expected to be used on the Group’s money lending business.Says 50% of the net proceeds of the Placing is expected to be used to on the Group’s margin and initial public offering financing services being developed by the Group.  Full Article

Convoy Financial Holdings Ltd gives FY 2014 profit guidance
Friday, 20 Mar 2015 10:06am EDT 

Convoy Financial Holdings Ltd:Expects to record an increase in the consolidated net profit for its financial year ended FY 2014 as compared with the consolidated net profit recorded by the Group for the corresponding period in 2013.Such expected increase in the consolidated net profit of the Group is mainly attributable to the increase in brokerage commission income derived from sale of Investment-Linked Assurance Schemes and other insurance products.  Full Article

Convoy Financial Holdings Ltd announces open offer of not less than 1,844,172,000 and not more than 2,084,172,000 offer shares at subscription price of HK$0.25 per offer share
Friday, 6 Feb 2015 09:57am EST 

Convoy Financial Holdings Ltd:Proposes to raise not less than HK$461,043,000 and not more than HK$521,043,000 before expenses by issuing not less than 1,844,172,000 offer shares and not more than 2,084,172,000 offer shares at subscription price of HK$0.25 per offer share.On basis of three offer shares for every one existing share held on record date and payable in full on application.Qualifying shareholders are not entitled to apply for excess offer shares not taken up in excess of their respective entitlements under open offer.Estimate net proceeds of open offer (after deducting costs and expenses in relation to open offer) are expected to be not less than about HK$441,013,000 and not more than about HK$501,013,000.Intends to apply net proceeds of open offer in following manner: (i) as to about HK$86,000,000 for payment of balance of consideration for acquisition of real property as disclosed in announcement of the company dated Jan. 7.(ii) About HK$164,000,000 to fund future acquisition of other real property as when opportunity arises;.And (iii) as to the balance of about HK$191,013,000 to HK$251,013,000 be used as general working capital.  Full Article

Convoy Financial Services Holdings Ltd gives FY 2014 outlook
Monday, 19 Jan 2015 06:37am EST 

Convoy Financial Services Holdings Ltd:Expects to record fair value gains on equity investments at fair value through profit or loss of about HK$230 mln for FY 2014 as compared with the fair value gains on equity investments at fair value through profit or loss of about HK$35 mln in FY 2013.  Full Article

Convoy Financial Services Holdings Ltd announces CEO change
Wednesday, 24 Dec 2014 12:01am EST 

Convoy Financial Services Holdings Ltd:Says that Fong Sut Sam, currently chief executive officer of the company (the CEO) and executive director, will be appointed as vice chairman of board and will resign as CEO and remain as an executive director.Mak Kwong Yiu, currently deputy chief executive officer of the company and executive director, will be re-designated from deputy CEO to CEO and remain as executive director.  Full Article

Convoy Financial Services Holdings Ltd announces placing of bonds
Tuesday, 16 Sep 2014 07:00am EDT 

Convoy Financial Services Holdings Ltd:Company and Gransing Securities Co., Ltd entered into placing agreement.To issue an aggregate principal amount of up to HK$300,000,000 maturing on date falling on 7th anniversary of date of issue of Bonds.Says issue price which shall be 100 pct of principal amount of bonds.Placing period for placing shall last for period of 12 months commencing from date of placing agreement and ending on Sept.15, 2015.  Full Article

Convoy Financial Services Holdings Ltd changes company name to Convoy Financial Holdings Ltd
Monday, 15 Sep 2014 06:26am EDT 

Convoy Financial Services Holdings Ltd:Says english name of company has been changed to Convoy Financial Holdings Ltd.Says english stock short name will remain unchanged as CONVOY.  Full Article

Convoy Financial Services Holdings Ltd does not recommend dividend
Wednesday, 27 Aug 2014 07:51am EDT 

Convoy Financial Services Holdings Ltd:Directors do not recommend the payment of an interim dividend in respect of the six months ended June. 30, 2014 (2013: Nil).  Full Article

No consensus analysis data available.