Key Developments: HL Technology Group Ltd (1087.HK)


1087.HK on Hong Kong Stock

0.88HKD
20 Jun 2013
Price Change (% chg)

HK$0.05 (+6.02%)
Prev Close
HK$0.83
Open
HK$0.83
Day's High
HK$0.93
Day's Low
HK$0.83
Volume
1,021,000
Avg. Vol
110,259
52-wk High
HK$1.30
52-wk Low
HK$0.72

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Latest Key Developments (Source: Significant Developments)

HL Technology Group Ltd Announces No Dividend
Wednesday, 27 Mar 2013 10:32am EDT 

HL Technology Group Ltd announced that No dividend has been paid or proposed by the Company during the year ended December 31, 2012 nor has any dividend been proposed since the end of the reporting period (2011: Nil).  Full Article

HL Technology Group Ltd Comments On FY 2012 Earnings Guidance
Monday, 4 Feb 2013 09:00am EST 

HL Technology Group Ltd announced that based on a preliminary review of the unaudited management accounts of the Group for fiscal 2012, the Company is expected to record a loss for fiscal 2012 as compared with the net profit recorded for fiscal 2011 mainly attributable to: (i) the operating environment for global 3Cs markets encountered challenges and difficulties in 2012 and the pressure from the challenging operating environment continued to intensify; (ii) gross profit decreases mainly due to the general increase in labor cost and the decrease in average selling price of some of the Group’s products due to lower demands from the Company's major customers and more fierce competition in the global 3Cs industries in 2012; and (iii) the increase in operating expenses, including selling and distribution expenses and research and development expenses, as the Group continues to invest in new products and exploring markets that is expected to gradually begin to have revenue contribution from 2013 onwards.  Full Article

HL Technology Group Ltd Completion Of Acquisition Of Rosy Sun Investments Ltd
Thursday, 31 Jan 2013 05:55am EST 

HL Technology Group Ltd announced that with reference to the announcement dated December 31, 2012 in relation to, the acquisition of the entire issued share capital of Rosy Sun Investments Ltd (Target Company) (the Circular), The Company announced that all conditions precedent under the S&P Agreement have been fulfilled, and Completion took place on January 31, 2013. In accordance with the S&P Agreement, the Company issued the Promissory Note in the amount of HKD650 million to the Vendor. Following Completion, the Target Company, the HK Company and the PRC Company will become wholly-owned subsidiaries of the Company.  Full Article

HL Technology Group Ltd Does Not Proposes Dividend
Wednesday, 15 Aug 2012 10:30am EDT 

HL Technology Group Ltd announced that no dividend has been paid or proposed by the Company during the six months ended June 30, 2012, nor has any dividend been proposed since the end of the reporting period (six months ended 30, June 2011: nil).  Full Article

Hl Technology Group Ltd Does Not Recommend Dividend
Thursday, 22 Mar 2012 04:31am EDT 

Hl Technology Group Ltd announced that the Directors do not recommend the payment of any dividend for the financial year ended December 31, 2011, (2010: Nil) and will consider to formulate a dividend policy at an appropriate time in the future.  Full Article

Hl Technology Group Ltd Does Not Recommend Interim Dividend
Tuesday, 16 Aug 2011 07:14am EDT 

Hl Technology Group Ltd announced that no dividend has been paid or proposed by the Company during the six months ended June 30, 2011, nor has any dividend been proposed since the end of the reporting period (six months ended June 30, 2010: Nil).  Full Article

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