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Kingmaker Footwear Holdings Ltd (1170.HK)

1170.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Kingmaker Footwear says a unit entered into joint venture agreement with jv partner
Monday, 9 Jan 2017 09:58am EST 

Kingmaker Footwear Holdings Ltd <1170.HK>- : Novel Alliance (an indirect wholly-owned subsidiary of company) entered into joint venture agreement with jv partner . Jv company is to be established with a registered capital of us$28.1 million .Application made by company for resumption of trading in shares with effect from 9:00 a.m. On 10 jan 2017.  Full Article

Kingmaker Footwear announces trading halt
Monday, 9 Jan 2017 12:08am EST 

Kingmaker Footwear Holdings Ltd <1170.HK>:trading halted pending release of an announcement relating to a discloseable transaction involving agreement for formation of jv.  Full Article

Kingmaker Footwear updates on disposal of a subsidiary
Wednesday, 28 Dec 2016 09:05am EST 

Kingmaker Footwear Holdings Ltd <1170.HK> : Purchaser and vendor, an indirect wholly-owned subsidiary of company, entered into sale and purchase agreement . Deal at consideration of rmb168 million .Expects to recognize, after transaction costs, a gain of approximately hk$100 million from disposal.  Full Article

Kingmaker Footwear Holdings says group to gradually wind down, discontinue or sell its retail business<1170.HK>
Monday, 29 Aug 2016 11:00am EDT 

Kingmaker Footwear Holdings Ltd <1170.HK>: Group decided to gradually wind down, discontinue or sell its retail business . It is expected that all the retail operations of the group will cease by end of March 2017. . Expected to record decrease in unaudited consolidated revenue by approximately 28% for three months ended 30 June 2016 . In order to deal with the challenging market conditions, the group will implement the cost control measures . To reduce costs and improve profitability in long run, group will close down manufacturing facilities in Zhongshan in September 2016 . Group would consider various options including a further downsizing or winding down of its operations . Says group may either lease out or sell its manufacturing facilities in Zhongshan .  Full Article

Kingmaker Footwear updates on board changes<1170.HK>
Wednesday, 29 Jun 2016 06:09pm EDT 

Kingmaker Footwear Holdings Ltd <1170.HK>: Re-designation of acting chairman to chairman, appointment of chief executive officer, cessation of acting chief executive officer, appointment of chairman of nomination committee, appointment of executive vice president . Chan Ho Man, Daniel has been re-designated from acting chairman to chairman . Huang Hsiu Duan, Helen has been appointed as chief executive officer . Kimmel Phillip Brian has ceased to serve as an acting chief executive officer . Chan Ho Man, Daniel Has Been appointed as chairman of the nomination of the company committee . Says Mumma Adin David has been appointed as an executive vice president .  Full Article

Kingmaker Footwear Holdings Ltd appoints an executive director, as acting CEO
Thursday, 14 Apr 2016 07:16pm EDT 

Kingmaker Footwear Holdings Ltd:Company has applied to stock exchange for resumption of trading in shares with effect from 9:00 a.m. on 15 April 2016.Appointed Phillip Brian Kimmel, an executive director, as acting chief executive officer of the company.Chen Ming Hsiung, Mickey, chairman and CEO passed away.  Full Article

Kingmaker Footwear Holdings Ltd recommends final dividend
Sunday, 28 Jun 2015 06:32am EDT 

Kingmaker Footwear Holdings Ltd:Recommends payment of final dividend of HK$0.042 per share and special dividend of HK$0.020 per share.Says payment of final and special dividends will be payable on or about Sept. 25.  Full Article

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BRIEF-Kingmaker Footwear announces trading halt

* trading halted pending release of an announcement relating to a discloseable transaction involving agreement for formation of jv Source text for Eikon: Further company coverage: