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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 Holdings posts FY profit attributable HK$132.556 mln
Wednesday, 28 Jun 2017 06:18pm EDT 

June 29 (Reuters) - Kingmaker Footwear Holdings Ltd <1170.HK>:FY profit for period attributable HK$132.556 million, up 10.3 percent.FY revenue HK$1.83 billion, down 20.7 percent.Proposed final dividend of HK5.5 cents (2016: HK5.2 cents) per ordinary share.Proposed special dividend of HK4.5 cents per ordinary share.  Full Article

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