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SRE Group Ltd (1207.HK)

1207.HK on Hong Kong Stock

0.18HKD
21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

SRE Group announces loan agreement with China Minsheng Banking Corp., Ltd
Wednesday, 14 Jun 2017 07:41am EDT 

June 14 (Reuters) - SRE Group Ltd <1207.HK>:Loan agreement with China Minsheng Banking Corp., Ltd.Sre Jiaye Property Development entered into a loan agreement with China Minsheng Banking Corp.Loan agreement in respect of a 2-year loan of rmb1.25 billion.Purpose of loan is mainly to finance settlement of certain liabilities of property projects of group located in Luodian New Town, Shanghai.  Full Article

Sre Group announces disposal of property
Sunday, 2 Apr 2017 09:05pm EDT 

Sre Group : Connected transaction - disposal of property <1207.HK> . Seller entered into sale and purchase agreements with china minsheng, controlling shareholder of company . Sre group ltd - deal for total cash consideration of rmb63 million .Sre group ltd - shanghai golden luodian development agreed to sell and china minsheng agreed to purchase three commercial apartments.  Full Article

Sre Group announces disposal of property <1207.HK>
Sunday, 2 Apr 2017 06:30pm EDT 

Sre Group : Connected transaction - disposal of property <1207.HK> . Seller entered into sale and purchase agreements with china minsheng, controlling shareholder of company . Sre group ltd - deal for total cash consideration of rmb63 million .Sre group ltd - shanghai golden luodian development agreed to sell and china minsheng agreed to purchase three commercial apartments.  Full Article

SRE Group says FY loss from continuing operations RMB254.7
Monday, 27 Mar 2017 06:08pm EDT 

Sre Group Ltd <1207.HK>: Board of directors has resolved not to recommend payment of final dividend in respect of year ended 31 december 2016 . FY loss attributable from continuing operations RMB254.7 million versus loss of RMB1.85 billion .FY revenue RMB3.36 billion versus RMB1.26 billion.  Full Article

Sre Group enters deal to acquire 80% beneficial ownership interest in property in San Francisco
Sunday, 19 Feb 2017 05:18pm EST 

Sre Group <1207.HK> : Discloseable Transaction Acquisition Of 80% Beneficial Ownership Interest In Property In San Francisco, California . Buyer (a wholly-owned subsidiary of company) entered into sale and purchase agreement with seller . Acquisition of 80% beneficial ownership interest in property in San Francisco, california .Deal for cash consideration of usd88 million.  Full Article

SRE says general partners entered into JV agreement
Thursday, 29 Dec 2016 09:39am EST 

SRE Group Ltd <1207.HK>: Joint venture with total capital commitment of rmb5.12 billion . It is expected that joint venture will not be consolidated in financial statements of group . CMBC-designated general partner, SRE general partner, superior limited partner and inferior limited partners entered into jv agreement .Purpose of joint venture is to acquire from CMBC right of return in respect of property projects.  Full Article

Sre Group updates on disposal of equity interest in Shanghai Jinxin Real Estate Co
Thursday, 29 Dec 2016 07:10am EST 

Sre Group Ltd <1207.HK> : Purchaser agreed to acquire a total of 49% equity interest in target company at a total consideration of rmb2.31 billion . Company and purchaser entered into cooperation framework agreement . Group is expected to record an unaudited gain from disposal of approximately rmb1.10 billion . Purchaser is Shanghai Zhongchong Binjiang Industrial Development; target company is Shanghai Jinxin Real Estate .Proceeds to be received by company from disposal will be applied towards other real estate development projects of group.  Full Article

Sre Group says unit to buy a property<1207.HK>
Friday, 2 Sep 2016 07:40am EDT 

Sre Group Ltd <1207.HK>: Discloseable transaction acquisition of property <1207.HK> . The buyer (a wholly-owned subsidiary of the company) entered into the sale and purchase agreement with the sellers . Buyer agreed to purchase and the sellers agreed to sell the property at a cash consideration of £84.5 million .  Full Article

Sre Group issues positive profit alert<1207.HK>
Sunday, 3 Jul 2016 06:39pm EDT 

Sre Group Ltd <1207.HK>: Positive profit alert <1207.HK> . Group for the six months ended 30 June 2016 is expected to record a consolidated net profit attributable . Turnaround attributable to a continuous improvement in the overall operating efficiency of the group and reduction of financing costs .  Full Article

SRE Group Ltd issues Fy 2015 profit warning
Thursday, 10 Mar 2016 07:59am EST 

SRE Group Ltd:Says expects to record a loss in the consolidated net profit attributable to the owners of the company for the year ended 31 December 2015.Says expected result mainly due to the impact from the third and fourth-tier cities in the mainland.  Full Article

BRIEF-SRE Group announces loan agreement with China Minsheng Banking Corp., Ltd

* Sre Jiaye Property Development entered into a loan agreement with China Minsheng Banking Corp