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Wisdom Sports Group (1661.HK)

1661.HK on Hong Kong Stock

2.17HKD
23 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Wisdom Sports Group expects net profit for year ended Dec. 31, 2016 to increase
Thursday, 9 Mar 2017 06:02pm EST 

Wisdom Sports Group <1661.HK>: Consolidated net profit for year ended 31 december 2016 is expected to be substantially increased .Expected increase is mainly attributable to rapid growth in relevant revenue contributed by sports events in 2016.  Full Article

Wisdom Sports Group updates on execution of the joint venture agreement
Monday, 27 Feb 2017 11:22pm EST 

Wisdom Sports Group <1661.HK>: Group entered into a joint venture agreement with Circlic Interactive Tourism Sdn Bhd on February 27, 2017 .Pursuant to JV agreement co and Circlic will jointly hold,operate belt,road marathon majors in Malaysia through Wisdom Sports Sdn.  Full Article

Wisdom Sports Group says unit entered into equity transfer agreement
Friday, 10 Feb 2017 03:44am EST 

Wisdom Sports Group <1661.HK> : Vendor, an indirect wholly-owned subsidiary of company, entered into equity transfer agreement with purchaser . Deal for consideration of RMB116 million. . Disposal of 100% equity interests in target company Shenzhen Wisdom Basketball Business . Group expects to record an unaudited gain of approximately RMB72 million if disposal is completed .Shenzhen Wisdom Sports Business Co to sell and Shenzhen Zhongke Dingtai Business Investment Partnership to acquire target co.  Full Article

Wisdom Sports Group says Song Hongfei has been appointed as an executive director<1661.HK>
Friday, 26 Aug 2016 07:11am EDT 

Wisdom Sports Group <1661.HK>: 1)change of executive director and authorized representative; (2)change of joint company secretary; and(3)change in membership of the remuneration committee <1661.HK> . Says Song Hongfei has been appointed as an executive director of the company . Says Sheng Jie has resigned as an executive director and vice chairman .  Full Article

Wisdom Sports says HY gross profit of Wisdom Events up about 57.7% to RMB105.5 mln<1661.HK>
Friday, 26 Aug 2016 06:40am EDT 

Wisdom Sports Group <1661.HK>: Group expects to operate independently over 15 Marathon events in the second half of 2016 . Group expects to operate independently over 15 Marathon events in the second half of 2016 . HY revenue from wisdom events increased by approximately 81.9% to RMB194.5 million . Says no interim dividend has been paid or declared by the company for the six months ended 30 June 2016 . Says gross profit of Wisdom events increased by approximately 57.7% to RMB105.5 million for the six months ended 30 June 2016 . Expected that the group will be able to derive profit from the stadium business by the end of the second half of the year" .Group plans to set up about 100 stadiums in the next three years".  Full Article

Wisdom Sports awarded operation right of 2016-2018 Shenzhen International Marathon<1661.HK>
Monday, 15 Aug 2016 10:32am EDT 

Wisdom Sports Group <1661.HK>: Voluntary announcement - awarded the operation right of 2016-2018 Shenzhen International Marathon . Won bid and obtained operation right of 2016-2018 Shenzhen International Marathon, and has had a preferential right to renew the contract .  Full Article

Wisdom Sports says co awarded exclusive right to operate 3 marathons in PRC<1661.HK>
Monday, 11 Jul 2016 07:54pm EDT 

Wisdom Sports Group <1661.HK>: Voluntary announcement - update on sports business development <1661.HK> . Awarded exclusive right to operate 3 marathons in Nanchang, Jiangxi Province, Changde, Hunan Province, And Jiaxing, Zhejiang Province, . Group will be responsible for the organization and operation, promotion and media publication of the events .  Full Article

Wisdom Sports says Chu Yin Kam appointed CFO<1661.HK>
Thursday, 30 Jun 2016 04:34am EDT 

Wisdom Sports Group <1661.HK>: Appointment of chief financial officer <1661.HK> . Chu Yin Kam will be appointed the chief financial officer of the company with effect from July 1, 2016. . Says Huang Dan resigned as the chief financial officer of the company .  Full Article

Wisdom Holdings Group issues fy 2015 profit warning
Monday, 28 Mar 2016 07:22am EDT 

Wisdom Holdings Group:Net profit attributable to the owners of the company for the year ended December 31, 2015 is expected to decrease by approximately 80%.Group has decided to cease to renew the contracts with cctv.  Full Article

Wisdom Holdings Group appoints Huang Dan as CFO
Friday, 18 Sep 2015 05:45am EDT 

Wisdom Holdings Group:Resignation of executive director and independent non-executive director and change of chief financial officer.Says Hu Xing has resigned as an executive director of the company.Says Li Qingbo has resigned as Chief Financial Officer of the company.Says Huang Dan has been appointed as Chief Financial Officer of the company.  Full Article

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BRIEF-Wisdom Sports Group expects net profit for year ended Dec. 31, 2016 to increase

* Consolidated net profit for year ended 31 december 2016 is expected to be substantially increased