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Sunac China Holdings Ltd (1918.HK)

1918.HK on Hong Kong Stock

9.38HKD
27 Mar 2017
Change (% chg)

HK$-0.48 (-4.87%)
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HK$9.86
Open
HK$9.87
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HK$9.93
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HK$9.36
Volume
29,120,000
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Latest Key Developments (Source: Significant Developments)

Sunac China posts contracted sales of RMB10.15 billion in Feb
Monday, 6 Mar 2017 05:24am EST 

Sunac China Holdings Ltd <1918.HK> :Feb contracted sales value amounted to RMB10.15 billion.  Full Article

Lenovo announces disposal of interest in a JV company
Wednesday, 1 Mar 2017 07:05pm EST 

Lenovo Group Ltd <0992.HK> : unit entered into an equity transfer agreement in relation to disposal of 49% equity interest in Chengdu Lian Chuang Rong Jin Investment . Deal for a consideration of approximately rmb1.62 billion . Pre-Tax gain arising from disposal is estimated to be approximately hk$1,696 million . among undistributed profits of disposal company as at 31 december 2016, approximately rmb264 million will be distributed to seller prior to completion of disposal. . following disposal, company and its subsidiaries will cease to have any equity interest in disposal group. . Purchaser is Beijing Sunac Raycom Real Estate Company Limited ."proceeds received from disposal are intended to be used for general corporate purposes.".  Full Article

Lenovo announces disposal of interest in a JV company <0992.HK><1918.HK>
Wednesday, 1 Mar 2017 06:59pm EST 

Lenovo Group Ltd <0992.HK> : unit entered into an equity transfer agreement in relation to disposal of 49% equity interest in Chengdu Lian Chuang Rong Jin Investment . Deal for a consideration of approximately rmb1.62 billion . Pre-Tax gain arising from disposal is estimated to be approximately hk$1,696 million . among undistributed profits of disposal company as at 31 december 2016, approximately rmb264 million will be distributed to seller prior to completion of disposal. . following disposal, company and its subsidiaries will cease to have any equity interest in disposal group. . Purchaser is Beijing Sunac Raycom Real Estate Company Limited ."proceeds received from disposal are intended to be used for general corporate purposes.".  Full Article

Sunac China says unit entered equity transfer agreements for total RMB2.30 bln
Wednesday, 1 Mar 2017 08:29am EST 

Sunac China Holdings Ltd <1918.HK> : Beijing Sunac, unit, entered into equity transfer agreement I with Tianjin Bolian Investment (i.e. Vendor I) and Lenovo (Beijing) (Vendor II) . Total consideration of acquisitions is RMB2.30 billion . Beijing Sunac agreed to acquire and vendor II agreed to dispose of 49% equity interest in Chengdu Lianchuang Rongjin for RMB1.62bln .Beijing Sunac agreed to acquire 30% equity and debt interest in Beijing Rongzhi Ruifeng at total consideration of RMB686.8 million.  Full Article

Sunac China Holdings updates on acquisition of further shares in Jinke Property
Tuesday, 24 Jan 2017 06:38am EST 

Sunac China Holdings Ltd <1918.HK>: During period from 11 November 2016 to 24 January 2017, group further acquired 329.9 million Jinke shares at open market .Deal for a total consideration of approximately RMB1.72 billion.  Full Article

Leshi Internet Information brings in strategic investors
Friday, 13 Jan 2017 07:38am EST 

Leshi Internet Information and Technology Corp Beijing <300104.SZ> : Says Huaxia Life to invest Leshi Zhixin . Says Huaxia Life to invest 400 million yuan ($57.98 million) in Leshi Zhixin's registered capital .Says shares to resume trade on Jan 16.  Full Article

Sunac China Holdings says Sunac Real Estate entered into capital increase agreement with Homelink and operation shareholders of Homelink
Monday, 9 Jan 2017 03:39am EST 

Sunac China Holdings Ltd <1918.HK>- : Sunac Real Estate entered into capital increase agreement with Homelink and operation shareholders of Homelink . Deal at consideration of rmb2.60 billion .Upon completion of capital increase, company will indirectly hold 6.25% equity interest in Homelink.  Full Article

Sunac China Holdings entered into framework agreements
Tuesday, 20 Dec 2016 07:04am EST 

Sunac China Holdings Ltd <1918.HK>: Hangzhou Jinhan agreed to dispose of 17.34% equity and debt interests in Hangzhou Jinhe for rmb96.9 million . Unit Hangzhou Rongxinheng as purchaser, entered into first framework agreement with Hangzhou Jinhan . Hangzhou Rongxinheng agreed to acquire and Hangzhou Jinhan agreed to dispose of 17.34% equity and debt interests in Hangzhou Jinhe .Aggregate consideration for first acquisition under first framework agreement was rmb435.7 million.  Full Article

Sunac China posts November contracted sales value of RMB22.45 bln
Monday, 5 Dec 2016 09:21am EST 

Sunac China Holdings Ltd <1918.HK>: In november 2016, group achieved a subscription value of rmb23.09 billion .In november 2016, group achieved contracted sales value of rmb22.45 billion.  Full Article

Sunac China says unit entered into equity transfer agreement with Calxon Group (Shanghai)
Tuesday, 29 Nov 2016 08:47am EST 

Sunac China Holdings Ltd <1918.HK> : Unit entered into equity transfer agreement with calxon group (shanghai) limited company . Sunac china holdings - Sunac (Qingdao) Real Estate Co succeeded in bid for entire equity interest in Qingdao Calxon Real Estate Development Co . Purchaser agreed to acquire, and vendor agreed to sell, entire equity interest in target company at a consideration of rmb 3.66 billion .Sunac china -in connection with equity transfer agreement, beijing sunac property construction and investment provided guarantee in amount of rmb 2.35 billion.  Full Article

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