Key Developments: Comba Telecom Systems Holdings Ltd (2342.HK)

2342.HK on Hong Kong Stock

2.40HKD
25 Jul 2014
Price Change (% chg)

HK$0.01 (+0.42%)
Prev Close
HK$2.39
Open
HK$2.41
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HK$2.41
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HK$2.37
Volume
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Avg. Vol
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HK$2.96
52-wk Low
HK$1.87

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Latest Key Developments (Source: Significant Developments)

Comba Telecom Systems Hldg Ltd does not declare final dividend
Friday, 28 Mar 2014 12:25am EDT 

Comba Telecom Systems Hldg Ltd:Resolves not to declare a final dividend for FY 2013 (2012: nil).  Full Article

Comba Telecom Systems Hldg Ltd's Comba Systems BVI enters into agreement with WaveLab Holdings
Tuesday, 24 Dec 2013 03:22am EST 

Comba Telecom Systems Hldg Ltd:Says on Dec. 24, Comba Systems BVI entered into with WaveLab Holdings the WTAP Agreement.Says the agreement is for the Group’s procurement of WTAPs and relevant maintenance services and WTAP-Components Agreement for supply of necessary components used in manufacture of WTAPs and IDU Services Agreement for the Group’s IDU Processing.Says each of which is for a term of three years commencing from Jan. 01, 2014 and ending on Dec. 31, 2016.Says Comba Telecom Systems Investments Limited (Comba Systems BVI) is a wholly-owned subsidiary of the Company.  Full Article

Comba Telecom Systems Hldg Ltd Appointed As Official Supplier Of Turnkey Wireless Network Systems At Further Four Stadiums Hosting The 2014 Fifa World Cup Brazil
Monday, 18 Nov 2013 11:05pm EST 

Comba Telecom Systems Hldg Ltd announced that it has been appointed as the official supplier of turnkey wireless network systems at a further four stadiums hosting the 2014 FIFA World Cup Brazil, in which 8 out of 12 stadiums in Brazil hosting the tournament in 2014 will have wireless network systems installed by using the Group’s products and solutions. The Group recently gained contracts for services and solutions valued over BRL60 million (over USD25 million), pursuant to which the Group has agreed to install a series of distributed antenna systems (DAS) using fi ber optic RF remote units, antennas, filter and RF conditioning equipment to enable multi-operator, multi-band and multi-technology wireless networks covering both indoor and outdoor environments in and around the stadiums for users of mobile devices on iDEN, 2G, 3G, 4G LTE and Wi-Fi standards. The 4 new stadiums include the Arena de Sao Paulo (host venue of the official opening ceremony of 2014 FIFA World Cup Brazil), Arena da Baixada in Curitiba, Amazon Arena in Manaus and the Estadio Beira-Rio in Porto Alegre.  Full Article

Comba Telecom Systems Hldg Ltd Does Not Recommend Final Dividend
Friday, 22 Mar 2013 06:30am EDT 

Comba Telecom Systems Hldg Ltd announced the directors of the Company have resolved not to declare a fi nal dividend for the year ended December 31, 2012.  Full Article

Comba Telecom Systems Hldg Ltd Comments On FY 2012 Profit Guidance
Thursday, 31 Jan 2013 05:48am EST 

Comba Telecom Systems Hldg Ltd announced that the Group expects to report a loss in the results for fiscal 2012 (the Current Year), which is primarily attributable to the following factors; The overall gross profit margin of the Group may fall due to the increase in the cost of sales caused by the inflation, the increasingly fierce competition in the telecommunications industry and the unrealized sales scalability of new products and new businesses; Continuous global expansion of the sales and service networks of the Group resulted in the surge in operating costs; Inventories write-off and other assets impairment resulted in the decrease in the overall gross profit margin and the increase in the expenses of the Group. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $100.41 million for fiscal 2012.  Full Article

Comba Telecom Systems Hldg Ltd's Indirect Subsidiary Enters Term Loan Facility
Thursday, 31 Jan 2013 05:48am EST 

Comba Telecom Systems Hldg Ltd announced that with reference to the announcement dated June 26, 2012. Comba Telecom Systems Ltd, an indirect subsidiary of the Company, as borrower (the Borrower) entered into a facility agreement in respect of a term loan facility in an amount of USD210,000,000, with a group of financial institutions (the Lenders). The Company also announced that the Company and three of its wholly owned subsidiaries, namely Comba Telecom Systems Investments Limited, Praises Holdings Limited and Comba Telecom Limited, also entered into the Facility Agreement as guarantors.  Full Article

Comba Telecom Systems Hldg Ltd Wins Bangkok Metro Railway Contract To Provide 2G And 3G Wireless System Solution
Thursday, 20 Sep 2012 05:00am EDT 

Comba Telecom Systems Hldg Ltd announced that it has been awarded a contract by the Bangkok Metro Public Company Limited (BMCL) to provide an end-to-end wireless solution to enable 2G and 3G voice and data communications throughout the underground railway network.  Full Article

Comba Telecom Systems Hldg Ltd Signing Nanocell Cooperative MOU With China Mobile Research Institute
Wednesday, 22 Aug 2012 09:30am EDT 

Comba Telecom Systems Hldg Ltd announced that it has signed a memorandum of understanding (MOU) with China Mobile Research Institute (CMRI) for a joint research project on the nanocell technology. The MOU outlines the scope of cooperation including research into Nanocell commercial applications, key features, network architecture, amongst others.  Full Article

Comba Telecom Systems Hldg Ltd Does Not Recommend Interim Dividend
Wednesday, 22 Aug 2012 07:40am EDT 

Comba Telecom Systems Hldg Ltd announced that the directors of the Company have resolved not to declare an interim dividend for the six months ended 30 June 2012.  Full Article

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