Key Developments: China Vanguard Group Ltd (8156.HK)

8156.HK on Hong Kong Stock

3.59HKD
2 Sep 2014
Price Change (% chg)

HK$-0.08 (-2.18%)
Prev Close
HK$3.67
Open
HK$3.61
Day's High
HK$3.65
Day's Low
HK$3.58
Volume
379,000
Avg. Vol
2,446,421
52-wk High
HK$6.29
52-wk Low
HK$0.18

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Latest Key Developments (Source: Significant Developments)

China Vanguard Group Ltd's Guangzhou YBDS and Yunbo Digital Synergy Group Ltd's CVCM enter into strategic cooperative agreement
Sunday, 31 Aug 2014 06:16am EDT 

China Vanguard Group Ltd and Yunbo Digital Synergy Group Ltd:Say that Guangzhou YBDS and China Vanguard Corporate Management Ltd (CVCM) have entered into strategic cooperative agreement.Pursuant to strategic cooperative agreement, Guangzhou YBDS and CVCM will make use of their capability in software and hardware development to connect.And integrate POS terminals so that all CVG's lottery distribution points will be equipped with YBDS' non-cash online and offline payment system, including those on China Telecom's Bestpay platform.Which can be used by mobile payment, contactless payment, payment by cards issued by China Unionpay and other financial institution.  Full Article

China Vanguard Group Ltd announces signing of cooperative agreement with Chongqing Welfare Lottery Administration Centre
Thursday, 14 Aug 2014 09:53am EDT 

China Vanguard Group Ltd:Says that a direct wholly owned subsidiary of the company entered into agreement with Chongqing Welfare Lottery Administration Centre and Chongqing Public E-Card.Pursuant to agreement, the group will be responsible for, among others, (i) the establishment and maintenance of lottery sales platform being authorized by Chongqing Welfare Lottery Administration Centre.(ii) the sale of various computer-generated ticket games through lottery sales platform; (iii) assisting Chongqing Welfare Lottery Administration Centre in marketing and promotion of lottery sale.Chongqing Welfare Lottery Administration Centre will pay the group certain percentage of total sales generated.  Full Article

China Vanguard Group Ltd does not recommend interim dividend
Wednesday, 14 May 2014 09:39am EDT 

China Vanguard Group Ltd:Says board does not recommend payment of any dividend for three months and nine months ended March 31 (three months and nine months ended March 31, 2013: nil).  Full Article

China Vanguard Group Ltd gives Q1 2014 profit guidance
Friday, 11 Apr 2014 07:54am EDT 

China Vanguard Group Ltd:Expects to record significant increase in profit for Q1 2014 as compared to corresponding period of previous year and a profit for nine months ended March 31, as compared to a loss for the corresponding period of previous year.  Full Article

China Vanguard Group Ltd does not recommend interim dividend
Friday, 14 Feb 2014 06:53am EST 

China Vanguard Group Ltd:Says the board does not recommend the payment of any dividend for the three months and six months ended Dec. 31, 2013 (three months and six months ended Dec. 31, 2012: nil).  Full Article

China Vanguard Group Ltd announces issue of convertible bonds
Monday, 13 Jan 2014 05:06pm EST 

China Vanguard Group Ltd:Says that on Jan. 13, it entered into a subscription agreement with the subscriber in relation to the issue of convertible bonds.Says the gross proceeds from the issue of the convertible bonds will be HK$89,625,000.Says the net proceeds from the issue of the convertible bonds of about HK$89,400,000 are intended to be used for working capital of the company and repayment of loans.Says the initial conversion price is HK$2.39 per conversion share.Says the convertible bonds shall bear interest at rate of 2 pct. per annum.Says the interest will be payable by the company annually in arrears on the interest repayment date.  Full Article

China Vanguard Group Ltd comments on Q2, H1 2014 profit guidance
Sunday, 12 Jan 2014 11:23pm EST 

China Vanguard Group Ltd:Says that it expects to record a profit for the second quarter of 2014 and a significant decrease in loss for the first half of 2014 as compared with the corresponding periods last year.Says it was mainly attributable to an increase in revenue of lottery business and property development business.  Full Article

China Vanguard Group Ltd gives FY 2013 earnings guidance
Thursday, 12 Sep 2013 08:00pm EDT 

China Vanguard Group Ltd:Expects to record a loss for FY 2013.  Full Article

China Vanguard Group Ltd Comments On H2 2012 Earnings Guidance
Thursday, 24 Jan 2013 09:00am EST 

China Vanguard Group Ltd announced that for the second half of 2012, it expects to record an increase in net loss as compared to the net loss for the second half of 2011. Based on the information available to the Board, the anticipated increase in net loss for the second half of 2012 was mainly attributable to an decrease in revenue of lottery business.  Full Article

China Vanguard Group Ltd Does Not Declare Dividend
Friday, 9 Nov 2012 04:02am EST 

China Vanguard Group Ltd announced that its Board does not recommend the payment of any dividend for the three months ended September 30, 2012 (Period 2011: Nil).  Full Article

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