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Xinhua Holdings Ltd (9399.T)

9399.T on Tokyo Stock Exchange

74JPY
27 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Xinhua Holdings unit to sell 50 pct stake in unit for 15 mln yen and says abolition of business segment
Tuesday, 13 Sep 2016 11:20pm EDT 

Xinhua Holdings Ltd <9399.T>: Says its unit Xinhua Financial Network to sell entire holding 50 percent stake in Hong Kong-based unit Fortune China Public Relations to Zhou Zhou Zhen on Sep. 30 . Says transaction price of 15 million yen .Says it plans abolition of financial information distribution business segment (financial information distribution business) due to the transaction.  Full Article

Xinhua Holdings to issue new shares via private placement
Tuesday, 12 Jul 2016 10:34pm EDT 

Xinhua Holdings Ltd <9399.T>: Says it to issue 570,000 new shares via private placement to Lie Wan Chie on July 13 .Says it to raise HK$3.3 million or about 43.9 million yen in total.  Full Article

Xinhua Holdings issues new shares through private placement for HK$ 2,898,000
Tuesday, 24 May 2016 02:21am EDT 

Xinhua Holdings Ltd <9399.T>: Says it has issued 500,000 new shares of common stock through private placement . Says issue price at HK$ 5.80 per share, or HK$ 2,898,000 in all .Effective date May 24.  Full Article

Lai Man Kon to decrease stake in Xinhua Holdings to 8.7 pct from 14.8 pct
Monday, 9 May 2016 02:26am EDT 

Xinhua Holdings Ltd <9399.T>:Says the main shareholder Lai Man Kon will decrease stake in Xinhua Holdings to 8.7 percent from 14.8 percent.  Full Article

Xinhua Holdings amends consolidated full-year outlook for FY 2015
Thursday, 12 Nov 2015 11:35pm EST 

Xinhua Holdings Ltd:Says the company lowered the consolidated full-year outlook for revenue to $4,435,000 from $4,711,000, for FY ending Dec. 31, 2015.Sees an increase of operating profit forecast to a loss of $3,201,000 from a loss of $3,736,000.Sees an increase of ordinary profit forecast to a loss of $4,389,000 from a loss of $5,288,000.Sees an increase of net profit forecast to a loss of 4,366,000 from a loss of $5,242,000.Sees an increase of earnings per share to a loss of $1.64, from a loss of $2.02.Comments the sale of GINSMS Inc. is the main reason for the forecast.  Full Article

Xinhua Holdings to issue shares through private placement as debt-equity swap
Wednesday, 28 Oct 2015 01:20am EDT 

Xinhua Holdings Ltd:To issue 4,905,631 shares at HK$17.5225 per share (273 yen per share), through private placement (debt-equity swap), to three individuals and One Heart International Limited, for debt repayment.To raise 1,339 mln yen.One Heart International Limited to hold 33.45 pct stake in the company.Lai Man Kon to hold 15.16 pct stake in the company.LIE WAN CHIE to hold 10.35 pct stake in the company.  Full Article

Xinhua Holdings subsidiary increases voting rights in GINSMS
Friday, 25 Sep 2015 01:00am EDT 

Xinhua Holdings Ltd:Wholly owned subsidiary Xinhua Mobile Limited is holding 63.58 pct voting rights in Canada-based company GINSMS, up from 54.57 pct, after conversion to ordinary shares of convertible bonds.  Full Article

Xinhua Holdings amends consolidated full-year outlook for FY 2015
Wednesday, 16 Sep 2015 03:00am EDT 

Xinhua Holdings Ltd:Says the company increased the consolidated full-year outlook for revenue to $4,711,000 from $3,493,000, for the fiscal year ending Dec. 31, 2015.Sees a decrease of operating profit forecast to a loss of $3,736,000 from a loss of $2,975,000.Sees a decrease of ordinary profit forecast to a loss of $5,288,000 from a loss of $4,339,000.Sees a decrease of net profit forecast to a loss of $5,242,000 from a loss of $4,293,000.Sees a decrease of earnings per share to a loss of $2.02 from a loss of $1.66.Comments the acquisition of GINSMS Inc. is the main reason for the forecast.  Full Article

Xinhua Holdings subsidiary completes acquisition of stake in GINSMS
Tuesday, 8 Sep 2015 07:50pm EDT 

Xinhua Holdings Ltd:Says wholly owned subsidiary Xinhua Mobile Limited completed acquisition of 28,123,320 shares of in Canada-based company GINSMS Inc on Sep. 8.Increased voting rights in GINSMS Inc to 54.57 pct from 0 pct.Transaction amount 8 mln Canadian dollar (733 mln yen).  Full Article

Xinhua Holdings raises consolidated mid-year outlook and full-year revenue outlook for FY 2015
Wednesday, 12 Aug 2015 06:00am EDT 

Xinhua Holdings Ltd:Says the company increased the consolidated mid-year outlook for revenue to $1,713,000 from $1,484,000, for the fiscal year ending Dec. 31, 2015.Operating profit forecast increased to a loss of $1,484,000 from a loss of $1,691,000.Ordinary profit forecast increased to a loss of $1,716,000 from a loss of $1,984,000.Net profit forecast increased to a loss of $1,694,000 from a loss of $1,984,000.Earnings per share increased to a loss of $0.65 from a loss of $0.92.Says the company increased the consolidated full-year outlook for revenue to $3,493,000 from $3,264,000, for the fiscal year ending Dec. 31, 2015.Operating profit forecast increased to a loss of $2,975,000 from a loss of $3,182,000.Ordinary profit forecast decreased to a loss of $4,339,000 from a loss of $3,461,000.Net profit forecast decreased to a loss of $4,293,000 from a loss of $3,461,000.Earnings per share decreased to a loss of $1.66 from a loss of $1.61.Says mid-year outlook and full-year revenue outlook raised due to the increased sales in financial information distribution business, increased sale price and cost reduction.  Full Article

BRIEF-Xinhua Holdings unit to sell 50 pct stake in unit for 15 mln yen and says abolition of business segment

* Says its unit Xinhua Financial Network to sell entire holding 50 percent stake in Hong Kong-based unit Fortune China Public Relations to Zhou Zhou Zhen on Sep. 30