Key Developments: China Unicom Hong Kong Ltd (CHU)
14.86USD
17 May 2013
$0.08 (+0.54%)
$14.78
$14.79
$14.92
$14.68
467,616
744,447
$17.68
$12.16
Latest Key Developments (Source: Significant Developments)
China Unicom (Hong Kong) Ltd Appoints New Auditor
China Unicom (Hong Kong) Ltd announced that PricewaterhouseCoopers will retire as auditor of the Group upon expiration of its current term of office at the close of the forthcoming AGM. On March 21, 2013, the Board, as recommended and approved by the audit committee of the Company, has resolved to appoint KPMG as the Group’s new auditor to hold office until the conclusion of the next annual general meeting of the Company, subject to the approval of shareholders of the Company at the AGM. Full Article
China Unicom (Hong Kong) Ltd Proposes Final Dividend
China Unicom (Hong Kong) Ltd announced that its Board of Directors has proposed to pay a final dividend of RMB0.12 per share (the 2012 Final Dividend), with an aggregate amount of approximately RMB2.828 billion, to the shareholders. If approved by shareholders at the AGM, the 2012 Final Dividend is expected to be paid in Hong Kong dollars on or about June 13, 2013 to those members registered in the Company’s register of members as at May 29, 2013 (Dividend Record Date). Full Article
China Unicom (Hong Kong) Ltd's Subsidiary Announces Completion of Proposed Acquisition of Unicom New Horizon Telecommunications Company Ltd
China Unicom (Hong Kong) Ltd announced that with reference to the announcements dated November 21, 2012 and December 21, 2012, the Company announced that all of the conditions precedent to the completion of the Proposed Acquisition were satisfied (or, if applicable, waived) on December 26, 2012 and completion of the Proposed Acquisition took place on the same day. Following the completion of the Proposed Acquisition, Unicom New Horizon Telecommunications Company Ltd is a wholly owned subsidiary of CUCL and an indirect wholly owned subsidiary of the Company. Full Article
China Unicom (Hong Kong) Ltd Completes Issue Of Commercial Paper
China Unicom (Hong Kong) Ltd announced that CUCL, a wholly owned subsidiary of the Company, completed the issue of the third tranche of commercial paper for the year 2012 of an amount of RMB8 billion on October 25, 2012, with a maturity period of 365 days and at an interest rate of 4.2% per annum. Interests will accrue from October 25, 2012. Full Article
China Unicom (Hong Kong) Ltd Does Not Declare Interim Dividend
China Unicom (Hong Kong) Ltd announced that it was resolved by the Board that no interim dividend for the six months ended June 30, 2012 will be paid. Full Article
Telefonica SA Completes Sale Of 4.56% Stake In China Unicom (Hong Kong) Ltd To China United Network Communications Group Company Limited
Telefonica SA announced that, following the press release published on June 10, 2012, related to the agreement between Telefonica SA (through its 100% subsidiary, Telefonica Internacional SAU), and China United Network Communications Group Company Limited, for the acquisition by this last company of 1,073,777,121 shares of China Unicom (Hong Kong) Ltd, owned by Telefonica (equivalent to 4.56% of the share capital), after obtaining the relevant regulatory authorizations, the transaction has been completed, having received Telefonica HK $10,748 million (approximately EUR 1,142 million). Full Article
China Unicom's Q1 net profit up 89 pct
HONG KONG, April 25 - China Unicom (Hong Kong) Ltd , the country's second-biggest mobile phone operator, posted an 89 percent rise in net profit for the January-March period due to a rising number of subscribers spending more on data.
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
