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Hi-P International Ltd (HIPI.SI)

HIPI.SI on Stock Exchange of Singapore

0.92SGD
24 May 2017
Change (% chg)

$0.05 (+5.75%)
Prev Close
$0.87
Open
$0.88
Day's High
$0.94
Day's Low
$0.87
Volume
4,920,500
Avg. Vol
813,103
52-wk High
$0.94
52-wk Low
$0.31

Latest Key Developments (Source: Significant Developments)

Hi-P International Co increased paid-up capital of unit by cash injection
Friday, 19 May 2017 06:09am EDT 

May 19 (Reuters) - Hi-p International Ltd ::Co by cash injection of USD15 million increased paid-up capital of Hi-P (Suzhou) Electronics to USD20 million.Cash injection is not expected to have any material impact on group's earnings per share for financial year ending 31 December 2017.  Full Article

Hi-P Int'l says unit accepted UOB's offer of bills of exchange purchased facility
Thursday, 25 Aug 2016 05:27am EDT 

Hi-P International Ltd : Bills of exchange purchased facility of US$30,000,000 from united overseas bank limited) . Unit accepted the offer from united overseas bank limited of a bills of exchange purchased facility . Facility of US$30 million for the discounting or purchasing of its bep (including outward/export bills) . Facility is not expected to have any material effect on nta per share and earnings per share of co and group for current FY ending 31 December 2016. .  Full Article

Hi-P International says Tay Ewee Liang, deputy CEO, tenders resignation
Wednesday, 8 Jun 2016 05:17am EDT 

Hi-P International Ltd : Says tay ewee liang, the company's deputy chief executive officer has tendered resignation .  Full Article

Hi-P International Ltd updates on arbitration between Hi P Electronics and Yota Devices
Friday, 21 Aug 2015 07:11am EDT 

Hi-P International Ltd:Says arbitration between Hi P Electronics-pte. ltd. and yota devices limited.Hi P Electronics-pte. commenced arbitration proceedings against yota devices limited for claims of a total sum of approximately USD126 million.Says company is confident of Hi P-electronics' claim.Hi-p international- financial impact of dispute on financial statements for FY ending 31 December 2015 will depend on the outcome of the claim.Hi P Electronics-intends to pursue the claim strenuously, including obtaining release of sum of US$15 million held in escrow account.  Full Article

Hi-P International Ltd accepted offer of credit facility of S$25,000,000
Thursday, 30 Jul 2015 06:07am EDT 

Hi-P International Ltd:Accepted the offer of a credit facility of S$25,000,000 from United Overseas Bank.Facility has a tenor of up to six months.It is uncommitted and unsecured and repayable on demand.Intends to apply the Facility for general working capital purposes.  Full Article

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