Key Developments: Perfect World Co Ltd (PWRD.OQ)

PWRD.OQ on NASDAQ Stock Exchange Global Select Market

19.43USD
11 Jul 2014
Price Change (% chg)

$0.13 (+0.67%)
Prev Close
$19.30
Open
$19.25
Day's High
$19.65
Day's Low
$19.12
Volume
56,015
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126,720
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$26.25
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$16.27

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Latest Key Developments (Source: Significant Developments)

Perfect World Co Ltd gives Q2 2014 revenue guidance
Monday, 19 May 2014 12:00pm EDT 

Perfect World Co Ltd:Says total revenues for Q2 2014 are expected to be between 891 million yuan and 936 million yuan, representing an increase of 0 pct to 5 pct on a sequential basis.  Full Article

Perfect World Co Ltd enters into agreements to acquire shares in Shanda Games Limited
Monday, 21 Apr 2014 06:30am EDT 

Perfect World Co Ltd:Enters into share purchase agreement to acquire total of 30,326,005 class A ordinary shares of Shanda Games Limited.Pursuant to share purchase agreement, the Company will acquire these shares from wholly-owned subsidiary of Shanda Interactive Entertainment Limited, the controlling shareholder of Shanda Games for total consideration of $100 mln in cash.Purchase is expected to be consummated in 30 days.Perfect World has also enters into adherence agreement to become party to consortium agreement dated as of Jan. 27 between Shanda Interactive Entertainment Limited and Primavera Capital (Cayman) Fund I L.P., an affiliate of Primavera Capital Limited.To participate as new member of consortium in proposed going private transaction with respect to Shanda Games.Consortium has submitted a preliminary non-binding proposal letter dated Jan. 27 board of Shanda Games, whereby Consortium proposed to acquire Shanda Games in going private transaction for $3.45 per class A or class B ordinary share of Shanda Games, or $6.90 per ADS.  Full Article

Perfect World Co Ltd gives Q1 2014 revenue guidance
Monday, 10 Mar 2014 05:00pm EDT 

Perfect World Co Ltd:Expects Q1 2014 total revenues to be between 841 million yuan and 887 million yuan.  Full Article

Perfect World Co Ltd announces dividend
Monday, 10 Mar 2014 05:00pm EDT 

Perfect World Co Ltd:Declares annual cash dividends of USD0.096 per Class A or Class B ordinary share, or USD0.48 per ADS, each representing five Class B ordinary shares of the Company.Cash dividends are expected to be distributed in or around Apr. 2014.  Full Article

Perfect World Co Ltd to sell chinese online reading business to Beijing Baidu Netcom Science Technology Co., Ltd
Friday, 27 Dec 2013 05:00am EST 

Perfect World Co Ltd:Says it has entered into a definitive agreement to sell Beijing Huanxiang Zongheng Chinese Literature Website Co., Ltd. to Beijing Baidu Netcom Science Technology Co., Ltd.Says the total consideration will be about 191.5 mln Renminbi.  Full Article

Perfect World Co Ltd issues Q4 2013 revenue guidance
Monday, 25 Nov 2013 04:45pm EST 

Perfect World Co Ltd:Sees total revenues for the fourth quarter of 2013 to be between RMB850 million and RMB892.  Full Article

Perfect World Co Ltd And Cryptic Studios Shadowmantle Module Launches On December 05, 2013
Thursday, 21 Nov 2013 09:00am EST 

Perfect World Co Ltd and Cryptic Studios announced that the widely-praised free-to-play action MMORPG Neverwinter, set in the Dungeons & Dragons Forgotten Realm universe from Wizards of the Coast, will launch Shadowmantle, its second expansion, on December 5, 2013. This free content update introduces the Hunter Ranger as a new character class, and an entirely new zone, The Dread Ring, buried deep in Neverwinter Wood.  Full Article

Perfect World Co Ltd Announces Agreements To Invest In Two Gaming Portals
Tuesday, 12 Nov 2013 06:20am EST 

Perfect World Co Ltd announced that it has entered into definitive agreements to acquire 100% equity interest in Wuhu Huitian Shengshi Network Technology Co., Ltd. (Wuhu Huitian) for approximately RMB255 million and a minority equity interest in Beijing Shouyou Daqu Technology Co., Ltd. (Daqu) from Beijing Huitian Shengshi Technology Co., Ltd. (Beijing Huitian) for approximately RMB40 million.  Full Article

Perfect World Co Ltd Issues Q3 2013 Revenue Guidance Above Analysts' Estimates
Monday, 19 Aug 2013 05:00pm EDT 

Perfect World Co Ltd announced that for the third quarter of 2013, total revenues are expected to be between RMB779 million and RMB815 million, representing an increase of 10% to 15% on a sequential basis. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of RMB715 million for the third quarter of 2013.  Full Article

Perfect World Co Ltd Issues Q2 2013 Revenue Guidance Above Analysts' Estimates
Tuesday, 28 May 2013 05:15pm EDT 

Perfect World Co Ltd announced that total revenues for the second quarter of 2013 are expected to be between RMB656 million and RMB687 million, representing an increase of 5% to 10% on a sequential basis. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of RMB635 million for the second quarter of 2013.  Full Article

Perfect World joins consortium offering to buy out Shanda Games

- China's online game developer Perfect World Co Ltd said it joined the consortium offering to buy rival Shanda Games Ltd.

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