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

PWRD.O on Nasdaq

18.73USD
27 Feb 2015
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$-0.17 (-0.90%)
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Latest Key Developments (Source: Significant Developments)

Perfect World Co Ltd gives Q4 2014 revenue guidance in line with analysts' estimates
Tuesday, 25 Nov 2014 05:00pm EST 

Perfect World Co Ltd:Expects Q4 2014 total revenues to be between 1.023 billion yuan and 1.072 billion yuan.Q4 2014 revenue of 1.052 billion yuan - Thomson Reuters I/B/E/S.  Full Article

Perfect World Co Ltd enters into agreement to sell its shares in shanda games
Tuesday, 2 Sep 2014 10:00pm EDT 

Perfect World Co Ltd:Says that it has entered into a definitive agreement to sell a total of 30,326,005 class A ordinary shares of Shanda Games Limited, being the entire equity interest that Perfect World previously acquired.Pursuant to the agreement, the company will sell these shares to Shanghai Buyout Fund L.P., a third party unrelated to Perfect World, at a premium for a total consideration of $104,624,717 in cash.The transaction is expected to be consummated in 30 days.  Full Article

Perfect World Co Ltd gives Q3 2014 revenue guidance
Monday, 18 Aug 2014 05:00pm EDT 

Perfect World Co Ltd:Says total revenues for Q3 2014 are expected to be between 956 million yuan and 1,003 million yuan.  Full Article

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

Chinese game maker Perfect World gets go-private bid from founder

- Chinese online game developer Perfect World Co Ltd said it received a go-private proposal from founder and Chairman Michael Yufeng Chi at $20 per ADS, valuing the company at nearly $1 billion.

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