Key Developments: Sun Hung Kai & Co Ltd (SHGKY.PK)
3.50USD
10 Apr 2013
$0.34 (+10.76%)
$3.16
$3.50
$3.50
$3.50
200
3
$3.50
$2.25
Latest Key Developments (Source: Significant Developments)
Sun Hung Kai & Co Ltd Recommends Final Dividend
Sun Hung Kai & Co Ltd announced that its Board has recommended a final dividend of HKD0.12 (2011: HKD0.10) per share payable to shareholders of the Company (the shareholders) whose names appear on the register of members of the Company on June 14, 2013, making a total dividend for the year 2012 of HKD0.22 (2011: HKD0.20) per share. Full Article
Sun Hung Kai & Co Ltd Does Not Recommend Interim Dividend
Sun Hung Kai & Co Ltd announced that the Board does not recommend the payment of an interim dividend for the six months ended June 30, 2012. No interim dividend was paid for the corresponding period last year. Full Article
Sun Hung Kai & Co. Limited Recommends Final Dividend
Sun Hung Kai & Co. Limited announced that it has recommended a final dividend of HKD0.1 (2010: HKD0.18) per share payable whose names appear on the register of members of the Company on June 8, 2012, making a total dividend for fiscal 2011 of HKD0.2 (2010: HKD0.28). Full Article
Sun Hung Kai & Co. Limited's Subsidiary Acquires Shares of Asia Alliance Holdings Co., Ltd.
Asia Alliance Holdings Co., Ltd. announced that it has issued 25,000,000 new shares, 15,000,000 new shares and 40,000,000 new shares of its common stock for JPY 10 per share to Itso Limit, Victory Domain Limited and an investment partnership, through a private placement respectively on February 24, 2012. As a result, the investment partnership has become the top shareholder of the Company with 22.87% voting rights, while SUN HUNG KAI INVESTMENT SERVICES LTD has became the second major shareholder of the Company with 14.67% voting rights, up from 8.03%, effective February 24, 2012. Itso Limited is engaged in the stock investment business, Victory Domain Limited is engaged in the investment business, and SUN HUNG KAI INVESTMENT SERVICES is engaged in the asset management company. Itso and SUN HUNG KAI INVESTMENT SERVICES are both subsidiaries of Sun Hung Kai & Co. Limited. Full Article
Sun Hung Kai & Co. Limited's Subsidiary to Increase Voting Rights in Asia Alliance Holdings Co., Ltd.
Asia Alliance Holdings Co., Ltd. announced that it has decided to issue 25,000,000 new shares of its common stock to Itso Limited, 15,000,000 new shares to Victory Domain Limited, as well as 40,000 new shares to a Tokyo-based investment partnership, at the price of JPY 10 per share through a private placement, effective February 24, 2012. As a result, the investment partnership will become the top shareholder of the Company with 22.87% voting rights, up from 0%, while SUN HUNG KAI INVESTMENT SERVICES LTD will become the second major shareholder of the Company with 18.65% voting rights, up from 8.03%, effective February 17, 2012. Itso Limited is engaged in the stock investment business, Victory Domain Limited is engaged in the investment business, and SUN HUNG KAI INVESTMENT SERVICES is engaged in the asset management company. Itso and SUN HUNG KAI INVESTMENT SERVICES are both subsidiaries of Sun Hung Kai & Co. Limited. Full Article
Sun Hung Kai & Co. Limited Declares Interim Dividend
Sun Hung Kai & Co. Limited announced that the Board has declared an interim dividend of HKD0.10 per share (2010: HKD0.10 per share) for the period under review. The interim dividend will be paid in the form of scrip, with an option to elect cash in respect of part or all of such dividend (the Scrip Dividend Scheme), to shareholders whose names appear on the register of members of the Company on September 21, 2011. A circular giving full details of the Scrip Dividend Scheme and the election form will be sent to shareholders as soon as practicable. The Scrip Dividend Scheme is conditional upon the Listing Committee of the Stock Exchange granting the listing of and permission to deal in the new shares of the Company to be issued. Dividend warrants and/or share certificates for the scrip shares are expected to be sent to shareholders on or around October 19, 2011. The register of members of the Company will be closed from September 19, 2011, to September 21, 2011, both days inclusive, during which period no transfer of shares will be registered. In order to qualify for the interim dividend, all transfer forms accompanied by the relevant share certificates must be lodged with the Company’s registrar, Tricor Secretaries Limited of 26th Floor, Tesbury Centre, 28 Queen’s Road East, Wanchai, Hong Kong for registration not later than 4:00 p.m. on September 16, 2011. Full Article
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