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Swire Pacific Ltd (0019.F)

0019.F on Frankfurt Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Swire near deal for $1 billion Coke bottling operations - Bloomberg, citing sources
Thursday, 17 Nov 2016 02:01am EST 

: Swire near deal for $1 billion coke bottling operations - Bloomberg, citing sources . Deal announcement may come as soon as this week - Bloomberg, citing sources . Swire is close to an agreement to purchase stakes in Coca-Cola bottlers from Cofco’s China Foods Ltd subsidiary - Bloomberg, citing sources Source : (http://bloom.bg/2g0QIlw) ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Swire Pacific enters sale and purchase agreement
Friday, 28 Oct 2016 10:48am EDT 

Swire Pacific Ltd <0019.HK> : Entered into sale and purchase agreement on 28th october 2016 for sale of swire properties' 100% interest in target company . Total cash consideration of hk$6.53 billion .Swire properties is expected to record a gain on disposal of approximately hk$1.17 billion.  Full Article

Swire Pacific posts half-year net profit HK$5.06 billion<0019.HK>
Thursday, 18 Aug 2016 12:02am EDT 

Swire Pacific Ltd <0019.HK>: A Swire Pacific B-2016 interim results <0019.HK> . HY net profit HK$5.06 billion versus HK$7.98 billion . HY revenue HK$30.08 billion versus HK$31.63 billion . Given uncertain economic outlook, demand for office space is likely to be subdued in the second half of year . Declared first interim dividends of HK 100.0 cents per 'A' share . High occupancy in our properties is likely to underpin rents . Fall in retail sales in hong kong has made retailers more cautious . Residential leasing market is expected to be stable in the second half of 2016 . In the second half of 2016, retail sales are expected to grow modestly in mainland China. .  Full Article

Swire Pacific says Swire Coca Cola-USA signed LOI with Coca Cola Company
Thursday, 18 Feb 2016 03:21pm EST 

Swire Pacific Ltd:A Swire Pacific b-Swire Coca Cola-USA expands territory.Swire Coca Cola-USA, a subsidiary within Swire pacific's beverages division, has signed a letter of intent.Loi with the Coca Cola Company-.Loi contemplates Swire Coca Cola-USA being granted additional territory rights in the pacific northwest of the United States.Loi also contemplates the acquisition of production facilities near Seattle and Portland and distribution facilities.Financial terms were not disclosed.Loi follows territory grants agreed, under which Swire Coca Cola- USA is to receive additional territories in Colorado and Arizona.  Full Article

Swire Pacific Ltd says unit enters agreement with Coca Cola-Refreshments USA, Inc
Thursday, 24 Sep 2015 07:49am EDT 

Swire Pacific Ltd:Says Swire Coca Cola-USA and Coca Cola-refreshments USA, inc. entered into the distribution sale and purchase agreement.Under distribution sale and purchase agreement the Purchaser conditionally agreed to acquire the Distribution Assets from the Seller.Says the Coca Cola Company-the seller and the purchaser entered into the comprehensive beverage agreement.Deal for consideration US$133.0 million.Coca Cola Co- and purchaser entered into LOI, under which purchaser will acquire production assets from seller.Under the LOI, it is contemplated that Purchaser will acquire Production Assets from the Seller, subject to the execution of definitive legal documentation.These assets are in or relate to existing franchise territories of Purchaser in Denver and Colorado Springs as well as Arizona.Says it is also contemplated that Swire Coca- Cola, USA will become a member of Coca-Cola's U.S. National Product Supply.Swire Coca-Cola, USA is Purchaser and Coca-Cola Refreshments USA, Inc. is Seller.  Full Article

Swire Pacific Ltd declares first interim dividend
Friday, 4 Sep 2015 04:17am EDT 

Swire Pacific Ltd:Declares first interim dividends of HK112.0 cents (2014: HK110.0 cents) per ‘A’ share and HK22.4 cents (2014: HK22.0 cents) per ‘B’ share.Payable on Oct. 6.  Full Article

Swire Pacific Ltd announces Sale of Property
Friday, 31 Jul 2015 06:23am EDT 

Swire Pacific Ltd:Enters into sale and purchase agreement which provides for the sale of the Property by Swire Pacific to the Buyer for a cash consideration of HK$375,375,000.On completion of the Transaction, the Buyer is entitled to a cash benefit of HK$28,153,000.  Full Article

Swire Pacific says entered into framework agreement for development of Shanghai Qiantan Project
Thursday, 30 Jul 2015 08:00pm EDT 

Swire Pacific Ltd:Says entered into a framework agreement.Says if the joint venture is formed, it is expected that Swire Properties will have a 50% interest in the project.Swire Properties announces framework agreement for the development of Shanghai qiantan project.  Full Article

Swire Pacific Ltd declares second interim dividends
Thursday, 19 Mar 2015 12:02am EDT 

Swire Pacific Ltd:Declared second interim dividends of HK$2.80 per ‘A’ share and HK$0.56 per ‘B’ share.Second interim dividends will be paid on May 8, to shareholders registered at close of business on record date, being April 17.Shares of the company will be traded ex-dividend from April 15.  Full Article

Fitch: Swire Pacific' Rating Intact Despite Higher Leverage in 2017

(The following statement was released by the rating agency) HONG KONG, November 21 (Fitch) The rating on Hong Kong-based investment conglomerate Swire Pacific Limited (Swire Pacific, A-/Stable) is intact even though Fitch Ratings expects leverage to rise due to higher capex in 2017. The rating will be supported by stable rental income from Swire Pacific's 82%-owned subsidiary, Swire Properties Limited (Swire Properties, A/Stable), which accounts for 80%-90% of its cash flow from operations