Real Estate Development & Operations
Crown International <0727.HK> : Group and vendor have terminated SIH SP agreement and will not proceed with SIH acquisition . decision not to proceed with SIH acquisition has no material adverse impact on business operation and financial position of group .Refers to announcement in relation to acquisition of entire equity interest in Shining International.
Hainan Haide Industry Co Ltd <000567.SZ> : Sees Q1 FY 2017 net profit to increase by 643.5 percent to 829.4 percent, or to be 16 million yuan to 20 million yuan . Says Q1 FY 2016 net profit was 2.2 million yuan .Says accomplish of business transformation as main reason for the forecast.
Hunters Property Plc
Mulpha International Bhd
Shanghai Chinafortune Co Ltd <600621.SS> : Says it will issue 416.8 million shares at 9.59 yuan per share use its real estate business assets in exchange for 66 percent stake in a Shanghai-based securities company .Says it will issue 120 million shares at 10.60 yuan per share via private placement, to raise 1.27 billion yuan for following operations.
Shenzhen Properties & Resources Development Group sees Q1 FY 2017 net profit to sharply up 51,624 pct
Shenzhen Properties & Resources Development Group Ltd <000011.SZ> : Sees Q1 FY 2017 net profit to increase by 51,624 percent, or to be 300 million yuan . Says Q1 FY 2016 net profit was 580,000 yuan .Says sharply increased revenue from real estate business as main reason for the forecast.
Yunnan Tourism Co Ltd <002059.SZ> : Sees Q1 FY 2017 net profit to be 0 to 5 million yuan . Says Q1 FY 2016 net loss was 12.3 million yuan .The main reasons for the forecast are steady development of business and contribution from controlling units.
Global Logistic Properties Limited : Update On Strategic Review . special committee remains in discussions with such parties and that these parties have commenced due diligence on company. . wishes to re-emphasise that all terms of proposals received (including price) are non-binding . company wishes to remind all shareholders of company to refrain from taking any action in respect of their shares or other securities of company . Company wishes to update that special committee remains in discussions with such parties .There is no certainty that any definitive transaction will materialise from, or that any offer will be made.
Shenzhen Sunrise New Energy Co Ltd <002256.SZ> : Sees Q1 FY 2017 net profit to increase by 0 to 30 percent, or to be 19.5 million yuan to 25.3 million yuan . Says Q1 FY 2016 net profit was 19.5 million yuan .The reason for the forecast is gain from new energy business.