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Lead Eastern Investment Co Ltd (000673.SZ)

000673.SZ on Shenzhen Stock Exchange

11.64CNY
21 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Lead Eastern Investment subsidiary to fully acquire Hebei-based cultural media unit
Wednesday, 8 Nov 2017 11:59pm EST 

Nov 9 (Reuters) - Lead Eastern Investment Co Ltd <000673.SZ> ::Says its wholly owned screen culture subsidiary plans to buy 49 percent stake in a Hebei-based cultural media unit.Transaction price is 293.8 million yuan .The subsidiary will hold 100 percent stake in target company after transaction .  Full Article

Lead Eastern Investment signs contract to acquire 80 pct stake in media firm for 5 mln yuan
Sunday, 5 Nov 2017 09:45pm EST 

Nov 6(Reuters) - Lead Eastern Investment Co Ltd <000673.SZ>:Says it signed a contract on Nov. 3, to acquire 80 percent stake in a Hangzhou-based media company for 5 million yuan .  Full Article

Lead Eastern Investment to raise stake in Beijing-based tech firm to 40 pct
Friday, 3 Nov 2017 04:36am EDT 

Nov 3 (Reuters) - Lead Eastern Investment Co Ltd <000673.SZ>:Says it will acquire 20 percent stake in Beijing-based tech firm for 4 million yuan and boost capital at the tech firm by 10 million yuan after acquisition .Says it will raise stake in Beijing-based tech firm to 40 percent after transaction .  Full Article

Lead Eastern Investment completes establishment of Shanghai-based cultural communication JV
Friday, 3 Nov 2017 04:27am EDT 

Nov 3 (Reuters) - Lead Eastern Investment Co Ltd <000673.SZ>:Says it completed establishment of Shanghai-based cultural communication JV with partner and holds 51 percent stake in the JV.Says the previous plan was disclosed on Sept. 12 .  Full Article

Lead Eastern Investment to acquire 87.9 pct stake in tech firm
Monday, 30 Oct 2017 04:39am EDT 

Oct 30(Reuters) - Lead Eastern Investment Co Ltd <000673.SZ>:Says it plans to acquire 87.9 percent stake in a Beijing-based technology firm, at the price of 9.5 million yuan .  Full Article

Lead Eastern Investment to invest 5.1 mln yuan to set up JV
Monday, 11 Sep 2017 11:25pm EDT 

Sept 12(Reuters) - Lead Eastern Investment Co Ltd <000673.SZ>:Says co plans to set up JV with a Shanghai-based cultural communication firm (partner).Says the JV will be mainly engaged in design, development and operation of wedding venues and parent-child projects .Says co and partner will invest 5.1 million yuan and 4.9 million yuan in the JV respectively.Says co and partner will hold a 51 percent stake and a 49 percent stake in the JV respectively.  Full Article

Lead Eastern Investment says change of CFO
Thursday, 31 Aug 2017 07:51am EDT 

Aug 31(Reuters) - Lead Eastern Investment Co Ltd <000673.SZ>:Says it names Sun Yongqiang as new chief financial officer to replace Wu Shuxiang.  Full Article

Lead Eastern Investment to invest 39.5 mln yuan to set up two joint ventures
Wednesday, 23 Aug 2017 11:27pm EDT 

Aug 24(Reuters) - Lead Eastern Investment Co Ltd <000673.SZ>:Says it plans to invest 24.5 million yuan to set up a cloud platform operation JV with a media firm, and the company will hold a 49 percent stake in the JV.Says it plans to invest 15 million yuan to set up a media JV with partners, and the company will hold a 30 percent stake in the JV.  Full Article

Lead Eastern Investment's shareholders to increase stake in the company
Tuesday, 22 Aug 2017 07:47am EDT 

Aug 22 (Reuters) - Lead Eastern Investment Co Ltd <000673.SZ>:Says owner or controlling shareholder and parties acting in concert plan to increase shareholdings in the company for up to 100 million yuan ($15.01 million) within six months.  Full Article

Lead Eastern Investment sees H1 2017 net profit fall about 18 pct
Friday, 14 Jul 2017 04:05am EDT 

July 14 (Reuters) - Lead Eastern Investment Co Ltd <000673.SZ>: :* Sees net profit for H1 2017 to decrease about 18 percent, or to be about 25.5 million yuan, compared to net profit of the same period in 2016 (31.2 million yuan).* Comments that increased costs and expenses is the main reason for the forecast.  Full Article

BRIEF-Lead Eastern Investment subsidiary to fully acquire Hebei-based cultural media unit

* Says its wholly owned screen culture subsidiary plans to buy 49 percent stake in a Hebei-based cultural media unit