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Swire Pacific Ltd (0087.HK)

0087.HK on Hong Kong Stock

12.94HKD
14 Dec 2018
Change (% chg)

HK$0.06 (+0.47%)
Prev Close
HK$12.88
Open
HK$12.90
Day's High
HK$13.00
Day's Low
HK$12.90
Volume
810,000
Avg. Vol
966,937
52-wk High
HK$14.72
52-wk Low
HK$12.00

Latest Key Developments (Source: Significant Developments)

Swire Pacific Ltd Announces Sale Of Interests In Paints Business
Thursday, 13 Dec 2018 03:30am EST 

Dec 13 (Reuters) - Swire Pacific Ltd <0019.HK>::ANNOUNCES SALE OF INTERESTS IN PAINTS BUSINESS.ESTIMATED PROFIT ON SALE OF SALE INTERESTS IS ABOUT HK$2.7 BILLION.SWIRE INDUSTRIAL TO SELL ITS 100% INTEREST IN SWIRE DURO (HOLDINGS) LIMITED AND 40% INTEREST IN AKZO NOBEL SWIRE PAINTS LTD.  Full Article

Swire Pacific Updates On Sanction Of Scheme And Confirmation Of Capital Reduction Of HAECO By High Court
Tuesday, 27 Nov 2018 11:01pm EST 

Nov 28 (Reuters) - Swire Pacific Ltd <0019.HK>::UPDATES ON SANCTION OF SCHEME AND CONFIRMATION OF CAPITAL REDUCTION OF HAECO BY HIGH COURT.UPDATES ON PROPOSAL FOR PRIVATISATION OF HONG KONG AIRCRAFT ENGINEERING CO LTD BY SWIRE PACIFIC LTD BY WAY OF A SCHEME OF ARRANGEMENT.UPDATES ON PROPOSED WITHDRAWAL OF LISTING OF HONG KONG AIRCRAFT ENGINEERING COMPANY LIMITED.SCHEME EXPECTED TO BECOME EFFECTIVE ON THURSDAY, 29 NOV 2018.SCHEME WAS SANCTIONED WITHOUT MODIFICATION BY HIGH COURT ON WEDNESDAY, 28TH NOVEMBER 2018.REDUCTION OF SHARE CAPITAL OF HAECO INVOLVED IN SCHEME WAS ALSO CONFIRMED BY HIGH COURT ON 28TH NOVEMBER.SUBJECT TO SCHEME BECOMING EFFECTIVE, LISTING OF HAECO SHARES ON STOCK EXCHANGE EXPECTED TO BE WITHDRAWN ON THURSDAY, 29TH NOV.  Full Article

Swire Pacific Updates On Sale Of Stake In Cityplaza Three & Cityplaza Four Properties
Friday, 2 Nov 2018 05:48am EDT 

Nov 2 (Reuters) - Swire Pacific Ltd <0019.HK>::UPDATES ON SALE OF STAKE IN CITYPLAZA THREE AND CITYPLAZA FOUR PROPERTIES.49% INTEREST IN PURCHASER WAS TRANSFERRED TO EAGLE FAIRWAY LTD & PURCHASER IS OWNED BY GUARANTOR & EFL AS TO 51% AND 49% RESPECTIVELY.  Full Article

Swire Pacific Updates On Proposal For Privatisation Of Hong Kong Aircraft Engineering Company
Thursday, 13 Sep 2018 10:41am EDT 

Sept 13 (Reuters) - Swire Pacific Ltd <0019.HK>::UPDATES ON PROPOSAL FOR PRIVATISATION OF HONG KONG AIRCRAFT ENGINEERING COMPANY LIMITED BY SWIRE PACIFIC LIMITED.HAECO INDEPENDENT BOARD COMMITTEE RECOMMENDS HAECO SHAREHOLDERS TO VOTE IN FAVOUR OF RELEVANT RESOLUTION TO IMPLEMENT PROPOSAL.ASSUMING THAT CONDITIONS ARE FULFILLED SCHEME WILL BECOME EFFECTIVE AND LISTING OF HAECO SHARES IS EXPECTED TO BE WITHDRAWN ON NOV 29.  Full Article

Swire Pacific Ltd Sees HK$3.90 Bln Impairment Charge For H1
Friday, 20 Jul 2018 04:30am EDT 

July 20 (Reuters) - Swire Pacific Ltd <0019.HK>::SWIRE PACIFIC OFFSHORE GROUP HY ATTRIBUTABLE LOSS EXPECTED ABOUT HK$663 MILLION.IMPAIRMENT CHARGES FOR SPO'S FLEET OF ABOUT HK$3.90 BILLION EXPECTED TO BE MADE AGAINST CONSOL PROFITS OF SWIRE PACIFIC FOR H1.IMPAIRMENT CHARGE WILL HAVE MATERIAL ADVERSE EFFECT ON CONSOL UNDERLYING PROFIT ATTRIBUTABLE TO SHAREHOLDERS OF SWIRE PACIFIC FOR H1.  Full Article

Swire Pacific Says John Robert Slosar Resigned As Chairman
Friday, 29 Jun 2018 04:30am EDT 

June 29 (Reuters) - Swire Pacific Ltd <0019.HK>::JOHN ROBERT SLOSAR HAS RESIGNED AS CHAIRMAN.MERLIN BINGHAM SWIRE HAS BEEN ELECTED CHAIRMAN.MERLIN BINGHAM SWIRE HAS BEEN RE-DESIGNATED FROM A NON-EXECUTIVE DIRECTOR TO AN EXECUTIVE DIRECTOR.JOHN ROBERT SLOSAR RESIGNED AS EXECUTIVE DIRECTOR.  Full Article

Swire Pacific's Unit In Discussions To Sell Co's Interests In Two Buildings In Hong Kong
Thursday, 10 May 2018 05:30am EDT 

May 10 (Reuters) - Swire Pacific Ltd <0019.HK>::UNIT IN DISCUSSIONS TO SELL CO'S INTERESTS IN BUILDINGS KNOWN AS "CITYPLAZA THREE" & "CITYPLAZA FOUR" LOCATED IN HONG KONG.  Full Article

Swire Pacific sees ‍impairment charges of about HK$936 mln against consol profits for 2017​
Thursday, 9 Nov 2017 03:31am EST 

Nov 9 (Reuters) - Swire Pacific Ltd <0019.HK>:Impairment charges currently estimated at about hk$936 million expected to be made against consolidated profits of co for 2017​.  Full Article

Swire Pacific posts HY net profit of HK$12.14 bln
Thursday, 17 Aug 2017 12:14am EDT 

Aug 17 (Reuters) - Swire Pacific Ltd <0019.HK>:Hy revenue HK$40,211 million, up 34 percent.Interim dividend declared of HK$1.00 per 'A' share and HK$0.20 per 'B' share.HY net profit HK$12,138 million versus HK$5,061 million.Trading conditions for our existing hotels are expected to be stable in second half of 2017.Our hotels in shanghai are expected to open by end of 2017.Retail rental income in the second half of 2017 is expected to be affected by the continued adjustments to the tenant mix.  Full Article

Swire Pacific posts FY net profit of HK$ 9.64 bln
Thursday, 16 Mar 2017 12:05am EDT 

Swire Pacific Ltd <0019.HK> : FY net profit HK$ 9,644 million versus HK$13,429 million a year ago . FY revenue HK$ 62,389 million versus HK$60,885 million . Directors have declared second interim dividends of HK 110.0 cents per `A' share and HK 22.0 cents per `B' share . "In property division, high occupancy is expected to result in office rents being resilient in Hong Kong" . "In aviation division, operating environment for Cathay Pacific Group in 2017 is expected to remain challenging" . "Cargo market got off to a good start, but overcapacity is expected to persist" . "Retail trading conditions for our hotels are expected to remain difficult in 2017" . Beverages division expects sales volume in its franchise territories in Mainland China to grow modestly in 2017. . "In USA, beverages market is expected to grow moderately." . "demand for retail space is in hong kong expected to remain firm" . "In marine services division, industry conditions for spo are expected to remain difficult " . "Retail sales are expected to grow modestly in Guangzhou and Beijing property trading: and more briskly in Chengdu" . "For office and retial, in Guangzhou, office rents are expected to be stable in 2017" ."In Beijing, office rents are office expected to be weak in 2017".  Full Article