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SMI Holdings Group Ltd (0198.HK)

0198.HK on Hong Kong Stock

3.54HKD
21 May 2018
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Latest Key Developments (Source: Significant Developments)

SMI Holdings Says Unit Proposes To Issue Corporate Bonds In Amount Of Up To RMB1 Bln
Tuesday, 27 Mar 2018 08:06am EDT 

March 27 (Reuters) - SMI Holdings Group Ltd <0198.HK>::UNIT PROPOSES TO ISSUE CORPORATE BONDS IN AMOUNT OF UP TO RMB1 BILLION WITH TERM OF NOT MORE THAN THREE YEARS THROUGH PRIVATE PLACEMENT​.  Full Article

SMI Holdings Group Says It ‍Expects To Record Loss Attributable For Year Ended 31 Dec 2017​
Tuesday, 27 Mar 2018 08:00am EDT 

March 27 (Reuters) - SMI Holdings Group Ltd <0198.HK>::CO ‍EXPECTS TO RECORD A LOSS ATTRIBUTABLE TO SHAREHOLDERS FOR YEAR ENDED 31 DECEMBER 2017​.EXPECTED RESULT DUE TO ‍SUBSTANTIAL INCREASE IN IMPAIRMENT OF GOODWILL OF GROUP IN YEAR​.  Full Article

Shanghai SMI Holding announces 2017 dividend payment
Monday, 19 Mar 2018 09:41pm EDT 

March 20(Reuters) - Shanghai SMI Holding Co Ltd <600649.SS>:Says it will pay cash dividend of 2.50 yuan per 10 shares (before tax) to the company's shareholders for 2017.  Full Article

Heng Sheng Holding Group to pay cash dividend at 30.28 won/share
Monday, 19 Mar 2018 03:17am EDT 

March 19 (Reuters) - Heng Sheng Holding Group Ltd <900270.KQ> ::Says it plans to pay cash dividend at 30.28 won/share for FY 2017 .  Full Article

SMI Holdings Says Cheer Hope To Subscribe For CCB Convertible Bonds
Tuesday, 19 Dec 2017 09:48am EST 

Dec 19 (Reuters) - SMI Holdings Group Ltd <0198.HK>::ON 15 DEC, CHEER HOPE AGREED TO SUBSCRIBE FOR CCB CONVERTIBLE BONDS (2017) IN PRINCIPAL AMOUNT OF HK$300 MILLION DUE 2018.‍NET PROCEEDS FROM SUBSCRIPTION ARE ESTIMATED TO BE OF APPROXIMATELY HK$296.5 MILLION​.  Full Article

SMI Holdings updates on restructuring framework agreement
Tuesday, 26 Sep 2017 10:22am EDT 

Sept 26 (Reuters) - Smi Holdings Group Ltd <0198.HK>:Inside information the restructuring framework agreement .Restructuring framework agreement is for company and success electronics to proceed with disposal in next step.Company and success electronics entered into restructuring framework agreement.Company and success electronics reached consensus on restructuring plan and follow-up arrangements in relation to disposal on a preliminary basis.After preliminary negotiations, parties agree success electronics shall acquire all or part of equity of Chengdu Runyun.  Full Article

SMI Holdings says Wai Yee Tai will be appointed as executive director
Tuesday, 5 Sep 2017 09:56am EDT 

Sept 5 (Reuters) - SMI Holdings Group Ltd <0198.HK>::Wai Yee Tai will be appointed as an executive director and executive chairman of board.Cheng Chi Chung ceased to be chairman of board and remains as an executive director of company.  Full Article

SMI Holdings Group says HY profit for the period attributable HK$305.2 mln
Thursday, 31 Aug 2017 08:04am EDT 

Aug 31 (Reuters) - SMI Holdings Group Ltd <0198.HK>::HY profit for the period attributable HK$305.2 million versus HK$275 million.HY revenue rose by 23.2 percent to about HK$2,259 million.Does not recommend payment of interim dividend for six months ended 30 june 2017.  Full Article

SMI Holdings Group updates on transaction in relation to deemed disposal of Chengdu Runyun
Friday, 19 May 2017 09:47am EDT 

May 19 (Reuters) - SMI Holdings Group Ltd <0198.HK>:Update on major transaction in relation to deemed disposal of Chengdu Runyun.Co obtained written approval from Qin Hui, who is interested in approximately 62.00% of total number of issued shares of co.Refers to announcement in relation to transaction involving deemed disposal of 15.63% ownership interests in Chengdu Runyun.  Full Article

Smi Holdings reopens negotiations in relation to possible acquisition
Thursday, 4 May 2017 10:51am EDT 

May 4 (Reuters) - Smi Holdings Group Ltd <0198.HK>::SMI holdings and SMI culture & travel recently have reopened negotiations in relation to possible acquisition.SMI Holdings will acquire sale shares at a consideration of RMB150 million.Entered into MOU to negotiate & enter into formal agreement on possible acquisition of shares held by vendor in Ticketchina Holdings Ltd.consideration of RMB 150 million, RMB100 million to be settled by issue of convertible bonds by smi culture & travel, and remaining rmb50 million to be settled by cash.  Full Article

BRIEF-SMI Holdings Terminates Possible Disposal

* TO NOT PROCEED WITH POSSIBLE DISPOSAL, HAS DELIVERED NOTICE TO SUCCESS ELECTRONICS TO TERMINATE RESTRUCTURING FRAMEWORK AGREEMENT