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Lenovo Group Ltd (0992.HK)

0992.HK on Hong Kong Stock

4.47HKD
2:24am EST
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HK$0.02 (+0.45%)
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HK$5.40
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Latest Key Developments (Source: Significant Developments)

Lenovo Updates On Impact of U.S. Tax Cuts On Assets
Tuesday, 9 Jan 2018 07:02pm EST 

Jan 10 (Reuters) - Lenovo Group Ltd <0992.HK>::LENOVO - EXPECTS TO MAKE A ONE-OFF CHARGE IN RESPECT OF ITS DEFERRED TAX ASSETS IN SUM OF APPROXIMATELY US$400 MILLION TO BE INCLUDED IN 9-MONTH RESULTS.DOES NOT EXPECT SUCH ADJUSTMENT TO HAVE ANY MATERIAL EFFECT ON ITS OPERATION OR CASH FLOW POSITION..UPDATES ON IMPACT OF RE-MEASUREMENT OF U.S. DEFERRED TAX ASSETS AS RESULT OF ENACTED U.S. TAX REFORM LEGISLATION, TAX CUTS AND JOBS ACT.‍NOTES THAT ACT ALSO REDUCES STATUTORY RATE OF U.S. CORPORATE INCOME TAX.BOARD BELIEVES THAT SUCH REDUCTION WILL POSITIVELY IMPACT FUTURE EARNINGS OF CO'S US OPERATIONS IN LONG TERM.  Full Article

Rpt-U.S. Ftc Says It Gives Final Approval To Lenovo Settlement
Tuesday, 2 Jan 2018 11:11am EST 

Lenovo Group Ltd <0992.HK>::U.S. FTC SAYS IT GIVES FINAL APPROVAL TO LENOVO SETTLEMENT.  Full Article

Compal says no share investment plans with Lenovo
Monday, 11 Dec 2017 01:28am EST 

Dec 11 (Reuters) - Compal Electronics Inc <2324.TW>::SAYS IT DOES NOT HAVE ANY SHARE INVESTMENT PLANS WITH LENOVO.SAYS IT HOPES THE MEDIA AND THE PUBLIC DO NOT SPECULATE AND MAKE CAUTIOUS JUDGEMENT FOR UNVERIFIED MARKET RUMORS.  Full Article

Taiwan's Compal clarifies media reports on Lenovo eyeing stake in the company
Thursday, 7 Dec 2017 10:17pm EST 

Dec 8 (Reuters) - Compal Electronics Inc <2324.TW>::SAYS MEDIA REPORTS ON LENOVO INTENDS TO ACQUIRE 20 PERCENT SHARES OF COMPAL IS NOT IN LINE WITH THE FACTS - CLARIFYING MEDIA REPORTS.  Full Article

Lenovo Group To ‍Dispose Equity Interest In A Subsidiary​
Tuesday, 28 Nov 2017 04:26am EST 

Nov 28 (Reuters) - Lenovo Group Ltd <0992.HK>::TO ‍DISPOSE EQUITY INTEREST IN A SUBSIDIARY​.TOTAL CONSIDERATION INVOLVED UNDER AGREEMENT IS ABOUT RMB1,240 MILLION​.MOTOROLA (BEIJING) MOBILITY TECHNOLOGIES TO DISPOSE LENOVO MOBILE COMMUNICATION SOFTWARE (WUHAN) TO CDBC NEW TOWN (BEIJING) ASSET MANAGEMENT​.  Full Article

Toshiba enters negotiations to sell PC operations to Asus - Nikkei‍​
Thursday, 16 Nov 2017 01:39pm EST 

Nov 17 (Reuters) - Nikkei: :Toshiba has entered into negotiations to sell personal computer operations to Asustek Computer of Taiwan - Nikkei‍​.China's Lenovo Group has also expressed interest in Toshiba's personal computer operations - Nikkei‍​.  Full Article

Fujitsu says strategic alliance with Lenovo Group and Development Bank of Japan
Thursday, 2 Nov 2017 01:00am EDT 

Nov 2(Reuters) - Fujitsu Ltd <6702.T>:Says it signs a strategic alliance with Lenovo Group Limited <<<0992.HK>>> and Development Bank of Japan Inc, on Nov. 2, on PC business .Says the company will transfer 51 percent stake in wholly owned unit FUJITSU CLIENT COMPUTING LIMITED to Lenovo International Coӧperatief U.A., a group company of Lenovo Group Limited and will transfer 5 percent stake in the wholly owned unit to Development Bank of Japan .Says transaction date is expected to be in Q1 FY 2018.  Full Article

Lenovo Group's Q2 profit attributable down 11 pct
Thursday, 2 Nov 2017 12:38am EDT 

Nov 2 (Reuters) - Lenovo Group Ltd <0992.HK>:Q2 ‍group profit attributable to equity holders of company of us$139 m​.Board has declared an interim dividend of hk6.0 cents per share​.Qtrly revenue $ ‍11,761​ million versus $11,231 million.Q2 group profit attributable down 11 pct‍​.  Full Article

Lenovo Group to buy 51 pct of Fujitsu Client Computing
Thursday, 2 Nov 2017 12:26am EDT 

Nov 2 (Reuters) - Lenovo Group <0992.HK>-:Proposed Joint Venture In Respect Of Fujitsu Client Computing Limited .Co to purchase Fujitsu sale shares, representing 51% of total issued share capital of fujitsu client computing​.Pursuant to agreement between Fujitsu & Development Bank of Japan, DBJ will be entitled to hold 5% of shares of FCCL​.Consideration payable to Fujitsu comprises jpy17.85 billion in cash,jpy2.55 billion performance-adjusted consideration on performance to March 2020​.  Full Article

Lenovo Group and Union Star entered into subscription agreement
Friday, 29 Sep 2017 10:47am EDT 

Sept 29 (Reuters) - Lenovo Group Ltd <0992.HK>::Company and Union Star Limited entered into subscription agreement.Lenovo Group to allot and issue subscription shares comprising 906.2 million shares at share subscription price of HK$$4.31 per subscription share.Net proceeds of share subscription are estimated to be approximately HK$3.88 billion.  Full Article

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Lenovo to make $400 million one-off charge on U.S. tax reforms

HONG KONG Lenovo Group Ltd said on Wednesday it expected to make a one-off charge of $400 million for nine months ended in December due to a reassessment of U.S. deferred tax assets.