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CK Asset Holdings Ltd (1113.HK)

1113.HK on Hong Kong Stock

65.70HKD
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

CK Asset Holdings disposes all shares​ of Center (Holdings) for HK$40.2 bln
Wednesday, 1 Nov 2017 07:33am EDT 

Nov 1 (Reuters) - Ck Asset Holdings Ltd <1113.HK>:‍Announces disposal of shares​.‍Center International to sell entire issued share capital of Center (Holdings) for HK$40.2 billion ​.‍Gain on disposal would be about HK$14.5 billion​.  Full Article

CK Asset updates on financial assistance given by co as at 18 Oct
Thursday, 19 Oct 2017 06:56am EDT 

Oct 19 (Reuters) - Ck Asset Holdings Ltd <1113.HK>:As at 18 Oct, aggregate amount of financial assistance given to affiliated cos exceeded 8 pct of relevant percentage ratio under listing rules​.  Full Article

Cheung Kong Property changes name to 'CK Asset Holdings Ltd'
Friday, 15 Sep 2017 05:10am EDT 

Sept 15 (Reuters) - Cheung Kong Property Holdings Ltd <1113.HK>:With effect from Sept 20, shares will be traded under new name "CK ASSET" on main board of stock exchange.English name of company has been changed to "CK Asset Holdings Limited" from "Cheung Kong Property Holdings Limited".  Full Article

Cheung Kong Property Holdings posts HY profit of HK$14.41 bln vs HK$8.61 bln
Thursday, 3 Aug 2017 04:43am EDT 

Aug 3 (Reuters) - Cheung Kong Property Holdings Ltd <1113.HK>:HY revenue HK$29,863 million versus HK$27,563 million.Have declared an interim dividend for 2017 of hk$0.42 per share.HY net profit HK$14.41 billion versus HK$8.61 billion.Group is confident in its overall results for full year of 2017."Group has utilised a total of approximately HK$7 billion in share buy-backs in first half".  Full Article

CVC Capital Partners says CVC Fund agrees sale of majority stake in Ista
Thursday, 27 Jul 2017 10:52am EDT 

July 27 (Reuters) - Cvc Capital Partners Ltd [RIC:RIC:CVC.UL]::SAYS CVC FUND V HAS AGREED THE SALE OF MAJORITY STAKE IN ISTA.SELLS STAKE IN ISTA TO CHEUNG KONG PROPERTY HOLDINGS LIMITED.CHEUNG KONG PROPERTY (CKP) ENTERED INTO JOINT VENTURE FORMATION AGREEMENT WITH CK INFRASTRUCTURE HOLDINGS (CKI), PURSUANT TO WHICH THE CVC WILL BECOME JOINT VENTURE OF CKP AND CKI.  Full Article

CK Hutchison Holdings announces formation of a joint venture
Thursday, 27 Jul 2017 10:15am EDT 

July 27 (Reuters) - CK Hutchison Holdings <0001.HK>:Cheung Kong Property ,CK Infrastructure and Midco 5 entered into joint venture formation agreement.Aggregate maximum financial JV commitment of CKPH and CKI is in sum of EUR4,500 million.In connection with acquisition, Trius Holdings S.C.A. And Lamarillo S.À R.L. Have entered into sale and purchase agreement.Consortium members will, among other things, indirectly own shares in jv co and partly fund the proposed acquisition.Refers to proposed acquisiton of all of shares and preferred equity certificates in issue of target ista luxemburg gmbh.Purchaser to seller total purchase price for sale and purchase of target shares and target PECS of (aa) a base purchase price of about EUR 3,709 million.  Full Article

Ck Hutchison Holdings updates on sale and purchase of 25% interest in project co
Friday, 14 Jul 2017 09:11am EDT 

July 14 (Reuters) - CK Hutchison Holdings Ltd <0001.HK>:Announcement relating to sale and purchase of 25% interest in project company.Deal for consideration of approximately C$714.92 million.Rich Heights, Roaring Victory Limited and CKI entered into sale and purchase agreement.Project company is Ckp (Canada) Holdings Limited.  Full Article

Duet Group says Firb approves proposed cki consortium acquisition
Thursday, 20 Apr 2017 08:00pm EDT 

April 21 (Reuters) - Duet Group :Firb approves proposed cki consortium acquisition.Advised by cki-led consortium that Australian Federal Treasurer has no objection to consortium's proposed acquisition of 100% of duet.  Full Article

BRIEF-Cheung Kong Property updates on acquisition of 3216444 Nova Scotia Co
Friday, 31 Mar 2017 11:33am EDT 

Corrects headline and fifth bullet to clarify name of the target company.Cheung Kong Property Holdings <1113.HK>: Discloseable transaction - acquisition of the target company in Canada . Deal for consideration of approximately C$2.82 billion . Company entered into sale and purchase agreement . vendor, purchaser(an indirect wholly-owned subsidiary of company) and company entered into sale and purchase agreement .Target company being 3216444 Nova Scotia Co.  Full Article

Cheung Kong Property says FY profit attributable Hk$ 19,415 mln, up 13 percent
Wednesday, 22 Mar 2017 04:49am EDT 

Cheung Kong Property Holdings Ltd <1113.HK> : Fy profit attributable to shareholders hk$ 19,415 million, up 13 percent . Directors recommend payment of a final dividend of hk$1.15 per share in respect of 2016 . Fy Revenue Hk$69.91 Bln Up 19% ."Group Is Reasonably Confident In Meeting Its Profitability Target For 2017".  Full Article

Fitch: CK Asset's Sale of Non-Core Property Neutral to Rating

(The following statement was released by the rating agency) HONG KONG, November 03 (Fitch) Fitch Ratings says that CK Asset Holdings Limited's (CK Asset; A/Stable) disposal of its entire stake in The Center, a grade-A office building in Central, Hong Kong, is consistent with the company's strategy of diversifying its recurring income stream and generating higher investment returns in stable businesses globally. CK Asset announced that it entered into an agreement to sell its entire stake in The