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Greattown Holdings Ltd (900940.SS)

900940.SS on Shanghai Stock Exchange

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23 Apr 2018
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Wed, Mar 28 2018

BRIEF-Greattown Holdings Unit's Consortium Wins Bids For Two Land Sites For 1.35 Bln Yuan

* SAYS UNIT'S CONSORTIUM WINS BIDS FOR TWO LAND SITES FOR A COMBINED 1.35 BILLION YUAN ($214.63 million) Source text in Chinese: https://bit.ly/2ute5hR Further company coverage: ($1 = 6.2900 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Greattown Holdings announces 2017 dividend payment

* Says it will pay cash dividend of 0.6 yuan per 10 shares (before tax) to the company's shareholders for 2017

BRIEF-Greattown Holdings' 2017 Net Profit Up 68.0 Percent Y/Y At 1.4 Billion Yuan

* SAYS 2017 NET PROFIT UP 68.0 PERCENT Y/Y AT 1.4 BILLION YUAN ($220.87 million) Source text in Chinese: http://bit.ly/2CZmEA4 Further company coverage: ($1 = 6.3386 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Controlling shareholder and party acting in concert unload 10 pct stake in Greattown Holdings

* Says its controlling shareholder and party acting in concert unloaded 10 percent stake in the company, decreasing their stake in the company to 9.92 percent from 19.92 percent

BRIEF-Greattown Holdings Expects 2017 Net Profit To Rise 64.2 Percent Y/Y

* SAYS IT EXPECTS 2017 NET PROFIT TO RISE 64.2 PERCENT Y/Y TO 1.4 BILLION YUAN ($221.27 million) Source text in Chinese: http://bit.ly/2nlFfR0 Further company coverage: ($1 = 6.3270 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Greattown Holdings' unit to set up industry investment fund

* Says unit plans to invest 168 million yuan ($25.40 million) to set up Hunan silkroad industry investment fund with partners

BRIEF-Greattown Holdings' unit plans to issue asset-backed securities

* Says unit plans to issue up to 1.0 billion yuan ($150.65 million) asset-backed securities

BRIEF-Greattown to launch 2 bln yuan debt financing plan, unit plans property JV

* Says it plans to launch up to 2.0 billion yuan ($301.66 million) debt financing plan

BRIEF-Greattown Holdings' unit wins land auctions for 633 mln yuan

* Says unit wins land auctions for a combined 633 million yuan ($95.15 million)

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