Bonus Share

Egana rights issue raises $462m

Timepiece and jewellery designer, manufacturer and distributor Egana International said it received about $462 million through its two-for-five rights issue which was 1.26 times subscribed. The company received 1,526 valid applications for 1.6 billion rights shares.

Wednesday, 22 July, 1998, 12:00am

Egana issues given green light

Jewellery distributor Egana International (Holdings) said all the resolutions at its annual general meeting held yesterday have been approved. The company said its bonus issue, rights issue, and spin-off proposals would proceed as scheduled.

30 Jun 1998 - 12:00am

China International Marine watches profits sail higher

B share China International Marine Containers Group has recorded full-year attributable profits of 194.18 million yuan (about HK$180.59 million), 5 per cent higher than a year earlier. Turnover grew to 4.28 billion yuan. It will pay one bonus share plus three yuan for each parcel of 10 shares held as a dividend.

11 Apr 1998 - 12:00am

Kwong Hing plans bonus offer

Fabrics-maker Kwong Hing International said yesterday it will give shareholders a bonus issue of one share for every two shares held. The company said a special meeting of shareholders will be convened on November 22 to approve the bonus issue and a sale of new shares.

23 Oct 1997 - 12:00am

One-off gains lift Chung Hwa

Exceptional gains have lifted packaging and beverage group Chung Hwa Development Holdings to a 109 per cent rise in profit for the year to March. It recorded net profit attributable to shareholders of $63.36 million, compared with $30.32 million for the previous financial year, prompting directors to make a five-for-seven bonus share issue.

26 Aug 1997 - 12:00am

Egana talks focus on mainland deal

Watchmaker Egana International (Holdings) says it is negotiating with third parties with mainland connections for a possible share placement in the company. Company directors confirmed that Egana Jewellery & Pearls would be the name of their separately listed Hong Kong jewellery operation and said shareholders would be entitled to one bonus share for every share owned.

3 Jul 1997 - 12:00am

Asia Standard earnings soar

Property concern Asia Standard International Group says its net profit soared 349 per cent to $391 million for the year to March. Turnover for the company, whose major shareholder is Asia Orient Co, rose 131 per cent to $1.19 billion. A final dividend of 2.5 cents was proposed, with a bonus issue of one for every four shares held.

27 Jun 1997 - 12:00am

Shun Shing losses rise

Rising labour costs increased attributable losses at construction company Shun Shing during the six months to February.

The subsidiary of shipping giant Cosco Group reported an attributable loss of $16.77 million, up 71.47 per cent from losses of $9.78 million in 1996.

30 May 1997 - 12:00am

Bonus issue

Decorations maker, Perfectech International, says its net profit for 1996 was $13.2 million. No comparison was available.

A final dividend of 3.5 cents and a bonus share issue on a one-for-four basis was declared.

17 Apr 1997 - 12:00am

Chung Hwa bonus issue

Chung Hwa Development - formerly Rich City Packaging - has announced a 119 per cent rise in attributable profit to $30.3 million for the year to March. Directors did not recommend a final dividend but proposed a bonus issue of four new shares for five existing shares.

In July, the company made a private placement of 30 million new shares at $1.70.

28 Aug 1996 - 12:00am

Wo Kee Hong loss

Electrical and electronic products distributor Wo Kee Hong (Holdings) says it suffered an attributable loss of $18 million in the year to December after making a profit of $256 million in 1994.

18 Apr 1996 - 12:00am

Issue gets approval

HB International Holdings has approved a proposed bonus issue of shares on the basis of one bonus share for every 10 existing shares.

8 Jun 1995 - 12:00am

Bonus for shareholders

H B International's profit attributable to shareholders for the six months ended January 31 amounted to $31.72 million.

Turnover rose 29 per cent to $596.98 million. Directors declared an interim divided of 3.5 cents per share and recommended a bonus share issue of one-for-10.

26 Apr 1995 - 12:00am

Century City profits reach record $1.08b

CENTURY City International Holdings has reported a record profit of $1.08 billion, an increase of 20 per cent over 1993, on the strength of its hotels and commercial leasing activities.

However, because of the downturn in the property market, its net profit for the last six months of the year to December 31 was only $161 million.

12 Apr 1995 - 12:00am

Strong sales growth lifts poultry profit

STRONG sales have helped lift net profit at the poultry and chicken producer Shanghai Dajian (Group) Stock.

It posted a 41.4 per cent jump in net profit to 177.4 million yuan (about HK$162.67 million) for calendar year 1994.

10 Apr 1995 - 12:00am