Rjp Electronics | South China Morning Post
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  • Jan 30, 2015
  • Updated: 9:07am

Rjp Electronics

Rights issue planned for RJP

RJP Electronics has proposed a two-for-one rights issue to raise about $115 million. The effective price for each share is 8.3 cents. Proceeds will be used mainly to repay loans and develop its e-commerce business.

Monday, 20 December, 1999, 12:00am

RJP Electronics $61m in red

RJP Electronics posted a heavier net loss of $61.61 million for the year to June 30, against a loss of $47.59 million a year earlier. A big increase in exceptional items, which stood at $54.21 million, were largely provisions for stock investments and write-offs of bad debts. Turnover was $71.48 million, less than half the previous year's $162.1 million.

25 Nov 1998 - 12:00am

RJP Electronics mulls takeover

RJP Electronics said it was considering buying a controlling stake in debt-ridden Hwa Kay Thai Holdings. Both firms said negotiations were only at a preliminary stage and details of the possible acquisition had not been mapped out.

23 Mar 1998 - 12:00am

Turmoil hits RJP Electronics

RJP Electronics, which makes consumer electronic products, yesterday said it made a $27.5 million attributable loss in the six months to December down from a $400,000 attributable profit in 1996 as a result of the regional currency depreciations.

18 Mar 1998 - 12:00am

RJP issue set to raise $116m

RJP Electronics is to raise up to $116.45 million in a one-for-two rights issue of new shares at 38 cents each. It will issue up to 306.46 million new shares priced at a 26.92 per cent discount to yesterday's close of 52 cents.

4 Sep 1997 - 12:00am

RJP sale discussed

Applied International Holdings, the electronics and property concern, says it has entered into preliminary negotiations for the possible sale of its 41.84 per cent stake in RJP Electronics.

In a stock exchange announcement, the companies said, however, that no binding agreement had yet been struck and that the disposal may or may not proceed.

9 Apr 1997 - 12:00am

RJP Electronics

Three second-line stocks with interests in electronics leapt more than 25 per cent yesterday.

Loss-making RJP Electronics jumped 29.79 per cent to 61 cents, taking the counter's gains in the past month to 134.62 per cent.

18 Mar 1997 - 12:00am

RJP to raise $37m

RJP Electronics has placed 100 million new shares to raise net proceeds of $37 million.

The shares, representing 16.27 per cent of the enlarged share capital, were issued at 38 cents each to independent investors.

17 Mar 1997 - 12:00am

RJP issue to proceed

RJP Electronics has received approval to consolidate shares and to proceed with a rights issue which would yield net proceeds of $86 millionintended to reduce bank borrowings and develop new products. An extraordinary general meeting yesterday approved the plan to convert every five five-cent shares held into one share of 25 cents.

22 Dec 1995 - 12:00am

Drop at RJP Electronics

RJP Electronics has posted a 10 per cent drop in profit attributable to shareholders to $5.4 million for the six months to September 30, compared with $6 million for the same period last year.

Earnings per share fell from 0.97 cents to 0.79 cents; the directors did not recommend an interim dividend.

Turnover was down to $158.8 million from $193.5 million.

22 Dec 1994 - 12:00am

RJP Electronics up 102pc

RJP Electronics has reported a 102.32 per cent rise in interim attributable profits to $6.09 million from $3 million for the six months ended September 30.

Earnings per share rose 42 per cent to 0.97 cents from 0.68 cents.

No dividend was recommended.

23 Dec 1993 - 12:00am

RJP suffers $26.5m loss

RJP Electronics slid into the red in the year ended March, losing $26.53 million after making a modest $172,000 profit in the previous year.

Turnover rose 6.5 per cent to $316.05 million. There will be no final dividend.

2 Sep 1993 - 12:00am

$9.4m transfer

IN a connected transaction under the listing rules of the stock exchange, RJP Electronics has entered a provisional agreement to transfer ownership of a warehouse for market value of $9.4 million to a company beneficially owned by RJP's major shareholdersand family. The group intends to relocate warehousing facilities to its operations in China to reduce overheads.

1 Apr 1993 - 12:00am

RJP blames recession

RJP Electronics saw a 27 per cent fall in net profit to $3 million for the six months ended September 30.

Turnover rose 1.33 per cent to $174.5 million in a set of results affected by recession in Western economies.

19 Jan 1993 - 12:00am