• Thu
  • Dec 25, 2014
  • Updated: 11:05am

Tung Fong Hung

Woman knifed in street as shop raided

A robber chased and stabbed a woman sales assistant in a robbery at a Tung Fong Hung store on Nathan Road.

A manhunt has been launched after a robber chased and stabbed a woman sales assistant as she ran into a busy road screaming for help.

Monday, 17 June, 2013, 5:39am

Tung Fong sees reduced loss

Chinese medicine retailer Tung Fong Hung (Holdings) has reported a $29.31 million net loss for the six months to September 30, compared with a $387.48 million loss for the six months to January 31. The company has changed its financial year-end from July to March.

29 Dec 1998 - 12:00am

The Diary

MONDAY, DECEMBER 28 Government releases November external trade figures and industrial production index for third quarter. Interims from Cheung Tai Hong, Chun Tai, Dah Hwa International, Easyknit International, Heng Fung, Paramount Publishing, Seapower International, Tung Fong Hung and Vanda Systems & Communications.

27 Dec 1998 - 12:00am

Property provisions push G-Prop Holdings into $1.23b decline

Property concern G-Prop Holdings, formerly Tung Fong Hung Properties (Holdings), collapsed into a $1.23 billion net loss last year due to large provisions arising from property investments.

27 Aug 1998 - 12:00am

Medicine retailer in net loss

Chinese medicine retailer Tung Fong Hung (Holdings) suffered a net loss of $387.48 million for the first six months to January, against a profit of $54.48 million in the same period previously. The loss was mainly attributable to associates, which incurred losses of $419.05 million, compared with a previous profit of $328,000.

30 Apr 1998 - 12:00am

Medicine retailer property sale proceeds to reduce firm's debt

Chinese medicine retailer Tung Fong Hung (Holdings) has raised $347 million via the sale of properties through public tender or private sales. The proceeds will be used to reduce debt and boost working capital, it said. The properties were bought by 10 independent third parties. The company expects to report an aggregate loss of about $16 million on the sale.

15 Apr 1998 - 12:00am

Tung Fong Hung faces light suit

Chinese pharmaceuticals maker Tung Fong Hung (Holdings) is being sued for reneging on a $1 million deal, a High Court writ said.

The listed company allegedly failed to settle a lighting equipment bill - leaving the supplier $500,000 out of pocket.

26 Feb 1998 - 12:00am

Tung Fong Hung mulls sale

Chinese medicine retailer Tung Fong Hung (Holdings) said last night it was considering selling a 20 per cent equity stake to an outside party. The news follows the suspension of the company's shares yesterday after they surged 17.1 per cent to 44.5 cents. The purchaser is believed to be a northern Chinese provincial government.

30 Jul 1997 - 12:00am

Medicine firm soars on sale rumour

Chinese medicine retailer Nam Pei Hong soared 88.23 per cent yesterday as rumours swirled that shareholder Tung Fong Hung was poised to conclude the sale of its 29 per cent stake.

3 Apr 1997 - 12:00am

CCB report awaited on loss

Chinese medicine retailer Tung Fong Hung (Holdings) says it cannot estimate the effect of a shortfall, found at a subsidiary of 29 per cent owned associate Nam Pei Hong, until a Commercial Crime Bureau investigation is completed.

13 Jan 1997 - 12:00am

Tung Fong Hung set to put its case

Chinese medicine and property investment company Tung Fong Hung (Holdings) says it will submit a proposal to the stock exchange showing how its business will differ from newly acquired Nam Pei Hong, a fellow Chinese medicine company.

5 Sep 1996 - 12:00am

Tung Fong Hung to buy properties

Chinese medicine and property investment company Tung Fong Hung (Holdings) is to buy properties from its major shareholder Louis Lo Siu-fai for $106.6 million.

Tung Fong Hung said it entered into conditional agreement on Friday to buy the entire stake Mr Lo indirectly had in Global Step and Global Step's shareholder loan and director's loan for $9 million.

12 Aug 1996 - 12:00am

Talks to sell assets

CHINESE medicine retailer Tung Fong Hung (Holdings) says it is in talks with an independent third party regarding the disposal of certain assets.

Its company secretary said if the disposal succeeded, it would constitute a notifiable transaction.

8 Mar 1996 - 12:00am

Medicine firm seeks cure for retail market ills

CHINESE medicine retailer Tung Fong Hung (Holdings) plans to open three to five outlets this year, despite the sickly state of the retail market.

The company saw attributable profits plummet 57.8 per cent to $4.93 million for the six months ending January 31 compared with the same period last year.

7 May 1995 - 12:00am

Trading activity slow for smaller issues

LAGGARDS were generally buoyed by the strength of the overall market yesterday in relatively quiet trading.

Most investors were focusing on the heavyweights, with non-blue-chip counters taking up only 20.1 per cent of total turnover of $4.9 billion.

29 Mar 1995 - 12:00am

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