ASM Pacific Technology (522 HK) said its net profit amounted to HK$935 million for the year ended December 31 in 2009, dropping 4 per cent year-on-year. Earnings per share were HK$2.38. A final dividend of HK$1.20 and a second special dividend of HK$0.4 per share were declared. (Sing Tao Finance B3)
Beijing Capital Land (2868 HK) has agreed to acquire a land plot in Fangshan District in Beijing for 926 million yuan with a floor area of 360,000 square meters. (Sing Tao Finance B2)
Hong Kong-based China Everbright (165 HK) said it plans to establish a 3 billion yuan new energy fund with four local firms from Jiangyin city. (Hong Kong Economic Journal P. 8)
China Railway Group (390 HK) said it has won four more projects worth of 1.09 billion yuan. The group has 12 projects in hand so far, involving 1.32 billion yuan. (Sing Tao Finance B2)
CLP Holdings (2 HK) has recorded a net profit of HK$8.2 billion for the year ended December 31 in 2009, slumping 21 per cent year-on-year. Earnings per share were HK$3.55. A final dividend of HK$0.92 per share was declared. (Sing Tao Finance B2)
Dah Chong Hong (1828 HK) said it has acquired 77 per cent stake in Jiangnanfeng for HK$12 million. The company intends to develop the land site held by the latter in Shanghai and develop its business into an upstream FMCG and food-processing base. (Sing Tao Finance B2)
Parent of Geely Automobile Holdings Ltd (175 HK) said yesterday it plans to buy Chinese special vehicle maker Zhejiang Zhongyu Automobile Co as it moves to expand its product portfolio. (Hong Kong Economic Journal P. 8)
Based on the preliminary estimate by Huadian Power (1071 HK), the unaudited net profits attributable to the shareholders of the company for the year 2009 are expected to be between 1.1 billion yuan and 1.3 billion yuan. (Hong Kong Economic Journal P. 8)
Li & Fung (494 HK) has agreed to pay as much as £ 173 million (HK$2 billion) to buy Visage Group Ltd., a private-label apparel supplier to U.K. retailers. (Hong Kong Economic Times A12)
Manulife Financial (945 HK) has posted a net profit of HK$3.047 billion for 2009 on a rebounding Hong Kong stock market. The company now plans to hire 10 per cent more staff each year so to raise the number of agents to 7,000 by 2015. (Sing Tao Finance B3)
Ng Hing Hong (1047 HK) has recorded a net profit of HK$7.51 million for the sixth months ended December 31 in 2009. Earnings per share were 2.03 HK cents. A dividend of 1 HK cent per share was declared. (Sing Tao Finance B2)
Sinopharm Group (1099 HK) plans to acquire stake in Traditional & Herbal Medicine Company for 122 million yuan. The company will inject capital of 50 million yuan to Hebei company upon completion of the deal. (Sing Tao Finance B2)
Sino Land (83 HK) has posted an interim net profit of HK$2.034 billion for 2009, dropping 22 per cent compared with a year ago. Earnings per share were 68.25 HK cents. An interim dividend of 10 HK cents per share was declared. (Sing Tao Finance B3)
SOHO China (410 HK) announced that it expects a significant increase in profit for the year ended 31 December in 2009 as compared with that for the corresponding period in 2008 on the substantial growth in booked area and corresponding average selling price, and revaluation gain arising from its investment property. (Hong Kong Economic Times A14)
Wharf (4 HK) announced it expects a 10 million square feet sales target for mainland property this year for HK$10 billion. (Hong Kong Economic Journal P. 8)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
