The board lot size of Anhui Conch Cement Company’s (914 HK) H shares for trading on the Stock Exchange will be changed from 2,000 H shares to 500 H shares with effect from Monday, 23 May. (SingTao Daily B4)
For the 3 months ended 31 Mar, China Construction Bank (939 HK) made a net profit of RMB47,233 million, of which the net profit attributable to equity shareholders was RMB47,185 million, up by 34.23% and 34.19% respectively over the same period last year. Net interest income was RMB71,630 million, up by 25.27% over the same period last year. (Hong Kong Economic Journal P6)
Get Nice Holdings (64 HK) has appointed Hung Sui Kwan as an executive director and the chief executive officer; Lung Hon Lui and Chiang Chun Yi as executive directors; Li Sau Hung, Eddy as an independent non-executive director; Kam Leung Ming, in place of Hung, as company secretary. Wong Sheung Kwong and Cheng Wai Ho have resigned as executive directors. (Hong Kong Economic Journal P8)
Haier Electronics Group (1169 HK) will acquire about 51% controlling interest of Hefei Goodaymart from Henan Goodaymart at the consideration of RMB5 million. (Hong Kong Economic Times A12)
HSBC Holdings (5 HK) has declared a 4th interim dividend for 2010 of US$0.12 per ordinary share. The dividend is payable on 5 May to overseas shareholders. (SingTao Daily B4)
Kingston Financial Group (1031 HK) will place up to 330,000,000 shares to SBI at a price of HK$1.03 each. The maximum gross proceeds will be roughly HK$340 million. (Hong Kong Economic Journal P10)
Phoenix Satellite Television (2008 HK) has submitted a registration statement that includes a prospectus with a price range to the SEC in respect of the proposed spin-off. (SingTao Daily B4)
Qin Jia Yuan Media Services (2366 HK) announces placing of 84,100,000 shares at a price of HK$1.35 apiece to fetch net proceeds of around HK$108.5 million. (Hong Kong Economic Journal P12)
SITC International Holdings (1308 HK) has entered into shipbuilding contracts to buy 2 container vessels for an aggregate consideration of approximately HK$282.4 million. (SingTao Daily B4)
Suncorp Technologies (1063 HK) plans to place a maximum of 533,157,785 shares at a price of HK$0.055 a share. (SingTao Daily B4)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
