Anxin-China Holdings (1149 HK) expects it will record profits for the six months ended 30 June and achieve significant growth when compared with the same period in 2010. (SingTao Daily B4)
BYD Company (1211 HK) has received a formal written approval from CSRC for an A share issue. The A share issue will comprise the allotment and issue of not more than 79,000,000 A shares. The lead underwriters will conduct preliminary price consultation with qualified institutions that are recognised under PRC laws from 9-16 June in the PRC. (SingTao Daily B4)
Celestial Asia Securities (1049 HK) has been entered into an agreement with CASH Financial Services in relation to a placing of 208,000,000 shares at HK$0.51 per share. (SingTao Daily B4)
International Elite (1328 HK) expects that its net profit for the six months ending 30 June 2011 may experience a significant increase, mainly attributable to a potential gain on the revaluation of the purchase consideration payables for the acquisition of the Sunward Group upon the issuance of the convertible notes in May. (SingTao Daily B4)
International Entertainment (1009 HK) expects that there would be a significant increase in its profit for the year ended 31 March. (SingTao Daily B4)
KTP Holdings (645 HK) expects to record a significant decrease in the net profit attributable to shareholders for the year ended 31st March 2011 as compared to the year ended 31st March 2010. (Hong Kong Economic Journal P28)
NagaCorp (3918 HK) booked net profit of US$21.6 million for the four months ended 30 April. (SingTao Daily B4)
Upbest Group (335 HK) has entered into a JV agreement to form a project company with a Hong Kong partner and PRC partners, which will carry out a property project in Quanzhou, Fujian Province, the PRC. (SingTao Daily B4)
Xinyi Glass Holdings (868 HKhas submitted a listing application form (Form A1) to the Stock Exchange for the listing of, and permission to deal in, the Xinyi Solar shares in issue and to be issued under a global offering on the Main Board. (SingTao Daily B4)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
