Easyknit International Holdings (1218 HK) will buy 617.75million share of Easyknit Enterprises Holdings Limited(616) at a price of HK$0.30 per share. If the trade is complete, the share right will increase to 42.92%. Both companies share will open tomorrow. (Hong Kong Economic Journal A5)
Goldin Financial (530 HK) announce the final result for the year ended June 30,2011 loss 313 million dollars. The net profit from June 30,2010, 18 months, is 127 million dollars, losing 9.41 cents per share and with out dividend. (Sing Tao Daily B9)
HSBC (5 HK) has launched the sale of its non-life insurance business, Reuters reported. HSBC had sent out an information memorandum to potential buyers, with first round bids due by mid-October. The global division is worth about US$1 billion. (Hong Kong Economic Times A6)
(1048) Novo Group ltd. share holders profit reduce 90% In the end of July,2011, share holders profit drop to 146 thousand US dollars, that is 90% decrease. No mid-term dividend (Sing Tao Daily B9)
Tencent Holdings Ltd. (700 HK) buys 5.01 percent of stakes in Rojam Entertainment with a total consideration of HK$130 million. (Hong Kong Economic Times A6)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
