Beijing Yu Sheng Tang Pharmaceutical (1141 HK) has repurchased all of the outstanding convertible notes in the principal amount of HK$189,100,000 at HK$187,209,000.The notes holders has agreed that the accrued interests of around HK$1,233,000 calculated up to the date of the repurchase be waived. (SingTao Daily B11)
China Communications Construction (1800 HK) announces that its consolidated profit attributable to the equity holders under IFRS will not be less than RMB11,581 million for the year ending 31 December 2011. (Hong Kong Economic Times A7)
China Dongxiang (3818 HK) announces a subscription for limited partnership interests with a total capital commitment of US$100 million in the Yunfeng Funds, which are limited partnerships established for making investments in the Alibaba Group.(Hong Kong Economic Times A7)
China Motor Bus (26 HK) announces that its audited consolidated profit of HK$664 million for the year ended 30 June 2011. It will recommend a payment of a final dividend of HK$0.10 a share and a special dividend of HK$1.30 a share. (SingTao Daily B11)
Kingwell Group (1195 HK) announces an operating loss of RMB147,417,000 for the year ended 30 June 2011. The company did not recommend the payment of a final dividend. (SingTao Daily B11)
Longfor Properties (960 HK) expected the property market would continue stay cool for a period of time. They have no future plans on buying lands or buyback shares. (Hong Kong Economic Journal A9)
Sinotrans (598 HK) has agreed with Keppel Telecommunications & Transportation Ltd. to establish a 50:50 joint venture that develops, constructs and operates a general container and bulk terminal in Sanshan District, Wuhu City, Anhui Province, the PRC. (Sing Tao Daily B13)
Sumpo Food (1089 HK) expected in the coming half year, gross profit margin could rally back to last year’s level. And the company is also planning to increase the production in next month. (Hong Kong Economic Journal A9)
The company announced the wholly owned subsidiary of Sunac China (1918 HK) submitted an irrevocable bid in a listing-for-sale process and required a transfer agreement with the vendor (which is a state-owned enterprise) to acquire further equity interests. (Sing Tao Daily B13)
(1002) v.s. international group limited market express The annual results for the financial year ended 31 July 2011 shows the loss of the equity shareholders of the company was 61.05 million dollars. The loss per share was 6.22cents. (Sing Tao Daily B13)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
