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Power Assets Holdings Ltd (0006.HK)

0006.HK on Hong Kong Stock

53.20HKD
7 Dec 2018
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HK$0.50 (+0.95%)
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Latest Key Developments (Source: Significant Developments)

CK Asset Holdings Says Will Not Proceed With Acquisition Of APA Group
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - CK Asset Holdings Ltd <1113.HK>::ANNOUNCES TERMINATION OF IMPLEMENTATION AGREEMENT.BIDCO BECAME AWARE THAT CONDITION PRECEDENT OF A WRITTEN NO OBJECTION NOTIFICATION UNDER FIRB ACT WILL NOT BE SATISFIED.UPADTES ON PROPOSED ACQUISITION BY BIDCO OF APA.ACCORDINGLY, CK ASSETS, CK INFRASTRUCTURE AND POWER ASSETS WILL NOT PROCEED WITH JV TRANSACTION AND ACQUISITION OF APA.  Full Article

Power Assets Holdings' Unit & CKI's Unit Enter Share Subscription Agreement With Wellington Electricity Distribution Network Holdings
Friday, 16 Nov 2018 

Nov 16 (Reuters) - Power Assets Holdings Ltd <0006.HK>::UNIT GOLDTEAM AND CKI SUBSIDIARY ENTER SHARE SUBSCRIPTION AGREEMENT WITH WEDNHL.UNIT & CKI'S UNIT TO SUBSCRIBE FOR 117.3 MILLION NEW WELLINGTON ELECTRICITY DISTRIBUTION NETWORK HOLDINGS SHARES AT NZ$1 PER SHARE.  Full Article

CK Asset Holdings Says Co Obtains Shareholder Approval For JV
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - CK Asset Holdings Ltd <1113.HK>::UPDATES ON PROPOSED ACQUISITION BY BIDCO VIA TRUST SCHEMES OF ALL SECURITIES IN ISSUE OF APA LISTED ON ASX & FORMATION OF JV.JV TRANSACTION SHAREHOLDERS’ APPROVAL OF CKA & CKA TRANSACTION SHAREHOLDERS’ APPROVAL HAS BEEN OBTAINED AT THE CKA EGM.OBTAINS SHAREHOLDER APPROVAL FOR JV & JV WILL PROCEED BETWEEN CKA, CKI & PAH AS TO 60%, 20% & 20%, RESPECTIVELY.  Full Article

Power Assets Holdings Says HY Profit For The Period Attributable HK$4.12 Bln
Thursday, 26 Jul 2018 

July 26 (Reuters) - Power Assets Holdings Ltd <0006.HK>::HY PROFIT FOR THE PERIOD ATTRIBUTABLE HK$4.12 BILLION VERSUS HK$4.02 BILLION."IN AUSTRALIA, THE FOCUS WILL BE ON PREPARING FOR THE NEXT REGULATORY RESET".HY REVENUE HK$769 MILLION VERSUS HK$631 MILLION.DECLARES INTERIM DIVIDEND OF HK$0.77 PER SHARE.  Full Article

EU mergers and takeovers (Oct 12)

BRUSSELS, Oct 12 The following are mergers under review by the European Commission and a brief guide to the EU merger process: