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Swire Pacific Ltd (0087.HK)

0087.HK on Hong Kong Stock

15.80HKD
18 Apr 2019
Change (% chg)

HK$-0.02 (-0.13%)
Prev Close
HK$15.82
Open
HK$15.84
Day's High
HK$15.86
Day's Low
HK$15.70
Volume
307,098
Avg. Vol
1,290,957
52-wk High
HK$16.34
52-wk Low
HK$12.50

Latest Key Developments (Source: Significant Developments)

Swire Pacific Posts FY Profit Attributable HK$ 23,629 Million
Thursday, 14 Mar 2019 

March 14 (Reuters) - Swire Pacific Ltd <0019.HK>::FY REVENUE HK$84,606 MILLION VERSUS HK$80,289 MILLION.FY PROFIT ATTRIBUTABLE HK$ 23,629 MILLION VERSUS HK$26,070 MILLION.DECLARED DIVIDENDS FOR FULL YEAR TOTALLING HK$3.0 PER A SHARE AND HK$0.6 PER B SHARE."CAUTIOUSLY OPTIMISTIC THAT POSITIVE MOMENTUM IN PERFORMANCE OF MANY OF OUR BUSINESSES WILL CONTINUE IN 2019".  Full Article

Swire Pacific Ltd Announces Sale Of Interests In Paints Business
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Swire Pacific Ltd <0019.HK>::ANNOUNCES SALE OF INTERESTS IN PAINTS BUSINESS.ESTIMATED PROFIT ON SALE OF SALE INTERESTS IS ABOUT HK$2.7 BILLION.SWIRE INDUSTRIAL TO SELL ITS 100% INTEREST IN SWIRE DURO (HOLDINGS) LIMITED AND 40% INTEREST IN AKZO NOBEL SWIRE PAINTS LTD.  Full Article

Swire Pacific Updates On Sanction Of Scheme And Confirmation Of Capital Reduction Of HAECO By High Court
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Swire Pacific Ltd <0019.HK>::UPDATES ON SANCTION OF SCHEME AND CONFIRMATION OF CAPITAL REDUCTION OF HAECO BY HIGH COURT.UPDATES ON PROPOSAL FOR PRIVATISATION OF HONG KONG AIRCRAFT ENGINEERING CO LTD BY SWIRE PACIFIC LTD BY WAY OF A SCHEME OF ARRANGEMENT.UPDATES ON PROPOSED WITHDRAWAL OF LISTING OF HONG KONG AIRCRAFT ENGINEERING COMPANY LIMITED.SCHEME EXPECTED TO BECOME EFFECTIVE ON THURSDAY, 29 NOV 2018.SCHEME WAS SANCTIONED WITHOUT MODIFICATION BY HIGH COURT ON WEDNESDAY, 28TH NOVEMBER 2018.REDUCTION OF SHARE CAPITAL OF HAECO INVOLVED IN SCHEME WAS ALSO CONFIRMED BY HIGH COURT ON 28TH NOVEMBER.SUBJECT TO SCHEME BECOMING EFFECTIVE, LISTING OF HAECO SHARES ON STOCK EXCHANGE EXPECTED TO BE WITHDRAWN ON THURSDAY, 29TH NOV.  Full Article

Swire Pacific Updates On Sale Of Stake In Cityplaza Three & Cityplaza Four Properties
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Swire Pacific Ltd <0019.HK>::UPDATES ON SALE OF STAKE IN CITYPLAZA THREE AND CITYPLAZA FOUR PROPERTIES.49% INTEREST IN PURCHASER WAS TRANSFERRED TO EAGLE FAIRWAY LTD & PURCHASER IS OWNED BY GUARANTOR & EFL AS TO 51% AND 49% RESPECTIVELY.  Full Article

Swire Pacific Updates On Proposal For Privatisation Of Hong Kong Aircraft Engineering Company
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Swire Pacific Ltd <0019.HK>::UPDATES ON PROPOSAL FOR PRIVATISATION OF HONG KONG AIRCRAFT ENGINEERING COMPANY LIMITED BY SWIRE PACIFIC LIMITED.HAECO INDEPENDENT BOARD COMMITTEE RECOMMENDS HAECO SHAREHOLDERS TO VOTE IN FAVOUR OF RELEVANT RESOLUTION TO IMPLEMENT PROPOSAL.ASSUMING THAT CONDITIONS ARE FULFILLED SCHEME WILL BECOME EFFECTIVE AND LISTING OF HAECO SHARES IS EXPECTED TO BE WITHDRAWN ON NOV 29.  Full Article

Swire Pacific Ltd Sees HK$3.90 Bln Impairment Charge For H1
Friday, 20 Jul 2018 

July 20 (Reuters) - Swire Pacific Ltd <0019.HK>::SWIRE PACIFIC OFFSHORE GROUP HY ATTRIBUTABLE LOSS EXPECTED ABOUT HK$663 MILLION.IMPAIRMENT CHARGES FOR SPO'S FLEET OF ABOUT HK$3.90 BILLION EXPECTED TO BE MADE AGAINST CONSOL PROFITS OF SWIRE PACIFIC FOR H1.IMPAIRMENT CHARGE WILL HAVE MATERIAL ADVERSE EFFECT ON CONSOL UNDERLYING PROFIT ATTRIBUTABLE TO SHAREHOLDERS OF SWIRE PACIFIC FOR H1.  Full Article

Swire Pacific Says John Robert Slosar Resigned As Chairman
Friday, 29 Jun 2018 

June 29 (Reuters) - Swire Pacific Ltd <0019.HK>::JOHN ROBERT SLOSAR HAS RESIGNED AS CHAIRMAN.MERLIN BINGHAM SWIRE HAS BEEN ELECTED CHAIRMAN.MERLIN BINGHAM SWIRE HAS BEEN RE-DESIGNATED FROM A NON-EXECUTIVE DIRECTOR TO AN EXECUTIVE DIRECTOR.JOHN ROBERT SLOSAR RESIGNED AS EXECUTIVE DIRECTOR.  Full Article

Swire Pacific's Unit In Discussions To Sell Co's Interests In Two Buildings In Hong Kong
Thursday, 10 May 2018 

May 10 (Reuters) - Swire Pacific Ltd <0019.HK>::UNIT IN DISCUSSIONS TO SELL CO'S INTERESTS IN BUILDINGS KNOWN AS "CITYPLAZA THREE" & "CITYPLAZA FOUR" LOCATED IN HONG KONG.  Full Article

Swire Pacific sees ‍impairment charges of about HK$936 mln against consol profits for 2017​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Swire Pacific Ltd <0019.HK>:Impairment charges currently estimated at about hk$936 million expected to be made against consolidated profits of co for 2017​.  Full Article

Swire Pacific posts HY net profit of HK$12.14 bln
Thursday, 17 Aug 2017 

Aug 17 (Reuters) - Swire Pacific Ltd <0019.HK>:Hy revenue HK$40,211 million, up 34 percent.Interim dividend declared of HK$1.00 per 'A' share and HK$0.20 per 'B' share.HY net profit HK$12,138 million versus HK$5,061 million.Trading conditions for our existing hotels are expected to be stable in second half of 2017.Our hotels in shanghai are expected to open by end of 2017.Retail rental income in the second half of 2017 is expected to be affected by the continued adjustments to the tenant mix.  Full Article

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Cathay Pacific in talks to buy stake in HNA's HK Express Airways

HONG KONG/SINGAPORE Hong Kong flagship carrier Cathay Pacific Airways Ltd said on Tuesday it is in "active discussions" about an acquisition involving budget airline Hong Kong Express Airways Ltd, although an agreement has yet to be reached.