Edition:
United Kingdom

New Sports Group Ltd (0299.HK)

0299.HK on Hong Kong Stock

0.58HKD
15 Feb 2018
Change (% chg)

HK$0.01 (+1.75%)
Prev Close
HK$0.57
Open
HK$0.57
Day's High
HK$0.58
Day's Low
HK$0.57
Volume
445,000
Avg. Vol
3,932,444
52-wk High
HK$1.90
52-wk Low
HK$0.52

Latest Key Developments (Source: Significant Developments)

New Sports Group Says To Issue Up To 1.63 Bln New Shares
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - New Sports Group Ltd <0299.HK>::CO TO ISSUE UP TO 1.63 BILLION NEW SHARES AT PLACING PRICE OF HK$0.50 PER PLACING SHARE.‍PROPOSES TO INCREASE AUTHORISED SHARE CAPITAL FROM HK$200 MILLION DIVIDED INTO 4 BILLION SHARES TO HK$400 MILLION DIVIDED INTO 8 BILLION SHARES.‍NET PROCEEDS FROM PLACING & SUBSCRIPTION ARE ESTIMATED TO BE ABOUT HK$1.02 BILLION.  Full Article

New Sports Group Says Unit Bidded For Land Use Rights Of Piece Of Land​
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - New Sports Group Ltd <0299.HK>::UNIT ‍TOGETHER WITH A JOINT VENTURE PARTY HAVE JOINTLY BIDDED FOR LAND USE RIGHTS OF A PIECE OF LAND​.  Full Article

New Sports Group ‍Co To Allot 340.5 Million Shares To Subscriber
Monday, 4 Dec 2017 

Dec 5 (Reuters) - New Sports Group Ltd <0299.HK>::‍CO AGREED TO ALLOT TO SUBSCRIBER 340.5 MILLION SHARES AT SUBSCRIPTION PRICE OF HK$0.55 PER SHARE​.  Full Article

New Sports Group proposes share consolidation
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - New Sports Group Ltd <0299.HK>:Proposes, every 20 existing shares of HK$0.0025 each will be consolidated into 1 consolidated share of HK$0.05 each​.  Full Article

New Sports posts HY profit attributable of HK$208.3 mln
Monday, 21 Aug 2017 

Aug 21 (Reuters) - New Sports Group Ltd <0299.HK>:HY profit for the period attributable HK$208.3 million versus loss of HK$186.3 million .HY revenue HK$27.5 million versus HK$65.8 million.  Full Article

New Sports Group says may not proceed with potential acquisition under MOU
Wednesday, 5 Oct 2016 

New Sports Group Ltd <0299.HK> : Noted that wuxi xinyou and its shareholders had entered into an agreement relating to sale of equity interests in to another purchaser .Company will not proceed with potential acquisition under MOU.  Full Article

New Sports Group enters memorandum of understanding<0299.HK>
Friday, 2 Sep 2016 

New Sports Group Ltd <0299.HK>: Memorandum of understanding in relation to a potential transaction <0299.HK> . Under mou, proposed that purchaser will buy from the seller at a consideration in the range of hk$900 million to hk$1.1 billion . Unit New Sports Investment Holding Limited, Yue Jin International Limited and Zhang Zhenchun entered into a non-legally binding mou .  Full Article

New Sports Group updates on potential acquisition<0299.HK>
Monday, 29 Aug 2016 

New Sports Group Ltd <0299.HK>: Payment by the group in connection with the potential acquisition under mou dated 17 November 2015, past discloseable transaction in relation to certain loans and resumption in trading <0299.HK> . The company will not proceed with the potential acquisition under the mou . Says board has taken immediate action to seek legal advice . Noted Wuxi xinyou and its shareholders had entered into deal relating to sale of equity interests in Wuxi xinyou to another purchaser .  Full Article

New Sports Group says trading has been halted<0299.HK>
Tuesday, 23 Aug 2016 

New Sports Group Ltd <0299.HK>: Trading has been halted pending announcement containing inside information relating to memorandum of understanding dated 17 November 2015 .  Full Article

New Sports Group updates on profit warning<0299.HK>
Friday, 19 Aug 2016 

New Sports Group Ltd <0299.HK>: Profit warning <0299.HK> . Is of the opinion that an additional impairment provision of approximately hk$176.5 million will be made in the financial report of group for HY . Impairment provision is likely to have a further impact on the loss of the group for HY . Says the possible impairment loss has no effect on the cash flow for the group's operation .  Full Article

BRIEF-New Sports Group Says To Issue Up To 1.63 Bln New Shares

* CO TO ISSUE UP TO 1.63 BILLION NEW SHARES AT PLACING PRICE OF HK$0.50 PER PLACING SHARE

No consensus analysis data available.