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Orient Overseas (International) Ltd (0316.HK)

0316.HK on Hong Kong Stock

68.80HKD
17 Aug 2018
Change (% chg)

HK$-13.75 (-16.66%)
Prev Close
HK$82.55
Open
HK$80.40
Day's High
HK$80.40
Day's Low
HK$68.00
Volume
54,152,870
Avg. Vol
1,883,054
52-wk High
HK$82.55
52-wk Low
HK$68.00

Latest Key Developments (Source: Significant Developments)

Orient Overseas (International) Posts Qtrly Total Revenues Of US$1,462.4 Mln
Friday, 27 Jul 2018 

July 27 (Reuters) - Orient Overseas (International) Ltd <0316.HK>::QTRLY TOTAL REVENUES INCREASED BY 4.0% TO US$1,462.4 MILLION..Q2 TOTAL VOLUMES WERE 4.6% UP FROM SAME PERIOD LAST YEAR.  Full Article

COSCO SHIPPING's Unit Signs National Security Agreement With U.S. Authorities Regarding OOCL Acquisition
Sunday, 8 Jul 2018 

July 8 (Reuters) - COSCO SHIPPING Holdings Co Ltd <601919.SS>1919.HK::SAYS UNIT FAULKNER GLOBAL SIGNS NATIONAL SECURITY AGREEMENT WITH ORIENT OVERSEAS <<<0316.HK>>>, U.S. HOMELAND SECURITY DEPARTMENT AND U.S. JUSTICE DEPARTMENT REGARDING THE ACQUISITION OF ORIENT OVERSEAS.SAYS UNIT FAULKNER GLOBAL WILL INDIRECTLY OWN U.S.-BASED LONG BEACH'S CONTAINER WHARF BUSINESS AFTER THE ACQUISITION.SAYS RELATED PARTIES HAVE RECEIVED NOTICE FROM CFIUS THAT THE ACQUISITION DOES NOT INVOLVE ANY UNRESOLVED U.S. SECURITY RELATED ISSUES.  Full Article

Cosco Shipping Announces Deals For Proposed Sale Of Certain Shares Of Orient Overseas (International)
Friday, 6 Jul 2018 

July 6 (Reuters) - COSCO SHIPPING HOLDINGS CO LTD <<601919.SS>>::CO OFFEROR & PURCHASERS ENTERED SALE AND PURCHASE AGREEMENTS FOR PROPOSED SALE OF UP TO 94.5 MILLION OOIL SHARES AT HK$78.67 PER SHARE.SALE & PURCHASE OF ORIENT OVERSEAS (INTERNATIONAL) LTD SHARES UNDER DEALS TO ONLY TAKE PLACE IF ITS PUBLIC FLOAT FALLS BELOW 25 PERCENT.  Full Article

Orient Overseas (International) Announces Filing Acceptance From NDRC For Ooil Offer
Wednesday, 16 May 2018 

May 16 (Reuters) - Orient Overseas (International) Ltd <0316.HK>::ORIENT OVERSEAS (INTERNATIONAL) -JOINT OFFERORS ANNOUNCE FILING ACCEPTANCE FROM NDRC WITH RESPECT TO OFFER FOR ALL OF ISSUED SHARES OF OOIL.  Full Article

Orient Overseas International HY profit attributable $53.6 mln
Monday, 7 Aug 2017 

Aug 7 (Reuters) - Orient Overseas International Ltd <0316.HK>:HY profit attributable $53.6 million versus loss attributable $56.7 million.HY revenue $2.90 billion versus $2.56 bln‍​.Board of directors declares payment of interim dividend of US 2.14 cents per ordinary share for 2017."We note slowdown in supply side growth​"."‍Orders of newbuildings have been notably absent this year so far​".  Full Article

Deals of the day-Mergers and acquisitions

July 9 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: