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China High Speed Transmission Equipment Group Co Ltd (0658.HK)

0658.HK on Hong Kong Stock

12.60HKD
23 Feb 2018
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Latest Key Developments (Source: Significant Developments)

China High Speed Transmission Equipment Group Says Unit Of Fullshare enters MOU
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Fullshare Holdings Ltd <0607.HK>::FIVE SEASONS XVI LIMITED & JI CHANGQUN ENTERED INTO MOU WITH AN INDEPENDENT THIRD PARTY.FULLSHARE AND CHS HAVE APPLIED FOR RESUMPTION OF TRADING IN THEIR SHARES ON STOCK EXCHANGE FROM 19 JAN 2018​.MOU REGARDING POSSIBLE CONDITIONAL PARTIAL CASH OFFER FOR MORE THAN 50% BUT NOT EXCEEDING 75% STAKE IN CHS.FIVE SEASONS, UNIT OF FULLSHARE, HOLDS ABOUT 73.91% OF ENTIRE ISSUED SHARE CAPITAL OF CHS.ACCEPTANCE OF PROPOSED OFFER (IF COMPLETED) WILL INVOLVE SELLING SHARES IN UNIT OF FULLSHARE.JI, CEO OF FULLSHARE IS ALSO PERSONALLY INTERESTED ABOUT 1.09% OF ENTIRE ISSUED SHARE CAPITAL OF CHS.  Full Article

China High Speed Transmission Equipment says HY net profit RMB 575.8 million<0658.HK>
Friday, 19 Aug 2016 

China High Speed Transmission Equipment Group Co Ltd <0658.HK>: Announcement - unaudited interim results for the six months ended 30 June 2016 <0658.HK> . HY profit for the period attributable to the owners of the company RMB 575.8 million, up 9.9% . Directors of the company have determined that no dividend will be declared in respect of the interim period . says HY revenue RMB4.53 billion down 4.6 percent . In the future, the group will further expand to Vietnam, India, South Korea, France and other international markets in Asia and Europe .  Full Article