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NWS Holdings Ltd (0659.HK)

0659.HK on Hong Kong Stock

13.84HKD
20 Aug 2018
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Latest Key Developments (Source: Significant Developments)

NWS' aviation JV orders 40 aircraft from Airbus, Boeing with list price of $4.5 Bln
Tuesday, 17 Jul 2018 

July 17 (Reuters) - NWS Holdings Ltd <0659.HK>::SAYS ITS JV GOSHAWK AVIATION PLACES ITS FIRST DIRECT ORDERS WITH AIRBUS <<>> AND BOEING <<>> TO BUY A TOTAL OF 40 NEW AIRCRAFT VALUED AT $4.5 BILLION.SAYS UNDER THE AGREEMENTS, AIRBUS AND BOEING WILL RESPECTIVELY DELIVER 20 NEW A320NEO AIRCRAFT AND 20 NEW 737 MAX AIRCRAFT, SCHEDULED FOR DELIVERY BETWEEN 2023 AND 2025.  Full Article

NWS Holdings Announces Disposal Of Hip Seng Group
Friday, 8 Jun 2018 

June 8 (Reuters) - NWS Holdings Ltd <0659.HK>::UNIT TO DISPOSE HIP SENG GROUP TO SHERMAN DRIVE LTD FOR HK$168 MILLION.UNAUDITED GAIN EXPECTED TO BE DERIVED FROM DISPOSAL IS ABOUT HK$61.1 MILLION.  Full Article

NWS Holdings ‍Announces Partial Disposal Of Stake In Beijing Capital International Airport Co
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Nws Holdings Ltd <0659.HK>::‍ANNOUNCES PARTIAL DISPOSAL OF INTERESTS IN BEIJING CAPITAL INTERNATIONAL AIRPORT COMPANY LIMITED​.EXPECTS TO RECOGNIZE A PROFIT ON DISPOSAL UNDER PLACING IN AMOUNT OF ABOUT HK$0.8 BILLION.UNIT & J.P. MORGAN SECURITIES ENTERED AGREEMENT FOR PLACING OF 208 MILLION H SHARES OF BCIA HELD BY UNIT FOR HK$11.35 PER H SHARE OF BCIA.  Full Article

Bank of East Asia disposes Tricor Holdings
Wednesday, 5 Oct 2016 

Bank of East Asia Holdings Limited <0023.HK>: Bank, NWS Holdings and East Asia Secretaries entered into a share purchase agreement with Trivium for sale of all issued shares of Tricor . Deal for a cash consideration of HK$6,469.7 million . Expected that proceeds from disposal will be used as general working capital of bank and for its future business development . Bank is expected to book a profit in amount of about HK$3.100 billion in respect of disposal .Immediately after closing, bank will cease to hold any equity interest in Tricor and Tricor will cease to be a subsidiary of bank.  Full Article

NWS Holdings says FY net profit HK$4.91 billion
Tuesday, 20 Sep 2016 

Nws Holdings Ltd <0659.HK> : FY revenue of HK$29.50 billion versus HK$24.49 billion . Proposed final dividend per share of HK$0.34 . "Outlook of coal-fired power remains overshadowed by slowing electricity demand and rigorous emission controls" . "Outlook of domestic retail market will remain subdued as slowdown in inbound tourism is likely to continue" . FY net profit HK$4.91 billion versus HK$ 4.48 billion ."Outlook of aviation market remains robust".  Full Article

UPDATE 1-HNA Group to sell minority stake in Avolon - sources

Aug 2 China's HNA Group Co Ltd has been looking to sell a minority stake in its aircraft leasing business Avolon Holdings Ltd and has reached out to some parties in the last couple of months, according to some industry sources.