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Road King Infrastructure Ltd (1098.HK)

1098.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Road King Infrastructure ‍Posts Profit For Year Of HK$2,476 Million
Thursday, 8 Mar 2018 

March 8 (Reuters) - Road King Infrastructure Ltd <1098.HK>::‍PROFIT FOR YEAR HK$2,476 MILLION VERSUS HK$1,374 MILLION​.FY ‍REVENUE HK$14.76 BILLION VERSUS HK$16.84 BILLION.‍PROPOSED FINAL DIVIDEND OF HK$0.78 PER SHARE​.  Full Article

Road King Infrastructure to ‍engage Build King Group as contractor for construction works
Friday, 24 Nov 2017 

Nov 24 (Reuters) - Road King Infrastructure Ltd <1098.HK>: :To ‍engage Build King Group as main contractor for construction works of property development projects in Hong Kong​.  Full Article

Road King Infrastructure says 9-mnth ‍property sales of group about RMB21.24 bln
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Road King Infrastructure Ltd <1098.HK>::9-Mnth ‍property sales of group about RMB21,238 million​.  Full Article

Road King Infrastructure says HY profit attributable to owners of co HK$283.9 mln
Friday, 18 Aug 2017 

Aug 18 (Reuters) - Road King Infrastructure Ltd <1098.HK>::HY profit attributable to owners of co HK$283.9 million versus HK$218.3 million.HY revenue HK$3.17 billion versus HK$4.35 billion.An interim dividend in respect of 2017 of HK$0.15 per share was declared.  Full Article

Road King Infrastructure updates on spin-off of RKE International
Thursday, 22 Jun 2017 

June 22 (Reuters) - Road King Infrastructure Ltd <1098.HK>::Reference is made to announcements regarding spin-off of RKE International.Market capitalisation of RKE shares will be between HK$6.20 billion and HK$8.53 billion.Total no. of RKE shares expected to be in issue immediately following completion of global offering is 1.55 billion RKE shares.Offer price is currently expected to be not less than HK$4.00 per RKE share and not more than HK$5.50 per RKE share.  Full Article

Road King Infrastructure proposes issue of senior perpetual capital securities
Monday, 19 Jun 2017 

June 19 (Reuters) - Road King Infrastructure <1098.HK>::Proposed issuance of US$300 million 7% senior guaranteed perpetual capital securities .Estimated net proceeds of securities issue will be approximately US$295.0 million.  Full Article

Road King Infrastructure says unit entered into cooperation framework agreement
Thursday, 11 May 2017 

May 11 (Reuters) - Road King Infrastructure Ltd <1098.HK>::Unit entered into cooperation framework agreement in relation to formation of 50:50 joint venture to participate in tender for land.Each of MEDOS and profit city has committed up to HK$13 million of funding towards joint venture.  Full Article

Road King Infrastructure says unit to form JV to develop residential properties
Monday, 24 Apr 2017 

April 24 (Reuters) - Road King Infrastructure Ltd <1098.HK> ::Unit and Beijing Ronghui entered into cooperation framework agreement for formation of jv to develop residential properties.Beijing Ronghui won bid for land use right of land on 20 april 2017 for a consideration of rmb1.89 billion.Equity interests of jv will be held as to 49% by Guangzhou Junjie and as to 51% by Beijing Ronghui.Capital contributed by Guangzhou Junjie and Beijing Ronghui into joint venture will be rmb49 million & rmb51 million respectively.Guangzhou Junjie & Beijing Ronghui also agree to provide shareholders' loan to jv on a pro rata basis of up to rmb2,300 million.Guangzhou Junjie & Beijing Ronghui to provide shareholders' loan to pay land premium of land & finance operating cost of JV.  Full Article

Road King Infrastructure enters into articles of agreement
Tuesday, 14 Mar 2017 

Road King Infrastructure Ltd <1098.HK> : Deal at a maximum expected price of about HK$149.4 million .Entered into articles of agreement with Build King Construction, a wholly- owned subsidiary of Build King.  Full Article

Road King Infrastructure announces operating statistics for FY ended 31 December 2016
Thursday, 26 Jan 2017 

Road King Infrastructure Ltd <1098.HK>: Road King Infra-unaudited Operating Statistics For The Full Year Ended 31 December 2016 <1098.HK> . Property sales for full year of 2016 comprised contracted sales of RMB17.61 billion, representing a surge of about 69% .Fy average daily traffic volume of toll road projects was increased to 219,000 vehicles.  Full Article