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Suncity Group Holdings Ltd (1383.HK)

1383.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Suncity Group Holdings Says FY Profit Attributable Of RMB197.0 Mln
Monday, 2 Apr 2018 

April 2 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::FY PROFIT ATTRIBUTABLE OF RMB197.0 MILLION VERSUS LOSS OF RMB702.2 MILLION.FY REVENUE DOWN 50.88% TO RMB544.7 MILLION.  Full Article

Suncity Group Holdings Expects To Record Profit Attributable For FY
Thursday, 22 Mar 2018 

March 22 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::GROUP IS EXPECTED TO RECORD PROFIT ATTRIBUTABLE TO OWNERS OF COMPANY FOR YEAR ENDED 31 DECEMBER 2017.EXPECTED FY RESULT DUE TO ‍REVERSAL OF PROVISION FOR LITIGATIONS OF ABOUT RMB289 MILLION AS A RESULT OF CORRECTION OF PRIOR YEAR'S ERRORS​.  Full Article

Suncity Group Holdings Updates On Settlement Agreement Between‍ Shenzhen Zirui & Sun Century Property
Friday, 23 Feb 2018 

Feb 23 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::SHENZHEN ZIRUI & SUN CENTURY PROPERTY ENTER AGREEMENT TO SETTLE BANK CLAIM WITH SETTLEMENT AMOUNT OF RMB235 MILLION.SHENZHEN ZIRUI & SUN CENTURY PROPERTY ALSO SIGN AGREEMENT TO SETTLE CONSULTANT CLAIM OF RMB45 MILLION IN ADDITION TO DEPOSIT OF RMB84.6 MILLION.  Full Article

Suncity says HY revenue rmb333.2 million
Monday, 28 Aug 2017 

Aug 28 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::HY revenue rmb333.2 million versus rmb205.5 million.HY loss attributable rmb 1.06 billion versus loss of rmb 64.8 million.  Full Article

Suncity Group expects to record rise in HY loss attributable
Monday, 21 Aug 2017 

Aug 21 (Reuters) - Suncity Group Holdings Ltd <1383.HK> ::Expected to record a significant increase in its loss attributable to owners of company for six months ended 30 June 2017.Expected result due to a loss on change in fair value of derivative component of convertible bonds of about RMB697.7 million.  Full Article

Suncity Group Holdings updates on receiving enforcement civil ruling
Wednesday, 26 Jul 2017 

July 26 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::Recently received enforcement civil ruling from Guangdong Province Shenzhen City Intermediate People's Court.Bank claim relates to loan agreement for loan with principal amount of Rmb120mln & made between bank & co established in PRC as borrower.Enforcement civil ruling relating to enforcement of a civil claim taken out by a bank.Pursuant to judgment, assets of borrower, Shenzhen Zirui, Sun Century Property and other defendants under bank claim shall be seized or frozen.  Full Article

Suncity Group says Goal Summit and Suncity International entered into acquisition MoU
Thursday, 22 Jun 2017 

June 22 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::Goal summit limited and suncity international holdings limited entered into acquisition MoU.MoU in relation to proposed acquisition of entire equity interest in and shareholder's loan to Star Admiral Ltd.  Full Article

Sun Century Group says Yeung So Lai has resigned as Chief Executive Officer
Friday, 31 Mar 2017 

Sun Century Group Ltd <1383.HK> : Manuel Assis Da Silva has been appointed as executive director . Cheng Mei Ching has resigned as executive director . Au Chung On John has been appointed as executive director .Yeung So Lai has resigned as executive director, chief executive officer.  Full Article

Sun Century says unit enters MOU in relation to integrated resort project in Vietnam
Monday, 27 Feb 2017 

Sun Century Group <1383.HK>: Suncity Group Management And Consultancy Limited, a unit, entered into a memorandum of understanding with an independent third party . Non-legally binding memorandum of understanding relating to provision of consultancy and management of integrated resort project in Vietnam .Unit entered into a mou with an independent third party regarding provision of consultancy and management services.  Full Article

Sun Century announces termination of a possible acquisition<1383.HK>
Thursday, 11 Aug 2016 

Sun Century Group Ltd <1383.HK>: Termination of the possible acquisition <1383.HK> . Entered into an agreement with the present vendor to terminate the agreement of intent . Co and present vendor confirmed that it has no claims on the other in relation to the agreement of intent and the termination agreement . Company intends to use the unutilised net proceeds from open offer of about hk$37.4 million as general working capital of group .  Full Article

Photo

In Vietnam, a mega casino rises with the help of a Macau junket company

HONG KONG Along a three-kilometer (2-mile) stretch of coastline in central Vietnam, construction cranes are digging up mounds of sand and rubble where the country's biggest casino is set to open next year. | Video

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