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United Kingdom

Best Pacific International Holdings Ltd (2111.HK)

2111.HK on Hong Kong Stock

4.30HKD
15 Feb 2018
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Volume
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770,253
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HK$7.47
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HK$4.00

Latest Key Developments (Source: Significant Developments)

Best Pacific International Holdings Updates On Acquisition Of Trischel Fabric (Private) Ltd
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Best Pacific International Holdings Ltd <2111.HK>::BEST PACIFIC INTERNATIONAL -MAS CAPITAL (PRIVATE) AGREED TO SELL & TRANSFER TO BPSL (THULHIRIYA) SHARES OF TRISCHEL FABRIC (PRIVATE).ANNOUNCES ‍ACQUISITION OF 51% OF ENTIRE ISSUED SHARE CAPITAL OF TRISCHEL FABRIC (PRIVATE) LIMITED​.‍DEAL FOR CONSIDERATION OF NOT MORE THAN US$50 MILLION.  Full Article

Best Pacific International says ‍unit enters agreement to form JV Co
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Best Pacific International Holdings Ltd <2111.HK>:Unit BPSL (Pannala), Brandix Lanka and Best Pacific Textiles Lanka enter agreement to establish JV Co​.JV Co to be held as to 75% by Best Pacific International Sri Lanka (Pannala) and 25% by Brandix Lanka.Brandix Lanka will procure BTL to transfer ownership of detachable structures of US$1.5 million to JV Co.  Full Article

Best Pacific International Holdings updates regarding facility agreement​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Best Pacific International Holdings Ltd <2111.HK>:‍Unit as borrowers , banks and Standard Chartered Bank (Hong Kong) entered into facility agreement ​.  Full Article

Best Pacific International expects to record a profit for HY ending 30 June 2017
Monday, 17 Jul 2017 

July 17 (Reuters) - Best Pacific International Holdings Ltd <2111.HK>::Group is expected to record a net profit in its interim results for half year ending 30 June 2017.Expected result due to lower than expected revenue from our elastic fabric, elastic webbing and lace segments.  Full Article

Best Pacific issues positive profit alert<2111.HK>
Friday, 5 Aug 2016 

Best Pacific International Holdings Ltd <2111.HK>: Positive profit alert for the six months ended 30 June 2016 <2111.HK> . Expected that the net profit of the group will be increased considerably for the six months ended 30 June 2016 . Best pacific international - expected increase in net profit of groupdue to the increase in turnover in the current period .  Full Article

Best Pacific International notes increase in price and trading volumes of shares<2111.HK>
Tuesday, 24 May 2016 

Best Pacific International Holdings Ltd <2111.HK>: Press clarification announcement <2111.HK> . Noted the increases in the price and trading volume of the shares of the company . "currently group has no timeline as to when revenue generated from its lace business would be increased up to hk$800 million to hk$1 billion" . "expected that the group will invest in approximately hk$600 million for construction of its first production site in Vietnam" . Save as disclosed not aware of any reasons for these price and volume movements .  Full Article

Best Pacific International says unit obtained approval for expansion project<2111.HK>
Monday, 9 May 2016 

Best Pacific International Holdings Ltd <2111.HK>: unit recently obtained approval from Dongguan environmental protection bureau for expansion project . Voluntary announcement approval of expansion project and construction of sewage treatment plant . expected investment amount for expansion project will be in range of about RMB80 million to RMB120 million . group intends to use its internal resources and/or external loans to fund expansion project . expansion project is not expected to have any material impact on the net EPS of company for FY ending 31 December 2016 .  Full Article

BRIEF-Best Pacific International Holdings Sees 30% Decline In FY Net Profit​

* EXPECTED LOWER PROFIT DUE TO ‍LOWER THAN EXPECTED REVENUE FROM ELASTIC FABRIC, ELASTIC WEBBING & LACE SEGMENTS​