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Far East Horizon Ltd (3360.HK)

3360.HK on Hong Kong Stock

7.78HKD
23 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Far East Horizon Says FY Profit Attributable Rises 12 Pct To RMB3.23 Billion
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Far East Horizon Ltd <3360.HK>::BOARD RECOMMENDS PAYMENT OF A FINAL DIVIDEND OF HK$0.30 PER SHARE.FY PROFIT ATTRIBUTABLE RMB3.23 BILLION, UP 12%.FY TOTAL REVENUE RMB18.78 BILLION VERSUS RMB13.93 BILLION.  Full Article

Far East Horizon Ltd Says Units To Sell Underlying Assets
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Far East Horizon Ltd <3360.HK>::UNIT TO SELL AND SHENWAN HONGYUAN SECURITIES TO BUY IFEL UNDERLYING ASSETS FOR RMB2.81 BILLION.DUE TO DISPOSAL, GROUP TO REALISE NET GAIN OF ABOUT RMB1 MILLION.‍UNIT FETJ TO SELL UNDERLYING ASSETS TO SHENWAN HONGYUAN SECURITIES CO FOR RMB1.24 BILLION.  Full Article

Far East Horizon says Orient Securities and CMB arrange for asset backed notes worth RMB3,004 mln​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Far East Horizon Ltd <3360.HK>:Orient securities and CMB shall arrange for issuance of various classes of assets backed notes worth RMB3,004 million​.As a result of issuance of assets backed notes, group would realise a net gain of about RMB1.3 million​.  Full Article

Far East Horizon's unit subscribes for 43.6 mln placing shares of Consun Pharmaceutical Group
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Far East Horizon Ltd <3360.HK>::Unit subscribes for 43.6 million placing shares of Consun Pharmaceutical Group at HK$6.60 per placing share​.  Full Article

Far East Horizon says group's 9-mnth unaudited profit before taxation & profit attributable up more than 10 pct
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Far East Horizon Ltd <3360.HK>:9-Month ‍ total unaudited interest-earning assets, up 25 percent ​.9-mnth ‍group's unaudited profit before taxation & profit attributable rose by more than 10 percent versus 2016 corresponding period.  Full Article

Far East Horizon announces disposal of assets
Friday, 22 Sep 2017 

Sept 22 (Reuters) - Far East Horizon Ltd <3360.HK>:Fetj and tianfeng securities entered into fetj assets disposal agreement.Anticipated that upon completion of disposal, group would realise net gain of about rmb1 million.Tianfeng securities co to acquire ifel underlying assets at ifel consideration of rmb2.25 billion.Unit and tianfeng securities co entered into ifel assets disposal agreement.Fetj to sell fetj underlying assets at consideration of rmb1.36 billion.  Full Article

Far East Horizon says units entered entered into assets disposal agreement with China International Capital
Monday, 18 Sep 2017 

Sept 18 (Reuters) - Far East Horizon Ltd <3360.HK>:Discloseable transactions disposal Of underlying Assets.IFEL and China International Capital Corp Ltd entered into assets disposal agreement.Far East Horizon - Anticipated that upon completion of disposal, group would realise net gain of about RMB 1.2 million.Consideration for IFEL assets disposal agreement RMB 1.53 billion.Unit FETJ and purchaser entered into FETJ assets disposal agreement.Far East Horizon Ltd - China International Capital Corporation agreed to acquire FETJ underlying assets at FETJ consideration of RMB809.4 million.  Full Article

Far East Horizon posts HY profit attributable of RMB1.62 bln
Wednesday, 23 Aug 2017 

Aug 23 (Reuters) - Far East Horizon Ltd <3360.HK>:HY profit for year attributable RMB1.62 billion versus RMB1.44 billion .HY total revenue RMB8.97 billion versus RMB7.28 billion.  Full Article

Far East Horizon says unit enters FETJ assets disposal agreement
Tuesday, 8 Aug 2017 

Aug 8 (Reuters) - Far East Horizon Ltd <3360.HK>:FETJ, an indirect wholly-owned subsidiary of company, and purchaser entered into FETJ assets disposal agreement.Pursuant to fetj disposal, fetj to sell and purchaser to acquire fetj underlying assets at fetj consideration of rmb724.1 million.IFEL has agreed to sell and purchaser has agreed to acquire ifel underlying assets at ifel consideration of rmb254.7 million.Anticipated that upon completion of ifel disposal and fetj disposal, group would realise a net gain of approximately rmb200 thousand.Unit entered into first assets disposal agreement on sept 27, 2016.  Full Article

Far East Horizon announces disposal of underlying assets
Friday, 14 Jul 2017 

July 14 (Reuters) - Far East Horizon Ltd <3360.HK>-:Discloseable Transactions Disposal Of Underlying Assets .Purchaser has conditionally agreed to acquire IFEL underlying assets at ifel consideration of rmb1.49 billion.‍IFEL and purchaser entered into IFEL assets disposal agreement​.Anticipated that upon completion of disposal, group would realise a net gain of approximately rmb670,000.‍FETJ and Minsheng Tonghui Asset Management​ as purchaser entered into FETJ assets disposal agreement.FETJ to sell and purchaser to acquire fetj underlying assets at fetj consideration of rmb933.4 million.  Full Article

BRIEF-Far East Horizon Clarifies On Recent Media Reports

* IS NOT CURRENTLY SEEKING TO PLACE ANY SHARES OF COMPANY IN MARKET