Sun Art Retail Group Ltd (6808.HK)
17 Jul 2018
* Says to work with Alibaba to make use of big data (Recasts on share plunge, adds management comment)
HONG KONG, March 4 Hypermarket operator Sun Art Retail Group Ltd posted a 8.6 percent rise in 2017 net profit on Sunday as steady demand from lower-tier cities helped offset pressure from rapidly growing e-commerce.
* CHENG CHUAN-TAI HAS RESIGNED AS A NON-EXECUTIVE DIRECTOR, CHAIRMAN OF BOARD
* MEMBERSHIP AGREEMENT HAS A TERM COMMENCING FROM 1 JANUARY 2018 AND ENDING ON 31 DECEMBER 2018. Source text for Eikon: Further company coverage:
* COMPANY ENTERED INTO NEW AGENCY AGREEMENT AND NEW SUBCONTRACTING AGREEMENT WITH PATINVEST. Source text for Eikon: Further company coverage: