TONLY ELEC (01249.HK) 0.000 (0.000%)
announced the results for the nine months ended September 2014. The
company recorded a net profit of around $113 million, representing an
increase of 27.4%, compared with the same period of last year. The
increase was mainly attributable to the completion of the group’s
acquisition of the remaining 20% equity of its subsidiary, Tonly
Electronics Limited in May. The EPS was $75.33 cents. No dividend will
be declared
UCD (01599) plans to raise Rmb600m from A shares issue Beijing Urban Construction Design & Development Group (UCD) (01599) said it proposes to apply for initial public offering of Renminbi ordinary shares and listing. The number of public issuance of shares amounts to not more than 149.86 million shares. The issuance price of A shares shall not be lower than Rmb2.91 per share. The total proceeds raised from the issuance of A shares amount to Rmb600 million, which will be used for upgrading and reconstructing project of the design centre, the national engineering...
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