Fixed exchange rate

Hi Sun Tech Announces 2020 Annual Results: Profit for the Year Increases 14% to HK$779 million

Retrieved on: 
Monday, March 29, 2021

Cloopen (NYSE:RAAS), an associated company of the Group, began trading on the New York Stock Exchange on 9 February 2021(NYT).

Key Points: 
  • Cloopen (NYSE:RAAS), an associated company of the Group, began trading on the New York Stock Exchange on 9 February 2021(NYT).
  • During the Year, the Group's consolidated revenue reached HK$4,143.4 million, representing a decrease of 26% when compared with HK$5,576.0million for the same period last year.
  • The Group's operating profit was HK$653.1 million, representing an increase of 13% when compared with HK$578.2 million the same period last year.
  • Profit for the year was HK$779.1 million, representing an increase of 14% when compared with HK$683.0 million for the same period last year.

HKC Announces 2020 Annual Results, Net Profit drops 36% to HK$241.6 Million

Retrieved on: 
Thursday, March 18, 2021

During the Period Under Review, turnover amounted to HK$1,184.0 million (2019: HK$1,036.9 million), and gross profit amounted to HK$662.2 million (2019:HK$682.4 million).

Key Points: 
  • During the Period Under Review, turnover amounted to HK$1,184.0 million (2019: HK$1,036.9 million), and gross profit amounted to HK$662.2 million (2019:HK$682.4 million).
  • Due to reduced higher-margin leasing revenues, gross profit margins dropped to 56% from 66% in 2019.
  • The Group was also negatively impacted by a HK$98.4 million revaluation loss on its investment properties.
  • As a result, net profit declined 36% to HK$241.6 million.

GE Announces Expiration and Results of its Debt Tender Offers

Retrieved on: 
Friday, December 18, 2020

As previously announced, the Offers for the Pool 2 Notes were conditioned on the Pool 2 Total Purchase Price Condition.

Key Points: 
  • As previously announced, the Offers for the Pool 2 Notes were conditioned on the Pool 2 Total Purchase Price Condition.
  • King & Co., Inc. was appointed the information agent with respect to the Offers for Dollar Notes (the Dollar Notes Information Agent) and the tender agent with respect to the Offers for Dollar Notes (the Dollar Notes Tender Agent).
  • Any tender of Notes pursuant to the Offers from a Holder that is unable to make these representations shall not be accepted.
  • GE encourages investors to visit these websites from time to time, as information is updated and new information is posted.

GE Announces Launch of Debt Tender Offers

Retrieved on: 
Friday, December 11, 2020

The primary purpose of the Offers is to acquire all outstanding Notes listed on Table I and Table II above.

Key Points: 
  • The primary purpose of the Offers is to acquire all outstanding Notes listed on Table I and Table II above.
  • Notes that are accepted in the Offers will be purchased, retired and cancelled by GE or its subsidiaries, as applicable, and will no longer remain outstanding obligations of GE or any of its subsidiaries.
  • None of the Offers is conditioned upon completion of any of the other Offers, and each Offer otherwise operates independently from the other Offers.
  • King & Co., Inc. has been appointed the information agent with respect to the Offers for Dollar Notes (the Dollar Notes Information Agent) and the tender agent with respect to the Offers for Dollar Notes (the Dollar Notes Tender Agent).

Plastec Technologies Reports Fiscal 2020 First Half Financial Results; Announces Extension of Securities Repurchase Plan

Retrieved on: 
Thursday, August 20, 2020

Plastec Technologies, Ltd. (OTCBB: PLTYF) (the Company) today reported unaudited financial results for the fiscal 2020 six-month period ended June 30, 2020.

Key Points: 
  • Plastec Technologies, Ltd. (OTCBB: PLTYF) (the Company) today reported unaudited financial results for the fiscal 2020 six-month period ended June 30, 2020.
  • All other amounts in this press release are presented in U.S. dollars (USD) with a conversion rate of US$1.0: HK$7.8.
  • $22.5 million in working capital at June 30, 2020, compared to $22.6 million at December 31, 2019.
  • Book value per share was $1.75 at June 30, 2020, compared to $1.76 at December 31, 2019.

CSOP USD Money Market ETF (Stock code:9096.HK) was rated “AAAf” by Fitch Ratings

Retrieved on: 
Friday, March 20, 2020

9096.HK, one of the CSOP money market ETFs has several features as the pioneer cash management tool in HK market.

Key Points: 
  • 9096.HK, one of the CSOP money market ETFs has several features as the pioneer cash management tool in HK market.
  • Ms. Melody He, Head of Business Development of CSOP commented, We are glad to see Fitch assigned 9096.HK with AAAf rating.
  • Besides 9096.HK, CSOP provides investors with diversified cash management tools denominated in HKD and RMB - CSOP HKD Money ETF (3035.HK) and CSOP RMB Money Market ETF (3122.HK).
  • The CSOP US Dollar Money Market ETF (the Fund) has been developed solely by CSOP Asset Management Limited.

Statement by the Prime Minister on the death of Sultan Qaboos of Oman

Retrieved on: 
Saturday, January 11, 2020

OTTAWA, Jan. 11, 2020 /CNW/ - The Prime Minister, Justin Trudeau, today issued the following statement on the death of Sultan Qaboos of Oman:

Key Points: 
  • OTTAWA, Jan. 11, 2020 /CNW/ - The Prime Minister, Justin Trudeau, today issued the following statement on the death of Sultan Qaboos of Oman:
    "Canada offers its deepest sympathies and heartfelt condolences to the people of Oman and the royal family at the news of Sultan Qaboos's passing.
  • "Having been in power since 1970, Sultan Qaboos was the longest serving leader in the Arab world.
  • We recognize his efforts to modernize Oman, including the building of extensive infrastructure and the establishment of the Omani Rial, the national currency of Oman.
  • "The Sultan's work will continue to be felt both at home in Oman as well as through the wider region.

Latest edition of World Finance explores Singapore’s recession risk, the economic impact of Crimea’s annexation and the opposition facing the CFA franc

Retrieved on: 
Monday, October 7, 2019

With Singapore now teetering on the edge of recession, Courtney Goldsmith analyses its economic prospects in the latest edition of World Finance.

Key Points: 
  • With Singapore now teetering on the edge of recession, Courtney Goldsmith analyses its economic prospects in the latest edition of World Finance.
  • Elsewhere in the magazine, Barclay Ballard investigates whether the annexation of Crimea actually benefitted Russias economy, amid conflicting reports from Moscow.
  • Meanwhile, Alex Katsomitros examines the growing tide of opposition to the CFA franc, a currency used in 14 countries across West and Central Africa.
  • It benefits from a global distribution network that includes subscriber lists of prominent decision-makers around the world.

Plastec Technologies Reports 2019 First Half Financial Results; Announces Extension of Securities Repurchase Plan

Retrieved on: 
Monday, August 26, 2019

Plastec Technologies, Ltd. - (OTCBB: PLTYF), (the Company), today reported unaudited financial results for the fiscal 2019 six-month period ended June 30, 2019.

Key Points: 
  • Plastec Technologies, Ltd. - (OTCBB: PLTYF), (the Company), today reported unaudited financial results for the fiscal 2019 six-month period ended June 30, 2019.
  • See financial tables at the end of this release in Hong Kong dollars (HKD).
  • All other amounts in this press release are presented in U.S. dollars (USD) with a conversion rate of US$1.0: HK$7.8.
  • The special cash dividend was paid on or about June 28, 2019 to shareholders of record as of June 21, 2019.

Plastec Technologies Reports Fiscal 2018 Financial Results; Achievement of 2018 Performance Target

Retrieved on: 
Tuesday, April 16, 2019

Plastec Technologies, Ltd. - (OTCBB:PLTYF), (the Company), today reported audited financial results for the fiscal 2018 year ended December 31, 2018.

Key Points: 
  • Plastec Technologies, Ltd. - (OTCBB:PLTYF), (the Company), today reported audited financial results for the fiscal 2018 year ended December 31, 2018.
  • See financial tables at the end of this release in Hong Kong dollars (HKD).
  • $54.9 million in working capital at December 31, 2018, compared to $71.7 million at December 31, 2017.
  • Book value per share was $5.45 at December 31, 2018, compared to $7.62 at December 31, 2017.