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Honghua Group Ltd (0196.HK)

0196.HK on Hong Kong Stock

0.91HKD
16 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Honghua Group's Unit ‍To Sell To Arabian Drilling Co Certain Units Of Land Drilling Rigs For $120 Mln ​
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Honghua Group Ltd <0196.HK>::UNIT ‍TO SELL TO ARABIAN DRILLING CO CERTAIN UNITS OF LAND DRILLING RIGS WITH CERTAIN SPECIFICATIONS​.DEAL FOR US$120 MILLION.UNIT TO SELL TO ARABIAN DRILLING CO CERTAIN UNITS OF LAND DRILLING RIGS WITH CERTAIN SPECIFICATIONS.  Full Article

Honghua Group Updates Regarding Potential Disposals
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Honghua Group Ltd <0196.HK>::‍INTENDS TO DISPOSE OF THROUGH PUBLIC TENDER, ITS INTEREST IN JIANGSU OFFSHORE, SHANGHAI HONGHUA OFFSHORE OIL & GAS EQUIPMENT.TO DISPOSE OF THROUGH CONTRACTS, ITS INTEREST IN PRIME; ITS INTEREST IN FSP AND ITS ENTIRE INTEREST IN TANK TEK​.  Full Article

Honghua Group Expects Loss For Year Ended 31 Dec. 2017 To Increase By About 100%
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Honghua Group Ltd <0196.HK>::LOSS FOR YEAR ENDED 31 DECEMBER 2017 IS EXPECTED TO INCREASE BY ABOUT 100%.EXPECTED RESULT ‍DUE TO CONTINUOUS LOSS IN OFFSHORE SEGMENT & IMPAIRMENT PROVISION MADE FOR ASSETS WITH SIGNIFICANT RISK OF IMPAIRMENT.  Full Article

John Wood secures engineering contract from Honghua for LNG platform development in Mexico
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Honghua Group Ltd <0196.HK>:HONGHUA GROUP AWARDED $12 MILLION FEED CONTRACT TO WOOD FOR LNG PLATFORM DEVELOPMENT IN WEST DELTA AREA OF GULF OF MEXICO‍​.  Full Article

Honghua Group issues profit warning<0196.HK>
Tuesday, 2 Aug 2016 

Honghua Group Ltd <0196.HK>: Group-profit warning <0196.HK> . Says group's loss for the six months ended 30 June 2016 is expected to increase substantially . Expected loss is primarily due to the fact that the international oil prices continuously fluctuated at low level .  Full Article

Honghua Group issues FY 2015 profit warning
Tuesday, 23 Feb 2016 

Honghua Group Ltd:Says expected to record a loss for the year ended 31 December 2015.Expected loss is primarily attributable to the continuous fluctuation of the international oil prices at low level in 2015.  Full Article

Fitch Places APAC Speculative Credits on Rating Watch on Exposure Draft

(The following statement was released by the rating agency) HONG KONG, December 18 (Fitch) Fitch Ratings has placed the ratings on three issuers in Asia-Pacific on Rating Watch Positive (RWP) or Rating Watch Negative (RWN). The respective bond issues and programmes have also been placed on RWN or RWP. The three issuers are: - Honghua Group Limited - Parkson Retail Group Limited - Sunshine 100 China Holdings Ltd A full list of rating actions is at the end of this rating action commentary. KEY RAT