Edition:
India

SMI Holdings Group Ltd (0198.HK)

0198.HK on Hong Kong Stock

3.29HKD
15 Jun 2018
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Latest Key Developments (Source: Significant Developments)

SMI Holdings Says Intends To Buy Certain Stake In Ally Fortune Investments From Master Glory
Thursday, 31 May 2018 

May 31 (Reuters) - SMI Holdings Group Ltd <0198.HK>::INTENDS TO ACQUIRE CERTAIN STAKE IN ALLY FORTUNE INVESTMENTS FROM MASTER GLORY GROUP.  Full Article

SMI Holdings Group Says Yang Rongbing Retires As CEO
Thursday, 31 May 2018 

May 31 (Reuters) - SMI Holdings Group Ltd <0198.HK>::YANG RONGBING RETIRES AS EXECUTIVE DIRECTOR AND CEO.  Full Article

SMI Holdings Posts Loss For Year Of HK$267 Mln
Thursday, 29 Mar 2018 

March 29 (Reuters) - SMI Holdings Group Ltd <0198.HK>::FY REVENUE INCREASED BY 13.1% TO HK$3,789 MILLION.FY ‍LOSS FOR YEAR HK$267 MILLION VERSUS PROFIT OF HK$407 MILLION​.  Full Article

SMI Holdings Announces To ‍Issue Convertible Bonds Of Up To HK$1.30 Bln Due 2020​
Thursday, 29 Mar 2018 

March 29 (Reuters) - SMI Holdings Group Ltd <0198.HK>::ANNOUNCES ‍ISSUANCE OF CONVERTIBLE BONDS OF UP TO HK$1.30 BILLION DUE 2020​.  Full Article

SMI Holdings Group Announces Unit To Dispose Stake In Chengdu Runyun To Xiamen Times
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Smi Holdings Group Ltd <0198.HK>::‍SMI INTERNATIONAL AGREED TO DISPOSE OF 5% EQUITY INTEREST IN CHENGDU RUNYUN TO XIAMEN TIMES FOR RMB1 BILLION​.  Full Article

SMI Holdings Says Cheer Hope To Subscribe For CCB Convertible Bonds
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - SMI Holdings Group Ltd <0198.HK>::ON 15 DEC, CHEER HOPE AGREED TO SUBSCRIBE FOR CCB CONVERTIBLE BONDS (2017) IN PRINCIPAL AMOUNT OF HK$300 MILLION DUE 2018.‍NET PROCEEDS FROM SUBSCRIPTION ARE ESTIMATED TO BE OF APPROXIMATELY HK$296.5 MILLION​.  Full Article

Prosperity International Holdings Hk ‍enters subscription agreement with SMI Holdings Group
Monday, 12 Jun 2017 

June 12 (Reuters) - Prosperity International Holdings Hk Ltd <0803.HK>:‍Company and SMI Holdings Group entered into subscription agreement​‍​.Co agreed to allot and issue and smi holdings group agreed to subscribe for 639.1 million shares at hk$0.11 per share​.  Full Article

SMI Culture enters subscrpition agreement<0198.HK>
Tuesday, 6 Sep 2016 

SMI Holdings Group Ltd <0198.HK>: ...more joint announcement proposed issue of convertible bonds and provision of guarantee <0198.HK> . SMI culture and the investor entered into the subscription agreement . SMI culture agreed to issue and the investor has conditionally agreed to subscribe for the convertible bonds . Investor agreed to subscribe for the convertible bonds with an aggregate principal amount of HK$65mln .  Full Article

SMI Holdings Group HY net profit HK$275.0 million<0198.HK>
Wednesday, 31 Aug 2016 

SMI Holdings Group Ltd <0198.HK>: Announcement of interim results for the six months ended 30 June 2016 . HY net profit HK$275.0 million versus HK$191.1 million . No interim dividend was proposed for the six months ended 30 June 2016 . HY revenue increased by 30.6% to approximately HK$1.83 billion . Looking ahead into second half of year, China's box office revenue will be getting closer to that of U.S. market . Plan is to set up more than 300 theatres across the nation by the end of 2016 . Plans to develop business in the third and fourth tier cities. . Believe that revenue from non-box office business will become important sources of revenue of the group .  Full Article

SMI Holdings says Orient Securities Asset Management intends to establish a trust benefit rights proposal<0198.HK>
Tuesday, 9 Aug 2016 

SMI Holdings Group Ltd <0198.HK>: Orient securities asset management co., ltd. intends to establish the SMI cinemas trust benefit rights phase two assets back proposal . SMI International cinemas trust benefit rights phase two assets back proposal of RMB1.5 billion . Pledged assets of the proposal is part of the future box office revenue from 50 cinemas operated by SMI Holdings Group . Orient Securities Asset Management Co., Ltd. intends to issue to investors senior assets backed securities and subordinate asset backed securities under proposal. .  Full Article

BRIEF-SMI Holdings Terminates Possible Disposal

* TO NOT PROCEED WITH POSSIBLE DISPOSAL, HAS DELIVERED NOTICE TO SUCCESS ELECTRONICS TO TERMINATE RESTRUCTURING FRAMEWORK AGREEMENT