Edition:
India

Orient Overseas (International) Ltd (0316.HK)

0316.HK on Hong Kong Stock

42.60HKD
8:56am IST
Change (% chg)

HK$0.00 (+0.00%)
Prev Close
HK$42.60
Open
HK$42.60
Day's High
HK$42.60
Day's Low
HK$42.60
Volume
1,000
Avg. Vol
6,179
52-wk High
HK$82.55
52-wk Low
HK$42.60

Latest Key Developments (Source: Significant Developments)

Orient Overseas (International) Says Units To Sell Entire Interests In LBCT LLC
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Orient Overseas (International) Ltd <0316.HK>::UNITS ENTERED SALE AND PURCHASE AGREEMENT WITH OLIVIA HOLDINGS TO SELL ENTIRE INTERESTS IN LBCT LLC FOR US$1.78 BILLION.EXPECTED TO REALISE AN ESTIMATED GAIN BEFORE TAX OF ABOUT US$1.293 BILLION FROM DEAL.  Full Article

Orient Overseas International Says Unit, Cosco Shipping Logistics And JD Logistics To Establish JV
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Orient Overseas (International) Ltd <0316.HK>::UNIT, COSCO SHIPPING LOGISTICS AND JD LOGISTICS ENTERED INTO AGREEMENT TO ESTABLISH JV.COSCO SHIPPING TECHNOLOGY TO SELL TO GOLD TALENT 25% STAKE IN ESHIPPING HELD BY COSCO SHIPPING TECHNOLOGY.UNDER JV, CHINA SHIPPING TO SELL TO GOLD TALENT 17.35% OF ESHIPPING HELD BY CHINA SHIPPING GROUP AT ABOUT RMB9.2 MILLION.COSCO SHIPPING TECHNOLOGY TO SELL SALE EQUITIES II AT RMB13.2 MILLION.JV SETUP WITH INITIAL REGISTERED CAPITAL OF RMB255 MILLION; GOLD TALENT TO CONTRIBUTE RMB66 MILLION TO JV.  Full Article

Orient Overseas (International) Posts FY Profit Attributable Of $108.2 Mln
Monday, 25 Mar 2019 

March 25 (Reuters) - Orient Overseas (International) Ltd <0316.HK>::FY REVENUE $6.57 BILLION VERSUS $5.98 BILLION.FY PROFIT ATTRIBUTABLE $108.2 MILLION VERSUS $137.7 MILLION.PROPOSES A FINAL DIVIDEND IN RESPECT OF 2018 OF US7.7 CENTS PER ORDINARY SHARE.  Full Article

Orient Overseas (International) Posts Q3 Total Revenues Of $1,555.7 MLN
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Orient Overseas (International) Ltd <0316.HK>::Q3 TOTAL REVENUES INCREASED BY 7% TO US$1,555.7 MILLION.Q3 OVERALL LOAD FACTOR WAS 2.3% HIGHER THAN SAME PERIOD IN 2017.FOR Q3 OF 2018 TOTAL VOLUMES WERE 6.9% UP FROM SAME PERIOD LAST YEAR.  Full Article

Orient Overseas International Posts FY Profit Attributable $‍137.7 Mln
Monday, 12 Mar 2018 

March 12 (Reuters) - Orient Overseas International Ltd <0316.HK>::FY PROFIT ATTRIBUTABLE $‍137.7 MILLION VERSUS LOSS OF $219.2 MILLION A YEAR AGO.FY REVENUE $6.11 BILLION VERSUS $5.30 BILLION ‍​.  Full Article

COSCO's OOIL sells Long Beach terminal to Macquarie for $1.78 billion

SHANGHAI Orient Overseas International Ltd (OOIL) said on Tuesday it has agreed to sell its Long Beach container terminal to a subsidiary of Australia's Macquarie Group for $1.78 billion.