CK Asset Holdings Ltd (1113.HK)

1113.HK on Hong Kong Stock

22 Feb 2018
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Latest Key Developments (Source: Significant Developments)

CK Asset Holdings disposes all shares​ of Center (Holdings) for HK$40.2 bln
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Ck Asset Holdings Ltd <1113.HK>:‍Announces disposal of shares​.‍Center International to sell entire issued share capital of Center (Holdings) for HK$40.2 billion ​.‍Gain on disposal would be about HK$14.5 billion​.  Full Article

CK Asset updates on financial assistance given by co as at 18 Oct
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Ck Asset Holdings Ltd <1113.HK>:As at 18 Oct, aggregate amount of financial assistance given to affiliated cos exceeded 8 pct of relevant percentage ratio under listing rules​.  Full Article

Cheung Kong Property posts HY net profit HK$ 8.61 billion<1113.HK>
Thursday, 11 Aug 2016 

Cheung Kong Property Holdings Ltd <1113.HK>: Ck property-interim results for 2016 <1113.HK> . Interim dividend per share hk$0.38 . HY revenue hk$27.56 billion versus hk$19.05 billion . HY net profit hk$ 8.606 billion versus hk$ 6.89 billion a year ago . Says in second half of the year, hong kong's economic performance is likely to be affected by increased global uncertainties . Property prices in Hong Kong and the mainland are expected to continue to be affected by high construction costs and development and marketing expenses . Says group is cautiously optimistic about the prospects of its businesses .  Full Article

Fitch: CK Asset's Sale of Non-Core Property Neutral to Rating

(The following statement was released by the rating agency) HONG KONG, November 03 (Fitch) Fitch Ratings says that CK Asset Holdings Limited's (CK Asset; A/Stable) disposal of its entire stake in The Center, a grade-A office building in Central, Hong Kong, is consistent with the company's strategy of diversifying its recurring income stream and generating higher investment returns in stable businesses globally. CK Asset announced that it entered into an agreement to sell its entire stake in The