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Starlight Culture Entertainment Group Ltd (1159.HK)

1159.HK on Hong Kong Stock

2.68HKD
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Latest Key Developments (Source: Significant Developments)

Starlight Culture Entertainment Group Appoints Gao Qun As An Executive Director And Chairman
Friday, 5 Oct 2018 

Oct 5 (Reuters) - Starlight Culture Entertainment Group Ltd <1159.HK>::APPOINTS GAO QUN AS AN EXECUTIVE DIRECTOR AND CHAIRMAN.  Full Article

Starlight Culture Entertainment Says Optima Capital Offers To Buy Shares, Convertible Bonds Of Co
Friday, 14 Sep 2018 

Sept 14 (Reuters) - Starlight Culture Entertainment Group Ltd <1159.HK>::OPTIMA CAPITAL OFFERS TO BUY ALL SHARES & CONVERTIBLE BONDS OF STARLIGHT CULTURE ENTERTAINMENT.OFFER FOR ALL SHARES & CONVERTIBLE BONDS EXCEPT THOSE OWNED OR TO BE BOUGHT BY CICFH INVESTMENT MANAGEMENT.DEAL AT SHARE OFFER PRICE OF HK$0.8936 PER OFFER SHARE.DEAL FOR HK$328.2 MILLION.INTENDS TO FINANCE CONSIDERATION PAYABLE BY MARGIN FACILITY OF HK$284 MILLION OBTAINED FROM ZHONGTAI SECURITIES.APPLICATION MADE TO STOCK EXCHANGE FOR RESUMPTION OF TRADING IN SHARES FROM 9:00 A.M. ON 17 SEPT.  Full Article

Starlight Culture Entertainment Says ZFIL Entered Into LoI With Potential Purchaser
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Starlight Culture Entertainment Group Ltd <1159.HK>::ZHONGTAI FINANCIAL INVESTMENT ENTERED INTO LETTER OF INTENT WITH POTENTIAL PURCHASER.ZFIL TO EXERCISE RIGHTS TO EFFECT TRANSFER OF 54.8% SHARE CAPITAL OF CO FROM COSMIC LEADER TO POTENTIAL PURCHASER.APPLICATION MADE TO STOCK EXCHANGE FOR RESUMPTION OF TRADING IN SHARES FROM AUGUST 22.  Full Article

Starlight Culture Entertainment Group Expects A Fall In Loss For HY
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Starlight Culture Entertainment Group Ltd <1159.HK>::EXPECTED TO RECORD A DECREASE IN LOSS OF AROUND HK$200 MILLION FOR HY.EXPECTED RESULT DUE TO FALL IN IMPAIRMENT LOSSES AND RISE IN REVERSAL OF IMPAIRMENT LOSSES OF ABOUT HK$30 MILLION.  Full Article

Starlight Culture Entertainment Says Yan Xu Ceased To Be Chairman Of Board
Friday, 29 Jun 2018 

June 29 (Reuters) - Starlight Culture Entertainment Group Ltd <1159.HK>::YAN XU CEASED TO BE CHAIRMAN OF BOARD.  Full Article

Starlight Culture Entertainment Says Unit Enters Term Sheet To Confirm Terms Of Financing Of Film
Thursday, 7 Jun 2018 

June 7 (Reuters) - Starlight Culture Entertainment Group Ltd <1159.HK>::UNIT, FINANCIERS AND MIDWAY ISLAND PRODUCTIONS ENTERED TERM SHEET TO CONFIRM TERMS ON FINANCING A MOTION PICTURE.UNIT WILL PROVIDE EQUITY FINANCING OF UP TO US$8.8 MILLION TO CO-FINANCE FILM.UNIT SHALL BE ENTITLED TO RECEIVE 40% OF REVENUES THROUGHOUT WORLD DISTRIBUTABLE TO FINANCIERS.  Full Article

Starlight Culture Entertainment Posts FY Revenue Of HK$40 Mln
Thursday, 29 Mar 2018 

March 29 (Reuters) - Starlight Culture Entertainment Group Ltd <1159.HK>::FY REVENUE HK$40 MILLION VERSUS HK$195.6 MILLION.FY LOSS FOR THE YEAR HK$298 MILLION VERSUS LOSS OF HK$50.9 MILLION.  Full Article

Starlight Culture Entertainment Group Says Trading In Co's Shares To Be Halted
Thursday, 29 Mar 2018 

March 29 (Reuters) - Starlight Culture Entertainment Group Ltd <1159.HK>::TRADING IN CO'S SHARES TO BE HALTED ON MARCH 29 PENDING RELEASE OF ANNUAL RESULTS.  Full Article

Starlight Culture Entertainment Group Enters Content Cooperation Framework Agreement With Oriental Pearl Media Co​
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Starlight Culture Entertainment Group Ltd <1159.HK>::‍CO AND UNIT ENTERED INTO A CONTENT COOPERATION FRAMEWORK AGREEMENT WITH ORIENTAL PEARL MEDIA CO​.  Full Article

Starlight Culture Entertainment Group to buy stake in Starlight Legend Investment Ltd
Friday, 15 Sep 2017 

Sept 15 (Reuters) - Starlight Culture Entertainment Group Ltd <1159.HK>:Company, Rare Jewels Limited, and Yan (being vendor guarantor) entered into agreement.Rare Jewels Ltd to sell shares for consideration of US$25 million (about HK$195 million).  Full Article

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