Edition:
India

Suncity Group Holdings Ltd (1383.HK)

1383.HK on Hong Kong Stock

0.78HKD
7 Aug 2020
Change (% chg)

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Latest Key Developments (Source: Significant Developments)

Suncity Group Says Unit To Advance Loan Of US$30 Mln To Gold Yield Enterprises
Monday, 6 Jul 2020 

July 6 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::STAR ADMIRAL TO ADVANCE LOAN OF US$30 MILLION TO GOLD YIELD ENTERPRISES.  Full Article

Suncity Group Announces Acquisition Of 51% Of Msrd Corporation
Friday, 30 Aug 2019 

Aug 30 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::ANNOUNCES ACQUISITION OF 51% OF MSRD CORPORATION LIMITED.CONSIDERATION FOR ACQUISITION IS US$9.6 MILLION.  Full Article

Suncity Group Expects To Report A Reduction Of Loss By 15% To 25% For Six Months
Wednesday, 21 Aug 2019 

Aug 21 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::GROUP WILL RECORD A LOSS ATTRIBUTABLE FOR SIX MONTHS AND REPORT A REDUCTION OF LOSS BY 15% TO 25%.EXPECTED REDUCTION OF LOSS DUE TO DECREASE IN LOSS OF FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENTS.SUNCITY GROUP SEES HY GROSS PROFIT DOWN BY RMB 125 MILLION DUE TO SUBSTANTIAL DECREASE IN REVENUE FROM SALE OF PROPERTIES.  Full Article

Suncity Group Clarifies Chairman Is Not Aware Of Investigation Of Australian Casinos
Monday, 5 Aug 2019 

Aug 5 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::CLARIFIES CHAIRMAN HAS NO INTENTION TO GO TO AUSTRALIA FOR FORTHCOMING 12 MONTHS & IS NOT AWARE OF INVESTIGATION OF AUSTRALIAN CASINOS.  Full Article

Suncity Group Unit, Hoi An South Development Enters Services Deal For Resort Project In Vietnam
Monday, 13 May 2019 

May 13 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::SGMC (HOI AN) AND HOI AN SOUTH DEVELOPMENT ENTERS PROVISION OF EXCLUSIVE MANAGEMENT SERVICES FOR INTEGRATED RESORT PROJECT IN VIETNAM.  Full Article

Suncity Group Holdings To buy About 24.68% Stake In Summit Ascent Holdings
Tuesday, 23 Apr 2019 

April 23 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::ANNOUNCES ACQUISITION OF ABOUT 24.68% EQUITY INTEREST IN SUMMIT ASCENT HOLDINGS LIMITED AT CONSIDERATION OF HK$717.8 MILLION.  Full Article

Suncity Group Holdings Sees Loss Attributable For Year Ended 31 Dec 2018
Friday, 8 Mar 2019 

March 8 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::GROUP IS EXPECTED TO RECORD A LOSS ATTRIBUTABLE FOR YEAR.EXPECTED FY RESULT DUE TO LOSS OF ABOUT RMB864 MILLION IN RESPECT OF CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENTS.  Full Article

Suncity Group Holdings' Unit Enters Technical Services Deal With Golden Sun Sky Entertainment
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::UNIT ENTERS TECHNICAL SERVICES DEAL WITH GOLDEN SUN SKY ENTERTAINMENT TO PROVIDE PRE-OPENING & TECHNICAL SERVICES FOR CASINO.  Full Article

Suncity Group Holdings Posts HY Loss Attributable Of RMB 1.65 BLN
Monday, 27 Aug 2018 

Aug 27 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::HY REVENUE RMB433 MILLION VERSUS RMB338.5 MILLION.HY LOSS ATTRIBUTABLE RMB 1.65 BILLION VERSUS LOSS OF RMB632.3 MILLION."GROUP WILL ACTIVELY EXAMINE DEVELOPING REAL ESTATE MARKETS OUTSIDE CHINA".ASIAN COUNTRIES, SUCH AS KOREA, MALAYSIA AND VIETNAM ARE AMONG INITIAL TARGET MARKETS OF GROUP.  Full Article

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