Edition:
India

VPower Group International Holdings Ltd (1608.HK)

1608.HK on Hong Kong Stock

2.84HKD
25 Apr 2019
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Latest Key Developments (Source: Significant Developments)

VPower Group International Secures Project To Build And Operate Distributed Power Stations In Sri Lanka
Thursday, 4 Apr 2019 

April 4 (Reuters) - VPower Group International Holdings Ltd <1608.HK>::SECURED PROJECT TO BUILD AND OPERATE DISTRIBUTED POWER STATIONS IN SRI LANKA.GROUP ENTERED INTO POWER PURCHASE AGREEMENT WITH CEYLON ELECTRICITY BOARD.  Full Article

Vpower Group International Holdings FY Profit Attributable HK$213.3 Mln
Friday, 29 Mar 2019 

March 29 (Reuters) - Vpower Group International Holdings Ltd <1608.HK>::FY REVENUE ROSE 38.6% TO HK$2,420.7 MILLION.FY PROFIT ATTRIBUTABLE DECREASED 35.7% TO HK$213.3 MILLION.BOARD PROPOSED A FINAL DIVIDEND OF HK0.48 CENT PER SHARE..  Full Article

Vpower Group International Says Co And An Entity Entered Binding MoU For Possible Formation Of JV Co
Thursday, 28 Mar 2019 

March 28 (Reuters) - Vpower Group International Holdings Ltd <1608.HK>::CO AND AN ENTITY ENTERED BINDING MEMORANDUM OF UNDERSTANDING IN RELATION TO POSSIBLE FORMATION OF A JV CO.AGREEMENT FOR CO-INVESTMENT AND DEVELOPMENT OF POWER PROJECTS, AMONG OTHERS, AT A PRICE WITHIN $150 MILLION TO $165 MILLION.  Full Article

Vpower Group International Holdings Ltd Enters Power Purchase Agreement In Myanmar
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Vpower Group International Holdings Ltd <1608.HK>::ANNOUNCES ENTRY INTO POWER PURCHASE AGREEMENT FOR A POWER PLANT IN MYINGYAN, MYANMAR.PLANS TO BUILD POWER PLANT OF PROJECT WITH INSTALLED CAPACITY OF 109.7MW; EXPECTS PROJECT COMMENCE OPERATION IN FEB 2019.POWER PURCHASE AGREEMENT WITH ELECTRIC POWER GENERATION ENTERPRISE, MINISTRY OF ELECTRICITY & ENERGY OF GOVERNMENT OF MYANMAR.  Full Article

VPower Group International Holdings Receives Letter Of Acceptance For 90MW Power Plant From Myanmar Government
Monday, 7 May 2018 

May 7 (Reuters) - VPower Group International Holdings Ltd <1608.HK>::LETTER OF ACCEPTANCE FOR A 90MW POWER PLANT ISSUED TO CO BY MYANMAR GOVERNMENT.EXPECTS TO BUILD AND OPERATE A GAS-FIRED POWER PLANT WITH AN EXPECTED COMMERCIAL OPERATION DATE IN FEBRUARY 2019.  Full Article

Vpower Group International Expects FY ‍Consol Net Profit To Increase By More Than 40 Pct​
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Vpower Group International Holdings Ltd <1608.HK>::‍CONSOL NET PROFIT ATTRIBUTABLE FOR YEAR ENDED 31 DECEMBER 2017 IS EXPECTED TO INCREASE BY MORE THAN 40%​.EXPECTED RESULT DUE TO GROWTH OF GROUP'S IBO AND SI SEGMENTS​.  Full Article

Vpower Group International says HY revenue hk$936.4 million
Monday, 28 Aug 2017 

Aug 28 (Reuters) - Vpower Group International Holdings Ltd <1608.HK>::HY revenue rose by 34.8 percent to hk$936.4 million.HY profit for period attributable to owners of co hk$150.2 million versus hk$54.3 million.Interim dividend of hk1.47 cents per share.  Full Article

Vpower Group International Holdings and F.K. entered into JV agreement​
Thursday, 3 Aug 2017 

Aug 3 (Reuters) - Vpower Group International Holdings Ltd <1608.HK>:‍VGH and F.K. entered into JV agreement​.Bidding consortium including Vpower Holdings and Telemenia received confirmation for winning of three DPG tenders.Agreement in relation to formation of JV company to develop and invest into SI and IBO business activities in Latin America, Israel​.‍Equity interest in JV company held by VGH and F.K. shall be 51 pct and 49 pct, respectively​.  Full Article

Vpower Group International sees HY profit attributable to increase more than 150 pct
Tuesday, 11 Jul 2017 

July 11 (Reuters) - Vpower Group International Holdings Ltd <1608.HK>::HY profit attributable expected increase more than 150 pct as compared with corresponding period in 2016.Expected result due to increase in group's revenue as a result of significant growth of IBO segment revenue.  Full Article

Vpower Group International says unit enters into $30 million 3-year convertible loan agreement
Wednesday, 17 May 2017 

May 17 (Reuters) - Vpower Group International Holdings Ltd <1608.HK>:Unit entered into US$30 million 3-year convertible loan agreement with project company.Under terms of option deed associated with loan, VGH has right to convert to at least 51% of equity interest in project co.  Full Article