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Far East Horizon Ltd (3360.HK)

3360.HK on Hong Kong Stock

8.29HKD
19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Far East Horizon Ltd Says Units To Sell Underlying Assets
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Far East Horizon Ltd <3360.HK>::UNIT TO SELL AND SHENWAN HONGYUAN SECURITIES TO BUY IFEL UNDERLYING ASSETS FOR RMB2.81 BILLION.DUE TO DISPOSAL, GROUP TO REALISE NET GAIN OF ABOUT RMB1 MILLION.‍UNIT FETJ TO SELL UNDERLYING ASSETS TO SHENWAN HONGYUAN SECURITIES CO FOR RMB1.24 BILLION.  Full Article

Far East Horizon says Orient Securities and CMB arrange for asset backed notes worth RMB3,004 mln​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Far East Horizon Ltd <3360.HK>:Orient securities and CMB shall arrange for issuance of various classes of assets backed notes worth RMB3,004 million​.As a result of issuance of assets backed notes, group would realise a net gain of about RMB1.3 million​.  Full Article

Far East Horizon's unit subscribes for 43.6 mln placing shares of Consun Pharmaceutical Group
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Far East Horizon Ltd <3360.HK>::Unit subscribes for 43.6 million placing shares of Consun Pharmaceutical Group at HK$6.60 per placing share​.  Full Article

Far East Horizon says group's 9-mnth unaudited profit before taxation & profit attributable up more than 10 pct
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Far East Horizon Ltd <3360.HK>:9-Month ‍ total unaudited interest-earning assets, up 25 percent ​.9-mnth ‍group's unaudited profit before taxation & profit attributable rose by more than 10 percent versus 2016 corresponding period.  Full Article

Far East Horizon updates on disposal of underlying assets to CITIC Securities<3360.HK><600030.SS>
Monday, 5 Sep 2016 

Far East Horizon Ltd <3360.HK>: Discloseable transactions disposal of underlying assets <3360.HK> . IFEL, a direct wholly-owned subsidiary of the company, and the purchaser entered into the IFEL assets disposal agreement . FETJ, an indirect wholly-owned subsidiary of the company, and the purchaser entered into the FETJ assets disposal agreement . IFEL assets disposal agreement for consideration of RMB2.21 billion . Consideration of RMB874 million for FETJ disposal . FETJ has conditionally agreed to sell and the purchaser has conditionally agreed to acquire the FETJ underlying assets .Purchaser is CITIC Securities Company Limited.  Full Article

Far East Horizon reports HY net profit RMB1.44 bln versus RMB 1.30 bln<3360.HK>
Wednesday, 24 Aug 2016 

Far East Horizon Ltd <3360.HK>: Interim results announcement for the six months ended June 30, 2016 <3360.HK> . HY net profit RMB1.44 billion versus RMB 1.30 billion a year ago . HY total revenue RMB7.28 billion versus RMB 5.76 billion a year ago .Board does not recommend payment of an interim dividend in respect of the period ended 30 June.  Full Article

Far East Horizon says unit and Ping An Trust entered into trust contract<3360.HK>
Tuesday, 7 Jun 2016 

Far East Horizon Ltd <3360.HK>: Discloseable transaction disposal of underlying assets under the abn transaction <3360.HK> . Says unit ifel, and the ping an trust entered into the trust contract . Says the group would realise a net gain of approximately RMB4.7 million . Says assets backed notes in value of RMB2.07 billion to be registered . As part of abn transaction, unit, ping an trust, China development bank, China bohai bank entered into underwriting agreement . Ifel has agreed to entrust ping an trust and ping an trust has agreed to be trustee for issuance of assets backed notes .  Full Article

Far East Horizon says units entered into disposal agreements<3360.HK>
Friday, 3 Jun 2016 

Far East Horizon Ltd <3360.HK>: Says unit of co and the purchaser entered into the IFEL assets disposal agreement . Purchaser agreed to acquire IFEL underlying assets at the IFEL consideration of RMB 2.04 billion . Unit entered into FETJ assets disposal agreement for RMB1.44 billion . Anticipated that upon completion of the disposal, the group would realise a net gain of approximately RMB8.5 million .  Full Article

BRIEF-Far East Horizon Updates On ‍Issue Of Guaranteed Subordinated Perpetual Capital Securities

* FAR EAST HORIZON - ‍ISSUE OF U.S.$400 MILLION 5.60% GUARANTEED SUBORDINATED PERPETUAL CAPITAL SECURITIES BY KING TALENT MANAGEMENT LTD & GUARANTEED BY CO​ Source text for Eikon: Further company coverage: