Town Health International Medical Group Ltd (3886.HK)
Latest Key Developments (Source: Significant Developments)
Town Health International Medical says Co to Seek Legal Advice About SFC directed suspension of trading
Nov 28 (Reuters) - Town Health International Medical Group Ltd <3886.HK>::TOWN HEALTH INTERNATIONAL MEDICAL-IT APPEARS TO SFC CO'S INTERIM AND ANNUAL REPORT INCLUDED "MATERIALLY FALSE, INCOMPLETE OR MISLEADING INFORMATION".TOWN HEALTH INTERNATIONAL MEDICAL GROUP- CO IS SEEKING LEGAL ADVICE, IS CONSIDERING HOW TO RESOLVE SFC'S CONCERNS & RESUME TRADING OF ITS SHARES. Full Article
Town Health International Medical Group Ltd <3886.HK> : Unit and purchaser, entered into SP agreement . Consideration for disposal is hk$230 million . Consideration settled by way of issue of promissory note by purchaser at completion . Pursuant to deal vendor has agreed to sell share, representing entire issued share capital and sale loan. .Vendor is Town Health Limited. Full Article
Town Health International Medical Group Ltd <3886.HK>: Announcement of interim results for the six months ended 30 June 2016 <3886.HK> . Board does not recommend the payment of an interim dividend for the six months ended 30 June 2016 . HY profit for the period attributable to owners of the company HK$54.2 million versus HK$258.3 million . Says HY revenue of approximately HK$587.5 million versus approximately HK$538.8 mln . In Hong Kong the second half of 2016 will be challenging for the group, with global growth showing a clear sign of slowdown . "In Hong Kong in respect of the managed care business, Dr. Vio will restructure its business development team" . Full Article
Town Health International Medical Group Ltd <3886.HK>: Unaudited consolidated profit of group for six months is expected to decrease substantially . Decrease in profit was mainly due to the decrease in gain on fair value changes on held for trading investments . Full Article
HONG KONG, Nov 27 Hong Kong's securities regulator on Monday ordered a trading halt in all shares of Town Health International Medical Group Ltd and China Wah Yan Healthcare Ltd, without giving further details.