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CIMC Enric Holdings Ltd (3899.HK)

3899.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

CIMC Enric Holdings says HY net loss RMB 1.00 billion<3899.HK>
Monday, 22 Aug 2016 

CIMC Enric Holdings Ltd <3899.HK>: The board of directors do not recommend the payment of any interim dividend for the six months ended 30 June 2016 . Says HY revenue RMB 3.74 billion versus RMB 4.16 billion . HY net loss RMB 1.00 billion versus profit of RMB 288.5 million .  Full Article

CIMC Enric Holdings issues profit warning<3899.HK>
Thursday, 14 Jul 2016 

CIMC Enric Holdings Ltd <3899.HK>: Profit warning <3899.HK> . Expected that group will record a substantial unaudited loss attributable to equity shareholders of company for six months ended 30 June 2016 . Expected loss due to weak demand from external economies .  Full Article

Cimc Enric announces acquisition of entire issued share capital of Briggs Group Ltd<3899.HK>
Friday, 3 Jun 2016 

CIMC Enric Holdings Ltd <3899.HK>: Discloseable transaction - acquisition of the entire issued share capital of Briggs Group Limited <3899.HK> . Says unit entered into the agreement with the vendors . Deal for GBP23 million .  Full Article

CIMC Enric updates on termination of transactions<3899.HK>
Wednesday, 1 Jun 2016 

CIMC Enric Holdings Ltd <3899.HK>: 1) termination of major transaction in relation to acquisition of the entire equity interests of sinopacific offshore & engineering co., ltd. and (2) termination of discloseable transaction in relation to financial assistance framework agreeme . After due and careful consideration and after consulting with legal advisers, board decided not to proceed with acquisition i and acquisition II . A subsidiary of the group has entered into separate ancillary agreements with the target company . Purchaser has delivered termination notices to vendor i, vendor II and vendor III for, termination of agreement i, agreement II and the supplemental agreement . Ancillary agreements to provide certain financial assistance to target co in amount of approximately RMB1.5 billion .  Full Article