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India

Far East Horizon Ltd (3360.HK)

3360.HK on Hong Kong Stock

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Mon, Dec 4 2017

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:

Fitch Rates Far East Horizon's Subordinated Perpetuals 'BB(EXP)'

(The following statement was released by the rating agency) HONG KONG/TAIPEI, November 20 (Fitch) Fitch Ratings has assigned Far East Horizon Limited's (BBB-/Stable) proposed US dollar subordinated perpetual capital securities an expected 'BB(EXP)' rating. The securities will be issued by King Talent Management Limited, an SPV wholly owned by Far East Horizon, and will be irrevocably and unconditionally guaranteed by Far East Horizon. Far East Horizon plans to use the proceeds of the proposed se

BRIEF-Far East Horizon's unit subscribes for 43.6 mln placing shares of Consun Pharmaceutical Group

* Unit subscribes for 43.6 million placing shares of Consun Pharmaceutical Group at HK$6.60 per placing share​ Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

BRIEF-Far East Horizon announces disposal of assets

* Fetj and tianfeng securities entered into fetj assets disposal agreement

BRIEF-Far East Horizon says units entered entered into assets disposal agreement with China International Capital

* IFEL and China International Capital Corp Ltd entered into assets disposal agreement

BRIEF-Far East Horizon posts HY profit attributable of RMB1.62 bln

* HY profit for year attributable RMB1.62 billion versus RMB1.44 billion

BRIEF-Far East Horizon announces disposal of underlying assets

* Purchaser has conditionally agreed to acquire IFEL underlying assets at ifel consideration of rmb1.49 billion

BRIEF-Far East Horizon disposal of underlying assets under the ABN Transaction

* IFEL, FETJ and Huaneng Guicheng Trust entered into trust contract

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