Nov 28, 2014 Newsdesk Industry Talk, Latest News, Rest of Asia  
China Vanguard Group Ltd, a company providing lottery-related services to the mainland China market, announced this week it expects to complete a share sub-division exercise by January 27.
In an earlier filing to Hong Kong’s Growth Enterprise Market on November 6, the firm proposed that its existing and unissued shares of share capital denominated at HKD0.050 (US$ 0.0064) per unit should be subdivided by four, with each unit worth HKD0.0125.
The company said the exercise would “result in downward adjustment to the trading price ”.
China Vanguard’s shares closed on Friday down 1.96 percent at HKD3.50 each.
On November 13 the company reported revenue of HKD19.9 million (US$2.6 million) for the third quarter of 2014, up 63.2 percent from the prior year period.
May 11, 2022
Apr 06, 2022
May 25, 2022
May 25, 2022
May 25, 2022
Travellers International Hotel Group Inc, the owner and operator of the Resorts World Manila casino resort (pictured), reported first-quarter gross gaming revenue (GGR) of PHP6.5 billion (US$124.4...
(Click here for more)
”If China’s travel easing gets delayed to the second half of 2023 [Macau operator’s aggregate net debt] could rise another US$2 billion, to US$27 billion by end-2023"
Praveen Choudhary, Gareth Leung and Thomas Allen
Analysts at Morgan Stanley banking group