Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Hong Kong
  4. Hong Kong Stock Exchange
  5. Goldstream Investment Limited
  6. News
  7. Summary
    1328   KYG4090W1134

GOLDSTREAM INVESTMENT LIMITED

(1328)
  Report
SummaryChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Hony Gold GP Limited completed the acquisition of an additional 0.26% stake in International Elite Ltd. for HKD 3.5 million.

12/27/2018 EDT

Hony Gold GP Limited made an offer to acquire an additional 16.4% stake in International Elite Ltd. (SEHK:1328) for approximately HKD 220 million on July 30, 2018. Hony Gold GP Limited made an offer to acquire additional 1.9 billion shares at HKD 0.11931 per share. In a related transaction, Hony Gold GP Limited entered into a share purchase agreement to acquire additional 50.75% stake in International Elite Ltd from Ever Prosper International Limited, Li Kin Shing and Kwok King Wa for HKD 550 million on July 30, 2018. Hony Gold GP Limited intends to finance the consideration payable under the offer through its internal resources. Following completion of the offer transaction, it is expected that all Executive Directors will resign from the Board of Directors of International Elite Ltd. Post completion, Li Kin Yin will continue to act as General Manager of customer relationship management business. Li Kin Yin, currently responsible for International Elite Ltd.’s overall management, corporate planning and business development, especially the customer relationship management business. It is intended that Hony Gold GP Limited will nominate four new Executive Directors the Board with effect from a date not earlier than the date of the composite document. Hony Gold GP Limited intends to maintain the listing status of International Elite Ltd. The offer is unconditional in all respects and will not be conditional upon a minimum number of shares or any other conditions. International Elite Ltd has established an independent Board committee comprising all independent Non-Executive Directors namely Chen Xue Dao, Cheung Sai Mign and Liu Chun Bao has been established to recommend the independent shareholders. The offer will start on December 6, 2018 and will end on December 27, 2018. Somerley Capital Limited acted as financial advisor to Hony Gold GP Limited. Lego Corporate Finance Limited and China Galaxy International Securities (Hong Kong) Company Limited acted as independent financial advisors to International Elite Ltd. Hony Gold GP Limited completed the acquisition of an additional 0.26% stake in International Elite Ltd. (SEHK:1328) for HKD 3.5 million on December 27, 2018.


© S&P Capital IQ 2018
All news about GOLDSTREAM INVESTMENT LIMITED
08/27Goldstream Investment Limited Reports Unaudited Consolidated Earnings Results for the S..
CI
07/26GOLDSTREAM INVESTMENT : Connected transaction involving proposed issue of new awarded shar..
PU
04/29GOLDSTREAM INVESTMENT : Form of proxy for the annual general meeting to be held on 24 june..
PU
04/29GOLDSTREAM INVESTMENT : General mandates to issue and repurchase shares, re-election of di..
PU
04/29Goldstream Investment Limited Reports Audited Consolidated Earnings Results for the Yea..
CI
04/27Goldstream Investment Limited Provides Consolidated Earnings Guidance for the Three Mon..
CI
03/31Goldstream Investment Limited Reports Unaudited Consolidated Earnings Results for the Y..
CI
03/24GOLDSTREAM INVESTMENT : to Swing to Profit in 2020
MT
03/23GOLDSTREAM INVESTMENT : Inside information - positive profit alert
PU
03/23Goldstream Investment Limited Provides Group Financial Guidance for the Year Ended 31 D..
CI
More news
Financials
Sales 2020 384 M 49,5 M 49,5 M
Net income 2020 17,3 M 2,22 M 2,22 M
Net cash 2020 307 M 39,5 M 39,5 M
P/E ratio 2020 86,0x
Yield 2020 -
Capitalization 1 021 M 131 M 131 M
EV / Sales 2019 3,06x
EV / Sales 2020 3,01x
Nbr of Employees 2 293
Free-Float 17,8%
Chart GOLDSTREAM INVESTMENT LIMITED
Duration : Period :
Goldstream Investment Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Tun Lin Chief Executive Officer & Executive Director
Tsan Fai Lam Chief Operating & Financial Officer
Ling Huan Zhao Chairman
Heng Heng Qian Head-Information Technology
Kin Ping Lee Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
GOLDSTREAM INVESTMENT LIMITED-30.23%131
CINTAS CORPORATION20.76%44 137
TELEPERFORMANCE SE32.88%24 629
BUREAU VERITAS SA24.59%14 248
EDENRED SE5.24%14 153
LG CORP.-1.44%12 802