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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  Hang Lung Properties Limited    101   HK0101000591

HANG LUNG PROPERTIES LIMITED

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Hang Lung Properties : Precautionary Measures for Hang Lung Annual General Meetings on April 29 Read More

04/14/2020 | 05:18am EST
(Hong Kong, April 14, 2020) Hang Lung Properties Limited (stock code: 00101) and Hang Lung Group Limited (stock code: 00010) (collectively the 'Companies'), will hold their Annual General Meetings ('AGMs') on April 29, 2020 at 10:00am and 11:00am respectively at Conrad Hong Kong. In view of the COVID-19 pandemic and the measures undertaken by the Hong Kong government, and to safeguard the health and safety of our shareholders, the Companiesstrongly recommend shareholders to exercise their voting rights by appointing the Chairman of the AGM as their proxy to voteon the relevant resolutions at the AGM, as an alternative to attending in person. Physical attendance is not necessary for the purpose of exercising the voting rights.

The deadline to submit completed proxy forms is Monday, April 27, 2020 at 10:00am and 11:00am for the shareholders of Hang Lung Properties and Hang Lung Group respectively. Completed proxy forms must be returned to the registered office of the Companies at 28th Floor, 4 Des Voeux Road Central, Hong Kong or the share registrar of the Companies, Computershare Hong Kong Investor Services Limited at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong.

The Companies will implement the following precautionary measures at both AGMs to protect the health and safety of attending shareholders:

  • Compulsory body temperature checks and health declarations;
  • Shareholders should bring and wear their own face masks throughout the meeting;
  • Seating at the AGM will be arranged so as to reduce interaction between participants. As a result, there will be limited capacity for shareholders to attend the AGM; and
  • No distribution of corporate gift, and no refreshment is to be served.
Shareholders are asked to consider carefully the risk of attending the AGM which will be held in an enclosed environment, and to follow any requirements or guidelines of the Hong Kong government relating to COVID-19. Due to the constantly evolving COVID-19 situation in Hong Kong, the Companies may be required to change the AGM arrangements at short notice. Shareholders should constantly visit Hang Lung Properties' website at www.hanglung.com or Hang Lung Group's website at www.hanglunggroup.com for future announcements and updates on the AGM arrangements. For further details, please refer to the joint announcement of Hang Lung Properties and Hang Lung Group: http://www.hanglung.com/en-US/investor-relations/financial-announcements/corporate-announcements.

Disclaimer

Hang Lung Properties Ltd. published this content on 14 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 April 2020 09:17:09 UTC


© Publicnow 2020
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Financials
Sales 2020 9 098 M 1 173 M 1 173 M
Net income 2020 4 273 M 551 M 551 M
Net Debt 2020 29 934 M 3 860 M 3 860 M
P/E ratio 2020 25,1x
Yield 2020 3,69%
Capitalization 93 330 M 12 037 M 12 035 M
EV / Sales 2020 13,5x
EV / Sales 2021 12,0x
Nbr of Employees 4 407
Free-Float 40,6%
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Technical analysis trends HANG LUNG PROPERTIES LIMITED
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 23,72 HKD
Last Close Price 20,75 HKD
Spread / Highest target 30,1%
Spread / Average Target 14,3%
Spread / Lowest Target -6,02%
EPS Revisions
Managers and Directors
NameTitle
Pak Lo Wai Chief Executive Officer & Executive Director
Hau Cheong Ho Chief Financial Officer & Executive Director
Chi Chung Chan Chairman
Wai Leung Yuen Independent Non-Executive Director
Ronald Joseph Arculli Independent Non-Executive Director