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    191   HK0000356805

LAI SUN GARMENT (INTERNATIONAL) LIMITED

(191)
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Delayed Hong Kong Stock Exchange  -  05/25 04:08:04 am EDT
3.460 HKD   +4.85%
04/21LAI SUN GARMENT INTERNATIONAL : Letter to the Non-registered Shareholders - Notice of publication of interim report for the six months ended 31 January 2022 and Request Form
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04/21LAI SUN GARMENT INTERNATIONAL : Letter to the Registered Shareholders - Notice of publication of interim report for the six months ended 31 January 2022 and Request Form
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04/18LAI SUN GARMENT INTERNATIONAL : 2021-2022
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JOINT ANNOUNCEMENT : Profit Warning of a Subsidiary eSun Holdings Limited

10/17/2019 | 05:49am EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this joint announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this joint announcement.

JOINT ANNOUNCEMENT

Profit Warning of a Subsidiary

eSun Holdings Limited

The board of directors ("Board") of each of Lai Sun Garment (International) Limited ("LSG"), and Lai Sun Development Company Limited ("LSD", a 56.07%-owned subsidiary of LSG) refers to a profit warning announcement issued by eSun Holdings Limited ("eSun", a 74.62%-owned subsidiary of LSD) on 17 October 2019 ("eSun Announcement"). The issued shares of eSun are listed and traded on the Main Board of The Stock Exchange of Hong Kong Limited (Stock Code: 571).

For details of the eSun Announcement, please refer to the websites of eSun at www.esun.com and The Stock Exchange of Hong Kong Limited at www.hkexnews.hk.

Respective shareholders and potential investors of LSG and LSD are advised to exercise caution when dealing in the shares and/or other securities of LSG and LSD.

By Order of the Board

By Order of the Board

Lai Sun Garment (International) Limited

Lai Sun Development Company Limited

Chew Fook Aun

Chew Fook Aun

Executive Director and Deputy Chairman

Executive Director and Deputy Chairman

Hong Kong, 17 October 2019

-1-

As at the date of this joint announcement,

(a) the Board of LSG comprises six executive directors, namely Dr. Lam Kin Ming (Chairman), Dr. Lam Kin Ngok, Peter (Deputy Chairman), Mr. Chew Fook Aun (Deputy Chairman), Madam U Po Chu, Mr. Lam Kin Hong, Matthew and Mr. Lam Hau Yin, Lester (also alternate to Madam U Po Chu); and three independent non-executive directors, namely Messrs. Leung Shu Yin, William, Lam Bing Kwan and Chow Bing Chiu; and

  1. the Board of LSD comprises five executive directors, namely Dr. Lam Kin Ngok, Peter (Chairman) and Messrs. Chew Fook Aun (Deputy Chairman), Lau Shu Yan, Julius (Chief Executive Officer), Lam Hau Yin, Lester and Tham Seng Yum, Ronald; two non-executive directors, namely Dr. Lam Kin Ming and Madam U Po Chu; and four independent non-executive directors, namely Messrs. Lam Bing Kwan, Leung Shu Yin, William, Ip Shu Kwan, Stephen and Leung Wang Ching, Clarence.

-2-

Disclaimer

Lai Sun Garment (International) Limited published this content on 17 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 October 2019 09:48:07 UTC


© Publicnow 2019
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Financials
Sales 2021 6 272 M 799 M 799 M
Net income 2021 -1 268 M -162 M -162 M
Net Debt 2021 20 079 M 2 558 M 2 558 M
P/E ratio 2021 -1,30x
Yield 2021 -
Capitalization 2 038 M 260 M 260 M
EV / Sales 2020 4,26x
EV / Sales 2021 3,42x
Nbr of Employees -
Free-Float 35,9%
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Managers and Directors
Chai Tuck Yip Chief Executive Officer
Kin Ngok Lam Chairman
Shu Yin Leung Independent Non-Executive Director
Bing Chiu Chow Independent Non-Executive Director
Bing Kwan Lam Independent Non-Executive Director