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. Sheen Tai Holdings Group Company Limited
  6. News
  7. Summary
    1335   KYG8079L1133

SHEEN TAI HOLDINGS GROUP COMPANY LIMITED

(1335)
  Report
SummaryChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Sheen Tai Holdings Group Company Limited completed the acquisition of She Yang Cheng He Information Technology Company Limited.

06/30/2016 EST

Sheen Tai Holdings Group Company Limited (SEHK:1335) agreed to acquire She Yang Cheng He Information Technology Company Limited for approximately HKD 240 million on March 17, 2016. Under the terms of transaction, Sheen Tai will pay HKD 141.7 million by issuing convertible bond upon closing representing 60% of the consideration and remaining HKD 94.5 will be paid by issuing convertible bond upon achieving of certain revenue guarantee subsequently in 2016, 2017 and 2018. As per clarification on March 18, 2016, 2018 payment will be made on or before March 19, 2019. The transaction may be terminated upon non fulfillment of certain condition. As of December 31, 2015, She Yang records CNY 6.47 million (HKD 7.73 million) as total assets and net assets. The transaction is subject to obtain approval from board and shareholder of Sheen Tai, listing of conversion shares on stock exchange, reorganization of She Yang Cheng He Information Technology Company Limited, approval from board of She Yang completion of due diligence, approval of all regulatory and third party, and completion of Corporate Reorganization of She Yang Cheng. As of March 17, 2016, Board of Directors of She Yang is of the view that the terms and conditions of the agreement are fair and reasonable. As on June 23, 2016, supplemental agreement entered into between Sheen Tai Holdings Group and She Yang Cheng He Information in relation to the revision of certain terms of the Convertible Bond. The currency has been converted from www.oanda.com as of December 31, 2015. Sheen Tai Holdings Group Company Limited (SEHK:1335) completed the acquisition of She Yang Cheng He Information Technology Company Limited on June 30, 2016.


ę S&P Capital IQ 2016
All news about SHEEN TAI HOLDINGS GROUP COMPANY LIMITED
10/21Sheen Tai Holdings Group Company Limited Announces Resignation of Zeng Xiangyang as an ..
CI
09/21SHEEN TAI : H1 Profit Leaps 37.8% on Lower Expenses
MT
08/31Sheen Tai Holdings Group Company Limited Omits to Pay Interim Dividend for the Six Mont..
CI
08/31Sheen Tai Holdings Group Company Limited Reports Earnings Results for the Half Year End..
CI
06/22SHEEN TAI : Unit Grants Loan Worth Over $9 Million to Suining Chuyue Zhiye
MT
04/26SHEEN TAI : Renewal of general mandates to issue new shares and repurchase shares re-elect..
PU
03/31Sheen Tai Holdings Group Company Limited Reports Earnings Results for the Full Year End..
CI
03/09SHEEN TAI : Expects to Swing to Profit in 2020
MT
03/08Sheen Tai Holdings Group Company Limited Provides Earnings Guidance for the Year Ended ..
CI
2020SHEEN TAI : Unit Agrees to Lend $9 Million to Suining Chuyue Zhiye
MT
More news
Financials
Sales 2020 79,5 M 10,2 M 10,2 M
Net income 2020 15,1 M 1,93 M 1,93 M
Net cash 2020 312 M 40,0 M 40,0 M
P/E ratio 2020 19,4x
Yield 2020 8,33%
Capitalization 368 M 47,2 M 47,2 M
EV / Sales 2019 3,42x
EV / Sales 2020 -0,25x
Nbr of Employees 62
Free-Float 37,8%
Chart SHEEN TAI HOLDINGS GROUP COMPANY LIMITED
Duration : Period :
Sheen Tai Holdings Group Company Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Yu Min Guo Chairman
Qing Fan Independent Non-Executive Director
Tin Yau Dai Independent Non-Executive Director
Yin Lam Chan Independent Non-Executive Director
Yu Xia Executive Director
Sector and Competitors
1st jan.Capi. (M$)
SHEEN TAI HOLDINGS GROUP COMPANY LIMITED25.83%47
NEXTERA ENERGY14.10%172 727
DUKE ENERGY CORPORATION5.53%76 842
ENEL S.P.A.-21.15%74 857
IBERDROLA, S.A.-17.15%67 574
SOUTHERN COMPANY-0.47%66 587