Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00165 CHINA EB LTD
RTNominal down4.420 -0.010 (-0.226%)
Others

25/05/2018 10:38

China EB Ltd (00165) sells 157m A shares of EB Securities

[ET Net News Agency, 25 May 2018] China Everbright Limited (00165) said it disposed of
an aggregate of 157 million A shares in Everbright Securities (EBS) (06178) (representing
about 4.02% of the existing issued EBS A shares and about 3.41% of the existing entire
issued EBS shares) for a total of Rmb1,957 million (about HK$2,407 million) through the
Shanghai Stock Exchange block trading system after normal trading hours at an average
selling price of about Rmb12.47 (about HK$15.33) per EBS sale share, during the period
between 11 September 2017 and 24 May 2018.
After such disposals, China Everbright Limited will be interested in 982 million EBS A
shares (representing about 25.14% of the existing issued EBS A shares and about 21.3% of
the existing entire issued EBS shares).
The Group has recognized a gain before tax of about HK$294 million (audited) for the
year ended 31 December 2017 and the Group is expected to recognize a gain before tax of
about HK$89 million (unaudited) for the year ending 31 December 2018 from the disposals.
It is the current intention of China Everbright that the proceeds arising from the
disposals will be used by the Group as general working capital. (HL)

Remark: Real time quote last updated: 19/03/2024 14:15
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.