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6 stories mentioning HKG:0019Updated just now

Every FINWIRES story that references HKG:0019, newest first.

Asia

Swire Pacific's Attributable Profit Jumps Sevenfold in H1

Swire Pacific (HKG:0019, HKG:0087) posted a first-half attributable profit of HK$6.77 billion, up 731% from HK$815 million a year earlier.Basic earnings per share rose to HK$5.02 per 'A' share from HK$0.60 and to HK$1.00 per 'B' share from HK$0.12, according to a Thursday Hong Kong stock exchange filing.Revenue increased 8% to HK$49.5 billion from HK$45.8 billion in the prior year.The board declared a first interim dividend of HK$1.50 per 'A' share and HK$0.30 per 'B' share, payable on Oct. 9 to shareholders on record as of Sept. 11

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Asia

Swire Pacific to Lower Exchange Price on HK$4.7 Billion Bonds After Cathay Pacific Dividend

Swire Pacific (HKG:0019, HKG:0087) expects to adjust the exchange price of its HK$4.7 billion zero-coupon exchangeable bonds due 2027 after Cathay Pacific Airways (HKG:0293) declared an interim dividend.Pursuant to the conditions of the issue in June, the price will be lowered to HK$12.93 per Cathay Pacific share from HK$13.18, according to a Wednesday filing on the Hong Kong bourse. With a record date of Sept. 4, the adjustment will take effect the next day.The conglomerate expects the full exchange of the bonds to increase to 363.5 million Cathay Pacific shares from 356.6 million shares, if the outstanding principal amount stays at HK$4.7 billion.

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Asia

Update: Hong Kong Probes Fatal Fall at Swire Pacific Unit's HAECO Hangar

(Updates to add HAECO's response to' email seeking comment)Hong Kong's Labour Department has launched an investigation after a worker died in a fall at an aircraft hangar operated by Hong Kong Aircraft Engineering Company (HAECO), a subsidiary of Swire Pacific (HKG:0019, HKG:0087), on Monday.Police received a report at 8:35 a.m. that a worker had been injured at HAECO's Chek Lap Kok facility.The Labour Department said the worker fell from the working platform of a fuselage dock while carrying out maintenance on an aircraft hull. He was later pronounced dead at the hospital.The department issued a suspension notice prohibiting the use of the fuselage dock involved until the employer has taken adequate measures to eliminate the relevant safety risks.HAECO, in an emailed response to' request for comment, confirmed the fatal incident and said the company is fully cooperating with relevant authorities.Meanwhile, Swire Pacific did not immediately respond to' request for comment.

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Asia

Hong Kong Probes Fatal Fall at Swire Pacific Unit's HAECO Hangar

Hong Kong's Labour Department has launched an investigation after a worker died in a fall at an aircraft hangar operated by Hong Kong Aircraft Engineering Company (HAECO), a subsidiary of Swire Pacific (HKG:0019, HKG:0087), on Monday.Police received a report at 8:35 a.m. that a worker had been injured at HAECO's Chek Lap Kok facility.The Labour Department said the worker fell from the working platform of a fuselage dock while carrying out maintenance on an aircraft hull. He was later pronounced dead at the hospital.The department issued a suspension notice prohibiting the use of the fuselage dock involved until the employer has taken adequate measures to eliminate the relevant safety risks.HAECO and Swire Pacific did not immediately respond to' request for comment.

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Asia

Swire Pacific Unit to Raise HK$4.70 Billion via Debt Offering

Swire Pacific (HKG:0019, HKG:0087) said its Swire Pacific Finance unit was looking to raise HK$4.70 billion via a bond offering, according to a Tuesday filing with the Hong Kong bourse.The bonds will convert into Cathay Pacific Airways (HKG:0293) shares based on an initial exchange price of HK$13.18 each. Assuming full conversion, the bonds would convert into 356.6 million Cathay Pacific shares representing 5.9% of the business.The bonds mature on June 16, 2027, and do not bear interest.Swire Pacific said it will use the proceeds for general working capital purposes.Cathay Pacific's shares slumped nearly 7% in recent trade, while Swire Pacific's class A and B shares fell more than 1%.

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Asia

Cathay Pacific Airways Chair To Retire; Successor Named

Cathay Pacific Airways (HKG:0293) Chair Patrick Healy will retire and step down from the board following the company's annual general meeting on Wednesday, according to a same-day Hong Kong bourse filing.Guy Bradley, currently a non-executive director of the airline, will be elected chair of the board.Bradley has been a director of Cathay Pacific since August 2021 and is chairman of Swire Pacific (HKG:0019, HKG:0087) and Swire Properties (HKG:1972).He joined the Swire group in 1987 and has held roles across Hong Kong, the Chinese mainland, the U.S., Japan, Vietnam, and the Middle East.

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