Last $0.13 HKD
Change Today +0.024 / 23.53%
Volume 19.9M
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Hong Kong
As of 11:05 PM 12/23/14 All times are local (Market data is delayed by at least 15 minutes).

inno-tech holdings ltd (8202) Snapshot

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11/4/14 - $3.00
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inno-tech holdings ltd (8202) Details

Inno-Tech Holdings Limited, an investment holding company, develops outdoor advertising business in the People’s Republic of China and Hong Kong. The company operates through Outdoor Advertising on Buses and Bus Stations, and Television Advertisements segments. It is also involved in the design, production, and publication of outdoor advertisements on buses and bus stations; and provision of advertising placement agency services in television channels. The company was incorporated in 2001 and is headquartered in Wan Chai, Hong Kong.

50 Employees
Last Reported Date: 11/14/14
Founded in 2001

inno-tech holdings ltd (8202) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: $3.2M
Executive Director
Total Annual Compensation: $161.0K
Executive Chairman, Compliance Officer and Ch...
Total Annual Compensation: $360.0K
Compensation as of Fiscal Year 2014.

inno-tech holdings ltd (8202) Key Developments

Inno-Tech Holdings Limited Announces Writ of Summons Issued by McKorwen Holdings Limited

The Board informed the shareholders of Inno-Tech Holdings Limited and potential investors of the company that on 11 December 2014, the company received a letter with a sealed copy of a writ of summons dated the same date and endorsed with a full statement of claim issued by Mckorwen Holdings Limited as plaintiff in the Court of First Instance of the High Court of Hong Kong against the company as the defendant for the amount of HKD 3,303,945.20 as well as the default interest thereon and further or other relief, pursuant to a loan in the principal amount of HKD 3,000,000 made to the company by Mckorwen, which was stated in the Statement of Claim to be repayable on 8 December 2014 in accordance with a loan agreement and supplemental loan agreement both dated 7 July 2014 entered into between the company and Mckorwen. According to the Statement of Claim enclosed in the writ, Mckorwen has alleged that the company has failed to repay the Loan together with interest in the total amount of HKD 3,303,945.20 to Mckorwen as at the Repayment Date.

Inno-Tech Holdings Limited Appoints Ha Chuen Yeung as Executive Director

The board of directors of Inno-Tech Holdings Limited announced that Mr. Ha Chuen Yeung has been appointed as executive Director with effect from 1 December 2014. Mr. Ha was engaged in advertising, multi-media and interactive media creation work after graduation, and has been Managing Director and Creative Director at Da-M-Pire Studio.

Inno-Tech Holdings Limited Reports Unaudited Consolidated Earnings Results for the First Quarter Ended September 30, 2014

Inno-Tech Holdings Limited reported unaudited consolidated earnings results for the first quarter ended September 30, 2014. For the quarter, the company reported loss before income tax of HKD 24,256,000, loss from continuing operations of HKD 20,816,000 or HKD 0.077 per diluted share and loss attributable to owners of the company of HKD 22,981,000 or HKD 0.085 diluted per share on turnover of HKD 9,138,000 against loss before income tax of HKD 19,778,000, loss from continuing operations of HKD 16,120,000 or HKD 0.10 per diluted share and loss attributable to owners of the company of HKD 17,637,000 or HKD 0.11 diluted per share on turnover of HKD 15,771,000 for the same period a year ago. The loss was mainly result from amortisation of intangible assets and finance costs on the promissory notes and convertible notes/bonds.


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