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Post by zuolun on Mar 6, 2015 11:48:09 GMT 7
Mandarin Oriental traded @ US$1.765 (-0.005, -0.3%) with 2.04m shares done on 6 Mar 2015 at 12.45 pm. Mandarin Oriental: 1 for 4 Rights Issue @ US$1.26 each to raise US$316m ~ 5 Mar 2015 Mandarin Oriental: FY2014 net profit up 0.7% to US$97m ~ Mandarin Oriental International’s net profit was up marginally by 0.7 percent to US$97 million for the financial year ended 31 December 2014, while revenue rose 1.7 percent to US$US$679.9 million. The group’s Hong Kong properties performed better overall, albeit 4Q14 results being affected by demonstrations, while ongoing political uncertainty in Thailand continue to affect its performance there. The firm has declared a final dividend per share of US$0.05. Separately, the group has announced a rights issue of up to 250.93 million new shares to raise gross proceeds of US$316 million, to lower its gearing before the acquisition of the Paris hotel. ~ 5 Mar 2015
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Post by zuolun on Feb 25, 2016 10:04:48 GMT 7
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