SOCAM Development Limited

983 BMG8249T1036

Construction & Engineering

Market Closed - Hong Kong S.E. Other stock markets 04:08:22 2024-04-29 am EDT			5-day change	1st Jan Change
0.51 ^HKD	-1.92%		-10.53%	-30.14%

Mar. 27	SOCAM Development Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	SOCAM Development Limited Announces Board Changes	CI

SOCAM Development Limited agreed to acquire 3% stake in Shui On Contractors Limited from Lawrence Choi for HKD 48.1 million.

July 30, 2023

SOCAM Development Limited (SEHK:983) agreed to acquire 3% stake in Shui On Contractors Limited from Lawrence Choi for HKD 48.1 million on July 31, 2023. Shui On Contractors reported net profit of HKD 479 million and net asset of HKD 1.548 billion as at December 31, 2022. The transaction is expected to close within 30 days.

Latest news about SOCAM Development Limited

SOCAM Development Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 27	CI
SOCAM Development Limited Announces Board Changes	23-09-22	CI
SOCAM Development Limited Appoints Chan Wai Kan George as Non-Executive Director	23-08-29	CI
SOCAM Development Limited Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-29	CI
Socam Development Limited Announces Change of Composition of Board and Its Committees	23-08-08	CI
SOCAM Development Limited agreed to acquire 3% stake in Shui On Contractors Limited from Lawrence Choi for HKD 48.1 million.	23-07-30	CI
SOCAM Development Limited commences an Equity Buyback Plan for 37,345,216 shares, representing 10% of its issued share capital, under the authorization approved on May 31, 2023.	23-07-11	CI
SOCAM Development Limited Appoints Lau Ping Cheung as Independent Non-Executive Director and A Member of the Audit Committee, Remuneration Committee, Nomination Committee, Finance Committee and Investment Committee of the Board, Effect from 1 June 2023	23-05-31	CI
SOCAM Development Limited's Equity Buyback announced on July 19, 2022, has expired.	23-05-30	CI
SOCAM Development Limited and Shui on Land Limited Enters into the Framework Agreement	23-03-31	CI
SOCAM Development Limited Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-24	CI
SOCAM Development Limited Does Not Recommend Final Dividend for the Year Ended 31 December 2022	23-03-24	CI
SOCAM Development to Swing to Loss in 2022	23-02-03	MT
Socam Development Limited Provides Group Earning Guidance for the Year Ended 31 December 2022	23-02-03	CI
SOCAM Development Limited Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-29	CI
SOCAM Development Limited announces an Equity Buyback for 37,439,616 shares, representing 10% of its issued share capital, under the authorization approved on June 1, 2022.	22-07-19	CI
SOCAM Development Expects $9 Million Loss in H1	22-07-17	MT
SOCAM Development Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022	22-07-15	CI
SOCAM Development Limited Approves Final Dividend for the Year Ended December 31, 2021	22-06-01	CI
SOCAM Development Limited Announces Adoption of Revised Dividend Policy	22-03-30	CI
SOCAM Development Limited Announces Final Dividend for the Year Ended 31 December 2021	22-03-30	CI
SOCAM Development Limited Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-30	CI
Socam Development Unit to Buy 65% Stake in Hong Kong Multimedia Company for Nearly $5 Million	21-12-20	MT
Socam Development Limited Reports Earnings Results for the Half Year Ended June 30, 2021	21-08-27	CI
SOCAM Development : Drops Call Option to Buy Back Stake in Construction Unit	21-04-06	MT

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Company Profile

SOCAM Development Ltd is an investment holding company principally engaged in the provision of engineering services. The Company operates its business through three segments. The Construction and Building Maintenance Services Engineering segment is engaged in the business of building construction, interior fitting-out, renovation and maintenance works. The Real Estate segment is engaged in real estate development,real estate investment and provision of property management services. The Other Business segment is engaged in venture capital investment business and other businesses.

Sector

Construction & Engineering

Calendar

2024-08-29 - Q2 2024 Earnings Release (Projected)

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