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socam development ltd (983) Snapshot

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socam development ltd (983) Details

SOCAM Development Limited, an investment holding company, engages in the property development and construction, and cement manufacturing activities in Hong Kong and the People’s Republic of China. The company develops residential, hotel, and retail projects; and special situation projects and knowledge communities, as well as provides property asset management services. It is also involved in the construction, interior fit-out, renovation, and maintenance of public housing, commercial, residential, and institutional buildings; sale of building materials; and provision of related consultancy services. In addition, the company engages in the owning and leasing of plant and machinery; structural steel construction work; supply of ready mixed concrete; wholesale of construction materials; and provision of project management, and investment and project management consultancy services. Further, it is involved in the private equity property fund and venture capital investment activities. The company was formerly known as Shui On Construction and Materials Limited and changed its name to SOCAM Development Limited in September 2011. SOCAM Development Limited is headquartered in Hong Kong, Hong Kong.

8,140 Employees
Last Reported Date: 04/24/15

socam development ltd (983) Top Compensated Officers

Managing Director, Executive Vice Chairman, C...
Total Annual Compensation: $4.7M
Managing Director, Chief Financial Officer, E...
Total Annual Compensation: $4.4M
Compensation as of Fiscal Year 2014.

socam development ltd (983) Key Developments

SOCAM Development Limited Announces Resignation of Wong Kun To, Philip as Non-Executive Director

The Board of Directors of SOCAM Development Limited announced that Mr. Wong Kun To, Philip, a Non-executive Director of the company, did not stand for re-election due to his other business commitments and retired at the annual general meeting of the company held on 29 May 2015 in accordance with the Bye-laws of the company. Mr. Philip Wong has confirmed that he has no disagreement with the Board and there is no matter that needs to be brought to the attention of the shareholders of the company.

SOCAM Development Limited, Special/Extraordinary Shareholders Meeting, Jun 18, 2015

SOCAM Development Limited, Special/Extraordinary Shareholders Meeting, Jun 18, 2015., at 15:30 China Standard Time. Agenda: To approve and confirm the S&P agreement and to authorize the directors of the company to execute such documents and to do such acts as may be deemed in their absolute discretion to be incidental to, ancillary to or in connection with the S&P agreement and the transactions contemplated thereunder.

SOCAM Development Limited Approves Dividend for the Year 2014, Payable on May 15, 2015

SOCAM Development Limited announced that at the AGM held on April 24, 2015 considered and approved the profit allocation and dividend payment for the year 2014 at THB 0.27 per share totaling THB 222.75 million, of which THB 0.135 per share (totaling THB 111.375 million) was paid as an interim dividend on September 12, 2014. The final dividend payment will be paid at THB 0.135 per share (totaling THB 111.375 million). The record date to determine shareholders' names for the right to receive the Dividend shall be on March 19, 2015, and according to Clause 225 of the Security and Exchange Act, the closing date of share register book shall be on March 20, 2015, and the dividend payment date will be on May 15, 2015.

 

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983:HK $5.20 HKD -0.04

983 Competitors

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Company Last Change
Great Eagle Holdings Ltd $27.45 HKD -0.20
Shui On Land Ltd $2.06 HKD +0.02
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983

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Valuation 983 Industry Range
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Price/Book 0.3x
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