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SU8 On Other Exchanges
Hong Kong
As of 2:34 AM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

sunway international hldgs (SU8) Snapshot

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03/27/15 - €0.05
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sunway international hldgs (SU8) Details

Sunway International Holdings Limited, an investment holding company, designs, develops, manufactures, and sells consumer electronic products, and electronic components and parts. It operates in three segments: Electronic Components and Parts, Consumer Electronic Products, and Trading. Its electronic products include electronic calculators, such as desktop, pocket, scientific, credit card, currency, and stationery calculators; telecommunication phones; electronic watches and clocks, as well as digital products; and electronics and related components, and parts comprise quartz crystals, liquid crystal displays, printed circuit boards, and watch movements, as well as timers and pedometers. The company is also engaged in trading integrated circuits, and computer components and accessories. It operates primarily in Hong Kong, the People’s Republic of China, Indonesia, Japan, Korea, Taiwan, and Pakistan; the United States, Chile, Peru, Argentina, Mexico, and Brazil; Poland, Spain, France, Germany, and England; and Lagos, Nigeria, Kenya, and Egypt. The company is headquartered in Tsuen Wan, Hong Kong.

3,700 Employees
Last Reported Date: 12/12/14

sunway international hldgs (SU8) Top Compensated Officers

Chairman, Chief Executive Officer, Member of ...
Total Annual Compensation: $2.5M
Finance Director, Company Secretary, Executiv...
Total Annual Compensation: $874.0K
Deputy Chairman and Member of Nomination Comm...
Total Annual Compensation: $2.3M
Compensation as of Fiscal Year 2013.

sunway international hldgs (SU8) Key Developments

Sunway International Holdings Limited Announces Delay in Publication of Annual Results 2014

The board of directors of Sunway International Holdings Limited announced that as more time is required to gather information for assessment of the indebtedness and certain receivables of a subsidiary of the company. The audit of the consolidated financial statements of the company and its subsidiaries for the fifteen months ended 31 December 2014 will not be completed by 31 March 2015. The company will not be able to publish the annual results 2014 by 31 March 2015 and therefore, publication of the annual results 2014 will be delayed. Pursuant to rule 13.49(1) of the listing rules, the company is required to publish its preliminary results in respect of each financial year not later than three months after the end of the financial year; and in the case of the annual results 2014, no later than 31 March 2015. The board acknowledges that the delay in publication of annual results 2014 constitute a non-compliance of rule 13.49(1) of the listing rules. Given the foregoing, the company will also postpone the meeting of the board to be held for, among other things, approving the annual results 2014, which was originally scheduled on 31 March 2015.

Sunway International Holdings Limited Provides Consolidated Earnings Guidance for the Fifteen Months Ended 31 December 2014

Sunway International Holdings Limited provided consolidated earnings guidance for the fifteen months ended 31 December 2014. The board of directors of the company informed the shareholders of the company and the potential investors that, based on the information currently available to the company, it is expected that the consolidated loss attributable to the equity holders of the company for the fifteen months ended 31 December 2014 may increase by approximately of 30% as compared to the restated consolidated loss for the year ended 30 September 2013, being HKD 206,445,000. The board believes that the expected increase in the consolidated loss attributable to the equity holders of the company for the fifteen months ended 31 December 2014 was primarily attributable to the: further increase in loss from the discontinued operations of approximately HKD 89 million; imputed interest of approximately HKD 13 million arising on recognizing the fair value movement of cash consideration payable and promissory note; provision for impairment on goodwill arising on PC steel bar business of approximately HKD 43 million.

Sunway International Holdings Limited to Report 15 Months Period Ending Dec 31, 2014 Results on Mar 31, 2015

Sunway International Holdings Limited announced that they will report 15 months, period ending Dec 31, 2014 results on Mar 31, 2015


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