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HORIZON CD

1.260

-0.010-0.79%

Volume:1.33M

Turnover:1.71M

Market Cap:4.03B

PE:4.08

High:1.310

Open:1.280

Low:1.250

Close:1.270

52wk High:1.953

52wk Low:0.943

Shares:3.20B

HK Float Shares:3.20B

Volume Ratio:0.87

T/O Rate:0.04%

Dividend:0.05

Dividend Rate:3.71%

EPS(LYR):0.309

ROE:5.94%

ROA:2.37%

PB:0.33

PE(LYR):4.08

PS:0.33

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Overview Company News Filings

Horizon Construction Development's COO Boosts Shareholding

MT Newswires Live

BRIEF-Horizon Construction Development Says Chief Operational Officer From 1 To 5 Sept Bought 609,000 Shares

Horizon CD (09930) COO Shen Liang Increases Holdings by 609,000 Shares

Horizon Construction Development - Chief Operational Officer From 1 Sept to 5 Sept Purchased 609,000 Shares of Co

THOMSON REUTERS

CEO Zhan Jing Increases Holdings in HORIZON CD (09930) by 500,000 Shares at Approximately HK$1.4 Per Share

BRIEF-Horizon Construction Development Says CEO And Excecutive Director Buy 1.7 Million Shares Of Co From Aug 18 To Aug 22

Horizon Construction Development - CEO and Excecutive Director Buy 1.7 Mln Shares of Co From Aug 18 to Aug 22

THOMSON REUTERS

BRIEF-Horizon Construction Development Says Executive Director & CEO Purchased 5.2 Million Shares From 4 Aug To 8 Aug, Others

Horizon Construction Development - Executive Director & CEO Purchased 5.2 Mln Shares From 4 Aug to 8 Aug, Others

THOMSON REUTERS

Stock Track | Horizon Construction Development Soars 5.93% Despite Weaker H1 2025 Results, Future Growth Prospects Shine

Horizon Construction Development's H1 Profit Plunges 87%

MT Newswires Live

Horizon Construction Development - Hy Profit Attributable RMB35.5 Mln

THOMSON REUTERS

Horizon Construction Warns of Up to 90% Drop in H1 Profit

MT Newswires Live

Horizon Construction Development Ltd. Issues Profit Warning, Anticipates Significant Revenue and Profit Decline for First Half of 2025

Hongxin Construction Development (09930) Issues Profit Warning: Expects 80%-90% Decline in First-Half Shareholder Profits

Horizon Construction Development Ltd. Unveils New Company Logo

Horizon Construction Development Ltd. Announces Upcoming Board Meeting to Discuss Interim Results and Dividend

Horizon Construction Development Unit Acquires 80% Stake in Machinery Company

MT Newswires Live

Horizon Construction Development Ltd. Completes Acquisition of 80% Stake in Target Group Companies

Horizon Construction Development Unit to Acquire 80 Stake in Machinery Company

MT Newswires Live

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Share","url":"https://stock-news.laohu8.com/highlight/detail?id=1153696449","media":"Stock News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1153696449?lang=en_us&edition=fundamental","pubTime":"2025-08-25 19:20","pubTimestamp":1756120849,"startTime":"0","endTime":"0","summary":"According to the latest data from the Hong Kong Stock Exchange, on August 22, Chief Executive Officer Zhan Jing increased his holdings in HORIZON CD (09930) by 500,000 shares at HK$1.398 per share,...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1124","09930"],"gpt_icon":0},{"id":"2561734874","title":"BRIEF-Horizon Construction Development Says CEO And Excecutive Director Buy 1.7 Million Shares Of Co From Aug 18 To Aug 22","url":"https://stock-news.laohu8.com/highlight/detail?id=2561734874","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2561734874?lang=en_us&edition=fundamental","pubTime":"2025-08-22 18:30","pubTimestamp":1755858634,"startTime":"0","endTime":"0","summary":"BRIEF-Horizon Construction Development Says CEO And Excecutive Director Buy 1.7 Million Shares Of Co From Aug 18 To Aug 22Aug 22  - Horizon Construction Development Ltd 9930.HK:CEO AND EXCECUTIVE DIRECTOR BUY 1.7 MILLION SHARES OF CO FROM AUG 18 TO AUG 22Further company coverage: 9930.HK ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250822:nFWN3UD18A:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1124","09930"],"gpt_icon":0},{"id":"2561731354","title":"Horizon Construction Development - CEO and Excecutive Director Buy 1.7 Mln Shares of Co From Aug 18 to Aug 22","url":"https://stock-news.laohu8.com/highlight/detail?id=2561731354","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2561731354?lang=en_us&edition=fundamental","pubTime":"2025-08-22 18:30","pubTimestamp":1755858603,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250822:nFWN3UD18A:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1124","09930"],"gpt_icon":0},{"id":"2557578839","title":"BRIEF-Horizon Construction Development Says Executive Director & CEO Purchased 5.2 Million Shares From 4 Aug To 8 Aug, Others","url":"https://stock-news.laohu8.com/highlight/detail?id=2557578839","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2557578839?lang=en_us&edition=fundamental","pubTime":"2025-08-08 22:17","pubTimestamp":1754662671,"startTime":"0","endTime":"0","summary":"BRIEF-Horizon Construction Development Says Executive Director & CEO Purchased 5.2 Million Shares From 4 Aug To 8 Aug, OthersAug 8  - Horizon Construction Development Ltd 9930.HK:EXECUTIVE DIRECTOR & CEO PURCHASED 5.2 MILLION SHARES FROM 4 AUG TO 8 AUG, OTHERSFurther company coverage: 9930.HK ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250808:nFWN3U0295:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1124","09930"],"gpt_icon":0},{"id":"2557527193","title":"Horizon Construction Development -  Executive Director & CEO Purchased 5.2 Mln Shares From 4 Aug to 8 Aug, Others","url":"https://stock-news.laohu8.com/highlight/detail?id=2557527193","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2557527193?lang=en_us&edition=fundamental","pubTime":"2025-08-08 21:34","pubTimestamp":1754660077,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250808:nFWN3U0295:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1124","09930"],"gpt_icon":0},{"id":"1179224456","title":"Stock Track | Horizon Construction Development Soars 5.93% Despite Weaker H1 2025 Results, Future Growth Prospects Shine","url":"https://stock-news.laohu8.com/highlight/detail?id=1179224456","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1179224456?lang=en_us&edition=fundamental","pubTime":"2025-08-05 12:03","pubTimestamp":1754366585,"startTime":"0","endTime":"0","summary":"Horizon Construction Development (HRZCF) saw its stock price surge 5.93% in Tuesday's trading session, despite reporting weaker financial results for the first half of 2025. The company's resilient...","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["09930"],"gpt_icon":0},{"id":"2555003458","title":"Horizon Construction Development's H1 Profit Plunges 87%","url":"https://stock-news.laohu8.com/highlight/detail?id=2555003458","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2555003458?lang=en_us&edition=fundamental","pubTime":"2025-07-31 13:45","pubTimestamp":1753940717,"startTime":"0","endTime":"0","summary":"Horizon Construction Development  saw an 87% decline in attributable profit for the six months ended June 30 to 35.5 million yuan from 268.2 million yuan in the year-ago period, a Thursday filing with the Hong Kong bourse said.Earnings per share stood at 0.011 yuan in the interim period, down from 0.084 yuan in the corresponding period of the last fiscal year.Revenue for the builder fell 11% to 4.35 billion yuan in the half year from 4.87 billion yuan a year prior.The lower revenue was due to a decline in equipment rental rates in the domestic market, the reduction of the domestic materials business, and a temporary impact of the shipment of domestic equipment to overseas business locations on the utilization rate.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["09930","BK1124"],"gpt_icon":0},{"id":"2555077610","title":"Horizon Construction Development - Hy Profit Attributable RMB35.5 Mln","url":"https://stock-news.laohu8.com/highlight/detail?id=2555077610","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2555077610?lang=en_us&edition=fundamental","pubTime":"2025-07-31 12:01","pubTimestamp":1753934506,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250731:nFWN3TS00C:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1124","09930"],"gpt_icon":0},{"id":"2552460889","title":"Horizon Construction Warns of Up to 90% Drop in H1 Profit","url":"https://stock-news.laohu8.com/highlight/detail?id=2552460889","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2552460889?lang=en_us&edition=fundamental","pubTime":"2025-07-18 20:22","pubTimestamp":1752841334,"startTime":"0","endTime":"0","summary":"Builder Horizon Construction Development  expects an 80% to 90% decline in attributable profit for the six months ended June 30 from 268.2 million yuan a year prior, a Friday Hong Kong bourse filing said.The firm attributed the anticipated lower profit mainly to a decline in the rental price of the equipment, a lower revenue from engineering and technical services, and a negative effect of moving domestic equipment and materials to overseas business outlets on equipment utilization rate among other factors.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1124","09930"],"gpt_icon":0},{"id":"2552146400","title":"Horizon Construction Development Ltd. Issues Profit Warning, Anticipates Significant Revenue and Profit Decline for First Half of 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2552146400","media":"Reuters","labels":["dataReport","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2552146400?lang=en_us&edition=fundamental","pubTime":"2025-07-18 19:16","pubTimestamp":1752837407,"startTime":"0","endTime":"0","summary":"Horizon Construction Development Ltd. Issues Profit Warning, Anticipates Significant Revenue and Profit Decline for First Half of 2025. Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horizon Construction Development Ltd. published the original content used to generate this news brief on July 18, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250718:nNDLbFFrpC:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"dataReport,express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["03360","09930"],"gpt_icon":0},{"id":"1116502910","title":"Hongxin Construction Development (09930) Issues Profit Warning: Expects 80%-90% Decline in First-Half Shareholder Profits","url":"https://stock-news.laohu8.com/highlight/detail?id=1116502910","media":"Stock News","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1116502910?lang=en_us&edition=fundamental","pubTime":"2025-07-18 19:16","pubTimestamp":1752837391,"startTime":"0","endTime":"0","summary":"Hongxin Construction Development (09930) projects approximately 10% year-on-year revenue contraction and an 80%-90% plunge in shareholder attributable profit for the first half of 2025. This downturn...","market":"sh","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1124","09930"],"gpt_icon":0},{"id":"2545949653","title":"Horizon Construction Development Ltd. Unveils New Company Logo","url":"https://stock-news.laohu8.com/highlight/detail?id=2545949653","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2545949653?lang=en_us&edition=fundamental","pubTime":"2025-06-23 16:34","pubTimestamp":1750667650,"startTime":"0","endTime":"0","summary":"Horizon Construction Development Limited, incorporated in the Cayman Islands, has announced a change to its company logo. The new logo will be featured on corporate documents, including reports and share certificates, and displayed on the company's website. The announcement was made by the company's Chairman, Kong Fanxing.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horizon Construction Development Ltd. published the original content used to generate this news brief on June 23, 2025, and is solely responsible for the information contained therein.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250623:nNDL9W0lbg:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1993786604.SGD","LU1807302812.USD","IE00BWDBJ730.SGD","09930","BK1186","LU0880133367.SGD","LU1152091168.USD","LU1960683339.HKD","IE00B19Z5X02.USD","IE00BQJZWZ67.USD","LU0501845795.SGD","LU1152091754.HKD","LU0072913022.USD","03360","BK1124","LU1008478684.HKD","LU0067412154.USD"],"gpt_icon":0},{"id":"2544149004","title":"Horizon Construction Development Ltd. Announces Upcoming Board Meeting to Discuss Interim Results and Dividend","url":"https://stock-news.laohu8.com/highlight/detail?id=2544149004","media":"Reuters","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2544149004?lang=en_us&edition=fundamental","pubTime":"2025-06-20 16:35","pubTimestamp":1750408513,"startTime":"0","endTime":"0","summary":"Horizon Construction Development Ltd. has announced that its board of directors will hold a meeting on Thursday, 31 July 2025. The purpose of the meeting is to consider and approve the interim results of the Group for the six months ended 30 June 2025 and to discuss the payment of an interim dividend, if any, along with other business matters.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horizon Construction Development Ltd. published the original content used to generate this news brief on June 20, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250620:nNDL5hkLtD:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"conferences","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00B19Z5X02.USD","LU1807302812.USD","03360","LU0880133367.SGD","LU0072913022.USD","LU1152091754.HKD","LU1993786604.SGD","LU0067412154.USD","BK1186","LU1152091168.USD","IE00BWDBJ730.SGD","BK1124","LU0501845795.SGD","IE00BQJZWZ67.USD","09930","LU1008478684.HKD","LU1960683339.HKD"],"gpt_icon":0},{"id":"2540617677","title":"Horizon Construction Development Unit Acquires 80% Stake in Machinery Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2540617677","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540617677?lang=en_us&edition=fundamental","pubTime":"2025-06-02 17:52","pubTimestamp":1748857967,"startTime":"0","endTime":"0","summary":"A unit of Horizon Construction Development  completed the acquisition of an 80% equity stake in TH Tong Heng Machinery, a May 30 Hong Kong bourse filing said.The indicative total amount of the consideration was slashed to nearly 171 million ringgit from 176 million ringgit originally.TH Tong Heng Machinery engages mainly in the rental of machinery and equipment, trading of new and second-hand machinery and equipment, and other business activities.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1124","09930"],"gpt_icon":0},{"id":"2540739088","title":"Horizon Construction Development Ltd. Completes Acquisition of 80% Stake in Target Group Companies","url":"https://stock-news.laohu8.com/highlight/detail?id=2540739088","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540739088?lang=en_us&edition=fundamental","pubTime":"2025-06-01 18:43","pubTimestamp":1748774618,"startTime":"0","endTime":"0","summary":"Horizon Construction Development Ltd. has completed the acquisition of 80% equity interests in the Target Group Companies. The announcement, made by the company on 30 May 2025, confirmed that all conditions precedent to the Share Purchase Agreement have been fulfilled or waived, making the agreement unconditional. This marks the successful completion of the acquisition process, initially announced on 8 May 2025. The transaction involves a supplemental letter that outlines the indicative total and other relevant terms of the acquisition.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horizon Construction Development Ltd. published the original content used to generate this news brief on June 01, 2025, and is solely responsible for the i","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250601:nNDL1mV5nv:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0067412154.USD","LU1807302812.USD","IE00BWDBJ730.SGD","LU1152091754.HKD","IE00BQJZWZ67.USD","LU1008478684.HKD","BK1186","03360","LU0072913022.USD","IE00B19Z5X02.USD","LU0501845795.SGD","09930","LU0880133367.SGD","BK1124","LU1993786604.SGD","LU1152091168.USD","LU1960683339.HKD"],"gpt_icon":0},{"id":"2533318127","title":"Horizon Construction Development Unit to Acquire 80 Stake in Machinery Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2533318127","media":"MT Newswires Live","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533318127?lang=en_us&edition=fundamental","pubTime":"2025-05-08 20:00","pubTimestamp":1746705654,"startTime":"0","endTime":"0","summary":"A unit of Horizon Construction Development  agreed to purchase 400,000, or 80%, shares in TH Tong Heng Machinery from two sellers for around 176 million ringgit, a Thursday Hong Kong bourse filing said.Of this, 395,000 shares will be purchased from Chan Heng Choy and 5,000 shares from How Mee Cheng.On the same day, Chan, who will continue to hold 100,000 shares in the target firm following the purchase, will grant buyer Horizon Construction Development Investment  call options to purchase a further 10% shares he holds.The purchaser will also grant put options to Chan for him to require the former to purchase the 10% shares mentioned above.TH Tong Heng Machinery engages mainly in the rental of machinery and equipment, trading of new and second-hand machinery and equipment, and other business activities.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["09930","BK1124"],"gpt_icon":0}],"pageSize":20,"totalPage":2,"pageCount":1,"totalSize":21,"code":"91000000","status":"200"}]}}