Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Independent Non-Executive Director Vince Feng was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Feb 14
Oaktree Capital Management, L.P. entered into a Share Sale Agreement to acquire Triple 8 kabushiki kaisha from Pacific Century Premium Developments Limited (SEHK:432) for ¥12.2 billion. Oaktree Capital Management, L.P. entered into a Share Sale Agreement to acquire Triple 8 kabushiki kaisha from Pacific Century Premium Developments Limited (SEHK:432) for ¥12.2 billion on February 13, 2026. A cash consideration of ¥6.86 billion will be paid for the Sale Shares and ¥5.39 billion for the Shareholder Loans by Oaktree Capital Management, L.P. Upon Closing, Triple 8 kabushiki kaisha will cease to be a subsidiary of any of Pacific Century Premium Developments Limited.
For the period ending December 31, 2025, Triple 8 kabushiki kaisha reported total revenue of ¥961.78 million and net income of ¥58.88 million. As of December 31, 2025, Triple 8 kabushiki kaisha reported total common equity of ¥4.53 billion.
The transaction is subject to approval of offer by target shareholders. The expected completion of the transaction is May 31, 2026.
J.P. Morgan Securities Limited acted as financial advisor for Pacific Century Premium Developments Limited. Duyuru • Feb 10
Pacific Century Premium Developments Limited, Annual General Meeting, May 20, 2026 Pacific Century Premium Developments Limited, Annual General Meeting, May 20, 2026. Duyuru • Jan 22
Pacific Century Premium Developments Limited to Report Fiscal Year 2025 Results on Feb 03, 2026 Pacific Century Premium Developments Limited announced that they will report fiscal year 2025 results on Feb 03, 2026 Board Change • Dec 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Non-Executive Director Vince Feng was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Jul 18
Pacific Century Premium Developments Limited to Report First Half, 2025 Results on Jul 30, 2025 Pacific Century Premium Developments Limited announced that they will report first half, 2025 results on Jul 30, 2025 Duyuru • Feb 19
Pacific Century Premium Developments Limited, Annual General Meeting, May 14, 2025 Pacific Century Premium Developments Limited, Annual General Meeting, May 14, 2025. Duyuru • Feb 09
Pacific Century Premium Developments Limited to Report Fiscal Year 2024 Results on Feb 19, 2025 Pacific Century Premium Developments Limited announced that they will report fiscal year 2024 results on Feb 19, 2025 Board Change • Dec 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Non-Executive Director Vince Feng was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 25
First half 2024 earnings released: HK$0.075 loss per share (vs HK$0.11 loss in 1H 2023) First half 2024 results: HK$0.075 loss per share (improved from HK$0.11 loss in 1H 2023). Revenue: HK$545.0m (up 21% from 1H 2023). Net loss: HK$153.0m (loss narrowed 31% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Duyuru • Jul 13
Pacific Century Premium Developments Limited to Report First Half, 2024 Results on Jul 24, 2024 Pacific Century Premium Developments Limited announced that they will report first half, 2024 results on Jul 24, 2024 Reported Earnings • Mar 31
Full year 2023 earnings released: HK$0.23 loss per share (vs HK$0.29 loss in FY 2022) Full year 2023 results: HK$0.23 loss per share (improved from HK$0.29 loss in FY 2022). Revenue: HK$822.0m (up 47% from FY 2022). Net loss: HK$466.0m (loss narrowed 22% from FY 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Duyuru • Mar 28
Pacific Century Premium Developments Limited, Annual General Meeting, May 29, 2024 Pacific Century Premium Developments Limited, Annual General Meeting, May 29, 2024, at 11:00 China Standard Time. Location: Function Room 1-3, Level 3 IT Street, Core F Cyberport 3, 100 Cyberport Road, Hong Kong Hong Kong China Agenda: To consider and approve the Audited Financial Statements of the Company and the Reports of the Directors and the Independent Auditor for the year ended December 31, 2023; to consider and approve the re-appointment of Messrs PricewaterhouseCoopers as the Auditor of the Company and authorise the Directors to fix their remuneration; and to consider other matters. Reported Earnings • Feb 22
Full year 2023 earnings released: HK$0.23 loss per share (vs HK$0.29 loss in FY 2022) Full year 2023 results: HK$0.23 loss per share (improved from HK$0.29 loss in FY 2022). Revenue: HK$822.0m (up 47% from FY 2022). Net loss: HK$466.0m (loss narrowed 22% from FY 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Duyuru • Feb 08
Pacific Century Premium Developments Limited to Report Fiscal Year 2023 Results on Feb 21, 2024 Pacific Century Premium Developments Limited announced that they will report fiscal year 2023 results on Feb 21, 2024 Reported Earnings • Aug 03
First half 2023 earnings released: HK$0.11 loss per share (vs HK$0.17 loss in 1H 2022) First half 2023 results: HK$0.11 loss per share (improved from HK$0.17 loss in 1H 2022). Revenue: HK$452.0m (up 67% from 1H 2022). Net loss: HK$221.0m (loss narrowed 34% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2022 earnings released: HK$0.29 loss per share (vs HK$0.42 loss in FY 2021) Full year 2022 results: HK$0.29 loss per share (improved from HK$0.42 loss in FY 2021). Revenue: HK$561.0m (up 20% from FY 2021). Net loss: HK$598.0m (loss narrowed 28% from FY 2021). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 14
Full year 2022 earnings released: HK$0.29 loss per share (vs HK$0.42 loss in FY 2021) Full year 2022 results: HK$0.29 loss per share (improved from HK$0.42 loss in FY 2021). Revenue: HK$561.0m (up 20% from FY 2021). Net loss: HK$598.0m (loss narrowed 28% from FY 2021). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Duyuru • Feb 03
Pacific Century Premium Developments Limited to Report Fiscal Year 2022 Results on Feb 14, 2023 Pacific Century Premium Developments Limited announced that they will report fiscal year 2022 results on Feb 14, 2023 Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Vince Feng was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Nov 05
Pacific Century Premium Developments Limited Announces Executive Changes Pacific Century Premium Developments Limited announced that Mr. Timothy Tsang has resigned as the Company Secretary and an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("Listing Rules") with effect from 4 November 2022. In addition, the Board announces that Mr. Cheung Kwok Kuen Alan joined the Company as the General Counsel and Deputy Company Secretary on 21 March 2022 and he has been appointed as the Company Secretary and an authorised representative of the Company under Rule 3.05 of the Listing Rules with effect from 4 November 2022. Mr. Cheung holds a Bachelor of Science degree from the University of Toronto and is admitted as a solicitor in Hong Kong. He has over thirteen years of legal experience gained from both private practice with international law firms and serving as company counsel to a large conglomerate. His exposure includes corporate finance transactions, merger and acquisitions, private equity, investment funds, corporate restructuring and regulatory compliance works. Prior to joining the Company, Mr. Cheung was the General Counsel and Company Secretary of a company listed on The Stock Exchange of Hong Kong Limited with a large PRC conglomerate. Reported Earnings • Aug 10
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up HK$417.0m from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Duyuru • Jul 30
Pacific Century Premium Developments Limited to Report First Half, 2022 Results on Aug 09, 2022 Pacific Century Premium Developments Limited announced that they will report first half, 2022 results on Aug 09, 2022 Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Vince Feng was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 05
Full year 2021 earnings released: HK$0.42 loss per share (vs HK$0.47 loss in FY 2020) Full year 2021 results: HK$0.42 loss per share. Revenue: HK$467.0m (down 75% from FY 2020). Net loss: HK$825.0m (loss widened 10% from FY 2020). Duyuru • Apr 01
Pacific Century Premium Developments Limited, Annual General Meeting, May 11, 2022 Pacific Century Premium Developments Limited, Annual General Meeting, May 11, 2022, at 11:00 China Standard Time. Location: 8th Floor, Cyberport 2, 100 Cyberport Road Hong Kong Hong Kong Agenda: To consider to receive and adopt the Audited Financial Statements of the Company and the Reports of the Directors and the Independent Auditor for the year ended December 31, 2021; to re-elect Prof Wong Yue Chim, Richard as a Director; to re-elect Ms Chiang Yun as a Director; to re-elect Dr Vince Feng as a Director; to authorize the Directors to fix the remuneration of the Directors; to re-appoint Messrs PricewaterhouseCoopers as the Auditor of the Company and authorize the Directors to fix their remuneration; and to consider other matters. Reported Earnings • Feb 22
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: HK$467.0m (down 75% from FY 2020). Net loss: HK$825.0m (loss widened 10% from FY 2020). Revenue was in line with analyst estimates. Duyuru • Feb 10
Pacific Century Premium Developments Limited to Report Fiscal Year 2021 Results on Feb 21, 2022 Pacific Century Premium Developments Limited announced that they will report fiscal year 2021 results on Feb 21, 2022 Reported Earnings • Aug 06
First half 2021 earnings released: HK$0.23 loss per share (vs HK$0.63 loss in 1H 2020) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: HK$212.0m (down 87% from 1H 2020). Net loss: HK$417.0m (loss widened 65% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 04
Full year 2020 earnings released: HK$0.47 loss per share (vs HK$0.73 loss in FY 2019) The company reported a mediocre full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: HK$1.84b (up 82% from FY 2019). Net loss: HK$749.0m (loss widened 154% from FY 2019). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 04
Full year 2020 earnings released The company reported a mediocre full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: HK$1.84b (up 82% from FY 2019). Net loss: HK$749.0m (loss widened 154% from FY 2019). Duyuru • Jan 23
Pacific Century Premium Developments Limited to Report Fiscal Year 2020 Results on Feb 03, 2021 Pacific Century Premium Developments Limited announced that they will report fiscal year 2020 results on Feb 03, 2021 Duyuru • Dec 30
Pacific Century Premium Developments Limited Enters into Two Agreements with Reach Networks The Board announced that Pacific Century Premium Developments Limited has entered into two agreements with Reach Networks on 28 December 2020 for the provision of facilities management services and lease & tenant management services from 1 January 2021 to 31 December 2022. 14A of the Listing Rules. The services that PCPD FM will provide to Reach Networks and its subsidiaries are the management and coordination of the relevant personnel and teams for the provision of the facilities management services as set out in the Facilities Management Services Agreement. Recent Insider Transactions • Oct 21
Executive Director recently sold €95k worth of stock On the 15th of October, Hon Hing Hui sold around 782k shares on-market at roughly €0.12 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Duyuru • Jul 24
Pacific Century Premium Developments Limited to Report First Half, 2020 Results on Aug 04, 2020 Pacific Century Premium Developments Limited announced that they will report first half, 2020 results on Aug 04, 2020