Key Developments: Chinascholars Group Co Ltd (000547.SZ)
3.77CNY
2:35am EDT
¥0.06 (+1.62%)
¥3.59
¥3.68
¥3.78
¥3.68
17,555,892
6,991,529
¥4.44
¥2.86
Latest Key Developments (Source: Significant Developments)
Chinascholars Group Co Ltd Announces FY 2012 Dividend Payment
Chinascholars Group Co Ltd announced that it will pay a cash dividend of RMB 0.2 per 10 shares (pre-tax) to shareholders for fiscal year 2012. Full Article
Chinascholars Group Co Ltd to Set up Subsidiary
Chinascholars Group Co Ltd announced that it will set up a wholly owned subsidiary in Fujian Province. The subsidiary will be with a registered capital of RMB 50 million and be engaged in the generator. Full Article
Chinascholars Group Co Ltd to Issue FY 2012 Corporate Bonds
Chinascholars Group Co Ltd announced that it will issue RMB 400 million worth of corporate bonds for fiscal year 2012. The bonds are each with par value and an issue price of RMB 100, a term of six years, and a coupon rate ranging from 7.00% to 8.00%. Zheshang Securities will serve as the main underwriter. Full Article
Chinascholars Group Co., Ltd. Announces FY 2011 Dividend Payment Date
Chinascholars Group Co., Ltd. announced that it will use undistributed profits to pay a cash dividend of RMB 0.008 (after tax) and distribute one new share for every 10 shares, and use additional paid-in capital to distribute 2.5 new shares for every 10 shares, to shareholders of record on August 2, 2012. The Company's shares will be traded ex-dividend and ex-right on August 3, 2012 and the dividend will be paid on the same day. Full Article
Chinascholars Group Co., Ltd. Announces Change in Shareholding Structure
Chinascholars Group Co., Ltd. announced that the Company's shareholder, a Fujian-based technology investment company, has sold 30,776,855 shares, or 4.98% of the Company's total shares outstanding in open market, decreasing its holdings in the Company from 27.12% to 22.15%. Full Article
Chinascholars Group Co., Ltd. Announces FY 2012 H1 Net Profit Outlook
Chinascholars Group Co., Ltd. announced that it expects its net profit for the first half of fiscal year (FY) 2012 to be RMB 75 million to RMB 88.60 million, or to increase by 175%-225%, compared to the net profit of the same period in FY 2011 (RMB 27,244,200). The Company cited the increased investment income as the main reason for the forecast. Full Article
Chinascholars Group Co., Ltd. Announces FY 2011 Dividend Payment
Chinascholars Group Co., Ltd. announced that it will use undistributed profits to pay a cash dividend of RMB 0.12 (pre-tax) and distribute one new share for every 10 shares, and use additional paid-in capital to distribute 2.5 new shares for every 10 shares, to shareholders for fiscal year 2011. Full Article
Chinascholars Group Co., Ltd. Announces FY 2011 Net Profit Outlook
Chinascholars Group Co., Ltd. announced that it expects its net profit for fiscal year 2011 to grow by 310%-350%, or to be RMB 100,740,000-RMB 110,560,000, compared to that of same period last year (RMB 24,570,000). The Company cited the increase investment income as the main reasons for this forecast. Full Article
Chinascholars Group Co., Ltd. to Apply for Comprehensive Credit Lines
Chinascholars Group Co., Ltd announced that it plans to apply to Fuzhou Sub-branch of Industrial and Commercial Bank of China Limited for a comprehensive credit line of RMB 130 million, and apply to Fujian Branch of Bank of Communication for another comprehensive credit line of RMB 30 million, both with a term of one year. Full Article
Chinascholars Group Co., Ltd. Changes Accounting Policy
Chinascholars Group Co., Ltd. announced the change of accounting policy on depreciation period of fixed assets, effective December 10, 2011. Full Article
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