Key Developments: China Ruifeng Renewable Energy Holdings Ltd (0527.HK)

0527.HK on Hong Kong Stock

1.52HKD
9 Jul 2014
Price Change (% chg)

HK$-0.01 (-0.65%)
Prev Close
HK$1.53
Open
HK$1.52
Day's High
HK$1.52
Day's Low
HK$1.46
Volume
3,384,000
Avg. Vol
2,687,458
52-wk High
HK$2.44
52-wk Low
HK$1.44

Search Stocks

Latest Key Developments (Source: Significant Developments)

China Ruifeng Renewable Energy Holdings Limited does not declare dividend
Monday, 31 Mar 2014 06:10pm EDT 

China Ruifeng Renewable Energy Holdings Limited:Says no dividend has been declared or paid by the company for the year ended Dec. 31, 2013 (2012: Nil).  Full Article

China Ruifeng Renewable Energy Holdings Limited announces completion of issue of and subscription for convertible bonds
Friday, 20 Dec 2013 09:35am EST 

China Ruifeng Renewable Energy Holdings Limited:Says all the HK$30,000,000 of Convertible Bonds were issued to the Subscriber in accordance with the terms of the Subscription Agreement.Says the Conversion Shares to be allotted and issued upon exercise of the Conversion Rights will be allotted and issued under the General Mandate pursuant to which the company may allot and issue up to 194,860,000 Shares.Says 772,000 Shares, representing the Commission Shares, have been issued to the Subscriber under the General Mandate, and the remaining 194,088,000 Shares, being the Share Issuance Cap, shall be used for the issue of the Conversion Shares.Says the gross proceeds from the issue of the Convertible Bonds will be about HK$30,000,000.Says based on the estimated cash expenses of about HK$1,000,000 for the issue of the Convertible Bonds, the net proceeds from the issue is expected to be about HK$29,000,000.Says the Group intends to use the net proceeds as general working capital of the Group.  Full Article

China Ruifeng Renewable Energy Holdings Limited's announces proposed acquisition of further 30.05 pct equity interest in aggregate of Hongsong Renewable Energy by subsidiary
Tuesday, 10 Dec 2013 11:30pm EST 

China Ruifeng Renewable Energy Holdings Limited:Says that on Dec. 3, Xu Liancun, Yu Haichun and Jin Cha (the vendors) and Beichen Hightech, an indirect wholly owned subsidiary of the company, entered into the acquisition agreement.Says pursuant to which the vendors conditionally agreed to dispose of, and Beichen Hightech conditionally agreed to purchase the sale shares, which represent in aggregate about 17.80 pct of the equity interests in Hongsong Renewable Energy.Says the total consideration for the acquisition was 91,374,400 yuan (equivalent to about HK$115,663,797).Says further, on Dec. 11, Wang Zhicheng Wang Shulong, Zhu Haitao, Ding Zhiqiang and Liu Lei and Beichen Hightech entered into the acquisition agreement.Says pursuant to which the vendors conditionally agreed to dispose of, and Beichen Hightech conditionally agreed to purchase the sale shares, which represent in aggregate about 12.25 pct of the equity interests in Hongsong Renewable Energy.Says the total consideration for the acquisition was 62,879,700 yuan (equivalent to about HK$79,594,557).Says following completion of the acquisitions, the company will own about 50.98 pct equity interest in Hongsong Renewable Energy.  Full Article

China Ruifeng Renewable Energy Holdings Limited Does Not Recommend Interim Dividend
Sunday, 1 Sep 2013 07:33pm EDT 

China Ruifeng Renewable Energy Holdings Limited announced that the Directors do not recommend the distribution of an interim dividend for the six months ended June 30, 2013 (June 30, 2012 : Nil).  Full Article

China Ruifeng Renewable Energy Holdings Limited Comments On H1 2013 Net Profit Guidance
Friday, 16 Aug 2013 09:20am EDT 

China Ruifeng Renewable Energy Holdings Limited announced that the Group is expected to record a increase in net profit for the first half of 2013 as compared to the net profit recorded in the first half of 2012.  Full Article

China Ruifeng Galaxy Renewable Energy Holdings Ltd Announces Change Of Name To China Ruifeng Renewable Energy Holdings Limited
Wednesday, 26 Jun 2013 09:18am EDT 

China Ruifeng Galaxy Renewable Energy Holdings Ltd announced that with effect from May 8, 2013, the name of the Company has been changed from China Ruifeng Galaxy Renewable Energy Holdings Limited to China Ruifeng Renewable Energy Holdings Limited. The Certificate of Incorporation on Change of Name dated 8 May 2013 was issued by the Registrar of Companies in the Cayman Islands and the Certificate of Registration of Change of Corporate Name of Non-Hong Kong Company dated June 21, 2013 was issued by the Registrar of Companies in Hong Kong. The stock short name of the Company remains unchanged.  Full Article

China Ruifeng Galaxy Renewable Energy Holdings Ltd Does Not Recommend Dividend
Tuesday, 26 Mar 2013 07:10pm EDT 

China Ruifeng Galaxy Renewable Energy Holdings Ltd announced that no dividend has been declared or paid by the Company for the year ended December 31, 2012 (2011: Nil).  Full Article

China Ruifeng Galaxy Renewable Energy Holdings Ltd Comments On FY 2012 Net Profits Guidance
Friday, 1 Feb 2013 08:00am EST 

China Ruifeng Galaxy Renewable Energy Holdings Ltd announced that for fiscal 2012, it expects to record a decline in its net profits as compared to its net profits for fiscal 2011. Such estimated decline in net profits is primarily attributable to: the possible impairment loss of goodwill, and the possible impairment loss of property, plant and equipment; and the decrease in production of diodes which was mainly due to serious market competition and increase in production cost, and in turn affect the net profit and might result in segmental loss.  Full Article

China Ruifeng Galaxy Renewable Energy Holdings Ltd Does Not Recommend Interim Dividend
Thursday, 6 Sep 2012 04:48am EDT 

China Ruifeng Galaxy Renewable Energy Holdings Ltd announced that the directors do not recommend the distribution of an interim dividend for the six months ended June 30, 2012. (June 30, 2011: Nil).  Full Article

Search Stocks