Key Developments: China Oriental Group Co Ltd (0581.HK)

0581.HK on Hong Kong Stock

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29 Apr 2014
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Latest Key Developments (Source: Significant Developments)

China Oriental Group Co Ltd and Jinxi Ltd announces framework agreement
Friday, 31 Oct 2014 04:41am EDT 

China Oriental Group Co Ltd:Says Jinxi Ltd, subsidiary entered into Dong Fang Shen Huo framework agreement with Dong Fang Shen Huo.In respect of purchase of energy saving products by Jinxi Ltd and/or its subsidiaries from Dong Fang Shen Huo and/or its subsidiaries for term of three years.For term of three years commencing on Jan. 1 and expiring on Dec. 31, 2016.  Full Article

China Oriental Group Co Ltd does not declare dividend
Wednesday, 27 Aug 2014 09:25am EDT 

China Oriental Group Co Ltd:Board did not recommend payment of any interim dividend for six months ended June 30 (2013: Nil).  Full Article

China Oriental Group Co Ltd's indirect non-wholly owned subsidiary announces acquisition of land in Suzhou
Thursday, 17 Apr 2014 04:39am EDT 

China Oriental Group Co Ltd:Says on April 15, Beijing Real Estate, an indirect non-wholly owned subsidiary of the company was successful in its bid for the Land located in the city of Suzhou, the PRC, at a price of 295,000,000 yuan and received a confirmation letter thereof from the Land Bureau.  Full Article

China Oriental Group does not recommend final dividend
Friday, 21 Mar 2014 10:55am EDT 

China Oriental Group Co Ltd:Did not recommend payment of any final dividend for the year ended Dec. 31, 2013.  Full Article

China Oriental Group Co Ltd gives FY 2013 earnings guidance
Friday, 10 Jan 2014 04:13am EST 

China Oriental Group Co Ltd:Says based on the unaudited management accounts of the group for the eleven months ended Nov. 30, 2013 and the performance of the group in Dec. 2013.It expects that the group is likely to experience a substantial decline in profit or may even incur a loss in FY 2013 as compared to the profit made in FY 2012.  Full Article

China Oriental Group Co Ltd announces continuing connected transactions between Jinxi Limited and Jinxin Mining
Thursday, 2 Jan 2014 04:46am EST 

China Oriental Group Co Ltd:Says reference is made to the announcement dated Nov. 17, 2010 regarding continuing connected transactions between Jinxi Limited and Jinxin Mining for the three years under the Existing Jinxin Framework Agreement.Says existing Jinxin Framework Agreement was expired on Dec. 31, 2013.Says in view of the expiry of the Existing Jinxin Framework Agreement, on Jan. 2 Jinxi Limited entered into the Renewal Jinxin Framework Agreement with Jinxin Mining for a further term of three years commencing from Jan. 1 2014 and expiring on 31 Dec. 2016.  Full Article

China Oriental Group Co Ltd Acquisition Of Third Lot Of Fixed Assets By Zhengda From Hengfeng
Sunday, 1 Dec 2013 10:32pm EST 

China Oriental Group Co Ltd:Says its indirect non-wholly owned subsidiary Hebei Jinxi Iron and Steel Group Zhengda Iron and Steel Co., Ltd (Zhengda) has agreed to acquire from Tangshan Fengrun Hengfeng Iron and Steel Company Limited (Hengfeng) a Third Lot of Fixed Assets for approximately Chinese yuan 223 million.Says the Third Lot of Fixed Assets to be acquired by Zhengda from Hengfeng comprise of infrastructure, equipment and machinery for the production of iron and steel products and are located in Tangshan City, Hebei Province, the People‚Äôs Republic of China.  Full Article

China Oriental Group Co Ltd Does Not Recommend Interim Dividend
Thursday, 22 Aug 2013 08:30am EDT 

China Oriental Group Co Ltd announced that the Board did not recommend the payment of any interim dividend for the six months ended June 30, 2013 (2012: Nil).  Full Article

China Oriental Group Co Ltd gives H1 2013 earnings guidance
Monday, 1 Jul 2013 08:00pm EDT 

China Oriental Group Co Ltd:Expects that the Group is likely to experience a substantial decline in profit in H1 2013 as compared to the profit made in the corresponding period of H1 2012.  Full Article

China Oriental Group Co Ltd Comments On H1 2013 Earnings Guidance
Friday, 28 Jun 2013 05:26am EDT 

China Oriental Group Co Ltd announced that based on the unaudited management accounts of the Group for the five months ended May 31, 2013, it is expected that the Group is likely to experience a substantial decline in profit in the first half of 2013 as compared to the profit made in the first half of 2012. Such expected substantial decline in profit in the first half of 2013 was mainly due to the significant decrease in the average selling price of steel products during the five months ended May 31, 2013 as compared to the first half of 2012.  Full Article

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