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China Shanshui Cement Group Ltd (0691.HK)

0691.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

China Shanshui Cement Group updates on proposed CSI acquisition
Friday, 17 Mar 2017 10:44am EDT 

China Shanshui Cement Group Ltd <0691.HK> : Have not received any letter nor writing in any form relating to proposed csi acquisition from acc . Reference is made to announcement of company dated 8 March 2017 relating to, among others, proposed CSI acquisition . "In fact acc declined to clarify on its intention on proposed csi acquisition upon request by company" .Clarifies that Shanshui Group defending rights committee as mentioned in article does not form part of group nor does it represent group.  Full Article

China Shanshui Cement Group says updates on Asia Cement Corporation's announcement on Taiwan Stock Exchange
Wednesday, 8 Mar 2017 09:53am EST 

China Shanshui Cement Group Ltd <0691.HK> : Co noted that Asia Cement Corporation issued an announcement on Taiwan Stock Exchange on 7 march 2017 . Requested board of CSI to clarify situation & instructed co's legal counsel to issue letter to acc for clarification for its intention on CSI acquisition .Announcement stating that board of acc passed resolution to authorize entering an agreement with shareholders of China Shanshui Investment Co.  Full Article

China Shanshui Cement updates on medium-term note issued by Shandong Shanshui in PRC
Tuesday, 28 Feb 2017 09:11am EST 

China Shanshui Cement Group Ltd <0691.HK> :Medium-term note issued by Shandong Shanshui in PRC inter-bank market and due on 27 february 2017 was in default.  Full Article

China Shanshui Cement says still facing a loss for year ended 31 Dec 2016
Monday, 27 Feb 2017 07:53am EST 

China Shanshui Cement Group Ltd <0691.HK>: Expected to record an unaudited annual turnover that is comparable to previous year but is still facing a loss for year ended 31 dec 2016 .Continuous consolidating cement market in China resulted in expected continuous loss for year ended 31 december 2016.  Full Article

China Shanshui Cement group fails to make medium-term note interest payment - clearing house
Monday, 27 Feb 2017 05:57am EST 

Shanghai Clearing House said on Monday: China Shanshui Cement Group <0691.HK> fails to make interest payment on medium-term note due Feb 27 Further company coverage: [0691.HK] ((Nicholas.Heath@thomsonreuters.com;)).  Full Article

China Shanshui Cement signs placing agreement to raise up to HK$456.2 mln
Thursday, 6 Oct 2016 09:49am EDT 

China Shanshui Cement Group Ltd <0691.HK> : Company, SHKIS and ABCI entered into a placing agreement relating to proposed placing of new shares of company . Placing shares at a placing price of not less than hk$0.50 per placing share . Estimated net proceeds of placing will range from approximately hk$436.85 million to approximately hk$456.25 million .Intends to apply such net proceeds to settle outstanding debt of group.  Full Article

China Shanshui Cement says operating revenue for first half of 2016 RMB4.60 billion<0691.HK>
Friday, 5 Aug 2016 12:21am EDT 

China Shanshui Cement Group Ltd <0691.HK>: Operating loss for the first half of year 2016 amounted to approximately RMB182 million . Says operating revenue for the first half of year 2016 amounted to approximately RMB4.60 billion . Says board does not recommend the payment of any dividend for the first half of 2016 . Loss attributable to equity shareholders of the company for the first half of year 2016 amounted to approximately RMB723 million . Says "China's real economic growth is likely to be maintained in a steady growth state" . Based on mild increasing trend for cost of bulk materials in H1 2016, group expects mild increasing trend will continue in second half of year .  Full Article

China Shanshui Cement appoints Liu Yiu Keung Stephen as Chairman<0691.HK>
Thursday, 2 Jun 2016 10:21am EDT 

China Shanshui Cement Group Ltd <0691.HK>: Appointment of chairman <0691.HK> . Liu yiu keung stephen currently an executive director of the company, has been appointed as the chairman .  Full Article

China Shanshui Cement says Li Liufa resigns as Chairman<0691.HK>
Wednesday, 1 Jun 2016 10:02am EDT 

China Shanshui Cement Group Ltd <0691.HK>: Resignation of executive director and chairman <0691.HK> . Li liufa tendered his resignation as an executive director, the chairman . Exploring various fund raising options, including equity fund raising, to resolve financial difficulties of the group .  Full Article

China Shanshui Cement Group updates on loan agreement<0691.HK>
Tuesday, 24 May 2016 07:47am EDT 

China Shanshui Cement Group Ltd <0691.HK>: A shareholder's loan <0691.HK> . The company, as borrower, entered into a loan agreement with tianrui group company limited . Pursuant to loan agreement, tianrui group has agreed to grant a loan facility of approximately USD30.1 million to co . Board is consulting its financial advisor, in relation to fund raising options to deal with the outstanding bonds .  Full Article

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