Key Developments: China Dredging Environment Protection Holdings Ltd (0871.HK)

0871.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

China Dredging Environment Protection Holdings Ltd does not declare dividend
Thursday, 27 Mar 2014 08:31am EDT 

China Dredging Environment Protection Holdings Ltd:Says it do not recommend the payment of any final dividend for the year ended 2013 (2012: nil).  Full Article

China Dredging Environment Protection Holdings Ltd's subsidiary announces dredging contract
Friday, 24 Jan 2014 09:39am EST 

China Dredging Environment Protection Holdings Ltd:Says a subsidiary Jiangsu Xingyu Port Construction Co Ltd enters into a reclamation dredging contract with a state-owned enterprise (customer A’) and.Enters into a dredging-related construction contract (construction contract) with another state-owned enterprise (Customer B).Under the dredging contract, Jiangsu Xingyu has agreed to provide reclamation dredging services in connection with the comprehensive beach-rehabilitation project from chengtong river segment to Fu Shantang segment, changjiang river region, the People’s Republic of China, (PRC).The works are expected to last for about 158 days, commencing in Mar. 2014 and ending in Dec. 2014.The estimated revenue of such works under the Dredging Contract is about 62 million Yuan (equivalent to about HK$79 million).  Full Article

Xiangyu Dredging Holdings Ltd announces name change to China Dredging Environment Protection Holdings Limited
Monday, 13 Jan 2014 08:54am EST 

China Dredging Environment Protection Holdings Limited (formerly Xiangyu Dredging Holdings Ltd):Says its name has been changed from Xiangyu Dredging Holdings Limited to China Dredging Environment Protection Holdings Limited.Says with effect from Jan. 17, the Shares will be traded under the new stock short name.Says the english stock short name of the company will be changed from XIANGYU DREDG to CH DREDG ENV.Says the website address of the company will be changed from www.xiangyu.com.hk to www.cdep.com.hk.Says the stock code of the company will remain unchanged as 871.  Full Article

Xiangyu Dredging Holdings Ltd Announces Name Change To China Dredging Environment Protection Holdings Limited
Monday, 18 Nov 2013 04:09am EST 

Xiangyu Dredging Holdings Ltd announced that the Board proposed the name of the Company be changed from Xiangyu Dredging Holdings Limited to China Dredging Environment Protection Holdings Limited.  Full Article

Xiangyu Dredging Holdings Ltd Proposes Issue Of 3% Convertible Bonds Due 2016
Monday, 28 Oct 2013 06:13pm EDT 

Xiangyu Dredging Holdings Ltd announced that it has entered into the Agreement with the Subscriber which is an Independent Third Party. Pursuant to the Agreement, the Company has agreed to issue and the Subscriber has agreed to subscribe (or procure nominee (which shall be an affiliate of the Subscriber) to subscribe) for the Bonds whose aggregate principal amounts are HKD243 million. The Bonds are convertible into new ordinary shares of HKD0.10 each in the Company at the initial Conversion Price of HKD2.70 per Conversion Share and on the terms summarised below in this announcement. The net proceeds to be raised from the issue of the Bonds are estimated to be about HKD242 million, after deducting professional fees and all related expenses. The Company plans to use such proceeds for capital expenditures, repayment of bank borrowings and working capital purposes.  Full Article

Xiangyu Dredging Holdings Ltd Does Not Declare Dividend
Thursday, 29 Aug 2013 10:26am EDT 

Xiangyu Dredging Holdings Ltd announced that the Directors have determined that no dividend will be paid in respect of the six months ended June 30, 2013 (2012: HKD0.02 per share)  Full Article

Xiangyu Dredging Holdings Ltd Declares Interim Dividend; Does Not Recommend Final Dividend
Tuesday, 26 Mar 2013 10:00am EDT 

Xiangyu Dredging Holdings Ltd announced that on August 13, 2012, the Directors have resolved to declare an interim dividend of HK2 cents per share. The Directors do not recommend the payment of any final dividend for the year ended 2012 (2011: nil).  Full Article

Xiangyu Dredging Holdings Ltd Comments On FY 2012 Profit Guidance
Tuesday, 22 Jan 2013 08:00am EST 

Xiangyu Dredging Holdings Ltd announced that for fiscal 2012, it expects to record a considerable decrease in net profit for fiscal 2012 as compared to that for fiscal 2011. The Company's revenue for fiscal 2012 is also expected to record a decrease as compared to that for fiscal 2011 but at an extent less than the expected decrease in net profit.  Full Article

Xiangyu Dredging Holdings Ltd Announces Interim Dividend
Monday, 13 Aug 2012 07:12am EDT 

Xiangyu Dredging Holdings Ltd announced that the Directors have resolved to declare an interim dividend of HKD0.02 per share for the six months ended June 30, 2012 (2011: nil). The date of closure of register of members of the Company for the purpose of determining the identity of shareholders to be entitled to receive the interim dividend and the payment date of the said interim dividend will be announced later.  Full Article

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