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China Dredging Environment Protection Holdings Ltd (0871.HK)

0871.HK on Hong Kong Stock

0.68HKD
29 Sep 2016
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HK$0.01 (+1.49%)
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Latest Key Developments (Source: Significant Developments)

China Dredging Environment Protection Holdings Ltd updates on disposal of equity interests in a subsidiary
Wednesday, 9 Mar 2016 09:14am EST 

China Dredging Environment Protection Holdings Ltd:Says vendor and the purchaser entered into the agreement.Says the total consideration is RMB85.8 million.Estimated that the group will record a gain on disposal of approximately RMB26.9 million.Pursuant to agreement,purchasers agreed to acquire and the vendor agreed to sell 100% equity interest in the targetco.Vendor is Jiangsu xingyu holding group, a unit of co.  Full Article

China Dredging Environment Protection Holdings issues FY 2015 profit warning
Wednesday, 2 Mar 2016 07:39am EST 

China Dredging Environment Protection Holdings Ltd:Expects to record a decrease in the group's after-tax net profit for FY 2015 by approximately 275%.Group's revenue for the year ended 31 December 2015 is expected to record a decrease by approximately 23%.Decrease in revenue was mainly due to the slow-down of construction progress of several dredging projects.  Full Article

China Dredging Environment Protection Holdings Ltd updates regarding proposed formation of joint venture
Friday, 18 Sep 2015 07:21am EDT 

China Dredging Environment Protection Holdings Ltd:Voluntary announcement: updates regarding the proposed formation of joint venture.Jiangsu province finance office has approved the formation of the jv by the jv parties.Total registered capital of jv initially approved by Jiangsu province finance office is US$20 million.Refers to company's announcement dated 16 may 2015.Says as at September 18, the registered capital has not been injected by the jv parties.  Full Article

China Dredging Environment Protection Holdings Ltd gives FY 2014 net profit outlook
Tuesday, 3 Mar 2015 06:46pm EST 

China Dredging Environment Protection Holdings Ltd:Expects to record decline in the company's after-tax net profit for FY 2014 by about 40 pct. as compared with that for FY 2013 (where the company's after-tax net profit for FY 2013 amounted to about 181 million yuan).Such decrease is mainly attributable to factors as mentioned in Feb. announcement and also (1) fair value adjustment recognised on accounts receivables and (2) allowance for bad and doubtful debts recognised in FY 2014.  Full Article

China Dredging Environment Protection Holdings Ltd gives FY 2014 guidance
Monday, 16 Feb 2015 08:52am EST 

China Dredging Environment Protection Holdings Ltd:Expects to record decrease in net profit for FY 2014 as compared to that for FY 2013.Says that its revenue for FY 2014 is also expected to record decrease as compared to that for FY 2013 but to lesser extent compared to expected decrease in net profit.  Full Article

China Dredging Environment Protection Holdings Ltd announces completion of placing of T2 placing shares under general mandate
Monday, 2 Feb 2015 04:54am EST 

China Dredging Environment Protection Holdings Ltd:Announced the completion of the T2 Placing took place on Feb. 02.Says an aggregate of 85,560,000 placing shares, representing about 8.33 pct of the company after the completion of the T2 Placing, have been allotted and issued by the company under the general mandate to the Placee at the Placing Price of HK$1.38 per Placing Share.Says net proceeds from the T2 Placing, after the deduction of the commission payable to the Placing Agent and other related expenses incurred in the Placing, of about HK$118 mln are intended to be used for general working capital purpose.  Full Article

China Dredging Environment Protection Holdings Ltd announces completion of placing of T1 placing shares under general mandate
Friday, 30 Jan 2015 06:10am EST 

China Dredging Environment Protection Holdings Ltd:Says the condition precedent to the placing has been fulfilled and the completion of the T1 Placing took place on Jan. 30.Says an aggregate of 85,560,000 placing shares have been allotted and issued by the company under the general mandate to the Placee at the Placing Price of HK$1.38 per Placing Share.Says the net proceeds from the T1 Placing, after the deduction of the commission payable to the Placing Agent and other related expenses incurred in the Placing, of about HK$117.3 mln are intended to be used for general working capital purpose.  Full Article