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Shandong Weigao Group Medical Polymer Co Ltd (1066.HK)

1066.HK on Hong Kong Stock

5.39HKD
27 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Shandong Weigao Group Medical Polymer co says FY turnover rmb6.73 billion
Wednesday, 22 Mar 2017 04:50am EDT 

Shandong Weigao Group Medical Polymer Co Ltd <1066.HK> : FY turnover rmb 6.73 billion versus rmb5.92 billion . Recommended the payment of a final dividend of rmb0.046 per share .FY profit for year attributable to owners of company rmb 1.11 billion versus rmb1.11 billion.  Full Article

Misonix enters into exclusive Chinese distribution agreement for BoneScalpel
Tuesday, 7 Mar 2017 06:00am EST 

Misonix Inc : Misonix, Inc. enters into exclusive Chinese distribution agreement for BoneScalpel . Misonix Inc - Entered into an exclusive distribution agreement with Shandong Weigao Orthopedic Device Company Limited .Misonix - Deal grants exclusive rights to Weigao Orthopedic for sale of Misonix's BoneScalpel in People's Republic of China,Hong Kong,Macau for 5 yrs.  Full Article

Shandong Weigao Group Medical Polymer says Cui Jin has resigned as CFO
Friday, 17 Feb 2017 05:05am EST 

Shandong Weigao Group Medical Polymer Co., Ltd <1066.HK>: Weigao Group-change Of Chief Financial Officer <1066.HK> . Cui Jin has resigned as Chief Financial Officer of company .Wu Xue Feng has been appointed as Chief Financial Officer of company.  Full Article

Shandong Weigao Group Medical Polymer renews contracts
Friday, 25 Nov 2016 06:47am EST 

Shandong Weigao Group Medical Polymer Co Ltd <1066.HK> : Group entered into financial leasing and factoring framework agreement 2016 with Weigao Holding Group . Renewed and entered into framework agreements 2016 with weigao holding group for a further term of two years .Agreement for further term of two years commencing from 1 january 2017 and expiring on 31 december 2018.  Full Article

Shandong Weigao Group Medical Polymer HY net profit RMB385.5 mln vs RMB584.4 mln<1066.HK>
Wednesday, 17 Aug 2016 05:23am EDT 

Shandong Weigao Group Medical Polymer Co Ltd <1066.HK>: Announcement of interim results for the six months ended 30 June 2016 <1066.HK> . HY revenue RMB 3.20 billion versus RMB2.88 billion year ago . HY net profit RMB 385.5 million versus RMB584.4 million year ago . The board of directors recommends the distribution of an interim dividend of RMB0.041 per share for the six months ended 30 June 2016 .  Full Article

Shandong Weigao Group Medical Polymer receives regulatory confirmation on disposal<1066.HK>
Tuesday, 19 Jul 2016 08:33am EDT 

Shandong Weigao Group Medical Polymer Co Ltd <1066.HK>: Inside information proposed disposal of 81% equity interest in Shandong Weigao Orthopaedic Device Company Limited . On 13 July 2016, the company received confirmation from the stock exchange that it may proceed with the proposed disposal . In relation to the proposed disposal, company has submitted a spin-off proposal to the stock exchange .  Full Article

Shandong Weigao Group Medical Polymer enters into agreements with Winbase International<1066.HK>
Tuesday, 14 Jun 2016 08:20pm EDT 

Shandong Weigao Group Medical Polymer Co Ltd <1066.HK>: Major transaction involving proposed disposal of 81% equity interest in weigao ortho, discloseable transaction involving possible disposal of the consideration shares, discloseable transaction involving proposed acquisition . Company and Weigao Logistic entered into asset transfer agreement with Winbase International . Expects to record decrease in net profit for six months ending June 30 . Deal for RMB4.91 billion . Expected results due to recognition of the share-based payment expenses . Company entered into share transfer agreement with shiyou chemical . Co has conditionally agreed to acquire the sale shares at a consideration of RMB1.42 billion . Winbase International and co entered into subscription agreement of cash consideration of RMB300 million .  Full Article

Shandong Weigao Group Medical Polymer updates on disposal of interest in Weigao Ortho<1066.HK>
Wednesday, 25 May 2016 10:01am EDT 

Shandong Weigao Group Medical Polymer Co Ltd <1066.HK>: Exempted connected transaction - deemed disposal of interest in weigao ortho <1066.HK> . Says weigao ortho and the subscribers entered into the subscription agreement . Deal for an aggregate consideration of approximately RMB311 million . Shandong weigao group medical polymer co - upon completion of agreement, equity interest of co in weigao ortho has been reduced from 90% to 81% . Group intends to apply the net proceeds to purchase land use right and building from the company .  Full Article

Shandong Weigao Group Medical Polymer Co Ltd updates on establishment of JV
Thursday, 7 Jan 2016 05:40am EST 

Shandong Weigao Group Medical Polymer Co Ltd:Says company entered into the joint venture agreement.Says company and weigao holding agreed to establish the joint venture company in China.Jv to engage in providing financial services in the prc, include deposit services, loan services.Says registered capital of the joint venture company shall be RMB500 million.Registered capital of jv will be funded by their own resources Profits derived from jv co shall be distributed among shareholders.  Full Article

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