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

1066.HK on Hong Kong Stock

6.19HKD
21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Shandong Weigao Group Medical Polymer Co enters sale and purchase agreement with Weigao Holding
Thursday, 1 Jun 2017 06:49am EDT 

June 1 (Reuters) - Shandong Weigao Group Medical Polymer Co Ltd <1066.HK> ::Company as purchaser entered into sale and purchase agreement with Weigao Holding as vendor.Company agreed to acquire and Weigao Holding agreed to sell property for a total consideration of RMB83.9 million.  Full Article

Shandong Weigao Group Medical Polymer announces acquisition of properties worth RMB187.2 mln
Thursday, 1 Jun 2017 06:44am EDT 

June 1 (Reuters) - Shandong Weigao Group Medical Polymer Co Ltd <1066.HK>::Company entered into sale and purchase agreement with Weihai Weigao Real Estate Development Co.Deal for acquisition of properties as staff quarters at Shandong Province, prc for RMB 187.2 million.  Full Article

Shandong Weigao Group Medical Polymer enters equity transfer agreements
Thursday, 1 Jun 2017 06:34am EDT 

June 1 (Reuters) - Shandong Weigao Group Medical Polymer Co Ltd <1066.HK>::Equity transfer agreement A was entered into between co and Weihai Weigao Foosin Medical Supplies Inc.Consideration of equity transfer agreement A is RMB8 million.As result of disposals, it is expected that group will incur a net loss of approximately RMB4 million.Proceeds from disposals will be approximately RMB16 million.Equity transfer agreement B was entered into between Wellford Capital and Weihai Weigao Foosin Medical Supplies.Agreement B in relation to disposal B at a consideration of rmb8 million.  Full Article

Shandong Weigao Group Medical Ploymer announces termination of multiple transactions
Thursday, 30 Mar 2017 05:59am EDT 

Shandong Weigao Group Medical Ploymer Co Ltd <1066.HK>- : Co and Weigao Logistic, among others, entered into termination agreement to terminate asset transfer agreement . Company And Shiyou Chemical entered into termination agreement to terminate share transfer agreement . Company and Winbase International entered into termination agreement to terminate compensation agreement . Winbase International and company entered into termination agreement to terminate subscription agreement . Co and Winbase International and placees entered into termination agreements in respect of placing agreements ."Termination of agreements has no material adverse impact on existing business or financial position of group".  Full Article

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