Key Developments: China Shenhua Energy Co Ltd (1088.HK)

1088.HK on Hong Kong Stock

21.80HKD
24 Jul 2014
Price Change (% chg)

HK$0.20 (+0.93%)
Prev Close
HK$21.60
Open
HK$21.45
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HK$21.95
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HK$21.45
Volume
11,995,396
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HK$27.20
52-wk Low
HK$19.12

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Latest Key Developments (Source: Significant Developments)

China Shenhua Energy announces 2013 dividend payment date
Thursday, 3 Jul 2014 08:00pm EDT 

China Shenhua Energy Co Ltd:To pay cash dividend of 0.91 yuan per 10 shares (before tax) to shareholders for 2013 as a record of July 11.The company's shares will be traded ex-right and ex-dividend on July 14 and the dividend will be paid on July 14.  Full Article

China Shenhua Energy Co Ltd announces appointment of new chairman and new president
Friday, 27 Jun 2014 09:45am EDT 

China Shenhua Energy Co Ltd:Zhang Yuzhuo, vice chairman and executive director of second session of board of company, was elected and appointed as chairman of second session of board of company with effect from June 27.Ling Wen, executive director and president of company, was elected and appointed as vice chairman of second session of board of company with effect from June 27.Han Jianguo, executive director and senior vice president of company, was appointed as President of company with effect from June 27.  Full Article

China Shenhua Energy issues 2014 third tranche short-term financing notes
Friday, 20 Jun 2014 08:00pm EDT 

China Shenhua Energy Co Ltd:Issued third tranche of short-term financing notes for year 2014 worth 10 bln yuan, on June 16, with a term of 270 days and coupon rate of 4.73 pct.Issue price at 100 yuan per face value of 100 yuan and maturity date March 14, 2015.Industrial and Commercial Bank of China as main underwriter.  Full Article

China Shenhua Energy Co Ltd does not declare dividend
Friday, 25 Apr 2014 04:56am EDT 

China Shenhua Energy Co Ltd:Company does not have any plans to declare or distribute quarterly dividend.  Full Article

China Shenhua Energy Co Ltd's Lodestar Investment Pte Ltd announces establishment of a joint venture for the construction of a railway project at Sino-Mongolian border crossing
Wednesday, 9 Apr 2014 07:22am EDT 

China Shenhua Energy Co Ltd:Says Lodestar Investment Pte Ltd enters into a shareholders agreement and the articles of association of Gashuunsukhait Railway LLC with Erdenes Tavan Tolgoi JSC, Energy Resources LLC and Tavan Tolgoi JSC (the three companies collectively, the Mongolian Party).Gashuunsukhait Railway Company has an initial authorized capital of $0.5 mln.Gashuunsukhait Railway Company has a shareholding of 49 pct held by Shenhua Party, and a total of 51 pct held by the Mongolian Party with each of three Mongolian companies holding 17 pct respectively.Funds of the Sino-Mongolian Border Crossing Railway will be financed 70 pct with loans and 30 pct with equity capital. Shenhua Party will be responsible for obtaining the loans.China Shenhua Overseas Development and Investment Co., Ltd., a subsidiary of the company holds 100 pct of equity interest.  Full Article

China Shenhua Energy announces 2013 dividend payment
Friday, 28 Mar 2014 08:00pm EDT 

China Shenhua Energy Co Ltd:To pay cash dividend of 0.91 yuan per 10 shares (before tax) to shareholders for 2013.  Full Article

China Shenhua Energy Co Ltd proposes final dividend
Friday, 28 Mar 2014 10:24am EDT 

China Shenhua Energy Co Ltd:Proposes a final dividend of 0.91 yuan per share.  Full Article

China Shenhua Energy issues FY 2014 first tranche super short-term financing notes
Tuesday, 11 Mar 2014 08:00pm EDT 

China Shenhua Energy Co Ltd:Issued first tranche of super short-term financing notes for fiscal year 2014 worth 5 bln yuan, on March 10.The notes are each with issue price at 100 yuan per face value of 100 yuan, interest rate 5.10 pct and maturity date Dec. 5.Industrial and Commercial Bank of China served as main underwriter.  Full Article

China Shenhua Energy Co Ltd announces resignation of chairman
Wednesday, 5 Mar 2014 03:19am EST 

China Shenhua Energy Co Ltd:Received the resignation of Zhang Xiwu from the posts of chairman.The resignation takes effect immediately.Vice chairman Zhang Yuzhuo, shall perform the duties of chairman with immediate effect until a new chairman of the board is elected.  Full Article

China Shenhua Energy Co Ltd to acquire companies
Monday, 23 Dec 2013 07:00pm EST 

China Shenhua Energy Co Ltd:Says it will acquire 100 pct stake in a Baotou-based coal chemical company from Shenhua Group Corporation Limited, as well as 100 pct stake in a power generation company from a Beijing-based power company.Says transaction price is to be determined.  Full Article

Hong Kong, China shares produce slim gains on solid GDP data

* China Shenhua down to 7-week low after coal price-cut (Updates to midday)

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