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

1088.HK on Hong Kong Stock

22.10HKD
17 Apr 2014
Price Change (% chg)

HK$0.10 (+0.45%)
Prev Close
HK$22.00
Open
HK$21.80
Day's High
HK$22.15
Day's Low
HK$21.75
Volume
8,886,138
Avg. Vol
15,942,875
52-wk High
HK$28.20
52-wk Low
HK$18.10

Search Stocks

Latest Key Developments (Source: Significant Developments)

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 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

China Shenhua Energy Co Ltd announces joint development of shale gas project in the United States
Monday, 23 Dec 2013 07:00pm EST 

China Shenhua Energy Co Ltd:Says it will invest $90 million into an overseas investment subsidiary, to set up a subsidiary in the United States for joint development of shale gas project with Energy Corporation of America.Says the project covers 25 shale gas wells located in Pennsylvania State, with an estimated gas output of 134.3 billion cubic feet for 30 years.  Full Article

China Shenhua Energy Co Ltd announces investment in subsidiary
Monday, 23 Dec 2013 07:00pm EST 

China Shenhua Energy Co Ltd:Says it will use 88.16 pct stake, 88.46 pct stake and 90 pct stake in three railway subsidiaries respectively worth 9.726 million yuan, as well as cash of 2,000 million yuan, to invest into a wholly owned railway holding subsidiary.  Full Article

China Shenhua Energy Co Ltd announces acquisition of mining interest by joint venture of subsidiary
Thursday, 19 Dec 2013 07:00pm EST 

China Shenhua Energy Co Ltd:Says a mining company, which is a joint venture of the company's investment subsidiary, has won a bid to acquire mining interest in a coal mine located in Russia, for 247 million roubles.The mining area is 74.39 square kilometers with coal reserve of about 250 million tons.  Full Article

China Shenhua Energy Co Ltd Issues FY 2013 First Mid-term Bills
Monday, 11 Nov 2013 07:00pm EST 

China Shenhua Energy Co Ltd announced that it has completed the issuance of the first tranche of mid-term bills for fiscal year 2013, worth RMB 5 billion, as of November 11, 2013. The bonds are each with an issue price of RMB 100, a term of five years, and an interest rate of 5.49%. China Construction Bank served as the main underwriter.  Full Article

China Shenhua Energy Co Ltd to Establish Subsidiary
Friday, 27 Sep 2013 08:00pm EDT 

China Shenhua Energy Co Ltd announced that it has decided to establish a wholly owned subsidiary which will be engaged in shareholding business, with a registration capital of RMB 1 billion.  Full Article

Shenhua Energy's annual profit drops 9 pct on weaker coal prices

HONG KONG, March 28 - China Shenhua Energy Co Ltd , the country's largest coal producer, posted a 9.3 percent fall in 2013 net profit, roughly in line with forecasts, as coal prices slid amid a slowing domestic economy.

Search Stocks