Key Developments: China Shenhua Energy Co Ltd (1088.HK)
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3:38am EDT
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HK$26.90
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22,938,188
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HK$35.45
HK$24.15
Latest Key Developments (Source: Significant Developments)
China Shenhua Energy Co Ltd Recommends Final Dividend
China Shenhua Energy Co Ltd announced that the Board recommends payment of a final dividend for 2012 of RMB0.96 (2011: RMB0.90) per share inclusive of tax) with a total amount of approximately RMB19.094 billion (inclusive of tax). Full Article
China Shenhua Energy Co Ltd to Set up Subsidiary
China Shenhua Energy Co Ltd announced that it will invest RMB 50 million to set up a wholly owned subsidiary, a Yongzhou-based power generation company. Full Article
China Shenhua Energy Co Ltd to Issue Mid-term Bills and Ultra-short-term Financing Notes
China Shenhua Energy Co Ltd announced that it will apply to issue RMB 50 billion worth of mid-term bills, with a term of five to eight years, and RMB 20 billion worth of ultra-short-term financing notes, with a term of up to 270 days. Full Article
China Shenhua Energy Co Ltd Announces Proposed Appointment Of Auditors
China Shenhua Energy Co Ltd announced that its Board of Directors has resolved to propose to appoint Deloitte Touche Tohmatsu (Deloitte) and Deloitte Touche Tohmatsu CPA Ltd. (Deloitte China) as the international and the PRC auditors of the Company for the year of 2013 (the Proposal). The Board has also resolved to appoint Deloitte and Deloitte China as the international and the PRC auditors of the Company for the year of 2014 and 2015, and propose that the Board shall submit the proposal for the approval by the general meeting each year as required by the Articles of Association of the Company. Full Article
Guangdong Baolihua New Energy Stock Co Ltd Signs Strategic Cooperative Framework Agreement
Guangdong Baolihua New Energy Stock Co Ltd announced that it has signed a strategic cooperative framework agreement with China Shenhua Energy Co Ltd, for their cooperation on port, coal reservation base and energy projects, research and development of clean energy and renewable energy, as well as development of ocean resources. Full Article
China Shenhua Energy Co Ltd to Set up Subsidiary
China Shenhua Energy Co Ltd announced that it will invest RMB 50 million to set up a wholly owned subsidiary, a technology research institute company. Full Article
China Shenhua Energy Co Ltd Announces Establishment Of Joint Venture Shenhua Funeng Power Generation Co., Ltd
China Shenhua Energy Co Ltd on August 16, 2012, Shenhua Fujian Energy Co., Ltd. (the Shenhua Fujian Company), a wholly owned subsidiary of the Company entered into an agreement with Fujian Energy Group Co., Ltd. (the Fujian Energy Group) in relation to the establishment of the joint venture Shenhua Funeng Power Generation Co., Ltd. Shenhua Fujian Company will make capital injection of RMB 1,322,429,617.76 in cash, representing 51% equity interests in Shenhua Funeng Company, while Fujian Energy Group will make capital injection with the following assets and equity interests, representing 49% equity interests in Shenhua Funeng Company: investment assets of Phase II Project and Phase III Project of Hongshan Thermal Power Co., Ltd. located at Hongshan Town, Shishi City, Fujian Province, each with planned installed capacity of 2×1000MW (the preparatory work of Phase II Project is underway); 64% equity interests in Longyan Power Generation Co., Ltd. (operating installed capacity of 4×135MW); 75% equity interests in Yanshi Power Generation Co., Ltd. (operating installed capacity of 2×300MW), in which Longyan Power Generation Co., Ltd. holds 25% equity interests; and 51% equity interests in Jinjiang Thermal Power Co., Ltd. (operating installed capacity of 2×50MW for Phase I, planned installed capacity of 2×50MW for Phase II). Full Article
China Shenhua Energy Company Limited Announces FY 2011 Dividend Payment Date
China Shenhua Energy Company Limited announced that it will pay a cash dividend of RMB 0.81 per share (after tax) to shareholders of record on June 8, 2012. The Company's shares will be traded ex-dividend on June 11, 2012 and the dividend will be paid on June 15, 2012. Full Article
China Shenhua Energy Company Limited Announces FY 2010 Dividend Payment Date
China Shenhua Energy Company Limited announced that it will use undistributed profits to pay the cash dividend of RMB 0.675 per share (after tax) to shareholders of record on June 10, 2011. The Company's shares will be traded ex-dividend on June 13, 2011. Full Article
Hong Kong shares to start down 0.3 pct, China Shenhua slides
HONG KONG, May 13 - Hong Kong shares are set the start the week lower on Monday, with coal producer China Shenhua Energy leading losses among Hang Seng Index components with a 2 percent slide.
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