Key Developments: Titan Petrochemicals Group Ltd (1192.HK)

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Latest Key Developments (Source: Significant Developments)

Titan Petrochemicals Group Ltd announces change of chief executive
Wednesday, 22 Oct 2014 09:30am EDT 

Titan Petrochemicals Group Ltd:Announces that Zhao Xu Guang, the chairman, has been appointed as chief executive with effect from Oct. 23.Announces that Tang Chao Zhang ceased to be the chief executive of the company with effect from Oct. 23 but remains as executive director.  Full Article

Titan Petrochemicals Group Ltd not to declare interim dividend
Monday, 1 Sep 2014 12:04am EDT 

Titan Petrochemicals Group Ltd:Does not recommend to declare any interim dividend for the first half of 2014.  Full Article

Titan Petrochemicals Group Ltd gives H1 2014 profit outlook
Friday, 1 Aug 2014 04:16am EDT 

Titan Petrochemicals Group Ltd:Says based on the preliminary assessment by the group's management of the unaudited management accounts.The group expects to record a substantial profit for H1 2014 mainly due to the reversal of amounts due to the deconsolidated subsidiaries during H1 2014.  Full Article

Titan Petrochemicals Group Ltd not to declare interim dividend
Friday, 30 May 2014 04:29am EDT 

Titan Petrochemicals Group Ltd:Does not recommend to declare any interim dividend for H1 2013.  Full Article

Titan Petrochemicals Group Ltd not to declare dividend
Monday, 5 May 2014 07:19am EDT 

Titan Petrochemicals Group Ltd:Proposed not to declare any dividend for the 2013 fiscal year.  Full Article

Titan Petrochemicals Group Ltd settlement agreement with Camden, Edinburgh And Mayfair
Monday, 5 May 2014 06:40am EDT 

Titan Petrochemicals Group Ltd:Says the company, Titan Storage Limited, a subsidiary of the company, KTL Camden Inc, Edinburgh Navigation S.A, and KTL Mayfair Inc. (Mayfair, together with Camden and Edinburgh, the Creditors) are parties to the respective arbitration proceedings.In relation to the claims by the creditors against TSL and the company arising out of certain bareboat charters entered into between the Creditors and TSL in 2010 and the related guarantees or alleged guarantees entered into by the company.Says the company and TSL has entered into a settlement agreement.Pursuant to which the parties have agreed on the amounts of the claims by Camden, Edinburgh and Mayfair to be recognized as unsecured claims in the proposed debt restructuring of the company.Says that promptly and in any event within three business days of the date of the settlement agreement, the parties will take all steps reasonably required to effect a stay of the arbitration proceeding.Says that promptly and in any event within three business days upon the Settlement Payment has been made, the parties will take all steps to inform the arbitral tribunal that the Arbitration Proceedings have been settled and/or terminated.  Full Article

Titan Petrochemicals Group Ltd does not declares dividend
Friday, 2 May 2014 12:00am EDT 

Titan Petrochemicals Group Ltd:Says it do not recommend the payment of any dividend in respect of the year ended Dec. 31, 2013 (2012: Nil).  Full Article

Titan Petrochemicals Group Ltd does not recommend interim dividend
Wednesday, 9 Apr 2014 04:38am EDT 

Titan Petrochemicals Group Ltd:Says board does not recommend the payment of an interim dividend for the period ended June 30, 2012 (period ended June 30, 2011: Nil).  Full Article

Titan Petrochemicals Group Ltd gives H1 2013 earnings guidance
Friday, 28 Mar 2014 07:31am EDT 

Titan Petrochemicals Group Ltd:Expects to record a substantial loss for H1 2013 mainly due to the impairment loss recognized in respect of amounts due from the deconsolidated subsidiaries during H1 2013.  Full Article

Titan Petrochemicals Group Ltd announces further delay in publication of FY 2013 interim results and delay in publication of the 2013 annual results
Thursday, 27 Feb 2014 05:10am EST 

Titan Petrochemicals Group Ltd:Refers to the announcement made on Jan. 24, in relation to, among other things, the delay in publication of the unaudited interim results of the Group for the six months ended June 30, 2013 (the 2013 Interim Results).According to the delay announcement, it would seek to release the 2013 interim results on or before March 01.as additional time is required to finalise the 2013 interim results, the board of the company expects that the publication of the 2013 Interim results will be further delayed.Says it seek to release the FY 2013 interim results on or before March 31.  Full Article

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