Key Developments: China Coal Energy Co Ltd (1898.HK)

1898.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Inner Mongolia Yuan Xing Energy to transfer equity shares to China Coal Energy
Tuesday, 1 Apr 2014 08:00pm EDT 

Inner Mongolia Yuan Xing Energy Co Ltd:To transfer entire holdings of 25 pct stake in an Inner Mongolia-based new energy chemical engineering company to China Coal Energy, which holds a 75 pct stake in target company.Transaction price 50.28 million yuan.To hold no stake in target company after transaction.  Full Article

China Coal Energy to provide guarantee
Tuesday, 18 Mar 2014 08:00pm EDT 

China Coal Energy Co Ltd:To provide guarantee for methanol and acetic acid project of an energy chemical subsidiary, for 9 bln yuan.  Full Article

China Coal Energy Co Ltd proposes final dividend
Tuesday, 18 Mar 2014 07:49am EDT 

China Coal Energy Co Ltd:Proposes to distribute a final dividend for 2013 to equity holders of 1,072,681,000 Yuan (0.081 per share Yuan).  Full Article

China Coal Energy Co Ltd gives FY 2013 net profit outlook below analysts' estimates
Friday, 24 Jan 2014 03:42am EST 

China Coal Energy Co Ltd:Sees FY 2013 net profit attributable to shareholders decrease by 55 pct-65 pct as compared to FY 2012.Says decrease in the net profit attributable is due to continuing downturn of coal market, constant decline in the price of coal and corresponding decrease in the profit of coal enterprises caused by slowdown in the macroeconomic growth and adjustment of national energy strategy.The company reported net profit of 8.842 bln Yuan for FY 2013.FY 2013 net profit of 5.040 bln Yuan - Thomson Reuters I/B/E/S.  Full Article

China Coal Energy Co Ltd Issues Second Tranche of Mid-term Note for FY 2013
Sunday, 22 Sep 2013 08:00pm EDT 

China Coal Energy Co Ltd announced that it has issued RMB 5 billion second tranche of mid-term notes for the fiscal year 2013. The notes are with a term of seven years and interest rate of 5.60% and each with a coupon rate of RMB 100.  Full Article

China Coal Energy Co Ltd Not To Distribute Interim Dividends
Tuesday, 20 Aug 2013 06:53am EDT 

China Coal Energy Co Ltd announced that announced that The Company will not distribute any interim dividends for 2013.  Full Article

China Coal Energy Co Ltd to Issue First Tranche of Mid-term Note for FY 2013
Sunday, 28 Jul 2013 08:00pm EDT 

China Coal Energy Co Ltd announced that it has decided to issue a RMB 5 billion first tranche of mid-term notes for the fiscal year 2013. The notes are with a term of seven years and interest rate of 5.26% and each with a coupon rate of RMB 100.  Full Article

China Coal Energy Co Ltd Announces FY 2012 Dividend Payment Date
Monday, 20 May 2013 08:00pm EDT 

China Coal Energy Co Ltd announced that it will pay a cash dividend of RMB 0.1995 per share (after tax) to shareholders of record on May 24, 2013. The Company's shares will be traded ex-dividend on May 27, 2013 and the dividend will be paid on June 5, 2013.  Full Article

China Coal Energy Co Ltd Recommends Final Dividend
Friday, 15 Mar 2013 06:43am EDT 

China Coal Energy Co Ltd announced that the Board recommended the payment of final dividends of RMB0.210 per share (inclusive of tax) for the year 2012, which is subject to the approval by the Company‚Äôs shareholders at the annual general meeting to be held on May 13, 2013.  Full Article

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