Key Developments: Aluminum Corp of China Ltd (2600.HK)

2600.HK on Hong Kong Stock

2.97HKD
17 Apr 2014
Price Change (% chg)

HK$0.03 (+1.02%)
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HK$2.94
Open
HK$2.96
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Volume
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Latest Key Developments (Source: Significant Developments)

Aluminum Corp Of China Ltd's subsidiary Issue of $400 mln 6.25 pct senior perpetual capital securities
Friday, 11 Apr 2014 04:35am EDT 

Aluminum Corp Of China Ltd:Enters into the subscription agreement in relation to the issue of $400 mln 6.25 pct senior perpetual capital securities by the Issuer.Estimated proceeds from the Securities Issue will be $400 mln.Proceeds in relation to the Securities Issue will be on-lent to the company or any of its subsidiaries for general corporate use.  Full Article

Aluminum Corp Of China announces no dividend payment for FY 2013
Tuesday, 18 Mar 2014 08:00pm EDT 

Aluminum Corp Of China Ltd:To pay no dividend to shareholders for fiscal year 2013.  Full Article

Aluminum Corp Of China Ltd does not propose final dividend
Tuesday, 18 Mar 2014 10:25am EDT 

Aluminum Corp Of China Ltd:Says board did not propose any final dividend for the year ended Dec. 31, 2013.  Full Article

Aluminum Corp Of China Ltd announces FY 2013 net profit outlook
Friday, 10 Jan 2014 07:00pm EST 

Aluminum Corp Of China Ltd:Sees net profit for fiscal year (FY) 2013 to be 1,000 million yuan, compared to the net profit of FY 2012 (-8,233,750 yuan).Says decrease in production cost of aluminum oxide and electrolytic aluminum is the main reason for the forecast.  Full Article

Jiaozuo Wanfang Aluminum Manufacturing Co Ltd to invest in Aluminum Corp Of China Ltd's subsidiary
Friday, 27 Dec 2013 07:00pm EST 

Aluminum Corp Of China Ltd:Jiaozuo Wanfang Aluminum Manufacturing Co Ltd will invest 389,333,330.90 yuan in a wholly owned subsidiary (target company) of Aluminum Corp Of China Ltd.Jiaozuo Wanfang Aluminum Manufacturing will hold a 20 pct stake in the target company after the capital injection.Aluminum Corp Of China Ltd will hold a 75 pct stake in its subsidiary, down from 100 pct.Another company will hold a 5 pct stake in the target company.The target company is engaged in mining, smelting and processing of rare earth and other nonferrous metal.  Full Article

Aluminum Corp Of China Ltd Announces Issue Of Capital Securities By Subsidiary
Thursday, 24 Oct 2013 12:01am EDT 

Aluminum Corp Of China Ltd announced that the Issuer (a wholly owned subsidiary of the Company), the Subsidiary Guarantors, HSBC, ANZ and Natixis entered into the Subscription Agreement in relation to the issue of USD350,000,000; 6.625% senior perpetual capital securities by the Issuer. The issuer intends to on-lend the proceeds from the offering to the Company or any of subsidiaries for general corporate use.  Full Article

Aluminum Corp Of China Ltd's Wholly Owned Subsidiary Announces Issue Of USD350,000,000 6.625% Senior Perpetual Capital Securities
Wednesday, 23 Oct 2013 06:59am EDT 

Aluminum Corp Of China Ltd announced that on October 22, 2013, the Company, the Issuer (a wholly owned subsidiary of the Company), the Subsidiary Guarantors, HSBC, ANZ and Natixis entered into the Subscription Agreement in relation to the issue of USD350,000,000 6.625% senior perpetual capital securities by the Issuer. The proceeds in relation to the Securities Issue will be on-lent to the Company or any of its subsidiaries for general corporate use. Issue price is 100% of the principal amount of the Securitie. The Securities will be issued in registered form in the denomination of USD200,000 each and integral multiples of USD1,000 in excess thereof. Issue date is October 29, 2013. There is no maturity date.  Full Article

Aluminum Corp Of China Ltd Announces Corrective Actions of Branch
Monday, 14 Oct 2013 08:00pm EDT 

Aluminum Corp Of China Ltd announced that its Lanzhou banach has taken corrective actions according to the problems identified during the inspection by Department of Environmental Protection. The problems include the non-installation of online monitoring equipment and long-term open dumps of hazardous waste in aluminum plant of the branch, as well as the putting waste mineral oil into burn coal in captive power plant of the branch.  Full Article

Aluminum Corp Of China Ltd Announces Proposed Transfer Of 65% Equity Interest Held By Chalco Hong Kong Ltd. In Chalco Iron Ore Holding Ltd.
Monday, 30 Sep 2013 08:24am EDT 

Aluminum Corp Of China Ltd announced that Chalco Hong Kong, a wholly-owned subsidiary of the Company established in Hong Kong, proposes to transfer its 65% equity interest in Chalco Iron Ore, and Chinalco Overseas Holdings, a wholly-owned subsidiary of Chinalco established in Hong Kong, proposes to acquire such Target Equity. This transaction will constitute a related transaction.  Full Article

Aluminum Corp Of China Ltd to Subscribe Shares of Ning Xia Yin Xing Energy Co Ltd
Friday, 30 Aug 2013 08:00pm EDT 

Aluminum Corp Of China Ltd announced that it has decided to subscribe shares of Ning Xia Yin Xing Energy Co Ltd (Yin Xing Energy) in Yin Xing Energy's private placement for equity acquisition and fund raising. After that, Aluminum Corp Of China Ltd's stake in Yin Xing Energy will increase from 28.02% to 52.67%, by holding 283,505,700 shares.  Full Article

China aluminium output seen at record 24 mln T this year -Chalco

SINGAPORE, Oct 30 - Chinese aluminium output is likely to hit a record 24 million tonnes this year, a research director at the country's top producer of the metal said on Wednesday, suggesting production may ramp up towards year-end.

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