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

2600.HK on Hong Kong Stock

3.32HKD
22 Jul 2014
Price Change (% chg)

HK$0.23 (+7.44%)
Prev Close
HK$3.09
Open
HK$3.16
Day's High
HK$3.33
Day's Low
HK$3.15
Volume
57,354,623
Avg. Vol
8,221,443
52-wk High
HK$3.33
52-wk Low
HK$2.38

Search Stocks

Latest Key Developments (Source: Significant Developments)

Aluminum Corp Of China Ltd Decreases Holdings in Jiaozuo Wanfang Aluminum Manufacturing Co Ltd
Thursday, 2 May 2013 08:00pm EDT 

Aluminum Corp Of China Ltd announced that its holdings in Jiaozuo Wanfang Aluminum Manufacturing Co Ltd (Jiaozuo Wanfang) decreased from 24.002% to 17.75%, due to its subscription of no share in Jiaozuo Wanfang's private placement of 169,266,914 A shares at RMB 10.64 per share.  Full Article

Rio Tinto PLC, Aluminum Corp Of China Ltd, Glencore International PLC Vie To Mine Bauxite In Australia-Reuters
Wednesday, 24 Apr 2013 02:59am EDT 

Reuters reported that Rio Tinto PLC, Aluminum Corp Of China Ltd and Glencore International PLC are among five companies short-listed by Australia to mine vast bauxite deposits in the country that have been left dormant for decades. The three firms have each applied for leases to exploit bauxite deposits in the Aurukun district of Queensland state, where reserves are considered sufficient to support production of 6.5 million tonnes per year, the Queensland state government said. The candidates, which also include Australian Indigenous Resources and Cape Alumina Consortium, have until mid-September to submit detailed mining proposals, according to a statement by Jeff Sweeney, Queensland's deputy premier.  Full Article

Aluminum Corp Of China Ltd Announces Change in Accounting Policy
Wednesday, 27 Mar 2013 08:00pm EDT 

Aluminum Corp Of China Ltd announced that it will change its accounting policy, regarding the depreciation provision method of aluminum processing equipment, from straight-line depreciation method to units-of-production method, effective July 1, 2012.  Full Article

Aluminum Corp Of China Ltd Announces No Dividend Payment for FY 2012
Wednesday, 27 Mar 2013 08:00pm EDT 

Aluminum Corp Of China Ltd announced that it will pay no dividend to shareholders for fiscal year 2012.  Full Article

Aluminum Corp Of China Ltd gives Q1 2013 earnings guidance
Wednesday, 27 Mar 2013 07:00am EDT 

Aluminum Corp Of China Ltd:Expects that it will record losses for Q1 2013.  Full Article

Aluminum Corp Of China Ltd Announces Resignation Of CFO
Friday, 8 Mar 2013 04:01am EST 

Aluminum Corp Of China Ltd announced that due to job re-designation, Mr. Liu Caiming resigned as the Senior Vice President, Chief Financial Officer (CFO) and member of the Executive Committee of the Company, and Mr. Ding Haiyan resigned as the Vice President and member of the Executive Committee of the Company. As recommended by the Nomination Committee of the Company, the Board appointed Mr. Xie Weizhi as the Vice President, Chief Financial Officer and member of the Executive Committee of the Company.  Full Article

Aluminum Corp Of China Ltd Announces FY 2012 Net Profit Outlook In Line With Analysts' Estimate
Tuesday, 29 Jan 2013 07:00pm EST 

Aluminum Corp Of China Ltd announced that it expects a loss for fiscal year (FY) 2012, compared to the net profit of FY 2011 (RMB 237,974,000). The Company cited the lower aluminum price and the increased alumina costs the main reason for the forecast. According to I/B/E/S Estimates, analysts expect the Company's net profit for fiscal year 2012 to be RMB -5,510.07 million.  Full Article

Aluminum Corp Of China Ltd Comments On Q3, FY 2012 Earnings Guidance
Tuesday, 29 Jan 2013 08:00am EST 

Aluminum Corp Of China Ltd announced that for the third quarter of 2012, it expects a loss in its accumulated net profit for fiscal 2012. The Company also announced that, for fiscal 2012, it expects net profit attributable to the equity holders of the Company will post loss.  Full Article

Aluminum Corp Of China Ltd Acquires Equity Shares; Announces Capital Injection
Thursday, 3 Jan 2013 07:00pm EST 

Aluminum Corp Of China Ltd announced that it signed an agreement with Huadian Power International Corp Ltd to acquire a 23.66% stake in a Ningxia-based power generation group company, which is engaged in the coal, thermal power, wind power, photovoltaic materials and photovoltaic power generation and related equipment manufacturing, at a price of RMB 1.36 billion. The Company has already announced that it planned to acquire a 35.3% stake in the target company on August 14, 2012. After the equity acquisition, the Company will also inject RMB 2 billion into the target company, to increase its holdings to 70.82%.  Full Article

Aluminum Corp Of China Ltd Announces Termination Of Share Sale And Purchase Agreement And Proposed Acquisition Of 29.9% Interest In Winsway Coking Coal Holdings Limited
Friday, 28 Sep 2012 08:02am EDT 

Aluminum Corp Of China Ltd announced that with reference to the announcement dated April 23, 2012, the shareholders’ circular dated June 8, 2012 and the announcement dated June 29, 2012 of Aluminum Corporation of China Limited, which set out further details of the proposed acquisition of 29.9% interest in Winsway Coking Coal Holdings Limited and details of the Acquisition being considered and passed at the annual general meeting of the Company on June 29, 2012. Unless the context otherwise requires, capitalized terms used in this announcement shall have the same meanings ascribed to such terms in the announcement of the Company dated April 23, 2012. Due to the fact that the Company is unable to complete the process for the obtaining of the necessary approvals from relevant PRC and overseas government and regulatory authorities in respect of the Acquisition by September 30, 2012, the long-stop date for the fulfillment of the conditions precedent under the Share Sale and Purchase Agreement, the parties to the Share Sale and Purchase Agreement have agreed on September 28, 2012 to terminate the agreement and the transaction contemplated thereunder, namely the acquisition of 29.9% interest in Winsway Coking Coal Holdings Limited, with effect from September 28, 2012.  Full Article

Search Stocks