Key Developments: Nine Dragons Paper (Holdings) Ltd (2689.HK)

2689.HK on Hong Kong Stock

6.13HKD
23 May 2013
Price Change (% chg)

HK$-0.10 (-1.61%)
Prev Close
HK$6.23
Open
HK$6.23
Day's High
HK$6.30
Day's Low
HK$6.04
Volume
8,195,180
Avg. Vol
15,267,910
52-wk High
HK$7.94
52-wk Low
HK$3.09

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Latest Key Developments (Source: Significant Developments)

Nine Dragons Paper (Holdings) Ltd Declares Interim Dividend
Monday, 18 Mar 2013 05:19am EDT 

Nine Dragons Paper (Holdings) Ltd announced that its Board has declared and approved an interim dividend of RMB2.0 cents (equivalent to approximately HK2.47 cents) per Share for the Period, which is expected to be payable to the shareholders by post on or before Thursday, May 30, 2013. The dividend will be payable to the shareholders whose names appear on the register of members of the Company at the close of business on Thursday, May 16, 2013.  Full Article

Nine Dragons Paper (Holdings) Ltd Declares Interim Dividend
Sunday, 24 Feb 2013 05:11am EST 

Nine Dragons Paper (Holdings) Ltd announced that the Board has declared and approved an interim dividend of RMBD0.020 (equivalent to approximately HKD0.0247) per share for the Period, which is expected to be payable to the shareholders by post on or before May 30, 2013. The dividend will be payable to the shareholders whose names appear on the register of members of the Company at the close of business on May 16, 2013. The translation of RMB into Hong Kong dollars is made at the exchange rate of HKD1.00 to RMB0.81065 as at February 22, 2013 for illustration purpose only. The actual translation rate for the purpose of dividend payment in Hong Kong dollars will be subject to exchange rate at the remittance date.  Full Article

Nine Dragons Paper (Holdings) Ltd Declares Final Dividend
Monday, 29 Oct 2012 04:38am EDT 

Nine Dragons Paper (Holdings) Ltd announced that the Board of Director has recommend the payment of a final dividend of RMB5.0 cents (equivalent to approximately HK6.1 cents) per share for FY2012, which is expected to be paid on January 18, 2013 subject to the approval of 2012 AGM. The final dividend will be paid to the shareholders whose names appear on the register of members of the Company at the close of business on December 8, 2012  Full Article

Nine Dragons Paper Holdings Limited Announces Issue Of Short-Term Commercial Paper By A Subsidiary In The PRC
Wednesday, 7 Dec 2011 07:08am EST 

Nine Dragons Paper Holdings Limited announced that Dongguan Sea Dragon, an indirect non-wholly-owned subsidiary of the Company, completed the issue of the Short-Term Commercial Paper on December 7, 2011. The aggregate principal amount of the Short-Term Commercial Paper is RMB1.0 billion. The Short-Term Commercial Paper has a term of 366 days at the prevailing interest rate. Interests will accrue from December 7, 2011. Both the par value and the issuing price of the Short-Term Commercial Paper are RMB100 per unit. Bank of China Ltd. and Bank of Communications Co., Ltd. acted as the Joint Lead Manager. Bank of China Ltd. acted as the Bookrunner. Proceeds from the issue of the Short-Term Commercial Paper will be mainly used to repay the existing bank borrowings and finance the working capital requirement of the Group.  Full Article

Nine Dragons Paper Holdings Limited Recommends Final Dividend
Wednesday, 19 Oct 2011 04:38am EDT 

Nine Dragons Paper Holdings Limited announced that the Board has resolved to recommend the payment of a final dividend of RMB0.08(equivalent to approximately HKD0.098) per share for FY2011, which is expected to be paid on December 9, 2011, subject to the approval of the forthcoming annual general meeting dated November 21, 2011. The final dividend will be paid to the shareholders whose names appear on the register of members of the Company at the close of business on November 30, 2011. The translation of RMB into Hong Kong dollars is made at the exchange rate of HKD1.00 = RMB0.81929 as at September 20, 2011, for illustration purpose only. The actual translation rate for the purpose of dividend payment in Hong Kong dollars will be subject to exchange rate at the remittance date.  Full Article

Nine Dragons H1 net profit down 21 pct to 658.5 mln yuan

Feb 24 - For a full statement on the results of Nine Dragons Paper (Holdings) Ltd, which is a top packaging supplier, please click on: http://www.hkexnews.hk/listedco/listconews/sehk/2013/0224/LTN20130224013.PDF (Reporting by Raymond Leung in HONG KONG; Editing by Mark Potter)

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