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Shanghai Electric Group Co Ltd (2727.HK)

2727.HK on Hong Kong Stock

4.08HKD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Shanghai Electric Group says no dividend payment for FY 2016
Sunday, 19 Mar 2017 11:22pm EDT 

Shanghai Electric Group Company Limited <601727.SS> :Says no dividend payment for FY 2016.  Full Article

Shanghai Electric Group FY profit attributable RMB2.02 bln
Friday, 17 Mar 2017 07:57am EDT 

Shanghai Electric Group Co Ltd <601727.SS>: FY profit attributable RMB2.02 billion versus RMB2.09 billion .FY revenue RMB 79.08 billion versus RMB 79.46 billion a year ago.  Full Article

Shanghai Electric says Chen Ganjin appointed as a vice president
Friday, 20 Jan 2017 03:32am EST 

Shanghai Electric Group Co Ltd <601727.SS> :Chen Ganjin has been appointed as a vice president of company.  Full Article

Shanghai Electric announces proposed issuance and placing of A shares
Tuesday, 15 Nov 2016 02:39am EST 

Shanghai Electric Group Co Ltd <601727.SS> : trading of co's a shares will remain suspended from 15 nov 2016 . Company and sec entered into acquisition agreement . deal for consideration of rmb6.63 billion . proposed to issue no more than 397.4mln a shares to four investors (including sec) at issue price of rmb7.55 per a share . proposed to buy 47.18% equity interest in shanghai prime, 50.10% equity interest in thales saic, 100% equity interest in sec property . amount of proceeds to be raised from proposed issuance and placing of a shares will be no more than rmb3bln .additional a shares will be issued by co subject to completion of transaction contemplated under acquisition agreement.  Full Article

Shanghai Electric announces proposed issuance and placing of A shares<2727.HK><601727.SS>
Monday, 14 Nov 2016 05:38pm EST 

Shanghai Electric Group Co Ltd <601727.SS> : trading of co's a shares will remain suspended from 15 nov 2016 . Company and sec entered into acquisition agreement . deal for consideration of rmb6.63 billion . proposed to issue no more than 397.4mln a shares to four investors (including sec) at issue price of rmb7.55 per a share . proposed to buy 47.18% equity interest in shanghai prime, 50.10% equity interest in thales saic, 100% equity interest in sec property . amount of proceeds to be raised from proposed issuance and placing of a shares will be no more than rmb3bln .additional a shares will be issued by co subject to completion of transaction contemplated under acquisition agreement.  Full Article

Shanghai Electric buys equity, property assets via share issue
Monday, 14 Nov 2016 07:00am EST 

Shanghai Electric Group Co Ltd <601727.SS><2727.HK> : Says it plans to buy stakes in Shanghai Prime Machinery Co Ltd <2345.HK>, Thales Saic Transportation, Shanghai Electric Group Property for 3.8 billion yuan ($555.43 million) via share issue . Says it plans to buy property assets for 2.8 billion yuan via share issue .Says it aims to raise up to 3.0 billion yuan in private placement of shares to fund projects.  Full Article

Shanghai Electric to acquire stakes in Shanghai Prime Machinery, Thales SAIC Transportation
Friday, 4 Nov 2016 04:33am EDT 

Shanghai Electric Group Co Ltd <601727.SS><2727.HK> :Says it plans to acquire assets including stakes in Shanghai Prime Machinery <2345.HK>, Thales SAIC Transportation System via share issue.  Full Article

Shanghai Electric in talks with controlling shareholder on restructuring of some assets
Thursday, 13 Oct 2016 04:07am EDT 

Shanghai Electric Group Co Ltd <601727.SS><2727.HK> :Says it is in discussion with controlling shareholder on asset restructuring involving industrial equipment and service assets.  Full Article

Shanghai Electric Group announces JV with China National Nuclear Corp
Friday, 23 Sep 2016 07:40am EDT 

Shanghai Electric Group<601727.SS> : Jv expected to develop, market and build advanced fuel candu reactor and form two new design centres . Agreement regarding setting up of a new joint venture .Signed an agreement of intent to cooperate in principle with snc-lavalin and china national nuclear corporation.  Full Article

Shanghai Electric Group updates on disposal of certain assets in Shanghai Blower
Friday, 23 Sep 2016 04:40am EDT 

Shanghai Electric Group Co Ltd <601727.SS>: Deal for consideration of rmb241.7243 million . Estimated gain from proposed disposal will be an amount equal to consideration .Board resolved to approve disposal of certain assets in shanghai blower to enterprise development company.  Full Article

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BRIEF-Shanghai Electric buys equity, property assets via share issue

* Says it plans to buy stakes in Shanghai Prime Machinery Co Ltd, Thales Saic Transportation, Shanghai Electric Group Property for 3.8 billion yuan ($555.43 million) via share issue