Aba Chemicals Corp (300261.SZ) Key Developments | Reuters.com
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Aba Chemicals Corp (300261.SZ)

300261.SZ on Shenzhen Stock Exchange

12.48CNY
1 Jul 2016
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Latest Key Developments (Source: Significant Developments)

ABA Chemicals to pay 2015 dividend on June 1
Wednesday, 25 May 2016 04:17am EDT 

ABA Chemicals <300261.SZ>: Says it to pay a cash dividend of 0.2 yuan (before tax) per 10 shares and use additional paid-in capital to distribute 3 new shares for every 10 shares, to shareholders of record on May 31 for 2015 .Says its shares will be traded ex-right and ex-dividend on June 1 and the dividend will be paid on July 1.  Full Article

ABA Chemicals announces 2015 dividend payment
Tuesday, 19 Apr 2016 08:00pm EDT 

ABA Chemicals Corp:To use undistributed profits to pay cash dividend of 0.2 yuan per 10 shares (before tax) to shareholders for 2015.To use additional paid-in capital to distribute 3 new shares for every 10 shares.  Full Article

ABA Chemicals issues Q1 2016 net profit outlook
Sunday, 10 Apr 2016 08:00pm EDT 

ABA Chemicals Corp:Sees net profit for the first quarter of 2016 to decrease 25 pct to 45 pct, or to be 8,755,500 yuan to 11,939,300 yuan.The net profit of the same period in 2015 was 15,919,100 yuan.  Full Article

ABA Chemicals to set up subsidiary
Friday, 25 Mar 2016 08:00pm EDT 

ABA Chemicals Corp:To invest 50 million yuan to set up a wholly owned subsidiary in Shanghai.New subsidiary to be engaged in sludge reduction process, end treatment of industrial waste and soil remediation.  Full Article

ABA Chemicals acquires chemical industry company for 160 mln won
Thursday, 24 Mar 2016 08:00pm EDT 

ABA Chemicals Corp:Says it completes acquisition of 100 percent stake in a Shanghai-based chemical industry company via new shares issuance.Says transaction price of 160 million yuan.Says it has completed private placement with proceeds of 160 million yuan.  Full Article

ABA Chemicals acquires Puyi Chemical
Friday, 26 Feb 2016 07:00pm EST 

ABA Chemicals Corp:Says completes the acquisition of Puyi Chemical, a Shanghai-based technology company.Says transaction amount of 160 million yuan.  Full Article

ABA Chemicals to provide 540 mln yuan loan guarantee for units
Thursday, 4 Feb 2016 07:00pm EST 

ABA Chemicals Corp:Says to provide loan guarantee of 540 million yuan for its three units.Says loan guarantee with a term of up to three years.  Full Article

ABA Chemicals issues 2015 net profit outlook in line with I/B/E/S estimates
Thursday, 28 Jan 2016 07:00pm EST 

ABA Chemicals Corp:Sees net profit for 2015 to increase by 30 pct to 50 pct, or to be 65,675,500 yuan to 75,779,400 yuan, compared to net profit of 2014 (50,519,600 yuan).Comments that increased sales of main business is the main reason for the forecast.2015 reported net income of 74.00 million yuan – Thomson Reuters I/B/E/S.  Full Article

ABA Chemicals completes private placement of new shares
Monday, 25 Jan 2016 07:00pm EST 

ABA Chemicals Corp:Completed to issue 3,477,050 new shares at 14.38 yuan per share with amount of 49,999,979 yuan.New shares to be traded on Jan. 27.  Full Article

ABA Chemicals to issue new shares to acquire company and raise fund
Monday, 30 Nov 2015 07:00pm EST 

ABA Chemicals Corp:To issue 5,648,415 A shares at no less than 13.88 yuan per share and pay 81.6 million yuan, to six individuals, in exchange for 100 pct stake in a Shanghai-based chemical industry company.Total acquisition price is 160 million yuan.To issue up to 11,527,377 new shares at the price of no less than 13.88 yuan per share, through private placement, to raise up to 160 million yuan.Says part of the proceeds raised through private placement will be used to pay the cash consideration in the acquisition, and the rest of the proceeds will be used to pay for cost of the acquisition and repay bank loan.  Full Article