Key Developments: Bank of Communications Co Ltd (3328.HK)

3328.HK on Hong Kong Stock

7.52HKD
22 May 2015
Change (% chg)

HK$0.04 (+0.53%)
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HK$7.48
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Latest Key Developments (Source: Significant Developments)

Bank of Communications Co Ltd to set up representative office in Rio de Janeiro
Thursday, 22 May 2014 08:00pm EDT 

Bank of Communications Co Ltd:Agree to set up representative office in Rio de Janeiro.  Full Article

Bank of Communications Co Ltd proposes change of auditors
Friday, 9 May 2014 04:31am EDT 

Bank of Communications Co Ltd:Will not reappoint Deloitte Touche Tohmatsu and Deloitte Touche Tohmatsu CPA LLP at the AGM.To propose the appointment of PricewaterhouseCoopers as the international auditor and PricewaterhouseCoopers Zhong Tian LLP as the domestic auditor of the Bank for the year 2014.  Full Article

Bank of Communications to set up branch in Brisbane
Tuesday, 29 Apr 2014 08:00pm EDT 

Bank of Communications Co Ltd:Agreed to set up branch in Brisbane.  Full Article

Bank of Communications Co Ltd announces renewal of agreement with HSBC
Tuesday, 29 Apr 2014 06:23am EDT 

Bank of Communications Co Ltd:Bank and HSBC renewed agreement on April 29 for term of three years commencing from June 1 and expiring on May 31, 2017.Agreement engaged in various kinds of transactions in normal course of banking business with members of the HSBC Group.  Full Article

Bank of Communications announces change in accounting policy
Sunday, 30 Mar 2014 08:00pm EDT 

Bank of Communications Co Ltd:Agreed to change accounting policy related to employee compensation for welfare benefit plan after retirement.  Full Article

Bank of Communications Co Ltd announces FY 2013 dividend payment
Sunday, 30 Mar 2014 08:00pm EDT 

Bank of Communications Co Ltd:To pay cash dividend of 0.26 yuan per share (before tax) to shareholders for the fiscal year 2013.  Full Article

Bank of Communications to establish company in Luxembourg
Sunday, 30 Mar 2014 08:00pm EDT 

Bank of Communications Co Ltd:To invest 100 mln euros to establish a wholly owned subsidiary in Luxembourg, with the name of Bank of Communications (Luxembourg) Limited.  Full Article

Bank of Communications Co Ltd to issue tier-2 capital instruments with write-down feature
Monday, 20 Jan 2014 07:00pm EST 

Bank of Communications Co Ltd:Says to issue tier-2 capital instruments with write-down feature worth up to 40 billion yuan, with a term of no less than five years.Says the coupon rate will be determined according to market rate.Says proceeds will be used for tier-2 capital.  Full Article

Tian Jin Global Magnetic Card Co Ltd announces settlement of lawsuit with branch of Bank of Communications Co Ltd
Monday, 9 Dec 2013 07:00pm EST 

Bank of Communications Co Ltd:Tian Jin Global Magnetic Card Co Ltd reached a settlement for a lawsuit, which Tianjin Branch of Bank of Communications Co Ltd (plaintiff) filed against a Tianjin-based communication center company (defendant) regarding loan dispute with Tian Jin Global Magnetic Card as guarantor.Tian Jin Global Magnetic Card will pay principal of 17,952,544.38 yuan to the plaintiff in place of the defendant, by Dec. 13.  Full Article

Bank of Communications Co Ltd to sell yuan bonds in Taiwan - Reuter
Friday, 29 Nov 2013 03:38am EST 

Bank of Communications Co Ltd:Says it will sell yuan bonds in Taiwan at a yield of 3.4 percent - Reuters.Says the book runner is HSBC.  Full Article

China's BoCom buys 80 pct of Brazil's BBM in $173 mln deal

SHANGHAI/BEIJING May 20 - Bank of Communications Co Ltd (BoCom) said it had bought around 80 percent of Brazilian lender Banco BBM SA for about 525 million real ($173.13 million) in the first overseas acquisition by China's fifth-largest lender.

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