Key Developments: Grinm Semiconductor Materials Co Ltd (600206.SS)
10.56CNY
3 Apr 2013
¥-0.43 (-3.91%)
¥10.99
¥10.89
¥10.94
¥10.46
5,377,011
3,351,454
¥13.08
¥7.89
Latest Key Developments (Source: Significant Developments)
Grinm Semiconductor Materials Co Ltd to Apply for Comprehensive Credit Line
Grinm Semiconductor Materials Co Ltd announced that it will apply to China Construction Bank for a comprehensive credit line of up to RMB 60 million, with a term of up to one year. Full Article
Grinm Semiconductor Materials Co Ltd to Issue New Shares through Private Placement
Grinm Semiconductor Materials Co Ltd announced that it has decided to issue 60,349,434 shares, with par value of RMB 1 per share, at the price of RMB 9.73 per share, or RMB 587,199,992.82 in total, to General Research Institute for Nonferrous Metals. As a result, General Research Institute for Nonferrous Metals will increase the stake in the Company, from 884,332,900,000 shares (40.66% stake) to 1,487,827,240,000 shares (53.55% stake). Full Article
Grinm Semiconductor Materials Co Ltd to Apply for Comprehensive Credit Line
Grinm Semiconductor Materials Co Ltd announced that it will apply to China Merchants Bank for a comprehensive credit line of up to RMB 80 million, with a term of up to one year. Full Article
Grinm Semiconductor Materials Co Ltd Announces Change of CFO
Grinm Semiconductor Materials Co Ltd announced the change of Chief Financial Officer from Ms. Weng Liping to Ms. Zhao Caixia, effective April 9, 2013. Full Article
Grinm Semiconductor Materials Co Ltd Announces No Dividend Payment for FY 2012
Grinm Semiconductor Materials Co Ltd announced that it will pay no dividend to shareholders for fiscal year 2012. Full Article
Grinm Semiconductor Materials Co Ltd Announces FY 2012 Net Profit Outlook Below Analysts' Estimate
Grinm Semiconductor Materials Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to be RMB -126 million, compared to the net profit of FY 2011 (RMB 6,297,800). The Company cited the impact of national control policy for real estate industry as 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 65.25 million. Full Article
Grinm Semiconductor Materials Co Ltd Announces Change of Accounting Auditor
Grinm Semiconductor Materials Co Ltd announced the change of its accounting auditor for fiscal year 2012 from PKF DAXIN Certified Public Accountants LLP to BDO CHINA SHU LUN PAN Certified Public Accountants LLP. Full Article
Grinm Semiconductor Materials Co Ltd to Issue New Shares in Private Placement
Grinm Semiconductor Materials Co Ltd announced that it will issue up to 61 million A shares of common stock with par value of RMB 1 per share at not less than RMB 9.73 per share in private placement. The Company aims to raise up to RMB 587.2 million through the issuance. Full Article
Grinm Semiconductor Materials Co., Ltd. Amends Private Placement Plan
Grinm Semiconductor Materials Co., Ltd. announced that it has amended its private placement plan of issuing up to 40 million A shares at not less than RMB 14.68 per share, which was previously announced on May 24, 2011. According to the new plan, the Company will issue up to 55 million A shares of common stock with par value of RMB 1 per share at not less than RMB 10.78 per share, still to raise up to RMB 587.2 million in private placement. Full Article
Grinm Semiconductor Materials Co., Ltd. Announces No Dividend Payment for FY 2011
Grinm Semiconductor Materials Co., Ltd. announced that it will pay no dividend to shareholders for fiscal year 2011. Full Article
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