Key Developments: China United Travel Co Ltd (600358.SS)

600358.SS on Shanghai Stock Exchange

7.31CNY
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¥-0.17 (-2.27%)
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¥7.48
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Latest Key Developments (Source: Significant Developments)

China United Travel Co Ltd to apply for credit line
Thursday, 11 Sep 2014 08:00pm EDT 

China United Travel Co Ltd:To apply for credit line of 45 mln yuan from Jiangsu branch of Bank of Communications Co., Ltd, with a term of one year and interest rate of 10 pct above benchmark.  Full Article

China United Travel appoints general manager
Thursday, 21 Aug 2014 08:00pm EDT 

China United Travel Co Ltd:Appoints Jin Yan as general manager of the company.  Full Article

China United Travel subsidiary to sell 19 pct stake in Nanjing-based business administration company
Wednesday, 11 Jun 2014 08:00pm EDT 

China United Travel Co Ltd:Says its wholly owned subsidiary, to sell 19 pct stake in a Nanjing-based business administration company.Buyer of a Nanjing-based department store.Transaction price is about 82.65 mln yuan.The subsidiary currently holding 19 pct stake in the Nanjing-based business administration company.  Full Article

China United Travel Co Ltd announces private placement
Wednesday, 21 May 2014 08:00pm EDT 

China United Travel Co Ltd:To issue up 134,357,005 A shares at price of 5.21 yuan per share through private placement to four companies.To raise up 700 mln yuan in total.Proceeds raised will be used to repay loan and supplement liquidity.  Full Article

China United Travel Co Ltd announces change in shareholding structure
Thursday, 8 May 2014 08:00pm EDT 

China United Travel Co Ltd:A tourism company based in Zhejiang is holding 3.14 pct (13,546,766 shares) stake in the company down from 8.86 pct (38,275,628 shares).  Full Article

China United Travel announces no dividend payment for FY 2013
Tuesday, 15 Apr 2014 08:00pm EDT 

China United Travel Co Ltd:To pay no dividend to shareholders for the fiscal year 2013.  Full Article

China United Travel Co Ltd announces change of chairman and CFO
Tuesday, 15 Apr 2014 08:00pm EDT 

China United Travel Co Ltd:Says chairman Wang Weimin filed for resignation from chairman.To resign after appointment of new chairman.Appoints Li Qiang as chief financial officer to replace Wu Lianhe.  Full Article

China United Travel Co Ltd announces FY 2013 net profit outlook
Friday, 24 Jan 2014 07:00pm EST 

China United Travel Co Ltd:Sees net profit for fiscal year (FY) 2013 to be 5,000,000 yuan to 15,000,000 yuan, compared to the net profit of FY 2012 (-56,060,000 yuan).Says sale of stake in three Nanjing-based companies by subsidiary is the main reason for the forecast.  Full Article

China United Travel Co Ltd announces changes of shareholding structure
Monday, 13 Jan 2014 07:00pm EST 

China United Travel Co Ltd:Says the company's top shareholder, CITS GROUP CORPORATION, signed an agreement with a Xiamen-based investment group on Jan. 10.Says CITS GROUP CORPORATION will transfer its holdings of a 17.03 pct (73,556,106 shares) stake in the company to the Xiamen-based investment group.Says CITS GROUP CORPORATION holds no stake in the company after the transaction.Says the Xiamen-based investment group will become the top shareholder of the company with holdings of a 17.03 pct (73,556,106 shares) stake in the company.  Full Article

China United Travel Co Ltd's Subsidiary to Divest Holdings in Joint Venture
Wednesday, 30 Oct 2013 08:00pm EDT 

China United Travel Co Ltd announced that its wholly owned subsidiary, a Nanjing-based hot spring development company, has decided to transfer its holdings of a 40% stake in a joint venture, a Nanjing-based business management company, to a Nanjing-based trading company, for RMB 50 million.  Full Article

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