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Anhui Water Resources Development Co Ltd (600502.SS)

600502.SS on Shanghai Stock Exchange

8.10CNY
24 Aug 2016
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Latest Key Developments (Source: Significant Developments)

Anhui Water Resources to acquire construction engineering firm for 3 bln yuan
Tuesday, 14 Jun 2016 07:35am EDT 

Anhui Water Resources Development Co Ltd <600502.SS> : Says to acquire Anhui Construction Engineering Group for 3.03 billion yuan ($459.72 million) .Says to raise 1.79 billion yuan in private placement of shares to fund projects.  Full Article

Anhui Water Resources Development to pay 2015 dividend on June 2
Friday, 27 May 2016 04:08am EDT 

Anhui Water Resources Development Co Ltd <600502.SS> : To pay a cash dividend of 0.6 yuan (before tax) per 10 shares and distribute two new shares for every 10 shares as stock dividends, to shareholders of record on June 1, for 2015 . To use additional paid-in capital to distribute five new shares for every 10 shares .Says the company's shares will be traded ex-right and ex-dividend on June 2 and the dividend will be paid on June 2.  Full Article

Anhui Water Resources Development unit wins bid to acquire land
Tuesday, 26 Apr 2016 08:00pm EDT 

Anhui Water Resources Development Co Ltd:Says wholly owned Anhui-based real estate subsidiary won bid to acquire using right of land located in Bengbu, China, for 408.53 mln yuan.  Full Article

Anhui Water Resources Development to set up project company
Monday, 25 Apr 2016 08:00pm EDT 

Anhui Water Resources Development Co Ltd:To set up a new project company in Bin County, with Bin-based water company.The joint venture will be engaged in construction and management of the reservoir business, with a registration capital of 449 million yuan.The company will hold a 51 pct stake in the joint venture.  Full Article

Anhui Water Resources Development to acquire Anhui Construction&Engineering Group for 1.99 bln yuan
Wednesday, 30 Mar 2016 08:00pm EDT 

Anhui Water Resources Development Co Ltd:Says to issue 280.5 million A shares at 11.18 yuan per share for proceeds of 3.14 billion yuan to fully acquire Anhui Construction&Engineering Group.Says to raise up to 1.788 billion yuan via private placement to eight parties.Says the target company, also as the previous top shareholder, Anhui Construction&Engineering Group's stake in the company to decrease to 0 percent from 16.07 percent (85.5 million shares).Says the transaction counter party, which is also the indirect shareholder of the company, its stake will rise to 31.6 percent (280.5 million shares) from 0 percent.  Full Article

Anhui Water Resources Development announces 2015 dividend payment
Friday, 11 Mar 2016 07:00pm EST 

Anhui Water Resources Development Co Ltd:To use undistributed profits to pay a cash dividend of 0.6 yuan (pre-tax) per 10 shares to shareholders for 2015.To distribute two new share for every 10 shares as stock dividends.To use additional paid-in capital to distribute five new shares for every 10 shares.  Full Article

Anhui Water Resources Development to provide loan guarantee for two subsidiaries
Friday, 11 Mar 2016 07:00pm EST 

Anhui Water Resources Development Co Ltd:To provide loan guarantee of totaling 850 million yuan for its two wholly owned subsidiaries, with a term of two years.  Full Article

Anhui Water Resources Development wins two bids worth 1.2 bln yuan
Friday, 4 Mar 2016 07:00pm EST 

Anhui Water Resources Development Co Ltd:Says wins a greenery landscape EPC bid with bid price of 924 million yuan.Says wins a bid of a river comprehensive treatment project with bid price of 299 million yuan.  Full Article

Anhui Water Resources Development wins bid
Friday, 22 Jan 2016 07:00pm EST 

Anhui Water Resources Development Co Ltd:Wins a bid to undertake export enterprises cultivation base construction service in Jieshou City.Bid price of 409 mln yuan.Construction period of 500 days.  Full Article

Anhui Water Resources Development signs merger framework agreement
Friday, 15 Jan 2016 07:00pm EST 

Anhui Water Resources Development Co Ltd:Signs merger framework agreement with Anhui ConstructionEngineering Group and Anhui-based water conservancy construction engineering company.Before the merger, Anhui-based water conservancy construction engineering company will transfer 16.7 pct stake in the company to the Anhui ConstructionEngineering Group for free.The company to merge with Anhui ConstructionEngineering Group.The company will survive and Anhui ConstructionEngineering Group will be dissolved after the merger.  Full Article