Key Developments: Zhejiang CONBA Pharmaceutical Co Ltd (600572.SS)

600572.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Zhejiang CONBA Pharmaceutical adjusts private placement plan
Thursday, 7 Aug 2014 08:00pm EDT 

Zhejiang CONBA Pharmaceutical Co Ltd:Amended its private placement plan of issuing up to 175 mln shares at 12 yuan per share through private placement.New plan is to issue up to 175 mln new shares at 11.84 yuan per share, for 2,072 mln yuan in total in private placement.  Full Article

Zhejiang CONBA Pharmaceutical to establish new subsidiary
Monday, 4 Aug 2014 08:00pm EDT 

Zhejiang CONBA Pharmaceutical Co Ltd:Says establishment of a wholly owned subsidiary in Guizhou, with a registered capital of 450 million yuan.The new subsidiary will be engaged in biological, pharmaceutical technology consulting services.  Full Article

Zhejiang CONBA Pharmaceutical Co Ltd announces 2013 dividend payment date
Wednesday, 18 Jun 2014 08:00pm EDT 

Zhejiang CONBA Pharmaceutical Co Ltd:Says it will pay cash dividend of 1.6 yuan per 10 shares (before tax) to shareholders of record on June 24 for 2013.The company's shares will be traded ex-dividend on June 25 and the dividend will be paid on June 25.  Full Article

Zhejiang CONBA Pharmaceutical adjusts coupon rate for 2011 corporate bonds
Monday, 5 May 2014 08:00pm EDT 

Zhejiang CONBA Pharmaceutical Co Ltd:To raise coupon rate to 6.30 pct from 5.30 pct of its 2011 corporate bonds worth 600 mln yuan, for the last two years before maturity date, effective June 8.  Full Article

Zhejiang CONBA Pharmaceutical to issue shares through private placement
Monday, 7 Apr 2014 08:00pm EDT 

Zhejiang CONBA Pharmaceutical Co Ltd:To issue up to 175 mln shares at 11.97 yuan per share, through private placement to three individuals and five investment entities.To raise up to 2,100 mln yuan for business operation.  Full Article

Zhejiang CONBA Pharmaceutical to acquire stake in Guizhou-based company
Monday, 7 Apr 2014 08:00pm EDT 

Zhejiang CONBA Pharmaceutical Co Ltd:To acquire 51 pct stake in a Guizhou-based pharmaceutical company, from Zhu Lin for 994.5 mln yuan.To hold 51 pct stake in the Guizhou-based company after transaction.  Full Article

Zhejiang CONBA Pharmaceutical Co Ltd announces FY 2013 dividend payment
Monday, 24 Feb 2014 07:00pm EST 

Zhejiang CONBA Pharmaceutical Co Ltd:To pay cash dividend of 1.6 yuan per 10 shares (before tax) to the company's shareholders for fiscal year 2013.  Full Article

Zhejiang CONBA Pharmaceutical Co Ltd decreases stake in Zhejiang Jolly Pharmaceutical Co Ltd
Thursday, 23 Jan 2014 04:05am EST 

Zhejiang Jolly Pharmaceutical Co Ltd and Zhejiang CONBA Pharmaceutical Co Ltd:Says Zhejiang CONBA Pharmaceutical Co Ltd sold 7,661,414 shares of Zhejiang Jolly Pharmaceutical Co Ltd during the period from May 30, 2013 to Jan. 22.Says Zhejiang CONBA Pharmaceutical decreased the stake in Zhejiang Jolly Pharmaceutical from 14.5 pct to 9.18 pct.  Full Article

Zhejiang CONBA Pharmaceutical Co Ltd Obtains GMP Permit
Wednesday, 13 Nov 2013 07:00pm EST 

Zhejiang CONBA Pharmaceutical Co Ltd announced that it has obtained a goods manufacturing practice (GMP) permit from Zhejiang Food and Drug Administration, for its tablet, capsule, granule, nose drops, ointments and cream preparation products, with a valid period until October 22, 2018.  Full Article

Zhejiang CONBA Pharmaceutical Co Ltd Announces FY 2013 Q1-Q3 Net Profit Outlook
Tuesday, 8 Oct 2013 08:00pm EDT 

Zhejiang CONBA Pharmaceutical Co Ltd announced that it expects its net profit for the first quarter to third quarter of fiscal year (FY) 2013 to increase approximately by 70%, compared to the net profit of the same period in FY 2012 (RMB 177,860,260.09). The Company cited the increase in sales, the consolidated financial statements, the investment income by sale of stake and assets as well as subsidy received as the main reasons for the forecast.  Full Article

BRIEF-Zhejiang Conba Pharma adjusts private placement plan, to raise 2 bln yuan

* Says adjusts share private placement plan after dividend, to issue shares at 11.84 yuan (1.9227 US dollar) per share from 12 yuan previously

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