Key Developments: Shinva Medical Instrument Co Ltd (600587.SS)

600587.SS on Shanghai Stock Exchange

35.27CNY
1:33am EDT
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¥0.25 (+0.71%)
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¥35.02
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¥35.00
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¥35.60
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¥34.70
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Latest Key Developments (Source: Significant Developments)

Shinva Medical Instrument adjusts share issuance plan for stake acquisition and fund raising
Tuesday, 5 Aug 2014 08:00pm EDT 

Shinva Medical Instrument Co Ltd:To issue 5,593,797 shares at 39.66 yuan per share to 10 individuals and 2 companies, in exchange for 51 pct stake in a Chengdu-based medical equipment company (target company).To pay cash 147,900,000 yuan to 10 individuals and 3 companies in exchange of 34 pct stake in the target company.Transaction price valued at 369,750,000 yuan.To issue no more than 3,452,380 shares at no less than 35.70 yuan per share through private placement, to raise up to 123,250,000 yuan.The proceeds will be used for the stake acquisition.  Full Article

Shinva Medical Instrument issues H1 2014 net profit outlook
Wednesday, 23 Jul 2014 08:00pm EDT 

Shinva Medical Instrument Co Ltd:Sees net profit for the H1 2014 to increase 40 pct to 45 pct.The net profit of the same period in 2013 was 109,053,400 yuan.Comments that favorable business performance as the main reason for the forecast.  Full Article

Shinva Medical Instrument Co Ltd announces 2013 dividend payment date
Monday, 14 Jul 2014 08:00pm EDT 

Shinva Medical Instrument Co Ltd:To pay a cash dividend of 1.2 yuan (before tax) per 10 shares and use additional paid-in capital to distribute 10 new shares for every 10 shares, to shareholders of record on July 18 for 2013.Says the company's shares will be traded ex-right and ex-dividend on July 21 and the dividend will be paid on July 21.  Full Article

Shinva Medical Instrument to provide loan guarantee for subsidiary
Friday, 6 Jun 2014 08:00pm EDT 

Shinva Medical Instrument Co Ltd:To provide loan guarantee of 150 million yuan for a Shanghai-based medical device subsidiary, which is engaged in storage of medical device, after-sales service, technical support and wholesale of medical apparatus and instruments.The loan guarantee is with a term of one year.  Full Article

Shinva Medical Instrument Co Ltd announces FY 2013 dividend payment
Friday, 18 Apr 2014 08:00pm EDT 

Shinva Medical Instrument Co Ltd:To pay a cash dividend of 1.2 yuan (pre-tax) per 10 shares to shareholders for the fiscal year 2013.To use additional paid-in capital to distribute 10 new shares for every 10 shares.  Full Article

Shinva Medical Instrument to issue shares for stake acquisition and fund raising
Friday, 18 Apr 2014 08:00pm EDT 

Shinva Medical Instrument Co Ltd:To issue 2,793,025 shares at 39.66 yuan per share to 10 individuals and 2 companies, in exchange for 51 pct stake in a Chengdu-based medical equipment company (target company), for 221,850,000 yuan.To pay cash 147,900,000 yuan to 10 individuals and 3 companies in exchange of 34 pct stake in the target company.Transaction price valued at 369,750,000 yuan.To issue no more than 1,724,017 shares at no less than 71.49 yuan per share through private placement, to raise up to 123,250,000 yuan.The proceeds will be used for the stake acquisition.  Full Article

Shinva Medical Instrument announces FY 2013 dividend payment
Tuesday, 11 Mar 2014 08:00pm EDT 

Shinva Medical Instrument Co Ltd:To use undistributed profits to pay cash dividend of 1.2 yuan (pre-tax) per 10 shares, and use additional paid-in capital to distribute 10 new shares for every 10 shares, to shareholders for fiscal year 2013.  Full Article

Shinva Medical Instrument Co Ltd to apply for comprehensive credit line
Thursday, 27 Feb 2014 07:00pm EST 

Shinva Medical Instrument Co Ltd:To apply for comprehensive credit line of 100 million yuan to Industrial and Commercial Bank of China, with a term of one year.  Full Article

Shinva Medical Instrument Co Ltd announces FY 2013 net profit outlook in line with I/B/E/S estimate
Sunday, 12 Jan 2014 07:00pm EST 

Shinva Medical Instrument Co Ltd:Sees net profit for the fiscal year (FY) 2013 to increase by 40 pct to 45 pct.Says the net profit of the same period in FY 2012 was 163.311 million yuan.Says the reason for positive outlook is due to strengthened research and development as well as capital operation.FY 2013 net income of 233.99 million yuan - Thomson Reuters I/B/E/S.  Full Article

Shinva Medical Instrument Co Ltd to provide loan guarantee
Friday, 10 Jan 2014 07:00pm EST 

Shinva Medical Instrument Co Ltd:Says to provide loan guarantee of 192.15 million yuan for its Hong Kong-based wholly owned subsidiary, a company engaged in research and development, export and import, information service and investment business, with a term of one year.Says to provide loan guarantee of 20 million yuan for its Shandong-based subsidiary, a hospital investment and management company, with a term of one year.  Full Article

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