Key Developments: Dr Peng Telecom and Media Group Co Ltd (600804.SS)

600804.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

DR. PENG TELECOM&MEDIA GROUP CO., LTD. announces 2013 dividend payment date
Tuesday, 17 Jun 2014 08:00pm EDT 

DR. PENG TELECOM&MEDIA GROUP CO., LTD:Says it will pay cash dividend of 1 yuan per 10 shares (before tax) to shareholders of record on June 23 for 2013.The company's shares will be traded ex-dividend on June 24 and the dividend will be paid on June 24.  Full Article

DR. PENG TELECOM&MEDIA GROUP announces business tax to VAT
Monday, 5 May 2014 08:00pm EDT 

DR. PENG TELECOM&MEDIA GROUP CO., LTD:Says the company will be levied value added tax (VAT) of 6 pct instead of business tax for its main business, according to notice of Ministry of Finance and State Administration of Taxation.  Full Article

DR. PENG TELECOM&MEDIA GROUP CO., LTD. announces FY 2013 dividend payment
Friday, 11 Apr 2014 08:00pm EDT 

DR. PENG TELECOM&MEDIA GROUP CO., LTD:To pay cash dividend of 1 yuan per 10 shares (before tax) to shareholders for the fiscal year 2013.  Full Article

DR. PENG TELECOM&MEDIA GROUP signs cooperation agreement with China Mobile
Wednesday, 2 Apr 2014 08:00pm EDT 

DR. PENG TELECOM&MEDIA GROUP CO., LTD:Signed cooperation agreement with China Mobile on April 1, for mobile communication resale business.  Full Article

DR. PENG TELECOM&MEDIA GROUP signs non-binding agreement with Sprint Solutions
Tuesday, 11 Mar 2014 08:00pm EDT 

DR. PENG TELECOM&MEDIA GROUP CO., LTD:Signed non-binding agreement with Sprint Solutions Inc. on March 10, for cooperation in Internet business including provision of mobile virtual network operator (MVNO) service.To set up a new company in U.S for MVNO project.  Full Article

DR. PENG TELECOM&MEDIA GROUP CO., LTD. announces FY 2013 net profit outlook below analysts' estimate
Monday, 20 Jan 2014 07:00pm EST 

DR. PENG TELECOM&MEDIA GROUP CO., LTD:Sees net profit for fiscal year (FY) 2013 to be 434 million yuan or to increase by 110 pct, compared to the net profit of FY 2012 (206,517,400 yuan).Says steady improvement of broadband business, introduction of contents provider and application of data and cloud computing technology are the main reasons for the forecast.FY 2013 net profit of 456,310,000 yuan - Thomson Reuters I/B/E/S.  Full Article

DR. PENG TELECOM&MEDIA GROUP CO., LTD. signs MOU for cooperation with KT CORPORATION
Friday, 3 Jan 2014 07:00pm EST 

DR. PENG TELECOM&MEDIA GROUP CO., LTD and KT CORPORATION:Says signed a memorandum of understanding for cooperation with KT CORPORATION on Jan. 3.Says to cooperate on Internet data center (IDC) business, to supply service including cloud computing.Says to establish a joint venture in China, for the development, construction, operation and maintenance of a new IDC that will be based on the cloud computing platform of KT CORPORATION.Says the two companies aims to promote their information communication technology (ICT) solutions and services through the joint venture.Says the MOU will be valid until June 30.  Full Article

DR. PENG TELECOM&MEDIA GROUP CO., LTD. to acquire stake in CITIC Networks
Tuesday, 24 Dec 2013 07:00pm EST 

DR. PENG TELECOM&MEDIA GROUP CO., LTD:Says it will acquire a 10 pct stake in CITIC Networks from CITIC Group Corporation in order to cooperate in operation of a network business with CITIC Networks.  Full Article

DR. PENG TELECOM&MEDIA GROUP CO., LTD. to establish joint venture
Tuesday, 24 Dec 2013 07:00pm EST 

DR. PENG TELECOM&MEDIA GROUP CO., LTD:Says it will establish a joint venture with a Xi'an-based education investment company.Says the joint venture will be engaged in communication system integration, network media information service, electronic products, wireless application service, computer information system integration, e-commerce, advertising and technology business, with a registered capital of 10 million yuan.Says the company and the Xi'an-based company will hold 80 pct and 20 pct stakes in the joint venture respectively.  Full Article

DR. PENG TELECOM&MEDIA GROUP CO., LTD. completes acquisition of Great Wall Broadband Network Service Co., Ltd.
Friday, 29 Nov 2013 07:00pm EST 

DR. PENG TELECOM&MEDIA GROUP CO., LTD:Says it has completed to acquire a 50 pct stake in Great Wall Broadband Network Service Co., Ltd. from CITIC Networks.Says it wholly owns Great Wall Broadband Network Service after the transaction.  Full Article

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