Key Developments: Maanshan Iron & Steel Co Ltd (600808.SS)

600808.SS on Shanghai Stock Exchange

1.64CNY
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Latest Key Developments (Source: Significant Developments)

Maanshan Iron & Steel Co Ltd does not recommend dividends
Wednesday, 26 Mar 2014 07:27pm EDT 

Maanshan Iron & Steel Co Ltd:Does not recommend the payment of any dividends for FY 2013.  Full Article

Maanshan Iron & Steel Co Ltd announces return of land using right
Monday, 3 Mar 2014 07:00pm EST 

Maanshan Iron & Steel Co Ltd:To return the using right of Heifei-located land measured 3,377.9 mu to Hefei government.To receive not less than 1,200 million yuan from Hefei government for the return of the land using right.  Full Article

Maanshan Iron & Steel Co Ltd gives FY 2013 net profit outlook above I/B/E/S estimates
Tuesday, 28 Jan 2014 07:00pm EST 

Maanshan Iron & Steel Co Ltd:Sees fiscal year 2013 net profit of about 150 million yuan, compared to the net profit of fiscal year 2012 (a loss of 3,863,232,500 yuan).Says the main reason is increased sales amount.FY 2013 net profit of 107.88 million yuan - Thomson Reuters I/B/E/S.  Full Article

Maanshan Iron & Steel Co Ltd gives FY 2013 profit outlook above analysts' estimates
Tuesday, 28 Jan 2014 04:36am EST 

Maanshan Iron & Steel Co Ltd:Says for FY 2013 it expects to record a profit as compared to the audited loss in the FY 2012.Says net profit attributable to equity shareholders of the company is estimated to be about 150 mln yuan.FY 2013 profit of 98 mln yuan - Thomson Reuters I/B/E/S.  Full Article

Maanshan Iron & Steel Co Ltd to acquire equity shares of Hong Kong-based company
Friday, 27 Dec 2013 07:00pm EST 

Maanshan Iron & Steel Co Ltd:Says to acquire a 11 pct stake in its Hong Kong-based 80 pct-owned subsidiary, a wholly owned subsidiary of Magang (Group) Holding Co., Ltd, for 17,044,732.96 yuan.Says the company will hold a 91 pct stake in the Hong Kong-based subsidiary after the acquisition.  Full Article

Maanshan Iron & Steel Co Ltd's subsidiary receives administrative punishment
Tuesday, 24 Dec 2013 07:00pm EST 

Maanshan Iron & Steel Co Ltd:Says its subsidiary has received an administrative punishment of a fine of 500,000 yuan, from Hefei Environmental Protection Agency on Dec. 21, due to not taking effective measures to prevent and control pollution.  Full Article

Maanshan Iron & Steel Co Ltd Issues FY 2013 First Tranche of Short-term Finance Notes
Sunday, 22 Sep 2013 08:00pm EDT 

Maanshan Iron & Steel Co Ltd announced that it has issued the first tranche of short-term financing notes for fiscal year 2013, worth of RMB 1.5 billion. The notes are each with a term of 365 days and a coupon rate of 6%. CITIC Securities Co Ltd and Industrial and Commercial Bank of China jointly served as the main underwriter.  Full Article

Maanshan Iron & Steel Co Ltd Announces Details for Sale of Assets to Magang (Group) Holding Co., Ltd.
Thursday, 22 Aug 2013 08:00pm EDT 

Maanshan Iron & Steel Co Ltd announced that it has decided to sell its assets belong to the Company's non-iron and steel related businesses to Magang (Group) Holding Co., Ltd., including a 100% stake in six companies, seven branches, a plant and 27 plots of land, which are valued at RMB 3,843,272,800 in total.  Full Article

Maanshan Iron & Steel Co Ltd Does Not Recommend Interim Dividend
Thursday, 22 Aug 2013 11:57am EDT 

Maanshan Iron & Steel Co Ltd announced that the board of directors do not recommend the payment of any interim dividend for the six months ended June 30, 2013 (June 30, 2012: Nil).  Full Article

Maanshan Iron & Steel Co Ltd Appoints Chairman
Friday, 9 Aug 2013 08:00pm EDT 

Maanshan Iron & Steel Co Ltd announced that it has appointed Mr. Ding Yi as Chairman of the Board of the Company.  Full Article

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