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Shang Gong Group Co Ltd (600843.SS)

600843.SS on Shanghai Stock Exchange

12.95CNY
25 May 2017
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Latest Key Developments (Source: Significant Developments)

Shang Gong and unit to set up three sales JVs in India, Russia and Bangladesh
Thursday, 6 Apr 2017 12:01am EDT 

Shang Gong Group Co Ltd <600843.SS> : Says it and unit will set up sales JV in India, named DAP India Co.,Ltd, which will be capitalized at €70,000 . It and unit will set up sales JV in Russia, named DAP Russia Co., Ltd, which will be capitalized at €20,000 . It and unit will set up sales JV in Bangladesh, named DAP Bangladesh Co., Ltd, which will be capitalized at €20,000 .The co will invest up to €1 million in the three JVs respectively.  Full Article

Shang Gong Group scraps asset restructuring plan
Thursday, 21 Jul 2016 06:30am EDT 

Shang Gong Group Co Ltd <600843.SS> :Says it scraps asset restructuring plan.  Full Article

Shang Gong Group says top shareholder changes
Thursday, 30 Jun 2016 11:38pm EDT 

Shang Gong Group Co., Ltd. <600843.SS>: Says State-owned Assets Supervision and Administration Commission of Shanghai Pudong New Area People's Government has transferred 60 million shares to a Shanghai investment firm .Says the Shanghai investment firm has become top shareholder of the co, holding 10.9 percent stake.  Full Article

SGSB Group to provide 170 mln yuan loan guarantee for unit
Sunday, 17 Apr 2016 08:00pm EDT 

SGSB Group Co Ltd:Says it to provide loan guarantee of 170 million yuan for its Europe-based sewing equipment unit.  Full Article

SGSB Group announces no dividend payment for 2015
Monday, 21 Mar 2016 08:00pm EDT 

SGSB Group Co Ltd:To pay no dividend to shareholders for 2015.  Full Article

SGSB Group to merge with subsidiary
Monday, 21 Mar 2016 08:00pm EDT 

SGSB Group Co Ltd:Says it will merge with a wholly owned subsidiary based in Shanghai, which is engaged in the sale of sewing equipment and accessories.Says the subsidiary will be dissolved after merger.Says record date of Dec. 31, 2015.  Full Article

SGSB Group to set up joint venture
Tuesday, 29 Sep 2015 08:00pm EDT 

SGSB Group Co Ltd:To set up joint venture with ZHEJIANG GEMSY MECHANICAL&ELECTRICAL, in Taizhou.To hold 60 pct stake in the JV, which engaged in sewing machine and accessories.  Full Article

SGSB Group to invest in H. Stoll AG & Co. KG through subsidiary
Friday, 28 Aug 2015 08:00pm EDT 

SGSB Group Co Ltd:To invest about 28.5 mln euros in Germany-based company H. Stoll AG & Co. KG through subsidiary.Subsidiary to hold 26 pct stake in H. Stoll AG & Co. KG.  Full Article

SGSB Group cancels stake acquisition
Friday, 28 Aug 2015 08:00pm EDT 

SGSB Group Co Ltd:Cancels acquisition of a 100 pct stake in a Jiangsu-based electromechanical science and technology company.  Full Article

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