Key Developments: Beijing Wangfujing Department Store (Group) Co Ltd (600859.SS)
17.40CNY
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¥-0.12 (-0.68%)
¥18.06
¥17.51
¥17.51
¥17.40
39,300
2,605,008
¥28.94
¥17.40
Latest Key Developments (Source: Significant Developments)
Beijing Wangfujing Department Store (Group) Co Ltd Announces FY 2012 Dividend Payment
Beijing Wangfujing Department Store (Group) Co Ltd announced that it will pay a cash dividend of RMB 7.00 per 10 shares (pre-tax) to shareholders for fiscal year 2012. Full Article
Beijing Wangfujing Department Store (Group) Co Ltd Announces Capital Injection into Subsidiary
Beijing Wangfujing Department Store (Group) Co Ltd announced that Taubman Zhengzhou (Hong Kong) Limited will inject RMB 221.40 million into the Company's wholly owned subsidiary, a Zhengzhou-based business management company, to hold a 49% stake. Full Article
Beijing Wangfujing Department Store (Group) Co Ltd Announces Change of Chairman
Beijing Wangfujing Department Store (Group) Co Ltd announced the change of Chairman of the Board from Mr. Zheng Wanhe to Ms. Liu Bing, effective December 12, 2012. Full Article
Beijing Wangfujing Department Store (Group) Co Ltd Issues FY 2012 Corporate Bonds
Beijing Wangfujing Department Store (Group) Co Ltd announced that it has issued RMB 2.2 billion worth of corporate bonds for fiscal year 2012, each with par value of RMB 100. Half of the bonds are with a term of five years and a coupon rate of 4.94%, while the remaining part are with a term of seven years and a coupon rate of 5.20%. China Securities Co., Ltd. served as the main underwriter. Full Article
Beijing Wangfujing Department Store (Group) Co Ltd to Issue FY 2012 Corporate Bonds
Beijing Wangfujing Department Store (Group) Co Ltd announced that it will issue RMB 2.2 billion worth of corporate bonds for fiscal year 2012, each with par value of RMB 100. Half of the bonds will be with a term of five years and a coupon rate ranging from 4.40% to 5.40%, while the remaining part will be with a term of seven years and a coupon rate ranging from 4.40% to 5.70%. China Securities Co., Ltd. will serve as the main underwriter. Full Article
Beijing Wangfujing Department Store (Group) Co Ltd Divest Holdings
Beijing Wangfujing Department Store (Group) Co Ltd announced that it has signed an agreement with Taubman-TCBL Xian (Hong Kong) Limited, to transfer a 50% stake in a Xi'an-based business management and operation company for RMB 300 million. Full Article
Beijing Wangfujing Department Store Announces FY 2011 Dividend Payment Date
Beijing Wangfujing Department Store announced that it will pay a cash dividend of RMB 0.27 per share (after tax), to shareholders of record on August 8, 2012. The Company's shares will trade ex-dividend on August 9, 2012. Full Article
Beijing Wangfujing Department Store to Set up Subsidiary; to Transfer Holdings
Beijing Wangfujing Department Store announced that it will invest RMB 230 million to set up a wholly owned subsidiary, a Zhengzhou-based commercial company. After that, the Company will transfer all its 65% stake in a Zhengzhou-based management company to the new subsidiary. Full Article
Beijing Wangfujing Department Store to Issue Corporate Bonds
Beijing Wangfujing Department Store announced that it will issue up to RMB 2.2 billion worth of corporate bonds, each with a term of up to seven years. Full Article
Beijing Wangfujing Department Store to Jointly Set up Shopping Center
Beijing Wangfujing Department Store announced that the Company will jointly rent a plot of land with a Guangzhou-based investment company (Company A), and then set up a joint venture with Company A, with each to hold an equal 50% stake, to set up a shopping center. The Company will invest RMB 430 million in the project, to enjoy 50% of the operating profits. Full Article

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