Key Developments: Sailun Group Co Ltd (601058.SS)

601058.SS on Shanghai Stock Exchange

12.93CNY
23 Jul 2014
Price Change (% chg)

¥-0.17 (-1.30%)
Prev Close
¥13.10
Open
¥13.15
Day's High
¥13.20
Day's Low
¥12.81
Volume
777,322
Avg. Vol
2,344,150
52-wk High
¥15.57
52-wk Low
¥9.19

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Latest Key Developments (Source: Significant Developments)

Sailun Group announces FY 2013 dividend payment date
Tuesday, 13 May 2014 08:00pm EDT 

Sailun Group Co., Ltd:To pay cash dividend of two yuan per 10 shares (before tax) to shareholders for fiscal year 2013 as a record of May 19.The company's shares will be traded ex-right and ex-dividend on May 20 and the dividend will be paid on May 23.  Full Article

Sailun Group announces FY 2014 private placement plan
Wednesday, 9 Apr 2014 08:00pm EDT 

Sailun Group Co., Ltd:To issue up to 98.60 mln shares at no less than 12.17 yuan per share, through private placement to an investment partnership and others, for fiscal year 2014.To raise up to 1,200 mln yuan for radial tire production project.  Full Article

Sailun Group completes name change from Sailun
Monday, 31 Mar 2014 08:00pm EDT 

Sailun Group Co., Ltd:Completed name change from Sailun Co Ltd, on March 31.  Full Article

Sailun announces FY 2013 dividend payment
Friday, 28 Mar 2014 08:00pm EDT 

Sailun Co Ltd:To pay cash dividend of 2 yuan per 10 shares (before tax) to shareholders for fiscal year 2013.  Full Article

Sailun Co Ltd gives FY 2013 net profit outlook below I/B/E/S estimates
Wednesday, 29 Jan 2014 07:00pm EST 

Sailun Co Ltd:Sees fiscal year 2013 net profit to increase by 50 pct to 60 pct, compared to the net profit of fiscal year 2012 (160,290,000 yuan).Says the main reason is increased profit on investment.FY 2013 net profit of 262.57 million yuan - Thomson Reuters I/B/E/S.  Full Article

Sailun Co Ltd announces outcome of private placement
Monday, 13 Jan 2014 07:00pm EST 

Sailun Co Ltd:Says it completed the private placement disclosed in May 2013.Says the company issued 67.4 million A shares of its common stock at the price of 10.8 yuan per share.Says the company raised 727.92 million yuan in total.  Full Article

Sailun Co Ltd to provide loan guarantee for subsidiary
Monday, 13 Jan 2014 07:00pm EST 

Sailun Co Ltd:Says to provide a loan guarantee of 300 million yuan for a wolly owned subsidiary.Says the subsidiary is engaged in manufacturing of tires, based in Vietnam.  Full Article

Sailun Co Ltd's sub-subsidiary to acquire Kings Road Tyres Group Limited
Monday, 13 Jan 2014 07:00pm EST 

Sailun Co Ltd:Says its wholly owned sub-subsidiary, which is based in Luxinburg, signed agreement with two individuals, Adrian Bader and Mark Cooper, to acquire a 100 pct in Kings Road Tyres Group Limited (KRT Group).Says acquisition price is one pound.  Full Article

Sailun Co Ltd appoints corporate auditor
Monday, 13 Jan 2014 07:00pm EST 

Sailun Co Ltd:Says it appointed Continental Certified Public Accountants as corporate auditor for the fiscal year 2013.Says the new auditor is a newly merged firm by its former corporate auditor and the former entity of Continental Certified Public Accountants.  Full Article

Sailun Co Ltd proposes name change
Monday, 13 Jan 2014 07:00pm EST 

Sailun Co Ltd:Says it proposed to change its Chinese name.No further details are disclosed.  Full Article

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