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

601058.SS on Shanghai Stock Exchange

17.75CNY
25 Nov 2014
Price Change (% chg)

¥0.08 (+0.45%)
Prev Close
¥17.67
Open
¥17.67
Day's High
¥17.89
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¥17.51
Volume
2,991,324
Avg. Vol
4,347,840
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¥17.90
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¥11.00

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Latest Key Developments (Source: Significant Developments)

Sailun Group announces change in accounting policy
Thursday, 30 Oct 2014 08:00pm EDT 

Sailun Group Co., Ltd:Changed accounting policy according to new accounting standards released by Ministry of Finance, effective July 1.  Full Article

Sailun Group adjusts private placement plan
Wednesday, 3 Sep 2014 08:00pm EDT 

Sailun Group Co., Ltd:Amended its private placement plan of issuing up to 98.60 mln shares at no less than 12.17 yuan per share, for 1,200 mln yuan in total in private placement.New plan is to issue up to 100,250,000 new shares at no less than 11.97 yuan per share.  Full Article

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 Co., Ltd sub-subsidiary to acquire stake in companies
Friday, 18 Apr 2014 08:00pm EDT 

Sailun Group Co., Ltd:Says wholly owned sub-subsidiary 2326678 Ontario Inc. to acquire 52 pct stake in FORTE Rubber International Inc. for 280.8 mln yuan from an investment company.Says wholly owned sub-subsidiary 2326678 Ontario Inc. to acquire 10 pct stake in a Canada-based company, from 1672443 Ontario Inc., 1672444 Ontario Inc, Elitestar Overseas Trading Corporation and Tim Tappin for 72 mln yuan.  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

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