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Shanghai Electric Group Co Ltd (601727.SS)

601727.SS on Shanghai Stock Exchange

8.42CNY
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Latest Key Developments (Source: Significant Developments)

Shanghai Electric's Q1 profit up, scraps share issue in asset acquisition proposal
Friday, 21 Apr 2017 04:44am EDT 

April 21 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>2727.HK:Says Q1 net profit down 3.8 percent y/y at 485.7 million yuan ($70.57 million).Says it scraps share issue in its asset acquisition proposal.  Full Article

Shanghai Electric says qtrly net profit attributable rmb 485.7 mln
Friday, 21 Apr 2017 02:38am EDT 

April 21 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::Qtrly net profit attributable rmb 485.7 million, down 3.81 percent.Qtrly revenue rmb13.03 billion, down 15.67 percent.  Full Article

Shanghai Electric Group says no dividend payment for FY 2016
Sunday, 19 Mar 2017 11:22pm EDT 

Shanghai Electric Group Company Limited <601727.SS> :Says no dividend payment for FY 2016.  Full Article

Shanghai Electric Group FY profit attributable RMB2.02 bln
Friday, 17 Mar 2017 07:57am EDT 

Shanghai Electric Group Co Ltd <601727.SS>: FY profit attributable RMB2.02 billion versus RMB2.09 billion .FY revenue RMB 79.08 billion versus RMB 79.46 billion a year ago.  Full Article

Shanghai Electric says Chen Ganjin appointed as a vice president
Friday, 20 Jan 2017 03:32am EST 

Shanghai Electric Group Co Ltd <601727.SS> :Chen Ganjin has been appointed as a vice president of company.  Full Article

Shanghai Electric announces proposed issuance and placing of A shares
Tuesday, 15 Nov 2016 02:39am EST 

Shanghai Electric Group Co Ltd <601727.SS> : trading of co's a shares will remain suspended from 15 nov 2016 . Company and sec entered into acquisition agreement . deal for consideration of rmb6.63 billion . proposed to issue no more than 397.4mln a shares to four investors (including sec) at issue price of rmb7.55 per a share . proposed to buy 47.18% equity interest in shanghai prime, 50.10% equity interest in thales saic, 100% equity interest in sec property . amount of proceeds to be raised from proposed issuance and placing of a shares will be no more than rmb3bln .additional a shares will be issued by co subject to completion of transaction contemplated under acquisition agreement.  Full Article

Shanghai Electric announces proposed issuance and placing of A shares<2727.HK><601727.SS>
Monday, 14 Nov 2016 05:38pm EST 

Shanghai Electric Group Co Ltd <601727.SS> : trading of co's a shares will remain suspended from 15 nov 2016 . Company and sec entered into acquisition agreement . deal for consideration of rmb6.63 billion . proposed to issue no more than 397.4mln a shares to four investors (including sec) at issue price of rmb7.55 per a share . proposed to buy 47.18% equity interest in shanghai prime, 50.10% equity interest in thales saic, 100% equity interest in sec property . amount of proceeds to be raised from proposed issuance and placing of a shares will be no more than rmb3bln .additional a shares will be issued by co subject to completion of transaction contemplated under acquisition agreement.  Full Article

Shanghai Electric buys equity, property assets via share issue
Monday, 14 Nov 2016 07:00am EST 

Shanghai Electric Group Co Ltd <601727.SS><2727.HK> : Says it plans to buy stakes in Shanghai Prime Machinery Co Ltd <2345.HK>, Thales Saic Transportation, Shanghai Electric Group Property for 3.8 billion yuan ($555.43 million) via share issue . Says it plans to buy property assets for 2.8 billion yuan via share issue .Says it aims to raise up to 3.0 billion yuan in private placement of shares to fund projects.  Full Article

Shanghai Electric to acquire stakes in Shanghai Prime Machinery, Thales SAIC Transportation
Friday, 4 Nov 2016 04:33am EDT 

Shanghai Electric Group Co Ltd <601727.SS><2727.HK> :Says it plans to acquire assets including stakes in Shanghai Prime Machinery <2345.HK>, Thales SAIC Transportation System via share issue.  Full Article

Shanghai Electric in talks with controlling shareholder on restructuring of some assets
Thursday, 13 Oct 2016 04:07am EDT 

Shanghai Electric Group Co Ltd <601727.SS><2727.HK> :Says it is in discussion with controlling shareholder on asset restructuring involving industrial equipment and service assets.  Full Article

More From Around the Web

BRIEF-Shanghai Electric buys equity, property assets via share issue

* Says it plans to buy stakes in Shanghai Prime Machinery Co Ltd, Thales Saic Transportation, Shanghai Electric Group Property for 3.8 billion yuan ($555.43 million) via share issue