Key Developments: Kama Co Ltd (900953.SS)

900953.SS on Shanghai Stock Exchange

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28 Aug 2015
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Latest Key Developments (Source: Significant Developments)

KAMA announces no dividend payment for 2014
Wednesday, 1 Apr 2015 08:00pm EDT 

KAMA CO LTD:Says the company will pay no dividend to shareholders for 2014.  Full Article

KAMA updates selling of stake in Shandong-based company
Friday, 27 Mar 2015 08:00pm EDT 

KAMA CO LTD:To sell 5.92 pct stake in Shandong-based company, which is engaged in production and sale of heavy duty automobile chassis, to China National Heavy Duty Truck Group Co Ltd.Transaction amount 2.6635 mln yuan.  Full Article

KAMA to divest stake in Shandong-based company
Monday, 9 Feb 2015 07:00pm EST 

KAMA CO LTD:To divest 5.92 pct stake in Shandong-based company, which is engaged in production and sale of heavy duty automobile chassis.  Full Article

KAMA announces 2014 net profit outlook
Thursday, 29 Jan 2015 07:00pm EST 

KAMA CO LTD:Sees net profit for 2014 to be -140 mln yuan to -180 mln yuan, compared to the net profit of 2013 (5.2384 mln yuan).Says truck and internal combustion engine segments impacted by slow economic growth and emission control regulation, mining machinery segment impacted by sluggish coal and steel market and provision of bad debt are the main reasons for the forecast.  Full Article

KAMA CO LTD announces financial leasing of subsidiaries
Thursday, 13 Nov 2014 07:00pm EST 

KAMA CO LTD:Shandong-based automobile making subsidiary and Shandong-based internal combustion engine subsidiary will sell part of the production equipment assets to a Beijing-based financial leasing company for 150 million yuan.To lease back the equipments and facilities with a term of three years and interest rate of 6.15 pct.  Full Article

KAMA CO LTD announces change in accounting policy
Monday, 27 Oct 2014 08:00pm EDT 

KAMA CO LTD:Says change in accounting policy due to new accounting standards announced by Ministry of Finance of the People's Republic of China.Effective July 1.  Full Article

KAMA CO LTD appoints chairman and general manager
Friday, 10 Oct 2014 08:00pm EDT 

KAMA CO LTD:Appoints Li Yanzhang as chairman.Appoints Fan Hongfei as general manager.  Full Article

KAMA to provide guarantee for subsidiary
Friday, 28 Mar 2014 08:00pm EDT 

KAMA CO LTD:To provide guarantee for a Shanghai-based trading subsidiary for comprehensive credit line up to 120 mln yuan.  Full Article

KAMA announces no dividend payment for FY 2013
Friday, 28 Mar 2014 08:00pm EDT 

KAMA CO LTD:To pay no dividend to shareholders for fiscal year 2013.  Full Article

KAMA CO LTD establishes new subsidiary
Friday, 27 Dec 2013 07:00pm EST 

KAMA CO LTD:Says completed the establishment of a wholly owned subsidiary in China (Shanghai) Pilot Free Trade Zone.Says the new subsidiary, with a registered capital of 1 million yuan, will be engaged in the import and export of products and technologies, as well as provision of import and export agency service.  Full Article

BRIEF-Construction machinery firm Kama swings to net loss in 2014

* Says 2014 swings to net loss of 152.5 million yuan ($24.61 million) versus net profit of 5.24 million yuan year ago

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