Key Developments: American Lorain Corp (ALN)

ALN on American Stock Exchange

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27 Jan 2015
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Latest Key Developments (Source: Significant Developments)

American Lorain Corp announces appointment of CFO - Form 8-K
Friday, 8 Aug 2014 04:30pm EDT 

American Lorain Corp:Says on Aug. 4, 2014, it approved the appointment of Dick Wang, as Chief Financial Officer (CFO).Says Bander Wu’ service as the interim CFO of the company appointed on May 20, 2014, was terminated on Aug. 4, 2014.  Full Article

American Lorain Corp announces resignation of CFO - Form 8-K
Tuesday, 20 May 2014 04:19pm EDT 

American Lorain Corp:Says on May 16, David She provided with his notice of resignation pursuant to which She resigned as the chief financial officer, effective as of May 16.Says on May 20, it announced that Bander Wu, was appointed to the position of interim chief financial officer, effective May 20.  Full Article

American Lorain Corp issues convertible promissory note - Form 8-K
Thursday, 20 Mar 2014 06:01am EDT 

American Lorain Corp:Says on March 13 Issued a Convertible Promissory Note in the principal amount of $3.5 million to Jade Lane Group Limited.Under the terms of the Note, interest on the outstanding Principal Amount accrues at a rate of 4.5 pct per annum , and all accrued but unpaid interest is due and payable on June 30.Says if the Note is not converted pursuant to the terms of the Note, additional interest on the outstanding Principal Amount shall accrue at a rate of 4.5% per annum and payable at the maturity of the Note.Intends to use the net proceeds from the Note solely in connection with the acquisition and as general working capital for Athena, a limited liability company organized under the laws of France.  Full Article

American Lorain Corp announces purchase order from turkish customer
Wednesday, 5 Feb 2014 09:00am EST 

American Lorain Corp:Receives a purchase order in the amount of about $5 million from a renowned Turkish trading company.Says its first commenced negotiating with the Turkish customer in December 2013 and after two rounds of on-site visits, the order was placed in late January. The order value was about $5 million and will be fulfilled by end of May.  Full Article

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