Edition:
United States

Concord Medical Services Holdings Ltd (CCM.N)

CCM.N on New York Stock Exchange

4.72USD
4:02pm EDT
Change (% chg)

$-0.03 (-0.63%)
Prev Close
$4.75
Open
$4.72
Day's High
$4.76
Day's Low
$4.72
Volume
6,039
Avg. Vol
7,505
52-wk High
$5.00
52-wk Low
$3.53

Latest Key Developments (Source: Significant Developments)

Concord Medical announces receipt of "going private" proposal
Monday, 11 Jul 2016 06:00am EDT 

Concord Medical : Announces receipt of preliminary non-binding "going private" proposal . Proposed transaction is intended to be financed with debt or equity capital or a combination thereof . Board, in consultation with its legal and financial advisors, will review proposal from buyer parties . Proposal from Jianyu Yang, CEO of company, Morgancreek Investment Holdings Limited and Blue Ocean Management Limited .Parties to acquire all of outstanding shares, ADS at a price of us$1.73 per class a ordinary share or us$5.19/ADS.  Full Article

Concord Medical Q1 revenue RMB 125 mln
Monday, 23 May 2016 04:01pm EDT 

Concord Medical Services Holdings Ltd : Non-Gaap basic and diluted loss per ads in q1 of 2016 was $0.11 . Qtrly total net revenues were $19.4 million in q1 of 2016, a 17.1% decrease . Says non-gaap basic and diluted loss per ads in q1 of $0.11 . Concord medical services holdings ltd qtrly loss per ads $0.11 . "we expect that number of patients from china will see steady growth for rest of year" . Concord medical reports financial results for the first quarter of 2016 .Q1 revenue rmb 125 million.  Full Article

Concord Medical Services Holdings Ltd Declares Special Dividend
Friday, 11 Dec 2015 05:00am EST 

Concord Medical Services Holdings Ltd:Declared a special cash dividend of US$0.33 per ordinary share (or US$0.99 per American Depositary Share ("ADS")) on the Company's outstanding ordinary shares.The total expense for the special dividend is expected to be approximately US$44.5 million, based on 134,799,243 ordinary shares outstanding as of September 30, 2015.Each ADS represents three ordinary shares of the Company.The dividends are payable on or about January 30, 2016, to shareholders of record at the close of business on December 28, 2015. The ex-dividend date is expected to be on December 23, 2015.  Full Article

Concord Medical Services Holdings Ltd announces plan to establish Beijing Allcure Medical Information Technology Ltd
Tuesday, 8 Sep 2015 08:00am EDT 

Concord Medical Services Holdings Ltd:Says that its plan to establish Beijing Allcure Medical Information Technology Ltd (Allcure).Plans to spin off its current telemedicine business and jointly set up Allcure with strategic investors.  Full Article

Concord Medical Services Holdings Ltd acquires additional ownership interest in MD Anderson Cancer Center Proton Therapy Center
Wednesday, 12 Aug 2015 06:30am EDT 

Concord Medical Services Holdings Ltd:Has closed acquisition of additional ownership interest of The University of Texas MD Anderson Cancer Center ("MD Anderson") Proton Therapy Center ("MD Anderson Proton Therapy Center" ).Says purchase price of the all-cash transaction was not disclosed.Says Concord Medical purchased the interest from an existing owner of the general partner, and the transaction does not affect MD Anderson's majority ownership in Proton Therapy Center.  Full Article

Concord Medical Services Holdings announces share repurchase
Monday, 10 Aug 2015 08:30am EDT 

Concord Medical Services Holdings Ltd:Announces share repurchase program.Concord Medical is authorized to repurchase up to $20 million of outstanding American depositary shares.Says authorized to repurchase up to $20 million of its outstanding ads from time to time for cash.Program will be in force till September 30, 2016 and will be funded with the company's available working capital.Program will be in force till September 30, 2016 and will be funded with the company's available working capita.  Full Article

Concord Medical Services Holdings Ltd signs multi-year strategic collaboration agreement with MD Anderson Cancer Center
Wednesday, 6 May 2015 08:00am EDT 

Concord Medical Services Holdings Ltd:Says it has signed a multi-year strategic development agreement with The University of Texas MD Anderson Cancer Center.CCM and MD Anderson will collaborate to develop a multidisciplinary cancer care, subspecialized and research-driven oncology program and state-of-art oncology facilities to optimize patient experience and improve cancer care in China and Singapore.  Full Article

More From Around the Web

BRIEF-Concord Medical announces completion of private offering by its subsidiary

* Concord medical announces completion of private offering by its subsidiary, Meizhong Jiahe Hospital Management Corp. Ltd Source text for Eikon: Further company coverage: