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Concord Medical Services Holdings Ltd (CCM.N)

CCM.N on New York Stock Exchange

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17 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Concord Medical reports acquisition of Shanghai Promed Cancer Center
Friday, 19 May 2017 08:00am EDT 

May 19 (Reuters) - Concord Medical Services Holdings Ltd ::Concord Medical announces the acquisition of Shanghai Promed Cancer Center, Llc.Concord Medical Services Holdings Ltd - mhm will hold 31.64 pct of equity interest in promed after completion of acquisition.Concord Medical Services Holdings- co's unit, MHM, jointly with Guofu Huimei Investment Management Limited Partnership proposed to acquire Promed.  Full Article

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