Key Developments: China Mobile Ltd (CHL)

CHL on New York Consolidated

54.92USD
28 Jul 2014
Price Change (% chg)

$0.49 (+0.90%)
Prev Close
$54.43
Open
$54.68
Day's High
$55.15
Day's Low
$54.68
Volume
1,056,474
Avg. Vol
935,904
52-wk High
$57.42
52-wk Low
$41.35

Search Stocks

Latest Key Developments (Source: Significant Developments)

China Mobile Ltd's subsidiary establishes China Communications
Friday, 11 Jul 2014 05:32am EDT 

China Unicom Hong Kong Ltd:Says through a subsidiary - China United Network Communications Corp Ltd entered into a promoters’ agreement with the subsidiary of China Mobile Ltd and China Telecom Corp Ltd to establish China Communications Facilities Services Corp Ltd.  Full Article

China Mobile Ltd announces subscription of interest in True Corporation Public Company Limited
Monday, 9 Jun 2014 08:00am EDT 

China Mobile Ltd:Says that on June 9, 2014, China Mobile International Holdings Limited (CMI Holdings), a wholly-owned subsidiary of the company, entered into the Share Subscription Agreement with True Corporation Public Company Limited (True Corporation).Says In connection with this Subscription, the company also entered into the Business Cooperation Framework Memorandum of Understanding with True Corporation.True corporation agrees to issue to CMI Holdings and CMI Holdings agrees to subscribe from True Corporation 4,429,427,068 ordinary shares of True Corporation with a par value of Baht 10 per share.The subscription price per CMI Holdings Subscription Share is Baht 6.45 (or HKD1.54), with a total consideration of Baht 28.57 billion (or HKD6.82 billion).Concurrently with the allotment and issuance of the CMI Holdings Subscription Shares, True Corporation will allot and issue 5,648,285,818 new shares by way of rights issue to its existing shareholders as of the relevant book closure date at the price of Baht 6.45 per share.Upon the completion of the Subscription and Rights Issue, the CMI Holdings Subscription Shares would represent 18 pct. of the total issued and outstanding shares of True Corporation.Following the subscription, True Corporation’s existing controlling shareholder, Charoen Pokphand Group Co. Ltd. will remain as the single largest shareholder of True Corporation.  Full Article

China Mobile Ltd selects Alcatel Lucent SA for strategic transformation to all-IP ultra-broadband network
Thursday, 27 Mar 2014 05:30am EDT 

Alcatel Lucent SA and China Mobile:One-year comprehensive frame agreement valued at up to 750 mln Euro.To provide technology that will move mobile service provider to an all-IP ultra-broadband network paving way for future network functions virtualization (NFV) and cloud-based services.  Full Article

China Mobile Ltd proposes final dividend
Thursday, 20 Mar 2014 01:00am EDT 

China Mobile Ltd:Proposed final dividend of HK$1.615 per share.  Full Article

500.com Ltd enters into strategic partnership with China Mobile Limited subsidiary
Wednesday, 29 Jan 2014 05:30am EST 

500.com Ltd:Says it has signed a strategic partnership agreement with China Mobile E-commerce Co. Ltd, a subsidiary of China Mobile Limited, to expand the reach and ease with which payments can be made for the company's mobile sports lottery products.Says the agreement will provide easy and convenient payment services to users regardless of device, through China Mobile's network.Says according to the terms of the agreement, 500.com will work in close cooperation with each of China Mobile E-commerce's provincial branches, leveraging their on-the-ground knowledge of local market conditions to localize its mobile sports lottery products.Says the company will provide lottery purchase and information services to China Mobile users through its internet, mobile apps, WAP and SMS channels.Says 500.com will maintain full control of the product design, development, operation and promotion.  Full Article

Hubei Radio and Television Information Network Co., Ltd. signs strategic cooperation agreement with Hubei Branch of China Mobile Ltd
Thursday, 2 Jan 2014 07:00pm EST 

Hubei Radio and Television Information Network Co., Ltd. and China Mobile Ltd:Says Hubei Radio and Television Information Network Co., Ltd. and China Mobile Ltd signed a strategic cooperation agreement on Jan. 2.Says the two companies to collaborate in the product development and sale, marketing channel promotion, network resources construction and media resources.  Full Article

China Mobile Ltd Declares Interim Dividend
Thursday, 15 Aug 2013 12:05am EDT 

China Mobile Ltd announced that the Board declared an interim dividend for the six months ended June 30, 2013 of HKD1.696 per share (before withholding and payment of PRC enterprise income tax) (the 2013 Interim Dividend) to the shareholders of the Company. The register of members of the Company will be closed from September 9, 2013 to September 11, 2013 (both days inclusive). The 2013 Interim Dividend will be paid on or about September 30, 2013 to those shareholders on the register of members on September 11, 2013 (the Record Date). (2012: HKD1.633 per share).  Full Article

China Mobile Ltd Bid For Telecom Licence In Myanmar-Business Standard
Wednesday, 5 Jun 2013 04:30am EDT 

Business Standard reported that apart from Airtel consortium, there are ten other bidders in the race for two new licences in Myanmar, which include Axiata, Digicel, France-Tel, KDDI CORP, Millicom, MTN Group Ltd, QTel, SingTel, Telenor ASA and Viettel. A consortium of Vodafone Group Plc and China Mobile Ltd decided to opt out of the bidding process. The winners are expected to be announced on June 27. The licences are for 2x5 MHz on 900 MHz and 2x10 MHz on 2,100 MHz. Overall, the Myanmarese government will award four licences, two new ones and two for the existing local operators, MPT (the incumbent) and Yatanarpon Teleport (YT).  Full Article

China Mobile Ltd Announces Appointment Of Auditors
Thursday, 30 May 2013 09:19am EDT 

China Mobile Ltd announced that the appointment of PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian CPAs Limited Company (to be renamed as PricewaterhouseCoopers Zhong Tian LLP) as the auditors of the Company for Hong Kong financial reporting and U.S. financial reporting purposes, respectively  Full Article

Far EasTone Telecommunications Co Ltd Signs Business Cooperation Framework Agreement with China Mobile Ltd
Thursday, 18 Apr 2013 05:06am EDT 

Far EasTone Telecommunications Co Ltd announced that it has signed a business cooperation framework agreement with China Mobile Ltd on April 18, 2013, to continue their cooperation on the communication and development of new business, new products and new contents of telecommunication industry.  Full Article

REFILE-Deals of the day- Mergers and acquisitions

July 25 - The following bids, mergers, acquisitions and disposals were reported by 1920 GMT on Friday:

Search Stocks