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Delong Holdings Ltd (DELO.SI)

DELO.SI on Stock Exchange of Singapore

1.48SGD
29 Jun 2017
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Latest Key Developments (Source: Significant Developments)

Delong says Delong Steel Singapore Projects enters agreement with Shanghai Decent Investment
Monday, 12 Jun 2017 05:21am EDT 

June 12 (Reuters) - Delong Holdings Ltd ::Delong Steel Singapore Projects entered into a joint venture agreement with Shanghai Decent Investment.Parties have agreed inter alia to invest and construct a steel project at Tshingshan Park and set up a JV company in Indonesia.Says under agreement, estimated total initial investment amount of proposed JV is approximately USD950 million.  Full Article

Delong Holdings says group is currently in discussions relating to a potential collaboration
Friday, 26 May 2017 05:06am EDT 

May 26 (Reuters) - Delong Holdings Ltd ::Group is currently in ongoing discussions with certain parties relating to a potential collaboration.‍No definitive agreements have been entered into in relation to potential collaboration​.  Full Article

Delong Holdings responds to SGX queries
Tuesday, 23 May 2017 05:06am EDT 

May 23 (Reuters) - Delong Holdings Ltd :Anticipating its unit, laiyuan county aoyu steel co., ltd., will cease its steel-making operations in near future.  Full Article

Delong Holdings Limited says unit entered into MOU
Wednesday, 10 May 2017 09:21am EDT 

May 10 (Reuters) - Delong Holdings Limited ::Entry Into Binding Memorandum Of Undertanding.Unit entered into a binding memorandum of understanding with Beijing Shougang Mining Investment Co.,.MOU in relation to proposed acquisition by Delong Steel of 51pct of equity stake in Anhui Shoukuang Dachang Metal Materials from vendor.Delong Steel further agrees to pay vendor a sum of RMB10 million.  Full Article

Delong Holdings says Q1 profit attributable rmb 387.8 mln versus rmb 95.7 mln
Thursday, 4 May 2017 05:10am EDT 

May 4 (Reuters) - Delong Holdings Ltd -:Q1 profit attributable rmb 387.8 million versus rmb 95.7 million .Qtrly sales rmb 2.99 billion versus rmb 2.09 billion.  Full Article

Delong Holdings expects to report increase in net profit for Q1 2017
Thursday, 27 Apr 2017 05:47am EDT 

April 27 (Reuters) - Delong Holdings Ltd :Company is expected to report a significant increase in net profit for 1q2017.Expected to report a significant increase in net profit for 1Q2017, compared to corresponding period..increase in net profit is mainly due to a significant increase in average selling prices of products sold.  Full Article

Delong holdings announces sale of subsidiary's production capacity
Monday, 3 Apr 2017 05:43am EDT 

Delong Holdings Ltd : Sale of subsidiary's production capacity . Deal for approximately s$81.1 million . Aoyu steel, entered into a conditional agreement with tsing tuo group co., ltd . Aoyu steel to transfer, and purchaser to purchase, aoyu steel's pig iron production capacity of 1.08 million tonnes and steel production capacity of 1.21 million tonnes .Production capacity transfer is not expected to have any material impact.  Full Article

Delong Holdings expects loss for Q4 2016
Tuesday, 21 Feb 2017 04:19am EST 

Delong Holdings Ltd : Expected to report a loss for 4Q2016, and a net profit for FY2016 .Anticipated loss is due mainly to an impairment charge on group's subsidiary, Laiyuan County Aoyu Steel Co., ltd.  Full Article

Delong's unit enters sale and purchase deal in relation to disposal
Wednesday, 25 Jan 2017 04:08am EST 

Delong Holdings Ltd : Unit entered into a conditional definitive sale and purchase agreement with Thai Minority Shareholders and Chusak Yongvongphaiboon in relation to proposed disposal .Aggregate consideration for sale shares will be 385 million baht.  Full Article

Delong says Aoyu Steel may be required to reduce its steelmaking output
Wednesday, 18 Jan 2017 04:25am EST 

Delong Holdings Ltd : Aoyu steel may be required to reduce its steelmaking output in view of capacity reduction plans .Aoyu steel may be required to reduce its steelmaking output and it may adversely affect financial position of group.  Full Article

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