Key Developments: Delong Holdings Ltd (DELO.SI)

DELO.SI on Stock Exchange of Singapore

0.26SGD
24 Jul 2014
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$0.00 (+1.92%)
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Latest Key Developments (Source: Significant Developments)

Delong Holdings Ltd incorporates new Joint venture company
Friday, 25 Apr 2014 05:19am EDT 

Delong Holdings Ltd:Says wholly-owned subsidiary, Dezhong International Financial Leasing Co., Ltd (Dezhong Leasing), incorporated JV Company in China, known as Xingtai Xilan Zhongde Natural Gas Sales Co., Ltd (Xilan Zhongde).Xilan Zhongde incorporated for purpose of constructing and operating liquefied natural gas fueling (LNG) stations in Xingtai City, Hebei Province, China.Xilan Zhongde has an initial registered share capital and issued and paid-up share capital of 10,000,000 ringgit Dezhong Leasing will hold a 49 pct equity stake in Xilan Zhongde while Xi’an Xilan Natural Gas Ltd will own the remaining 51 pct equity stake in Xilan Zhongde.  Full Article

Delong Holdings Ltd does not recommend dividend for FY 2013
Thursday, 27 Feb 2014 06:00am EST 

Delong Holdings Ltd:Says its Board does not recommend that a dividend be paid for FY 2013.  Full Article

Delong Holdings Ltd's subsidiary enters into joint venture agreement
Monday, 24 Feb 2014 06:03am EST 

Delong Holdings Ltd's Delong Steel Singapore Projects Pte:Enters into a joint venture agreement with Permsin Steel Works Public Company Limited, Asia Metal Public Company Limited and Thai Yuan Metal Public Company Limited for the operation of a joint venture private company limited by shares in Thailand (JV Co).Says the joint venture is to undertake the development and manufacture of the Products (and Other Products for the sale, marketing and distribution of the same in the Thailand market (the Business).Says JV Co has been incorporated with an initial registered share capita of 700,000,000 Baht comprising 7,000,000 ordinary shares in the capital of the JV Co (Shares) of 100 Baht each.Delong Steel Singapore Projects Pte will hold 55 pct in JVCo.Says the total investment amount will be funded by the company’s internal resources and bank borrowings.  Full Article

Delong Holdings Ltd announces incorporation of joint venture company
Thursday, 16 Jan 2014 04:22am EST 

Delong Holdings Ltd:Delong Steel Singapore Projects Pte Ltd, subsidiary has incorporated a joint venture company in Thailand, known Delong (Thailand) Co Ltd.Says incorporated pursuant to a non-binding heads of agreement (HOA) entered into by the company, Permsin Steel Works Public Co Ltd, Asia Metal Public Co Ltd. and Thai Yuan Metal Public Co Ltd.Says purpose of incorporation is for carrying out the manufacturing and sale of hot strip products.Says incorporated with the initial registered share capital of 700,000,000 Baht (175,000,000 Baht comprising 1,750,000 ordinary shares of 100 Baht each).  Full Article

Delong Holdings Ltd announces incorporation of subsidiary
Wednesday, 11 Dec 2013 04:11am EST 

Delong Holdings Ltd:Says its wholly-owned subsidiary, Delong Steel Limited, has incorporated a wholly-owned subsidiary in Singapore known as Delong Steel Singapore Projects Pte Ltd.Says principal activity of DSL Singapore is investment holding company.Says DSL Singapore has a registered capital of S$1,000.00 and will be funded by the Company’s internal resources.  Full Article

Delong Holdings Ltd Announces Incorporation Of Subsidiaries
Monday, 11 Nov 2013 04:19am EST 

Delong Holdings Ltd announced that its wholly-owned subsidiary, Dexin Steel Pte Ltd, has incorporated a new subsidiary in Singapore, Dexin Thailand Projects Pte Ltd, which in turn, has incorporated a new subsidiary, Dexin Zhongtai Pte Ltd, in Singapore. The particulars of the New Subsidiaries are as follows:- Name of Company: Dexin Thailand Projects Pte Ltd; Issued and paid-up capital: S$1,000.00; Percentage of issued and paid-up capital held by Dexin Steel: 100%; Principal activity: Investment holding company and Name of Company: Dexin Zhongtai Pte Ltd; Issued and paid-up capital: S$1,000.00; Percentage of issued and paid-up Capital held by DTP: 100%; Principal activity: Investment holding company. The investment in DTP and DZT will be funded by the Company’s internal resources.  Full Article

Delong Holdings Ltd Comments On Q3 2013 Earnings Guidance
Tuesday, 5 Nov 2013 04:09am EST 

Delong Holdings Ltd announced that for the third quarter of 2013, it expects to report net loss. The anticipated net loss is due to impairment charges on property, plant and equipment in respect of the mill roll production facilities; and provision made for doubtful debts provided on trade receivables and prepayments in the third quarter of 2013.  Full Article

Delong Holdings Ltd Declares No Dividend
Wednesday, 7 Aug 2013 05:11am EDT 

Delong Holdings Ltd announced that no dividend has been declared or recommended for the second quarter ended June 30, 2013.  Full Article

Delong Holdings Ltd Comments On Q2 2013 Earnings Guidance
Tuesday, 30 Jul 2013 05:07am EDT 

Delong Holdings Ltd announced that it expects to report a net loss for the second quarter of 2013. The weaker than expected performance is due to weaker steel prices and lower production output during the maintenance of the Group’s blast furnaces in June 2013, which resulted in an increase in average production cost per tonne.  Full Article

Delong Holdings Ltd Does Not Recommend Dividend
Thursday, 9 May 2013 05:40am EDT 

Delong Holdings Ltd announced that the Board of Directors does not recommend that a dividend be paid for the first quarter March 31, 2013.  Full Article

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