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Debao Property Development Ltd (DPDL.SI)

DPDL.SI on Stock Exchange of Singapore

0.25SGD
28 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Debao Property Development expects to report loss in FY16
Monday, 20 Feb 2017 06:45am EST 

Debao Property Development Ltd : Group is expected to report a loss in FY2016 .Expected results due to lower profit margin from sale of residential buildings.  Full Article

Debao Property Development enters deal to dispose Infinity Real Estate for RMB 2.02 bln
Monday, 9 Jan 2017 04:54am EST 

Debao Property Development Ltd : Pdf 1: Debao Property Development Ltd. (Disposal Of Subsidiaries - Infinity Real Estate Holdings Pte. Ltd.) . Deal for consideration of RMB2.023 billion . Refers to announcements made on 8 Nov and 5 Dec and wishes to announce that company has on 9 Jan 2017 entered into SPA 2 .Sale and purchase agreement (SPA) for disposal of 100 shareholdings in Infinity Real Estate Holdings Pte.Ltd.  Full Article

Debao property development enters into sale and purchase agreement with Foshan Nanhai Fangao Renovation Services
Tuesday, 8 Nov 2016 07:19am EST 

Debao Property Development Ltd - : Company has entered into a sale and purchase agreement with Foshan Nanhai Fangao Renovation Services . Aggregate consideration for transaction shall be RMB2.023 billion . Pursuant to agreement company shall dispose of its subsidiaries .Transaction also allows group to repay existing loan facilities.  Full Article

Debao Property updates on investigations on a Chinese official
Tuesday, 25 Oct 2016 07:34am EDT 

Debao Property Development Ltd : Business and operations of group are not affected by investigations and will continue as normal . Debao property development ltd - Yuan Le Sheng been requested by procuratorate to assist in investigations . During investigations, Yuan Jiajun, will be appointed as alternate director to Yuan Le Sheng . Debao property development -executive chairman and chief executive officer assisting in investigations on a chinese official by People's Procuratorate of Nanhai District .Debao property development ltd - procuratorate has not disclosed to company any further details on investigations..  Full Article

Debao Property Development Ltd acquires stake in Sihui Debao
Friday, 18 Sep 2015 05:59am EDT 

Debao Property Development Ltd:Entered into a purchase agreement with Guangzhou Mingxin Investment Co Ltd to acquire all of Guangzhou Mingxin 45 pct shareholdings in Sihui Debao at a consideration of 127.35 million Yuan upon the terms and subject to the conditions of the Acquisition SPA.Foshan Nanhai Debao currently owns 54.999 pct of the shareholdings in Sihui Debao.Pursuant to the Acquisition, Foshan Nanhai Debao will own 99.999% of Sihui Debao.  Full Article

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BRIEF-Debao Property Development expects to report loss in FY16

* Expected results due to lower profit margin from sale of residential buildings Source text for Eikon: Further company coverage: