Key Developments: Yuexiu Transport Infrastructure Ltd (GZITF.PK)
0.55USD
24 Apr 2013
$0.03 (+6.80%)
$0.51
$0.55
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$0.55
100
1,205
$0.55
$0.44
Latest Key Developments (Source: Significant Developments)
Yuexiu Transport Infrastructure Ltd Recommends Final Dividend
Yuexiu Transport Infrastructure Ltd announced that its Directors have recommended the payment of final dividend for 2012 of HKD0.11 which is equivalent to approximately RMB0.0889706 (2011: HKD0.14 which was equivalent to approximately RMB0.1139866) per share payable to shareholders whose names appear on the register of members of the Company at the close of business on June 3, 2013. Subject to the approval of shareholders at the Annual General Meeting to be held on May 29, 2013, the final dividend will be paid on or about June 26, 2013. Full Article
Yuexiu Transport Infrastructure Ltd Declares Interim Dividend
Yuexiu Transport Infrastructure Ltd announced that the Directors has resolved to declare an interim dividend for 2012 of HKD0.09 which is equivalent to approximately RMB0.0735952 (2011: HKD0.10 which was equivalent to approximately RMB0.0825196) per share payable on or about November 8, 2012 to shareholders whose names appear on the register of members of the Company on October 12, 2012. Full Article
Yuexiu Transport Infrastructure Limited Recommends Final Dividend
Yuexiu Transport Infrastructure Limited announced that the Directors have recommended the payment of final dividend for 2011 of HKD0.14 which is equivalent to approximately RMB0.1139866 (2010: HKD0.12 which was equivalent to approximately RMB0.101237) per share payable to shareholders whose names appear on the register of members of the Company at the close of business on June 8, 2012. Subject to the approval of shareholders at the Annual General Meeting to be held on June 5, 2012, the final dividend will be paid on or about June 26, 2012. Full Article
Yuexiu Transport Infrastructure Limited's Wholly Owned Subsidiary Announces Acquisition Of 100% Equity Interest In A PRC Company Which Operates The Weixu Expressway
Yuexiu Transport Infrastructure Limited announced that on October 29, 2011, Yuexiu (China) Transport Infrastructure Investment Company Limited (Purchaser), a wholly-owned subsidiary of the Company, entered into the Agreement with the Vendors (Henan Ruibeika Holdings Company Limited (Ruibeika) and Mr. Zheng). Pursuant to the Agreement, the Purchaser has conditionally agreed to acquire, and the Vendors have conditionally agreed to sell, the Equity Interest. The final Consideration will be RMB2.73 billion, Final Audited Liabilities, (if applicable) the Deducted Amounts. As the Final Audited Liabilities cannot be ascertained as at the Signing Date, the Vendors and the Purchaser agreed an amount of RMB1,061,549,933.47 as the Initial Consideration. An aggregate of 100% of the equity interest in the Target Company (means Henan Ruibeika Industrial Company Limited), a company established in the PRC;of which 95% is owned by Ruibeika and the remaining 5% is owned by Mr. Zheng. The Target Company is principally engaged in the investment, construction, operation and management of the Weixu Expressway. Upon completion of the Acquisition, the Company will, through the Purchaser, own the interests in, and the operating right to, the Weixu Expressway and the Target Company together with the Target Subsidiary will become indirect wholly-owned subsidiaries of the Company. Full Article
Yuexiu Transport Infrastructure Limited Declares Interim Dividend
Yuexiu Transport Infrastructure Limited announced that the Directors resolved to declare an interim dividend for 2011 of HKD0.10 which is equivalent to approximately RMB0.0825196 (2010: HKD0.10 which was equivalent to approximately RMB0.085278) per share payable on November 18, 2011, to shareholders whose names appear on the register of members of the Company on October 21, 2011. Interim dividend payout ratio was 54.3% (2010: 61.3%). Full Article
Yuexiu Transport Infrastructure Ltd Announces Change Of Company Name
Yuexiu Transport Infrastructure Ltd announced that the certificate of incorporation on change of name and the certificate of secondary name were both issued by the Registrar of Companies in Bermuda and the certificate of registration of change of corporate name of non-Hong Kong company was also issued by the Registrar of Companies in Hong Kong. The change of name of the Company from GZI Transport Limited to Yuexiu Transport Infrastructure Limited and the adoption of the Chinese name “越秀交通基建有限公司” as secondary name became effective on May 30, 2011, being the date on which the new name of the Company was entered into in the register by the Registrar of Companies in Bermuda in place of the former name of the Company. The Shares will be traded on the Stock Exchange under the new stock short name of “YUEXIUTRANSPORT” in English and “越秀交通基建” in Chinese respectively with effect from June 28, 2011. The stock code of the Company remains as 01052. Full Article
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