Key Developments: Haier Electronics Group Co Ltd (HRELF.PK)
24 Jul 2014
Latest Key Developments (Source: Significant Developments)
Haier Electronics Group Co Ltd:Says it has proposed final dividend of HK$0.10 per share in cash.Payable to shareholders whose names appear on the register of members of the company on June 18, 2014 for the year ended Dec. 31.The final dividend will be paid on around July 18. Full Article
Lung Cheong International Holdings Ltd:Says that Qingdao Oasis, an indirect subsidiary of the company and Goodaymart, an indirect subsidiary of Haier Electronics, entered into the JV Agreement.The agreement is in relation to establishment of JV company.Which will be engaged in research and development, production, wholesaling and retailing of water purification equipment and accessories, installation and maintenance of water purification equipment and provision of relevant after-sale services in the PRC.JV company will be focused on “health and environment” and aims to become a prominent full-house water purification service provider.Upon the establishment Goodaymart and Qingdao Oasis will own 51 pct. and 49 pct. of the shareholding interest in the JV company respectively. Full Article
Haier Electronics Group Co Ltd:Proposes final dividend of HK$10 cents per share in cash to shareholders whose names appear on the register of members on Jun 18 for FY 2013.Final dividend to be paid on around Jul 18. Full Article
SYDNEY - A consortium involving two Maori tribes will bid against private equity giant Carlyle Group Ltd for Transpacific Industries Group Ltd's New Zealand waste management business, a deal expected to fetch NZ$1 billion ($830.20 million), a person involved in the bid told Reuters.