Key Developments: Industrial and Commercial Bank of China Ltd (IDCBF.PK)

IDCBF.PK on OTC Markets Group

0.62USD
16 Apr 2014
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$0.01 (+1.64%)
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Latest Key Developments (Source: Significant Developments)

Industrial And Commercial Bank of China announces debt-to-equity swap
Wednesday, 2 Apr 2014 08:00pm EDT 

Industrial And Commercial Bank of China Ltd:Says convertible bonds worth 8,580,683,000 yuan have been converted into 2,371,161,106 shares, as of March 31.Says 1,033,987 shares converted from bonds worth 3,650,000 yuan, from Jan. 1 to March 31.Total shares outstanding 351,389,706,933 as of March 31.  Full Article

Industrial And Commercial Bank of China Ltd announces FY 2013 dividend payment
Thursday, 27 Mar 2014 08:00pm EDT 

Industrial And Commercial Bank of China Ltd:To pay cash dividend of 2.617 yuan per 10 shares (before tax) to shareholders for the fiscal year 2013.  Full Article

Industrial And Commercial Bank of China announces FY 2013 dividend payment
Thursday, 27 Mar 2014 08:00pm EDT 

Industrial And Commercial Bank of China Ltd:To use undistributed profits to pay cash dividend of 2.617 yuan per 10 shares (before tax) to the company's A share and H share shareholders for the fiscal year 2013.  Full Article

Standard Bank Group Ltd announces proposed disposal of controlling interest in London-based Global Markets business to the Industrial and Commercial Bank of China Limited
Wednesday, 29 Jan 2014 06:03am EST 

Standard Bank Group Ltd:Says on the JSE Limited's Stock Exchange News Service the proposed disposal of a controlling interest in its London-based Global Markets business to the Industrial and Commercial Bank of China Limited (ICBC).Says the proposed disposal of the London-based Global Markets business is through the disposal of 60 pct of the ordinary share capital of Standard Bank Plc and grant of an option to ICBC by Standard Bank Group over a further 20 pct in Standard Bank Plc.Says ICBC will acquire 60 pct of Standard Bank Plc from Standard Bank London Holdings Limited (SBLH), a wholly owned subsidiary of Standard Bank Group for cash.  Full Article

Industrial And Commercial Bank of China Ltd announces conversion of convertible bonds
Friday, 3 Jan 2014 07:00pm EST 

Industrial And Commercial Bank of China Ltd:Says 2,885,696,000 yuan worth of the company's convertible bonds have been converted into 817,476,564 A shares of the company during the fourth quarter of fiscal year 2013.Says totally 8,577,033,000 yuan worth of the company's convertible bonds have been converted into 2,370,127,119 A shares of the company as of Dec. 31, 2013, representing 0.68 pct of the Company's total shares.Says the number of the Company's total A shares increased to 264,594,628,396 from 263,777,151,832.  Full Article

Industrial And Commercial Bank of China Ltd to establish Peru and New Zealand branches
Monday, 25 Nov 2013 07:00pm EST 

Industrial And Commercial Bank of China Ltd:Says received approval to establish branch in Peru and New Zealand respectively.  Full Article

Industrial And Commercial Bank of China Ltd Announces Conversion Result of Convertible Bonds
Tuesday, 8 Oct 2013 08:00pm EDT 

Industrial And Commercial Bank of China Ltd announced that RMB 5,691,337,000 of its corporate bonds have been converted into 1,552,650,555 A shares (0.44% of the Company's total shares) as of September 30, 2013, among which RMB 3,255,854,000 worth of bonds were converted into 922,337,007 shares during July 1, 2013 to September 30, 2013. After that, the number of the Company's total A shares increased to 263,777,151,832 from 262,854,814,825.  Full Article

IL&FS Signs Memorandum of Understanding With Industrial And Commercial Bank of China Ltd's Wholly Owned Subsidiary-Business Standard
Wednesday, 24 Jul 2013 06:13am EDT 

Business Standard reported that Infrastructure Leasing & Financial Services Limited signed a Memorandum of Understanding (MoU) with Industrial and Commercial Bank of China (Asia) Limited (ICBC (Asia)) based in Hong Kong. It is a wholly-owned subsidiary of Industrial And Commercial Bank of China Ltd. The MoU will help them in the North and East Asia region for providing infrastructure project development services, including financial services relating to, trade, corporate banking, investment banking and treasury related services, debt raising, advisory and so on.  Full Article

Chang Jiang Shipping Group Phoenix Co Ltd Announces Civil Ruling for Lawsuit Filed by Industrial And Commercial Bank of China Ltd
Thursday, 11 Jul 2013 08:00pm EDT 

Chang Jiang Shipping Group Phoenix Co Ltd announced that it has received a civil ruling from Wuhan Maritime Court for the freeze of deposit of RMB 90 million in total of the Company and a technology subsidiary, due to the application from Wuhan Hankou Branch of Industrial And Commercial Bank of China Ltd.  Full Article

Industrial And Commercial Bank of China Ltd Announces Conversion of Corporate Bonds
Tuesday, 2 Jul 2013 08:00pm EDT 

Industrial And Commercial Bank of China Ltd announced that RMB 2,435,483,000 of its convertible corporate bonds have been converted into 630,313,548 A shares of the Company as of June 30, 2013.  Full Article

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China currency liberalization to be a 'seismic event': Australia

SYDNEY - China realizing its ambitions to internationalize the yuan is likely to be a "seismic event" for global markets, leading to large capital flows and perhaps a new reserve currency, a top Australian central banker said on Wednesday.

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