Key Developments: China Nepstar Chain Drugstore Ltd (NPD)
1.70USD
17 May 2013
$0.00 (+0.00%)
$1.70
$1.70
$1.73
$1.69
10,940
41,296
$2.98
$1.50
Latest Key Developments (Source: Significant Developments)
China Nepstar Chain Drugstore Ltd Completes Disposition of 40% Equity Ownership in Yunnan Jianzhijia Chain Drugstore
China Nepstar Chain Drugstore Ltd announced that it has completed the sales of its 40% equity ownership in Yunnan Jianzhijia Chain Drugstore Ltd. (JZJ) to Yunnan Jianzhijia Holding Co.,Ltd. (JZJ Holding). In accordance with the terms of the agreement entered into by the Company and JZJ Holding in connection with the transaction, JZJ Holding has acquired Nepstar's 40% equity ownership in JZJ for a total cash consideration of RMB 81.48 million. Full Article
China Nepstar Chain Drugstore Ltd Comments On H2 2012 Same Store Sales Guidance
China Nepstar Chain Drugstore Ltd announced that for the second half of 2012, it expects same store sales growth to continue. Full Article
China Nepstar Chain Drugstore Ltd. Announces Special Dividend
China Nepstar Chain Drugstore Ltd. announced that the Board of Directors has declared a special cash dividend of USD0.60 per American Depositary Share (ADS), which represents total distribution to shareholders of approximately USD60 million. The special dividend is payable before or around June 7, 2012 to shareholders of record as of the close of market on May 7, 2012. Full Article

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