Key Developments: Weiqiao Textile Co Ltd (WQTEY.PK)

WQTEY.PK on OTC Markets Group - US Other OTC and Grey Market

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Latest Key Developments (Source: Significant Developments)

Weiqiao Textile Co Ltd Recommends Final Dividend
Friday, 15 Mar 2013 07:50am EDT 

Weiqiao Textile Co Ltd announced that the Board of Director has recommended the payment of a final dividend of RMB0.1246 (tax inclusive) per share (the 2012 Final Dividend), payable to owners of the parent whose names appear on the register of members of the Company as at close of business on June 07, 2013. For the distribution of dividends, dividends for holders of Domestic Shares will be distributed and paid in RMB, while dividends for H Shares will be declared in RMB but paid in Hong Kong dollars (HKD) (conversion of RMB into HKD shall be calculated on the average price of the medium prices of the conversion of RMB into HKD announced by the People’s Bank of China within five working days prior to and including May 31, 2013.  Full Article

Weiqiao Textile Co Ltd Comments On FY 2012 Profit Guidance
Friday, 11 Jan 2013 09:00am EST 

Weiqiao Textile Co Ltd announced that the consolidated profit attributable to shareholders of the Company for fiscal 2012 is expected to have a substantial increase as compared with that for the year of 2011.  Full Article

Weiqiao Textile Co Ltd Does Not Recommend Interim Dividend
Friday, 17 Aug 2012 10:45am EDT 

Weiqiao Textile Co Ltd announced that the directors did not recommend the payment of any interim dividend to shareholders (six-month period ended June 30, 2011 : Nil).  Full Article

Weiqiao Textile Company Limited Comments On FY 2011 Guidance
Friday, 16 Dec 2011 03:35am EST 

Weiqiao Textile Company Limited announced that its results for fiscal 2011 will be substantially lower than that for fiscal 2010, but still can expect to record a profit. Core business may expect to record a loss due to impairment provision made for the inventory based on the accounting principle of prudence and relevant accounting standard.  Full Article

Weiqiao Textile Company Limited Does Not Recommend Interim Dividend
Friday, 19 Aug 2011 04:52am EDT 

Weiqiao Textile Company Limited announced that at the board of directors meeting held on August 19, 2011 , the Directors did not recommend the payment of any interim dividend to shareholders (six-month period ended June 30, 2010: Nil).  Full Article

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