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Zhongmin Baihui Retail Group Ltd (ZBRG.SI)

ZBRG.SI on Stock Exchange of Singapore

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22 May 2017
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Latest Key Developments (Source: Significant Developments)

Zhongmin Baihui Retail says unit entered into JV agreement
Tuesday, 25 Apr 2017 10:37am EDT 

April 25 (Reuters) - Zhongmin Baihui Retail Group Ltd ::Unit has entered into a joint venture agreement with Changsha Mingfa City Construction Development Co., Ltd on April 21.Equity participation of ZMBH Fujian in JV company shall be sum of RMB 20 million.Shareholding of ZMBH Fujian and Changsha Mingfa in jv company shall be 51% and 49% respectively.Business activities of JV will be sourcing and management of tenants and suppliers, operation and management of shopping centre.JV is not expected to have any material impact on group's earnings per share for fy ending 31 december 2017.  Full Article

Zhongmin Baihui Retail Group announces proposed acquisition of leased premises of Chengnan store
Wednesday, 28 Sep 2016 05:19am EDT 

Zhongmin Baihui Retail Group Ltd : Pdf 1: Zhongmin Baihui Retail Group Ltd. (Proposed Acquisition Of The Leased Premises Of The Chengnan Store) . Unit entered into 5 separate conditional sale and purchase agreements with hui'an hongyi property development co., . Aggregate consideration payable by QZM to Hui'an Hongyi in respect of proposed acquisition is rmb122.2 million .Deal in respect of proposed acquisition of retail premises located at Hui'an County,, Fujian Province, Prc.  Full Article

Zhongmin Baihui Retail says termination of lease of Nanjing nanzhan store
Wednesday, 31 Aug 2016 05:29am EDT 

Zhongmin Baihui Retail Group Ltd : Termination of lease of Nanjing nanzhan store) . Entered into a termination agreement with the landlord for the lease of the store . Lease will be terminated from 1 September 2016, both parties agreed that no legal or financial claims will arise out of the termination . Termination of lease and cessation of operation of store is not expected to have any further material impact on EPS .  Full Article

Zhongmin Baihui Retail Group announces cessation of operation of a store
Monday, 11 Jul 2016 07:06pm EDT 

Zhongmin Baihui Retail Group Ltd : Cessation of operation in the Nanjing Nanzhan store) . Potential gain from store closure amounts to about RMB41 million before taking into account operating losses from store for the year .  Full Article

Zhongmin Baihui Retail Group Ltd recommended dividend
Thursday, 13 Aug 2015 11:06pm EDT 

Zhongmin Baihui Retail Group Ltd:recommended first interim cas dividend of 1.0 singapore cent for the current financial period reported.Recommended second interim cas dividend of 1.0 singapore cent for the current financial period reported.Payable on or about Sept. 22.  Full Article

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