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Maoye Commercial Co Ltd (600828.SS)

600828.SS on Shanghai Stock Exchange

7.22CNY
29 Sep 2016
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Thu, Aug 11 2016

BRIEF-Maoye Commercial scraps 97.3 pct acquisition in Taizhou department store

* Says it scraps 97.3 percent stake acquisition in Taizhou-based department store

BRIEF-Maoye Commercial cuts share private placement size to 2.27 bln yuan

* Says it cuts share private placement size to 2.27 billion yuan ($342.30 million) from 2.80 billion yuan previously

BRIEF-Maoye Commercial unit to set up business management JV

* Says its sub-subsidiary, a Inner Mongolia-based business management company, will use 5.1 million yuan to set up a JV in Inner Mongolia, with a Inner Mongolia-based business management company

BRIEF-Maoye Commercial to pay 2015 dividend on July 7

* Says it will use undistributed profits to pay a cash dividend of 1 yuan (pre-tax) per 10 shares to shareholders of record on July 6 for 2015

BRIEF-Maoye Commercial acquires 70 pct stake in Victory Group

* Says it completes the acquisition of 70 percent stake in Victory Group, which is engaged in shopping mall and super market operation business

BRIEF-Maoye Commercial to acquire 97.3 pct in Taizhou department store

* Says it will acquire 97.3 percent stake in a Taizhou-based department store

BRIEF-Maoye Commercial to fully acquire Qinghuangdao department store

* Says it will acquire 100 percent stake in a Qinghuangdao-based department store from an investment firm

BRIEF-Maoye Commercial to fully acquire Chongqing department store for 30 mln yuan

* Says it will acquire 100 percent stake in a Chongqing-based department store for 30 million yuan, from Maoye International Holdings's unit and an investment firm

BRIEF-Maoye Commercial to raise up to 2.8 bln yuan in private placement

* Says it plans to raise up to 2.8 billion yuan ($426.58 million) in private placement of shares to fund acquisitions, repay banks loans

BRIEF-Maoye Commercial's share trade to halt from May 26 pending announcement

* Says share trade to halt from May 26 pending announcement related to share private placement

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