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United States

Wangfujing Group Co Ltd (600859.SS)

600859.SS on Shanghai Stock Exchange

17.24CNY
26 Aug 2016
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Thu, Jun 30 2016

BRIEF-Wangfujing gets regulatory approval for share private placement

* Says it gets securities regulator's approval to issue shares in private placement

BRIEF-Wangfujing cuts share issue size

* Says it cuts share issue size to raise up to 2.97 billion yuan ($451.30 million) from 3.00 billion yuan previously

BRIEF-Wangfujing Group to pay 2015 dividend on June 8

* Says it will pay a cash dividend of 8.8 yuan (before tax) per 10 shares and use additional paid-in capital to distribute three new shares for every 10 shares for 2015, to shareholders of record on June 7

BRIEF-Wangfujing to acquire shopping mall management firm for up to 836 mln yuan

* Says it plans to acquire shopping mall management firm for up to 836 million yuan ($129.33 million)

BRIEF-Wangfujing Group's 2015 net profit up 4.0 pct

* Says 2015 net profit up 4.0 percent y/y at 661.2 million yuan ($101.52 million)

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