Qinghai Jinrui Mineral Development Co Ltd <600714.SS> : Sees to swing to net profit at about 58 million yuan in FY2016 versus net loss at 36.3 million yuan year ago .Says sale of coal related business as main reason for the forecast.
China Coal <1898.HK> : Connected Transaction,Discloseable Transaction,Transfer Of The Target Assets To Datun Coal And Electricity . Shanghai Energy Company entered into asset transfer agreement with Datun Coal And Electricity . Deal to transfer target assets to Datun Coal And Electricity . Company expects to record a gain (before tax) from transaction of RMB13.1908 million . Agreement for total consideration of rmb236.6 million. .Based on appraised net asset value of target assets, shanghai energy company will gain RMB68.8 million from transfer of target assets.
Mongolian Mining Corp <0975.HK> : Lenders agreed to support proposed debt restructuring .Support agreement with certain consenting noteholders.
Ares Asia Ltd <0645.HK> : Ares asia ltd- group recently restructured the rights and obligations under those coal supply and purchase agreements . Ares asia ltd- group recently restructured through a series of contracts signed and exchanged on 12 december 2016 with the relevant parties . Approximately us$140,000 are to be repaid to the group within 90 days of the date of the new contracts .Ares asia ltd- effect of new contracts is for original supplier to agree to coal supply arrangement for anticipated term of approximately 5 years.
Hidili Industry International Development Ltd <1393.HK>: agreed to form a monitoring team .monitoring team to monitor mine production, sales of coal products & finance of co's mining in sichuan & guizhou provinces.
Anyuan Coal Industry Group Co Ltd <600397.SS> :Says it scraps asset restructuring plan.