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CMST Development Co Ltd (600787.SS)

600787.SS on Shanghai Stock Exchange

11.38CNY
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Latest Key Developments (Source: Significant Developments)

CMST Development to set up Shanghai-based investment JV with GLP HK Holdings
Wednesday, 6 Dec 2017 04:13am EST 

Dec 6(Reuters) - CMST Development Co Ltd <600787.SS>:Says co plans to set up Shanghai-based investment JV with GLP HK Holdings Limited, with registered capital of 600 million yuan.Says GLP HK Holdings Limited is co's second biggest shareholder CLH 12 (HK) Limited's controlling shareholder.Says co will hold 51 percent stake in the JV.  Full Article

CMST Development's 9-month net profit up 180.9 pct y/y
Monday, 30 Oct 2017 05:42am EDT 

Oct 30 (Reuters) - CMST Development Co Ltd <600787.SS>:Says 9-month net profit up 180.9 percent y/y.  Full Article

CMST Development says change of accounting policy
Thursday, 31 Aug 2017 05:31am EDT 

Aug 31(Reuters) - CMST Development Co Ltd <600787.SS>:Says it changes accounting policy regarding government subsidy, effective June 12.  Full Article

CMST Development's H1 net profit down 76 pct, unit wins land auction
Wednesday, 30 Aug 2017 06:56am EDT 

Aug 30 (Reuters) - CMST Development Co Ltd <600787.SS>:Says H1 net profit down 76.0 percent y/y, unit wins land auction for 102.5 million yuan ($15.55 million).  Full Article

Four investors to invest 92.9 mln yuan in CMST Development unit
Monday, 14 Aug 2017 05:44am EDT 

Aug 14(Reuters) - CMST Development Co Ltd <600787.SS>:Says four investors will invest 92.9 million yuan in total into a wholly owned real estate unit of the company .Says the company's stake in the unit will be diluted to 35 percent.  Full Article

CMST Development unit wins auction for land use right for 73.1 mln yuan
Monday, 14 Aug 2017 12:29am EDT 

Aug 14 (Reuters) - CMST Development Co Ltd <600787.SS>:* Says its unit won auction for land use right for 73.1 million yuan.  Full Article

CMST Development sees H1 net profit to fall about 80 pct y/y
Thursday, 27 Jul 2017 07:07am EDT 

July 27 (Reuters) - CMST Development Co Ltd <600787.SS>:Says it expects H1 net profit down about 80 percent y/y versus net profit of 409.9 million yuan ($60.83 million).  Full Article

CMST Development says Dalian-based branch receives verdict
Friday, 21 Jul 2017 05:14am EDT 

July 21 (Reuters) - CMST Development Co Ltd <600787.SS>:* Says Dalian-based branch received verdict from the Supreme People's Court of the people's Republic of China, regarding the lawsuit filed by the co against a grain and oil storage firm and a plastics firm .* According to verdict, the grain and oil storage firm was requested to pay 54.5 million yuan and related interest to Dalian-based unit .  Full Article

CMST Development to boost capital in finance firm jointly with its other shareholders
Tuesday, 27 Jun 2017 01:38am EDT 

June 27 (Reuters) - CMST Development Co Ltd <600787.SS> ::* Says co plans to boost capital in finance firm jointly with its other shareholders, and co's stake in it will be diluted to 3 percent from 9 percent .  Full Article

CMST Development says dividend payment date
Thursday, 1 Jun 2017 10:28pm EDT 

June 2 (Reuters) - CMST Development Co Ltd <600787.SS>:* Says it will pay a cash dividend of 0.035 yuan per share(before tax) for 2016 to shareholders of record on June 8.* The company's shares will be traded ex-right and ex-dividend on June 9 and the dividend will be paid on June 9.  Full Article