Edition:
United States

Delong Holdings Ltd (DELO.SI)

DELO.SI on Stock Exchange of Singapore

2.49SGD
12 Dec 2017
Change (% chg)

$-0.04 (-1.58%)
Prev Close
$2.53
Open
$2.53
Day's High
$2.54
Day's Low
$2.49
Volume
46,500
Avg. Vol
170,052
52-wk High
$4.28
52-wk Low
$0.27

Latest Key Developments (Source: Significant Developments)

Delong Holdings Says Unit To Buy 60% Stake In Xingtai Degui Nano Material Technology
Wednesday, 6 Dec 2017 04:27am EST 

Dec 6 (Reuters) - Delong Holdings Ltd ::UNIT AS PURCHASER ENTERS SALE AND PURCHASE AGREEMENT WITH GUO ZHIMIN TO ACQUIRE 60% STAKE IN XINGTAI DEGUI NANO MATERIAL TECHNOLOGY.DEAL FOR RMB6.0 MILLION.‍PROPOSED ACQUISITION NOT EXPECTED TO HAVE ANY MATERIAL IMPACT ON NET TANGIBLE ASSETS PER SHARE OR EPS FOR FY ENDING 31 DEC 2017​.  Full Article

Delong Holdings Says Expected FY2017 Production Capacity About 3.5 Mln Tonnes
Tuesday, 5 Dec 2017 04:13am EST 

Dec 5 (Reuters) - Delong Holdings Ltd ::GROUP'S PRODUCTION CAPACITY FOR FY2017 & FY2018 EXPECTED TO BE ABOUT 3.5 MILLION TONNES & 2.9 MILLION TONNES RESPECTIVELY.‍GROUP'S REVENUE WILL BE REDUCED BY ABOUT RMB696.0 MILLION IN FY 17 AND RMB1,494.0 MILLION IN FY18.  Full Article

Delong Recived‍ Approval-In-Principle From Sgx-St For Proposed Jv
Wednesday, 29 Nov 2017 05:42am EST 

Nov 29 (Reuters) - Delong Holdings Ltd ::RECIVED‍ APPROVAL-IN-PRINCIPLE FROM SGX-ST FOR PROPOSED JV BETWEEN UNIT AND SHANGHAI DECENT INVESTMENT AND PT. INDONESIA MOROWALI.  Full Article

Delong Holdings posts qtrly profit attributable of RMB973.9 mln
Friday, 3 Nov 2017 05:34am EDT 

Nov 3 (Reuters) - Delong Holdings Ltd :Qtrly ‍sales RMB3.67 billion versus RMB2.53 billion.Qtrly profit attributable RMB973.9 million versus RMB229.3 million.  Full Article

Delong Holdings ‍expects to report a significant rise in net profit for Q3
Monday, 23 Oct 2017 08:05am EDT 

Oct 23 (Reuters) - Delong Holdings Ltd ::Expected to report a significant increase in net profit for 3Q2017​.Expected result due to ‍significant rise in average selling prices of products sold amid tighter supplies.  Full Article

Delong Holdings responds to SGX query‍​
Monday, 23 Oct 2017 07:59am EDT 

Oct 23 (Reuters) - Delong Holdings Ltd :Responds to SGX query‍​.Understands from one of its substantial shareholders that it is in process of carrying out a strategic review of its shares in co​.  Full Article

Delong Holdings says Qtrly sales rmb3.20 billion
Tuesday, 8 Aug 2017 05:12am EDT 

Aug 8 (Reuters) - Delong Holdings Ltd ::Board of directors of company does not recommend that a dividend be paid for q2 30 June 2017.Qtrly sales rmb3.20 billion versus rmb2.54 billion.Qtrly profit attributable to equity holders of company rmb380.8 million versus rmb284.8 million.  Full Article

Delong says Delong Steel Singapore Projects enters agreement with Shanghai Decent Investment
Monday, 12 Jun 2017 05:21am EDT 

June 12 (Reuters) - Delong Holdings Ltd ::Delong Steel Singapore Projects entered into a joint venture agreement with Shanghai Decent Investment.Parties have agreed inter alia to invest and construct a steel project at Tshingshan Park and set up a JV company in Indonesia.Says under agreement, estimated total initial investment amount of proposed JV is approximately USD950 million.  Full Article

Delong Holdings says group is currently in discussions relating to a potential collaboration
Friday, 26 May 2017 05:06am EDT 

May 26 (Reuters) - Delong Holdings Ltd ::Group is currently in ongoing discussions with certain parties relating to a potential collaboration.‍No definitive agreements have been entered into in relation to potential collaboration​.  Full Article

Delong Holdings responds to SGX queries
Tuesday, 23 May 2017 05:06am EDT 

May 23 (Reuters) - Delong Holdings Ltd :Anticipating its unit, laiyuan county aoyu steel co., ltd., will cease its steel-making operations in near future.  Full Article

Deals of the day-Mergers and acquisitions

Nov 10 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday: