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Aluminum Corp Of China Signs Framework Agreement For Acquisition Of Assets

Thursday, 11 Jan 2018 04:36am EST

Jan 11 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::ALUMINUM CORP OF CHINA - CO PROPOSES TO ACQUIRE 30.80% OF EQUITY INTERESTS IN CHALCO SHANDONG AND 36.90% OF EQUITY INTERESTS IN ZHONGZHOU ALUMINUM.ALUMINUM CORP OF CHINA - CO ENTERED FRAMEWORK AGREEMENT ON ISSUANCE OF SHARES FOR ACQUISITION OF ASSETS BY ALUMINUM CORPORATION OF CHINA LTD.ALUMINUM CORP OF CHINA - ‍CO TO ACQUIRE 25.67% OF EQUITY INTERESTS IN BAOTOU ALUMINUM AND 81.14% OF EQUITY INTERESTS IN CHALCO MINING​.ALUMINUM CORP OF CHINA - TRANSACTION WILL NOT RESULT IN A CHANGE OF CONTROL OF COMPANY, NOR WILL IT CONSTITUTE A RESTRUCTURING FOR LISTING.ALUMINUM CORP OF CHINA - CO AND COUNTERPARTIES ENTERED FRAMEWORK AGREEMENT TO REACH A PRELIMINARY INTENT ON MATTERS CONCERNING RESTRUCTURING.ALUMINUM CORP OF CHINA - CO IS EXPECTED TO DISCLOSE PROPOSAL FOR RESTRUCTURING & APPLY FOR RESUMPTION OF TRADING OF SHARES BEFORE 12 FEBRUARY 2018.

Aluminum Corp of China's 9-mth profit up, to bring in investors for units

Thursday, 26 Oct 2017 08:17am EDT

Oct 26 (Reuters) - Aluminum Corp of China Ltd <601600.SS>2600.HKACH.N:Says 9-month net profit up 990.9 percent y/y at 1.36 billion yuan ($205.00 million).Says it plans to sell 60 percent stake in Shandong-based engineering firm for 360.4 million yuan.Says it plans to bring in external investors to invest a combined up to 16 billion yuan in five units.

Guangdong Hoshion Aluminium sees FY 2017 net profit down 10.7 pct to 20 pct

Sunday, 22 Oct 2017 10:35pm EDT

Oct 23 (Reuters) - Guangdong Hoshion Aluminium Co Ltd <002824.SZ>:Says it sees net profit for FY 2017 to decrease by 10.7 percent to 20 percent, or to be 60 million yuan to 67 million yuan .Says FY 2016 net profit was 75 million yuan.Comments that decreased electronic products income as well as increased depreciation for plant assets and exchange loss as main reasons for the forecast .

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