Shengtun Mining (600711.SH): Plans to spend 180 million yuan to acquire 14% of Shengtun Global Resources
Gelonghui, January 19丨Shengtun Mining (600711.SH) announced that in order to further implement the company's integrated operation of mining, selection and metallurgy in the African resource sector, optimize the governance structure, and enhance the company's operational development quality and competitiveness, in line with the company's actual development situation, Shengtun New Materials plans to sign an “Equity Transfer Agreement” with United Century to continue to acquire the remaining 14% of Shengtun Global Resources shares held by United Century through cash. The valuation of this transaction was appropriately reduced in accordance with the previous transaction. After negotiation between the parties to the transaction, the transaction price was finally determined to be 180 million yuan. After the acquisition was completed, Shengtunxin, a wholly-owned subsidiary of the company
Bidder Completes Compulsory Acquisition of Remaining Global Palm Resources Shares
ATH Holdings completed the compulsory acquisition of all the remaining Global Palm Resources (SGX:BLW) shares not already owned by the offeror or its affiliates, pursuant to the offer to take the Sing
Shengtun Mining (600711.SH): Plans to acquire 35% of Shengtun Global Resources shares for 483 million yuan
On June 30丨Shengtun Mining (600711.SH) announced that in order to firmly implement the company's “up-control resources, down-expand materials” development strategy, further optimize the subsidiary's equity structure, combine the actual development situation of the company, and enhance the quality and competitiveness of the company's business development, the company's wholly-owned subsidiary Shengtun New Materials plans to sign a “Equity Transfer Agreement” with United Century to acquire 35% of the shares in Shengtun Global Resources held by United Century through cash. Shengtun Global Resources is mainly engaged in resource investment, equipment import and export, commodity trade, etc. It is an important holding subsidiary of the company. Over the years, the company has been efficient and stable
Global Palm Resources Gets Regulatory Nod to Delist
Global Palm Resources (SGX:BLW) said the Singapore Exchange has informed that it has no objection to the proposed delisting of the company from the bourse. This follows the ownership of ATH Holdings i
Bidder's Ownership in Global Palm Resources Under Privatization Offer Crosses 90%
ATH Holdings' ownership in Global Palm Resources (SGX:BLW), pursuant to its offer to take the Singaporean palm oil producer private, has crossed 90%. As of May 17, the total number of shares owned, co
Global Palm Resources Ropes in Financial Adviser for Adijanto Family's Buyout Offer
01:10 AM EDT, 04/05/2023 (MT Newswires) -- Global Palm Resources (SGX:BLW) hired Provenance Capital to advise the company's directors on the buyout offer from the Adijanto family. The company's chief
Global Palm Resources CEO, Family Members Launch SG$0.25 per Share Privatization Offer
05:16 AM EDT, 03/29/2023 (MT Newswires) -- Global Palm Resources' (SGX:BLW) chief executive officer Suparno Adijanto, together with six of his family members, made an offer to take the Singaporean pal
With EPS Growth And More, Global Palm Resources Holdings (SGX:BLW) Makes An Interesting Case
Why Investors Shouldn't Be Surprised By Global Palm Resources Holdings Limited's (SGX:BLW) 31% Share Price Plunge
The Global Palm Resources Holdings Limited (SGX:BLW) share price has fared very poorly over the last month, falling by a substantial 31%. The drop over the last 30 days has capped off a tough year
The latest announcement of Pengxin Resources: 82.5136 million shares of the controlling shareholder and 107 million shares of re-pledge
Pengxin Resources announcement, shareholder Pengxin Group this time to resolve the pledge of 82.5136 million shares. On October 25, 2021, Pengxin Group pledged 82.5136 million shares (3.73% of the company's total share capital) held by Pengxin Group to Nanjing Branch of Bohai Bank Co., Ltd. the relevant pledge procedures were completed at the Shanghai Branch of China Securities Registration and Clearing Co., Ltd on October 25, 2021. On October 29, 2021, Pengxin Group pledged 24.3104 million shares (accounting for 1.1% of the company's total share capital) of its unlimited tradable shares to Bohai Bank.
The latest announcement of Pengxin Resources: the net profit of 28.0665 million yuan in the third quarter fell 72% compared with the same period last year.
Pengxin Resources announced that operating income in the third quarter was 2.642 billion yuan, down 10.33% from the same period last year, while net profit belonging to shareholders of listed companies was 28.0665 million yuan, down 71.67% from the same period last year. Basic earnings per share is 0.0127 yuan. According to the third quarterly report of Pengxin Resources 2021, the company's main income was 7.519 billion yuan, up 17.01% from the same period last year; the net profit was 89.5666 million yuan, up 34.23% from the same period last year; the non-net profit was 90.8049 million yuan, down 33.94% from the same period last year; among them, in the third quarter of 2021, the company's main income in a single quarter was 26.4%.
Global Palm Revises Use of $5 Million of Funds
01:16 AM EDT, 10/08/2021 (MT Newswires) -- Global Palm Resources (SGX:BLW) reallocated the use of SG$6.9 million ($5.1 million) in remaining proceeds from its initial public offering in 2013 for the
Global Palm Unit Buys Office in Indonesia for Nearly $6 Million
01:38 AM EDT, 10/04/2021 (MT Newswires) -- Global Palm Resources (SGX:BLW) said its subsidiary Prakarsa Tani Sejati has completed the purchase of an office property in the Sudirman Central Business D
Global Palm Resources Swings to Profit in H1 on Higher Revenue
01:15 AM EDT, 09/28/2021 (MT Newswires) -- Global Palm Resources (SGX:BLW) turned to profit in the first half ended June 30 thanks to a 79% surge in revenue amid higher crude palm oil and palm kernel
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