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China Water Affairs Group Ltd (0855.HK)

0855.HK on Hong Kong Stock

7.33HKD
19 Jul 2019
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Latest Key Developments (Source: Significant Developments)

China Water Affairs Group Announces Acquisition Of 29.5 Pct Stake In Kangda International
Wednesday, 3 Apr 2019 

April 3 (Reuters) - China Water Affairs Group Ltd <0855.HK>::ANNOUNCES ACQUISITION OF 29.52% OF ISSUED SHARE CAPITAL OF KANGDA INTERNATIONAL.DEAL FOR TOTAL OF HK$1.20 BILLION.UNIT ENTERED INTO ACQUISITION AGREEMENT WITH KANGDA HOLDINGS AND ZHAO FOR SAID ACQUISITION.  Full Article

China Water Affairs Group Announces Acquisition Of A Water Company In Hanchuan City
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - China Water Affairs Group Ltd <0855.HK>::ANNOUNCES ACQUISITION OF A WATER COMPANY IN HANCHUAN CITY.DEAL FOR RMB180 MILLION.DEAL TO ACQUIRE HUBEI CHUANDONG ENVIRONMENTAL PROTECTION ENERGY DEVELOPMENT CO., LTD.  Full Article

China Water Affairs Group's Tender For Water Supply Project Was Accepted
Monday, 10 Dec 2018 

Dec 10 (Reuters) - China Water Affairs Group Ltd <0855.HK>::CO'S TENDER FOR WATER SUPPLY PROJECT FOR DIANJIANG COUNTY & HUANGSHA TOWN PROPOSED BY DIANJIANG WATER WAS ACCEPTED.PROPOSED THAT UNIT ENTER INTO COOPERATION AGREEMENT AND SET UP A JOINT VENTURE COMPANY TO CARRY OUT PROJECT.UNIT TO CONTRIBUTE RMB110 MILLION TO CAPITAL OF JV & HOLD 44% WHILE INVESTOR WILL CONTRIBUTE RMB140 MILLION & HOLD 56% STAKE.  Full Article

China Water Affairs Says JV Partner & Two Units To Establish A JV Co
Tuesday, 11 Sep 2018 

Sept 11 (Reuters) - China Water Affairs Group Ltd <0855.HK>::JV PARTNER & TWO UNITS TO ESTABLISH A JV CO WHICH WILL BE ENGAGED IN WATER SUPPLY BUSINESS IN JIA COUNTY.TOTAL REGISTERED CAPITAL OF JV COMPANY WILL BE ABOUT RMB100 MILLION.EXPECTED THAT TOTAL DESIGNED DAILY WATER SUPPLY CAPACITY OF JV CO WILL REACH 60,000 TONNES PER DAY.TWO WHOLLY OWNED SUBSIDIARIES OF CO WILL CONTRIBUTE BY WAY OF CASH AND WILL HOLD 80% OF EQUITY INTEREST IN TOTAL.  Full Article

China Water Affairs Group Announces Proposed Share Premium Reduction
Monday, 30 Jul 2018 

July 31 (Reuters) - China Water Affairs Group Ltd <0855.HK>::PROPOSE TO REDUCE ENTIRE AMOUNT STANDING TO CREDIT OF SHARE PREMIUM ACCOUNT OF COMPANY TO NIL.  Full Article

China Water Affairs Group Announces Formation Of Joint Venture In Gongan
Monday, 23 Apr 2018 

April 23 (Reuters) - China Water Affairs Group Ltd <0855.HK>::GONGAN GOVERNMENT & CO ENTER COOPERATION DEAL TO ESTABLISH A JV CO TO BE ENGAGED IN WATER SUPPLY BUSINESS IN GONGAN COUNTY.TOTAL REGISTERED CAPITAL OF JV CO WILL BE ABOUT RMB237 MILLION; CO OR ITS UNIT WILL CONTRIBUTE AND WILL HOLD 51% OF STAKE.  Full Article

China Water Affairs Group Posts ‍HY Profit Attributable Of HK$537 Mln
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - China Water Affairs Group Ltd <0855.HK>::‍HY REVENUE HK$3,513.7 MILLION, UP 16.3 PERCENT​.HY PROFIT ATTRIBUTABLE HK$537.0 MILLION VERSUS HK$429.1 MILLION A YEAR AGO ​.PROPOSED INTERIM DIVIDEND OF HK8 CENTS PER SHARE‍​.INTENDS TO INCREASE ITS DIVIDEND PAYOUT RATIO TO NOT LESS THAN 30% OF ITS BASIC EARNINGS PER SHARE STARTING FROM CURRENT FY.  Full Article

China Water Affairs Group's unit ‍enters deal to establish JV co with Jian County Water Co
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - China Water Affairs Group Ltd <0855.HK>::Unit ‍enters into cooperation deal with Jian County Water Co to establish JV co engaged in water supply in Jian County​.Pursuant to agreement, registered capital of JV will be RMB87.3 million​ & unit will contribute about RMB63 million.Unit to hold 72 percent stake in JV co, Jian County Water Co to hold 28 percent stake in JV co.  Full Article

China Water Affairs Group says unit buys 70 pct water supply co stake for about RMB61​ mln
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - China Water Affairs Group Ltd <0855.HK>::Unit to buy, among others, 70 percent stake in water supply company for about RMB61​ million in cash.  Full Article