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Shandong Weigao Group Medical Polymer Co Ltd (1066.HK)

1066.HK on Hong Kong Stock

6.01HKD
23 May 2018
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Latest Key Developments (Source: Significant Developments)

Shandong Weigao Group Medical Polymer says Nikkiso Agreed To Subscribe For Additional Capital In Unit ​
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Shandong Weigao Group Medical Polymer Co Ltd <1066.HK>::SHANDONG WEIGAO GROUP MEDICAL POLYMER CO - ‍XIA LIE BO HAS RESIGNED AS AN EXECUTIVE DIRECTOR WITH EFFECT FROM 4 DEC 2017​.‍ NIKKISO AGREED TO SUBSCRIBE FOR ADDITIONAL CAPITAL IN UNIT FOR TOTAL CONSIDERATION OF RMB100 MILLION​.  Full Article

Shandong Weigao Group Medical Polymer updates on formation of JV to acquire Argon Medical Devices
Sunday, 24 Sep 2017 

Sept 25 (Reuters) - Shandong Weigao Group Medical Polymer Co Ltd <1066.HK>:Company,JV partner,WW Medical and Healthcare,unit,Roundtable Healthcare Partners III,Argon Medical Devices enter deal.Deal for consideration is us$850 million.  Full Article

Shandong Weigao Group Medical Polymer HY net profit RMB385.5 mln vs RMB584.4 mln<1066.HK>
Wednesday, 17 Aug 2016 

Shandong Weigao Group Medical Polymer Co Ltd <1066.HK>: Announcement of interim results for the six months ended 30 June 2016 <1066.HK> . HY revenue RMB 3.20 billion versus RMB2.88 billion year ago . HY net profit RMB 385.5 million versus RMB584.4 million year ago . The board of directors recommends the distribution of an interim dividend of RMB0.041 per share for the six months ended 30 June 2016 .  Full Article

Shandong Weigao Group Medical Polymer receives regulatory confirmation on disposal<1066.HK>
Tuesday, 19 Jul 2016 

Shandong Weigao Group Medical Polymer Co Ltd <1066.HK>: Inside information proposed disposal of 81% equity interest in Shandong Weigao Orthopaedic Device Company Limited . On 13 July 2016, the company received confirmation from the stock exchange that it may proceed with the proposed disposal . In relation to the proposed disposal, company has submitted a spin-off proposal to the stock exchange .  Full Article

Shandong Weigao Group Medical Polymer enters into agreements with Winbase International<1066.HK>
Wednesday, 15 Jun 2016 

Shandong Weigao Group Medical Polymer Co Ltd <1066.HK>: Major transaction involving proposed disposal of 81% equity interest in weigao ortho, discloseable transaction involving possible disposal of the consideration shares, discloseable transaction involving proposed acquisition . Company and Weigao Logistic entered into asset transfer agreement with Winbase International . Expects to record decrease in net profit for six months ending June 30 . Deal for RMB4.91 billion . Expected results due to recognition of the share-based payment expenses . Company entered into share transfer agreement with shiyou chemical . Co has conditionally agreed to acquire the sale shares at a consideration of RMB1.42 billion . Winbase International and co entered into subscription agreement of cash consideration of RMB300 million .  Full Article