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Pacific Basin Shipping Ltd (2343.HK)

2343.HK on Hong Kong Stock

2.14HKD
26 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Pacific Basin Shipping Updates On Grant of Listing Approval of Proposed Issue of New Shares
Monday, 23 Apr 2018 

April 23 (Reuters) - Pacific Basin Shipping Ltd <2343.HK>::STOCK EXCHANGE GRANTED APPROVAL FOR LISTING OF, & PERMISSION TO DEAL IN, NEW SHARES ON MAIN BOARD OF STOCK EXCHANGE.  Full Article

Pacific Basin Shipping FY Net Profit Us$3.6 Mln Vs Us$86.5 Mln Net Loss
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Pacific Basin Shipping Ltd <2343.HK>::FY NET PROFIT OF US$3.6 MILLION VERSUS US$86.5 MILLION NET LOSS.FY REVENUE US$1,488.0 MILLION VERSUS US$1,087.4 MILLION.  Full Article

Pacific Basin Shipping updates on placing agreement
Wednesday, 2 Aug 2017 

Aug 2 (Reuters) - Pacific Basin Shipping Ltd <2343.HK>::Company entered into placing agreement with HSBC.Gross proceeds from placing will be approximately US$38.0 million assuming placing shares are fully placed.Agreement‍ to subscribe for 186.9 million placing shares at placing price of HK$1.59 per placing share​.Intends to apply net proceeds from placing to finance portion of cash payment as part of consideration for vessels' acquisition.  Full Article

Pacific Basin proposes acquisition of five modern dry bulk vessels
Wednesday, 2 Aug 2017 

Aug 2 (Reuters) - Pacific Basin Shipping Ltd <2343.HK>:proposed acquisition of five modern dry bulk vessels and proposed issue of vessel consideration shares under the general mandate .Aggregate consideration for five vessels is US$104.6 million.‍PB vessels holding limited has entered into five separate ship contracts for acquisition of five vessels​.  Full Article

Pacific Basin Shipping says HY loss attributable $12 mln
Friday, 28 Jul 2017 

July 28 (Reuters) - Pacific Basin Shipping Ltd <2343.HK>:Hy revenue $702.9 million versus $488.4‍​ million.Hy loss attributable to shareholders $12 million versus loss $49.8 million.  Full Article

Pacific Basin Shipping appoints Peter Schulz as CFO
Monday, 24 Apr 2017 

April 24 (Reuters) - Pacific Basin Shipping Ltd <2343.HK>:Peter Schulz has been appointed as chief financial officer of company.Andrew Thomas Broomhead shall step down from role of executive director and chief financial officer on 20 august 2017.  Full Article

Pacific Basin Shipping says it has agreed that 23.1 mln new shares will be issued
Friday, 10 Mar 2017 

Pacific Basin Shipping Ltd <2343.HK>: On 10 march, board announces that it has agreed that 23.1 million new shares will be issued to trustee at hk$1.77 per share .Aggregate consideration of hk$40.9 million.  Full Article

Pacific Basin Shipping Ltd issues quarterly update
Thursday, 6 Oct 2016 

Pacific Basin Shipping Ltd <2343.HK>: In first half of 2017, will be relocating co's hong kong headquarters out of hong kong's central business district . "based on these expected losses, additional disposal losses or impairments on remaining towage assets are possible at year end" . "dry bulk market remains challenging with average industry freight earnings at loss-making levels" .Expected that global dry bulk fleet will still register a small net growth in capacity for full year 2016.  Full Article