Pacific Basin Shipping Ltd (2343.HK)
21 Sep 2018
Latest Key Developments (Source: Significant Developments)
Aug 9 (Reuters) - Pacific Basin Shipping Ltd <2343.HK>::UPDATES ON US$125 MILLION , 3.25 PERCENT GUARANTEED CONVERTIBLE BONDS DUE 2021.PACIFIC BASIN SHIPPING - CONVERSION PRICE OF BONDS WILL BE ADJUSTED FROM HK$3.07 PER SHARE TO HK$3.03 PER SHARE WITH EFFECT FROM 9 AUGUST 2018. Full Article
Aug 3 (Reuters) - Baltic Exchange's Main Sea Freight Index <.BADI>::RISES 17 POINTS, 0.97 PERCENT, TO 1,773 POINTS. Full Article
July 27 (Reuters) - Pacific Basin Shipping Ltd <2343.HK>::HY PROFIT ATTRIBUTABLE US$30.8 MILLION VERSUS LOSS ATTRIBUTABLE US$12 MILLION.HY REVENUE US$ 795.6 MILLION VERSUS US$702.9 MILLION.INTERIM DIVIDEND HK 2.5 CENTS PER SHARE."TRADE DISPUTE ACTIONS TO DATE IMPACT ONLY A SMALL FRACTION OF THE TRADES IN WHICH WE ARE ENGAGED". Full Article
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
HONG KONG (Reuters Breakingviews) - As China bulls gain momentum, a new breed of bears has awakened, too. Waning concerns about the country’s economy, debt and infrastructure projects were reflected in some of the investment opportunities proposed at Sohn Hong Kong, the annual idea-fest that helps raise money to fight cancer. Scepticism about tech titans, however, suggests a new mindset shift could be underway.