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Anhui Water Resources Development Co Ltd (600502.SS)

600502.SS on Shanghai Stock Exchange

7.00CNY
16 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Anhui Water Resources Development To Set Up Firm For 2 Bln Yuan
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Anhui Water Resources Development Co Ltd <600502.SS>::SAYS IT PLANS TO SET UP WATER RESOURCES DEVELOPMENT FIRM WITH REGISTERED CAPITAL OF 2.0 BILLION YUAN ($307.46 million).  Full Article

Anhui Water Resources Development says 2017 H1 A share dividend payment date on Oct. 25
Thursday, 19 Oct 2017 

Oct 19(Reuters) - Anhui Water Resources Development Co Ltd <600502.SS>:Says it will pay a cash dividend of 0.05 yuan per share (before tax) for 2017 H1 to shareholders of A shares recorded on Oct. 24 .Says the company's shares will be traded ex-right and ex-dividend on Oct. 25 and the dividend will be paid on Oct. 25 .  Full Article

Anhui Water Resources Development sees H1 FY 2017 net profit up 80 pct to 100 pct
Friday, 21 Jul 2017 

July 21(Reuters) - Anhui Water Resources Development Co Ltd <600502.SS> ::* Sees H1 FY 2017 net profit to increase by 80 percent to 100 percent, or to be 147.7 million yuan to 164.2 million yuan.* Says H1 FY 2016 net profit was 82.1 million yuan.* The reasons for the forecast are improved PPP project and contribution from company acquisition .  Full Article

Anhui Water Resources to acquire construction engineering firm for 3 bln yuan
Tuesday, 14 Jun 2016 

Anhui Water Resources Development Co Ltd <600502.SS> : Says to acquire Anhui Construction Engineering Group for 3.03 billion yuan ($459.72 million) .Says to raise 1.79 billion yuan in private placement of shares to fund projects.  Full Article

Anhui Water Resources Development to pay 2015 dividend on June 2
Friday, 27 May 2016 

Anhui Water Resources Development Co Ltd <600502.SS> : To pay a cash dividend of 0.6 yuan (before tax) per 10 shares and distribute two new shares for every 10 shares as stock dividends, to shareholders of record on June 1, for 2015 . To use additional paid-in capital to distribute five new shares for every 10 shares .Says the company's shares will be traded ex-right and ex-dividend on June 2 and the dividend will be paid on June 2.  Full Article

Anhui Water Resources Development unit wins bid to acquire land
Wednesday, 27 Apr 2016 

Anhui Water Resources Development Co Ltd:Says wholly owned Anhui-based real estate subsidiary won bid to acquire using right of land located in Bengbu, China, for 408.53 mln yuan.  Full Article

Anhui Water Resources Development to set up project company
Tuesday, 26 Apr 2016 

Anhui Water Resources Development Co Ltd:To set up a new project company in Bin County, with Bin-based water company.The joint venture will be engaged in construction and management of the reservoir business, with a registration capital of 449 million yuan.The company will hold a 51 pct stake in the joint venture.  Full Article

Anhui Water Resources Development to acquire Anhui Construction&Engineering Group for 1.99 bln yuan
Thursday, 31 Mar 2016 

Anhui Water Resources Development Co Ltd:Says to issue 280.5 million A shares at 11.18 yuan per share for proceeds of 3.14 billion yuan to fully acquire Anhui Construction&Engineering Group.Says to raise up to 1.788 billion yuan via private placement to eight parties.Says the target company, also as the previous top shareholder, Anhui Construction&Engineering Group's stake in the company to decrease to 0 percent from 16.07 percent (85.5 million shares).Says the transaction counter party, which is also the indirect shareholder of the company, its stake will rise to 31.6 percent (280.5 million shares) from 0 percent.  Full Article

Anhui Water Resources Development to provide loan guarantee for two subsidiaries
Saturday, 12 Mar 2016 

Anhui Water Resources Development Co Ltd:To provide loan guarantee of totaling 850 million yuan for its two wholly owned subsidiaries, with a term of two years.  Full Article

Anhui Water Resources Development announces 2015 dividend payment
Saturday, 12 Mar 2016 

Anhui Water Resources Development Co Ltd:To use undistributed profits to pay a cash dividend of 0.6 yuan (pre-tax) per 10 shares to shareholders for 2015.To distribute two new share for every 10 shares as stock dividends.To use additional paid-in capital to distribute five new shares for every 10 shares.  Full Article