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CMST Development Co Ltd (600787.SS)

600787.SS on Shanghai Stock Exchange

11.63CNY
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Latest Key Developments (Source: Significant Developments)

CMST Development to invest 8 mln yuan to set up investment management company with partners
Thursday, 28 Dec 2017 

Dec 28(Reuters) - CMST Development Co Ltd <600787.SS> ::Says it will invest 8 million yuan to set up an investment management company with partners.Says it will hold 40 percent stake in the target company.  Full Article

CMST Development's branch to invest 96.5 mln yuan to construct distribution center
Thursday, 28 Dec 2017 

Dec 28(Reuters) - CMST Development Co Ltd <600787.SS> ::Says its branch plans to invest 96.5 million yuan to construct port warehouse distribution center.  Full Article

CMST Development to set up Shanghai-based investment JV with GLP HK Holdings
Wednesday, 6 Dec 2017 

Dec 6(Reuters) - CMST Development Co Ltd <600787.SS>:Says co plans to set up Shanghai-based investment JV with GLP HK Holdings Limited, with registered capital of 600 million yuan.Says GLP HK Holdings Limited is co's second biggest shareholder CLH 12 (HK) Limited's controlling shareholder.Says co will hold 51 percent stake in the JV.  Full Article

CMST Development's 9-month net profit up 180.9 pct y/y
Monday, 30 Oct 2017 

Oct 30 (Reuters) - CMST Development Co Ltd <600787.SS>:Says 9-month net profit up 180.9 percent y/y.  Full Article

CMST Development to sell two real estate unit for 2.46 bln yuan
Monday, 14 Aug 2017 

Aug 14 (Reuters) - CMST Development Co Ltd <600787.SS>:* Says it will sell 100 percent stake in two Tianjin-based real estate firms for 2.46 billion yuan to Beijing-based real estate investment firm .* Says Beijing-based real estate investment firm will issue 2.45 billion shares and pay 9 million yuan to the co .* Says the co will raise voting power in Beijing-based real estate investment firm to 35 percent from 0 percent after transaction .  Full Article

CMST Development to establish unit in Tianjin
Wednesday, 8 Jun 2016 

CMST Development <600787.SS> Co., Ltd:Says it will invest 100 million yuan to establish wholly owned unit in Tianjin, which will be mainly engaged in logistics and storage etc. business.  Full Article

CMST Development to pay 2015 dividend on June 8
Wednesday, 1 Jun 2016 

CMST Development Co., Ltd. <600787.SS> : Says it will pay cash dividend of 0.032 yuan per share (before tax) for 2015 to shareholders of A shares of record on June 7 .Says the company's shares will be traded ex-right and ex-dividend on June 8 and the dividend will be paid on June 8.  Full Article

CMST Development expects 2016 Q1 net profit to rise
Thursday, 7 Apr 2016 

CMST Development Co Ltd:Says expects 2016 Q1 net profit to increase by 900 percent compared with 2015 Q1.Says 2015 Q1 net income was 22.1 million yuan.Comments that revenue comes from relocation compensation is the main reason for the forecast.  Full Article

CMST Development announces 2015 dividend payment
Wednesday, 16 Mar 2016 

CMST Development Co Ltd:To pay cash dividend of 0.32 yuan per 10 shares (before tax) to shareholders for 2015.  Full Article

CMST Development to provide loan guarantee for subsidiary
Wednesday, 16 Mar 2016 

CMST Development Co Ltd:Says to provide loan guarantee of 342 million yuan for a wholly owned subsidiary based in Tianjin.Says the loan guarantee is with a term of one year.  Full Article