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Jiangsu Lugang Culture Co Ltd (601599.SS)

601599.SS on Shanghai Stock Exchange

6.75CNY
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Jiangsu Lugang Culture acquires stake in two firms
Tuesday, 5 Dec 2017 

Dec 5(Reuters) - Jiangsu Lugang Culture Co Ltd <601599.SS>:Says it acquired 45 percent stake in a Zhejiang-based film and television company and increased stake in the film and television company to 96 percent from 51 percent.Says it acquired 30 percent stake in a sewage treatment company and increased stake in the sewage treatment company to 60 percent from 30 percent .Previous plans were announced on Nov. 6 and Nov. 7 respectively.  Full Article

Jiangsu Lugang Culture to acquire 30 pct stake in sewage treatment firm for 62.1 mln yuan
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Jiangsu Lugang Culture Co Ltd <601599.SS>:Says it will acquire 30 percent stake in zhangjiagang-based sewage treatment firm for 62.1 million yuan and raise stake in the co to 60 percent from 30 percent after transaction .  Full Article

Jiangsu Lugang Culture plans investment fund with partners, stake acquisition in media firm
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Jiangsu Lugang Culture Co Ltd <601599.SS>:Says it plans to set up investment fund worth 1.0 billion yuan ($150.88 million) with partners.Says it signs agreement to buy 45 percent stake in media firm for 395 million yuan.  Full Article

Jiangsu Lugang Culture to set up cultural industry investment unit in Suzhou
Wednesday, 20 Jul 2016 

Jiangsu Lugang Culture <601599.SS>: Says it will use 50 million yuan to set up a wholly owned subsidiary in Suzhou .Says the subsidiary will be engaged in cultural industry investment.  Full Article

Jiangsu Lugang Culture to set up cultural industry investment unit
Wednesday, 20 Jul 2016 

Jiangsu Lugang Culture <601599.SS>: Says it will use HK$1 million to set up a wholly owned subsidiary in Hong Kong .Says the new subsidiary will be engaged in cultural industry investment.  Full Article

Jiangsu Lugang Science & Technology changes company name
Wednesday, 8 Jun 2016 

Jiangsu Lugang Science & Technology <601599.SS> Co Ltd:Says it name changed to Jiangsu Lugang Culture Co Ltd.  Full Article

Jiangsu Lugang Science & Technology to pay 2015 dividend on June 8
Thursday, 2 Jun 2016 

Jiangsu Lugang Science & Technology Co., Ltd. <601599.SS> : Says it will pay a cash dividend of 1 yuan (before tax) per 10 shares and use additional paid-in capital to distribute 10 new shares for every 10 shares for 2015, to shareholders 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

Jiangsu Lugang Science & Technology to change company name
Wednesday, 20 Apr 2016 

Jiangsu Lugang Science & Technology Co Ltd:To change company name into Jiangsu lugang culture co., ltd.Effective date of the name change is not disclosed.  Full Article

Jiangsu Lugang Science & Technology to invest 200 mln yuan to set up unit
Wednesday, 20 Apr 2016 

Jiangsu Lugang Science & Technology Co Ltd:Says company to establish a unit based in Suzhou with registered capital of 200 million yuan.Says the unit will be engaged in textile fabrics process and sales business.  Full Article

Jiangsu Lugang Science & Technology announces 2015 dividend payment
Wednesday, 20 Apr 2016 

Jiangsu Lugang Science & Technology Co Ltd:To it use undistributed profits to pay a cash dividend of 1 yuan (pre-tax) per 10 shares to shareholders for 2015.To it use additional paid-in capital to distribute 10 new shares for every 10 shares.  Full Article

BRIEF-Jiangsu Lugang Culture Plans To Boost Unit's Registered Capital To 250 Million Yuan

* SAYS IT PLANS TO BOOST TECHNOLOGY UNIT'S REGISTERED CAPITAL BY 239.6 MILLION YUAN ($36.27 million) TO 250 MILLION YUAN Source text in Chinese: http://bit.ly/2AKmSPi Further company coverage: ($1 = 6.6066 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)