Edition:
United Kingdom

Shanghai Zhenhua Heavy Industries Co Ltd (900947.SS)

900947.SS on Shanghai Stock Exchange

0.52USD
23 May 2018
Change (% chg)

$-0.00 (-0.39%)
Prev Close
$0.52
Open
$0.52
Day's High
$0.52
Day's Low
$0.51
Volume
339,411
Avg. Vol
1,306,539
52-wk High
$0.58
52-wk Low
$0.50

Latest Key Developments (Source: Significant Developments)

Petrofac Sells Jsd6000 Project To Shanghai Zhenhua Heavy Industries
Tuesday, 24 Apr 2018 

April 24 (Reuters) - PETROFAC LTD ::PETROFAC SELLS JSD6000 PROJECT TO ZPMC.PETROFAC INTERNATIONAL (UAE) LLC HAS SIGNED AN AGREEMENT TO SELL JSD6000 PROJECT TO SHANGHAI ZHENHUA HEAVY INDUSTRIES CO LTD (ZPMC).TRANSACTION COMPRISES SALE OF ALL JSD6000 RELATED ASSETS HELD BY PETROFAC.DEAL FOR A GROSS CONSIDERATION OF US$190 MILLION AND A 10% INTEREST IN A NEW SPECIAL PURPOSE VEHICLE SET UP TO OWN VESSEL ONCE COMMISSIONED.PETROFAC WILL NOT CONTRIBUTE TO COST OF CONSTRUCTION, COMMISSIONING OR TESTING OF VESSEL.  Full Article

China Communications Construction and units sell stake in Shanghai Zhenhua Heavy Industries
Thursday, 28 Dec 2017 

Dec 28(Reuters) - China Communications Construction Co Ltd <601800.SS>:Says co and co's units sold totaling 30 percent stake in Shanghai Zhenhua Heavy Industries Co Ltd <<<600320.SS>>> to co's controlling shareholder and its wholly owned unit .Says co's controlling shareholder is directly holding 12.6 percent stake (552.7 million A shares) and is indirectly holding 16.2 percent stake (713 million A shares) via the co and 17.4 percent stake (764 million B shares) via its wholly owned unit in Zhenhua Heavy Industries Co Ltd .Previous news was disclosed on July 18.  Full Article

Shanghai Zhenhua Heavy Industries's CFO resigns
Tuesday, 19 Dec 2017 

Dec 19(Reuters) - Shanghai Zhenhua Heavy Industries Co Ltd <600320.SS> ::Says CFO Wang Jue resigns due to change in job role .  Full Article

Shanghai Zhenhua Heavy Industries unit to set up Hong Kong unit Terminexus
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Shanghai Zhenhua Heavy Industries Co Ltd <600320.SS>:Says it will set up a Hong Kong-based wholly owned unit Terminexus Co., Ltd., which will be engaged in digital supply chain platform business, via Hong Kong-based mechanical engineering unit.Says registered capital of Terminexus Co., Ltd. is $1 .  Full Article

Shanghai Zhenhua Heavy Industries issues 2016 1st tranche super short-term financing notes of 2 bln yuan
Wednesday, 2 Nov 2016 

Shanghai Zhenhua Heavy Industries <600320.SS>: Says it issued the 1st tranche of super short-term financing notes for 2016 worth 2 billion yuan on Oct. 28 .Says the notes are with a term of 270 days and an interest rate of 3.2 percent.  Full Article

Shanghai Zhenhua to set up units in Iran, Italy and to boost Holland unit's capital
Tuesday, 30 Aug 2016 

Shanghai Zhenhua Heavy Industries Co Ltd <600320.SS><900947.SS> : Says it plans to set up units in Iran, Italy .Says it plans to boost Netherlands unit's capital to buy engineering firm Verspane for 1.50 million euros ($1.67 million).  Full Article

Deals of the day-Mergers and acquisitions

April 24 The following bids, mergers, acquisitions and disposals were reported by 2010 GMT on Tuesday: