Key Developments: Beijing Media Corp Ltd (1000.HK)
4.70HKD
20 May 2013
HK$0.05 (+1.05%)
HK$4.65
HK$4.86
HK$4.86
HK$4.70
36,000
33,858
HK$5.60
HK$4.30
Latest Key Developments (Source: Significant Developments)
Beijing Media Corp Ltd Recommends Final Dividend
Beijing Media Corp Ltd announced that the board has recommended the distribution of a final dividend of RMB0.30 per share (2011: RMB0.60 per share). Full Article
Beijing Media Corp Ltd Does Not Recommend Interim Dividend
Beijing Media Corp Ltd announced that the Directors do not recommend the payment of an interim dividend for the six months ended June 30, 2012 (2011 : NIL). Full Article
Beijing Media Corporation Ltd. Proposes Final Dividend
Beijing Media Corporation Ltd. announced that the final dividend of RMB0.60 per share totaling RMB11 8,386 thousand has been proposed by the Directors and is subject to shareholders’ approval at the 2011 annual general meeting. Full Article
Beijing Media Corporation Ltd. Updates On Acquisition Of 42.342% Equity Interest In Byd Logistics
Beijing Media Corporation Ltd. announced that reference to the announcement of the Company dated July 29, 2011 in relation to the Company’s participation in the bidding offer. The Company was informed recently that it was the successful bidder in the Public Bidding Process; and therefore on September 14, 2011 , the Company entered into ETAs (SOE) with SOE Vendors and ETAs (Non-SOE) with Non-SOE Vendors, respectively, in relation to the acquisition of a 42.342% equity interest in BYD Logistics for a total cash consideration of RMB29,664,542 by the Company from SOE Vendors and Non-SOE Vendors. Upon completion of the Acquisition, BYD Logistics will become a 92.842% owned subsidiary of the Company. The completion of the Acquisition will be conditional upon the fulfillment of the following conditions: approval from the State owned Assets Supervision and Administration Authorities regarding the acquisition from the SOE Vendors; approval of the ETAs (SOE) and ETAs (Non-SOE) by the Board and compliance with the announcement and shareholders’ approval requirements under the Listing Rules; and internal approval from each of the SOE Vendors and the Non-SOE Vendors. Full Article
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