N4E Nam Cheong
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Nam Cheong News
Nam Cheong Applies for Extension of Time To Hold Annual Meeting
Nam Cheong (SGX:N4E) applied for an extension of time to hold the company's annual general meeting for the year ended Dec. 31, 2023, by May 31, according to a filing with the Singapore Exchange on Mon
Nam Cheong Completes Share Consolidation and Capital Reorganization
Nam Cheong (SGX:N4E) consolidated shares of each shareholder into one consolidated share, taking the total amount of consolidated shares to 79 million, according to a bourse filing on the Singapore Ex
Singapore High Court Recognizes Malaysian Court Proceedings in Nam Cheong's Proposed Scheme of Arrangement
Nam Cheong's (SGX:N4E) application seeking recognition of the order of the High Court of Malaysia approving its proposed scheme of arrangement received approval from the Singapore High Court on March
Nam Cheong Receives Singapore Court Guidance for Proposed Scheme of Arrangement
Nam Cheong (SGX:N4E) received guidance from a Singapore court for its application seeking recognition of the order of the High Court of Malaysia approving its proposed scheme of arrangement, according
Securities Industry Council Grants Nam Cheong Three-Month Extension for Whitewash Resolution Approval
Nam Cheong (SGX:N4E) has received a three-month extension, running from Nov. 29, 2023, to Feb. 29, 2024, from the Securities Industry Council, according to its disclosure on Tuesday. This extension al
Nam Cheong Seeks Singapore Court's Recognition for Proposed Scheme of Arrangement to Restructure Debt
Nam Cheong (SGX:N4E) led an application to the General Division of the High Court of Singapore, seeking recognition of the order of the High Court of Malaysia approving its proposed scheme of arrangem
Nam Cheong Wins Malaysian Court Approval for Proposed Scheme of Arrangement to Restructure Debt
Nam Cheong (SGX:N4E) received the approval of the High Court of Malaysia for its proposed scheme of arrangement aimed at restructuring its debt, according to a Thursday bourse filing. The approval bec
China and China will be visa-free for 30 days. The popularity of travel product inquiries has greatly increased, and the number of round-trip flights is expected to resume
① The popularity of Zhongxin Travel Singapore product inquiries increased instantaneously by about 200%, and the number of searches on the OTA platform increased dramatically. According to the industry, the new Matai route is expected to heat up. ② Airlines such as China Eastern Airlines, China Southern Airlines, Spring Airlines, and Juneyao Airlines all have routes to and from Singapore. ③ Flights between mainland China and Singapore have resumed to nearly 80% of the same period in 2019, and the recovery rate of some airlines has exceeded 100%.
Malaysian Court to Hear Nam Cheong Application for Sanction of Scheme of Arrangement on Dec. 21
The High Court of Malaysia will hear Nam Cheong's (SGX:N4E) application for the sanction of the company's proposed scheme of arrangement aimed at restructuring the group on Dec. 21.
Nam Cheong Secures Court Approval to Hold Creditors' Meeting for Restructuring Approval
04:00 AM EDT, 03/23/2023 (MT Newswires) -- Nam Cheong (SGX:N4E) secured court approval on March 21 to hold a meeting with its creditors within six months to seek approval for a scheme of arrangement a
Nam Cheong Sets Up Vessel Chartering Joint Venture in Saudi Arabia
02:19 AM EST, 03/10/2023 (MT Newswires) -- Nam Cheong's (SGX:N4E) indirect unit SKOM has established a 70:30 joint venture company with Salasel Offshore Marine Services in Saudi Arabia. Named SK Salas
Nam Cheong Sets Up Vessel Chartering Units in Malaysia, Australia
08:07 AM EDT, 09/05/2022 (MT Newswires) -- Nam Cheong's (SGX:N4E) indirect unit SKOM established Sinaran Khas, a wholly owned subsidiary in Malaysia. Nam Cheong Pioneer, another indirect unit of the
Nam Cheong Returns to Black in Q1
06:12 AM EDT, 05/16/2022 (MT Newswires) -- Nam Cheong (SGX:N4E) booked a profit attributable to owners of the parent of 11.6 million ringgit ($2.6 million) in the first quarter, against an attributabl
Nam Cheong Issues Over 127 Million Shares
01:04 AM EST, 03/10/2022 (MT Newswires) -- Nam Cheong (SGX:N4E) issued and allotted 127,349,912 shares on March 8 as payment of the interest on loan for the periods Jan. 1, 2021 to June 30, 2021 and J
Nam Cheong Swings to Profit in H2 of 2021
01:39 AM EST, 03/02/2022 (MT Newswires) -- Ship building company Nam Cheong (SGX:N4E) swung to profit in the six months ended Dec. 31, 2021 with a consolidated attributable net profit of 104.5 million
Evergrande concept stocks collectively soared, Evergrande Auto rose more than 30%, and the Hang Seng Index picked up and turned upward
Evergrande has made impressive gains and is now up more than 30%. Other Evergrande concept stocks generally rose, China Evergrande rose 12.3%, and Evergrande Property rose nearly 9%. Shengjing Financial Holdings invested 9.993 billion yuan to transfer 1,753 million domestic shares of the Bank held by Evergrande Nanchang, accounting for 19.93% of the Bank's total issued shares.
Take a quick look | Evergrande sold about 20% of Shengjing Bank's shares for nearly 10 billion yuan
On the morning of September 29, Evergrande issued an announcement stating that its wholly-owned subsidiary Evergrande Nanchang sold about 1.75 billion non-tradable domestic shares of Shengjing Bank to Shenyang Shengjing Financial Holdings Investment Group Co., Ltd. (hereinafter referred to as “Shengjing Financial Holdings”), accounting for 19.93% of Shengjing Bank's issued shares. The consideration was RMB 57 per share, totaling RMB 9.993 billion. Evergrande originally held 36.4% of Shengjing Bank's shares, making it the bank's largest shareholder.
Nearly $10 billion sold 20% of Shengjing Bank's shares! Evergrande continues to “sell and sell” this time local state-owned enterprises are taking over
After the above share transfer is completed, Shengjing Financial Holdings will hold 1,829 million domestic shares of the Bank, accounting for 20.79% of the Bank's total issued shares, making it the Bank's largest shareholder. The total state-owned shares of Shenyang City accounted for 29.54% of the Bank's total issued shares; Evergrande Nanchang holds about 1,282 million domestic shares of the Bank, accounting for 14.57% of the Bank's total issued shares.
Mysteel Daily: Construction steel prices in Hubei are rising cautiously, terminal payments are poor
Among them, the price of construction steel in the Wuhan market increased by 20 yuan/ton, the price of construction steel in the Yichang market rose by 30 yuan/ton, and the price of construction steel in the Xiangyang market rose by 20 yuan/ton. Specifically, the transaction price of Baowu E steel in the Wuhan market was 5,620 yuan/ton, and the price of a screw coil in the Wuhan market was 5,980 yuan/ton.
Investing 13.5 billion dollars to expand production, surging more than 6% in the Ningde era
The pace of expansion in the Ningde era has not stopped, and Yichun, the “lithium capital of Asia”, has become a popular place for battery traders to invest. The planned land area of the project is about 1,300 acres. The construction period is no more than 30 months from the start of construction. Ningde Times New Energy Technology Co., Ltd. or a wholly-owned subsidiary will implement the project. Entering Yichun during the Ningde era also had plans for a long time.
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