China Longyuan Power (HKG:0916, SHE:001289) completed the issue of two series of 1.4 billion yuan each of debentures on Wednesday, according to a Thursday Hong Kong bourse filing.
The debentures carry a coupon rate of 1.32% and will fall due in 180 days.
The firm will use proceeds to replenish daily working capital and repay debt.
Johnson Electric (HKG:0179) recorded a 23% decline in attributable profit in the fiscal year ending March 31 to $202.1 million from $262.8 million a year prior, according to a Thursday Hong Kong bourse filing.Earnings per share stood at $0.2159 from $0.2816 in the corresponding period of the previous fiscal year.The electro-mechanical component firm's sales remained unchanged year over year at $3.65 billion.The company recommended a final dividend of HK$0.44 per share for the period, payable Aug. 12 to shareholders of record as of July 27.
Shanghai Yuyuan Tourist Mart (SHA:600655) will register its 6 billion yuan of debt financing instruments with China's National Association of Financial Market Institutional Investors, according to a Thursday filing with the Shanghai bourse.The debts could comprise short- and medium-term debts and other instruments.
Smarter Microelectronics (SHA:688512) looks to raise up to 300 million yuan from the sale of about 25 million shares to 35 investors via a private placement, according to a Thursday disclosure to the Shanghai bourse.The company will use the proceeds to fund its mobile communication radio frequency front-end module project, communication modules for emerging application situations, and working capital.