5 stories mentioning HKG:1921Updated 7d ago
Every FINWIRES story that references HKG:1921, newest first.
Dalipal (HKG:1921) secured contracts for up to 10,000 tonnes of oil country tubular goods from state-owned Egyptian General Petroleum Corp. or EGPC, according to a Monday filing with the Hong Kong Exchange.The order is more than 43% higher than last year's level, the company said.Shares of Dalipal fell nearly 2% in late morning trade.
Dalipal (HKG:1921) unit Dalipal Pipe was awarded contracts for up to 270,000 tons of products in China National Petroleum Corporation's 2026 procurement tender, according to a Wednesday Hong Kong bourse filing.Shares of the smart and green manufacturing company were down nearly 2% in Thursday afternoon trading.The products under the procurement contracts include oil country tubular goods complying with American Petroleum Institute standards, as well as PC-I premium connection tubulars for oil and gas wells designated by PetroChina Group.The awarded volume under the tender represents a 64% boost from a year prior.
Dalipal (HKG:1921) completed the previously announced share placing and top-up subscription to raise about HK$385.2 million in net proceeds, according to a Thursday Hong Kong bourse filing.The oil and gas pipes business' shares fell nearly 3% in late morning trade Friday.Controlling shareholder Rosy Astral Limited placed 74.3 million shares at HK$5.28 each to new investors and simultaneously subscribed to the same number of new shares from Dalipal.The shares represent 4.70% of the company's enlarged share capital.
Dalipal (HKG:1921) plans to raise about HK$385.2 million in net proceeds through a share placing and top-up subscription, according to a Tuesday Hong Kong bourse filing.Controlling shareholder Rosy Astral Limited will place up to 74.3 million shares at HK$5.28 each to not fewer than six investors on a best-efforts basis.Rosy Astral is 80.6% owned by Dalipal Chairman Meng Fanyong and 19.4% by his son YX Meng, an executive director of the company.The placing represents about 4.93% of the company's existing issued share capital.Dalipal will issue the same number of new shares to the seller under a top-up subscription at the same price.Net proceeds will be used for general working capital and corporate purposes.Shares of the smart and green manufacturing firm were down over 7% in Tuesday morning trade.
Dalipal (HKG:1921) said its unit, Dalipal International, has signed a cooperation agreement with KUKA Robotics (Guangdong) to deploy AI-driven robotics and automation at its Saudi manufacturing project, according to a Wednesday Hong Kong bourse filing.Shares of the smart and green manufacturing company were down nearly 2% in Thursday morning trade.The collaboration will focus on integrating intelligent manufacturing technologies, including robotics, smart logistics, and process optimisation, at the group's high-end energy equipment base in Dammam's SPARK industrial park.
