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SHE:002490

5 stories mentioning SHE:002490Updated 12d ago

Every FINWIRES story that references SHE:002490, newest first.

Asia

Molong Petroleum Machinery Eyes HK$115.7 Million from Share Placement; Shares Climb 5%

Shandong Molong Petroleum Machinery (HKG:0568, SHE:002490) agreed to place nearly 25.7 million new Hong Kong-listed shares to raise net proceeds of HK$115.7 million, according to a Tuesday Hong Kong bourse filing.Shares of the energy equipment supplier were up nearly 5% in Wednesday afternoon trading.The shares will be issued at HK$4.58 apiece to six or more investors.The shares represent around 9.11% of the company's Hong Kong-listed shares and 3.12% of its total shares as enlarged by the placement.The company will use proceeds to repay borrowings and for working capital and general corporate purposes.

HKG:0568SHE:002490
Asia

Molong Petroleum Machinery Plans Issuance of 200 Million Yuan Fixed-Rate Bonds

Shandong Molong Petroleum Machinery (HKG:0568, SHE:002490) proposed to issue fixed-rate bonds of up to 200 million yuan, according to a Shenzhen filing on Monday.The bonds, which can be issued in tranches, will have a maturity of five years.The energy equipment supplier's Hong Kong shares slipped 1%, while Shenzhen shares rose 1% at the close.

HKG:0568SHE:002490
Asia

Molong Petroleum Machinery to Offer 200 Million Yuan in Perpetual Bonds

Shandong Molong Petroleum Machinery (HKG:0568, SHE:002490) plans to offer perpetual bonds amounting up to 200 million yuan, according to Hong Kong filing on Saturday.The energy equipment supplier's Hong Kong shares slipped 1% at Monday's afternoon trade, while Shenzhen shares rose 1% at the close.The bonds can be issued in tranches.The proceeds from the issuance will be used to pay debt.

HKG:0568SHE:002490
Asia

Shandong Molong Petroleum Says No Undisclosed Events Behind China-Listed Share Slump

Shandong Molong Petroleum Machinery (HKG:0568, SHE:002490) has determined that there's no disclosable or undisclosed events after its China-listed shares fell a total of over 20% for three consecutive trading days.The energy equipment supplier made the clarification after conducting enquiries to its controlling shareholders and de-facto controllers, according to a Wednesday Hong Kong bourse filing.

HKG:0568SHE:002490
Asia

Shandong Molong's Profit Jumps 3% in Q1

Shandong Molong Petroleum Machinery (HKG:0568, SHE:002490) recorded a 3% rise in attributable profit for the three months ended March 31 to 5.6 million yuan from 5.4 million yuan a year prior, according to a Tuesday Hong Kong bourse filing.Earnings per share rose to 0.007 yuan from 0.0068 yuan in the corresponding period of the previous fiscal year.Operating revenue soared 129% in the quarter to 665.9 million yuan from 291.4 million yuan in the year-ago period.

HKG:0568SHE:002490

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