Lygend Resources & Technology Unit to Form JV Firm With Indonesian Partner
Li Qin Resources (02245.HK): Hong Kong Blue Whale and Indonesian partner TBP signed a shareholder agreement to establish a joint venture company.
On June 17th, Gleamay Resources (02245.HK) announced that on June 17th, 2024, Hong Kong Blue Whale and the company's Indian partner TBP signed a shareholder agreement for the establishment of a joint venture company (including). According to the shareholder agreement, the total investment amount of the joint venture company is US$60 million (equivalent to RMB 427 million), and the registered capital is US$2.5667 million (equivalent to RMB 18.2624 million). The relevant subscriptions will be made by the contracting parties according to their respective shareholding in the joint venture company (i.e., 60% will be held by Hong Kong Blue Whale, and 40% will be held by TBP).
Express News | Lygend Resources & Technology - Jv Co Established for Operating Lime Production Business
Express News | Lygend Resources & Technology - Hong Kong Blue Whale International Entered Shareholders Agreement With PT. Trimegah Bangun Persada
Express News | Lygend Resources & Technology - Total Investment Amount of Jv Co Is USD60 Mln
Express News | Lygend Resources & Technology Co Ltd - Establishment of Jv Company
Liqin Resources (02245.HK): Hong Kong Blue Whale signs new shareholder agreement with LSJ
Gelonghui, May 30, 丨 Liqin Resources (02245.HK) announced that under the new policy formulated by Indonesia on December 27, 2023, shareholders outside Indonesia are required to hold up to 49% of the shares in shipping companies involving government licensing matters such as ship registration or shipping permits, and shareholders within Indonesia must be a single company with a minimum shareholding of 51%. Considering the actual business development needs and future development plans of the joint venture PT Makmur Jaya Maritimindo, it is necessary to readjust the shareholding structure of the joint venture company and enter into a new shareholder agreement. Original stock
LYGEND RESOURCE To Go Ex-Dividend On May 23rd, 2024 With 0.22 HKD Dividend Per Share
Liqin Resources (02245) will pay a final dividend of 0.2 yuan per share on June 14
Liqin Resources (02245) issued an announcement that will be distributed on June 14, 2024 until December 3, 2023...
LYGEND RESOURCE: POLL RESULTS OF THE ANNUAL GENERAL MEETINGHELD ON TUESDAY, 21 MAY 2024
Lygend Resources & Technology's (HKG:2245) Anemic Earnings Might Be Worse Than You Think
LYGEND RESOURCE: ANNUAL REPORT 2023
Lygend Resources & Technology Co., Ltd. (HKG:2245) Investors Are Less Pessimistic Than Expected
Stand at the bottom of the nickel cycle and watch the return of the value of Liqin Resources (2245.HK)
In 2023, the continued downturn in nickel prices posed a major challenge to the development of the global industrial chain. According to the interim results of BHP Billiton Group, the world's largest mining company, as of December 31, 2023, the Group's net profit for the first half of the fiscal year fell 86% year-on-year due to depreciation of nickel assets and other provisions. According to the 2023 financial report of Philippine nickel producer Nickel Asia Corporation (Nickel Asia Corporation), the company's net profit fell 53% year over year. Glencore, the world's largest commodity trader, has even shut down its nickel business in New Caledonia in the South Pacific. domestically
Lygend Resources & Technology's 2023 Profit Declines 39%
Liqin Resources (02245) announced 2023 results. Profit attributable to owners was approximately RMB 1,051 million, a year-on-year decrease of 39.4%
According to the Zhitong Finance App, Liqin Resources (02245) announced its 2023 results. Revenue increased 15.1% year on year to 21.059 billion yuan, and profit attributable to company owners was about 1,051 billion yuan, a decrease of 39.4% year on year. Earnings per share are $0.68, and the proposed final dividend is $0.20 per share. According to the announcement, the decline in profits was mainly due to the March 2023 nickel incident, which had a high base; as nickel prices gradually returned to normal, the industrial technology path was further improved, and production capacity for nickel products such as hydrometallurgy intermediates was gradually released to match downstream demand, further driving related nickel products
LYGEND RESOURCE: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Changes in Hong Kong stocks | Liqin Resources (02245) fell by more than 4%. The company will release results at the end of the month, nickel is the worst performing metal last year
Liqin Resources (02245) is now down more than 4%. As of press release, it is down 4.8% to HK$5.35.
Liqin Resources (02245.HK) plans to hold a board meeting on March 28 to consider and approve the annual results
Gelonghui March 18 | Liqin Resources (02245.HK) announced that a board meeting will be held on March 28, 2024 (Thursday) to approve (among other things) the publication of the audited annual results announcements of the Company and its subsidiaries for the year ended 31 December 2023, and to consider the proposal to declare a final dividend, if any.
LYGEND RESOURCE: DATE OF BOARD MEETING
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