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As of 8:10 PM 02/5/15 All times are local (Market data is delayed by at least 15 minutes).

aluminum corp of china ltd-h (ALMMF) Key Developments

Aluminum Corporation Of China Limited, Board Meeting, Feb 26, 2015

Aluminum Corporation Of China Limited, Board Meeting, Feb 26, 2015. Agenda: To discuss and approve the proposal of electing Ge Honglin Chairman of 5th directorate; and to consider the proposal of adjusting members of all professional committees of 5th directorate.

Aluminum Corporation Seeks To Sell Stake In Jiaozuo Wanfang

Aluminum Corporation Of China Limited (SEHK:2600) gained approval from SASAC of State Council to sell not more than 120 million shares of Jiaozuo Wanfang Aluminium Manufacturing Co., Ltd. (SZSE:000612) publicly. Those who want to acquire the shares should sign up before February 27, 2015 and minimum subscription volume of single buyers is 20 million ones.

Aluminum Corporation of China Limited Provides Earnings Guidance for the Year Ended December 31, 2014

Aluminum Corporation of China Limited provided earnings guidance for the year ended December 31, 2014. It is estimated that there is a loss in the operating results for the year 2014, and the net loss attributable to the owners of the parent is approximately RMB 16.3 billion. The net cash flow generated from operating activities of the company is estimated to reach approximately RMB 13 billion. The loss of the company for the period was mainly due to the reasons including the significant impairment provisions made for certain long-term assets; the decrease in average price of the primary aluminum exceeding the decrease in the cost of the primary aluminum; and the provision for the early retirement benefits and the termination benefits for certain employees through negotiation.

Aluminum Corporation Of China Limited, Board Meeting, Jan 30, 2015

Aluminum Corporation Of China Limited, Board Meeting, Jan 30, 2015. Agenda: To discuss and approve the proposal of planning to retain provisions for impairment of large-amount assets.

Aluminum Corporation of China Limited to Approve Executive Changes

First Extraordinary General Meeting of Aluminum Corporation of China Limited will be held on 26 February 2015. The shareholders to approve the election of Mr. Ge Honglin as an executive Director of the fifth session of the Board of the company. To approve the resolution in relation to the election of Mr. Liu Caiming as a non-executive Director of the fifth session of the Board of the company. To consider and approve the resolution in relation to the election of Ms. Chen Lijie as an independent non-executive Director of the fifth session of the Board of the company.

 

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