trending Market Intelligence /marketintelligence/en/news-insights/trending/fTekoTmpJpNiO61kcbEo3w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Beijing North Star gains shareholder approval on debt issuance, final dividend

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Beijing North Star gains shareholder approval on debt issuance, final dividend

Beijing North Star Co. Ltd. gained approval for the proposed offering of at most 2.00 billion Chinese yuan bonds and a final 2016 dividend, among the approval of other resolutions, at an annual general meeting held June 1.

A final dividend of 6 Chinese fen per share was approved by the board during the meeting.

Shareholders of H shares will receive their due distributions in Hong Kong dollars, with a per-share payout of 6.8 Hong Kong cents expected. The company applied a currency exchange ratio of HK$1.00 to 88.22 fen, based on an average mean rate provided by The People's Bank of China from May 22 to May 26.

Meanwhile, the dividend distribution for holders of A shares and southbound traded H shares will be paid out in Chinese yuan.

In addition, a special resolution was passed on the company's mandate to issue perpetual medium-term notes not exceeding 4.00 billion yuan.

As of June 1, US$1 was equivalent to 6.80 Chinese yuan.