Tianhe Chemicals Group Limited 天合化工集團有限公司

Kingston (1031): things you should know
Even after today's plunge, Kingston is trading at 13.2x net tangible assets of $0.508 per share, 70.8x trailing earnings, and is heavily dependent on low-cost loans from its majority shareholder. Don't bet on that continuing. We also look at the extent of its margin lending to controlling shareholders of large numbers of other listed companies. (30-Jan-2018)
SFC directs continued suspension of Tianhe (1619)
Company announcement, 25-May-2017
It was first suspended at 1.01pm on 26-Mar-2015 at the company's request because it could not publish its 2014 results by the 31-Mar deadline.
Controller of Tianhe Chemicals (1619) deposits 51.93% with Kingston Securities
The stock has been suspended since 26-Mar-2015. (7-Mar-2017)
Tianhe Chemical (1619): Deloitte quits after board rejects disclaimer of audit
Company announcement, 17-Sep-2015
Tianhe Chemical (1619): outstanding audit issues
Company announcement, 14-Aug-2015
Tianhe Chemicals (1619) suspended, results delayed indefinitely
Company announcement, 26-Mar-2015
AP investigation on Tianhe Chemicals (1619)
Associated Press, 14-Nov-2014
Note: the IPO actually had 3 sponsors: Morgan Stanley, UBS and BofA Merrill Lynch.

Sign up for our free newsletter

Recommend Webb-site to a friend

Copyright & disclaimer, Privacy policy

Back to top