IRC (01029.HK) received a Shareholding of 3.465 billion ordinary shares by AXIOMA CAPITAL FZE LLC and its affiliates, worth approximately 0.295 billion Hong Kong dollars.

According to a report on December 27, based on documents disclosed by the Hong Kong Stock Exchange on December 27, AXIOMA CAPITAL FZE LLC increased its shareholding in $IRC (01029.HK)$ with 3.465 billion ordinary shares at an average price of HKD 0.085 per share on December 13, with a total value of approximately HKD 0.295 billion. After the shareholding increase, AXIOMA CAPITAL FZE LLC's latest number of shares held is 8.301 billion, and the good warehouse ratio rose from 56.76% to 64.96%. This trade involves other related parties: Nikolai.

Futu NewsDec 27, 2024 17:08

Express News | Galaxy Securities: The concentration in the Steel Industry is expected to continue to increase.

BreakingsDec 26, 2024 08:29

IRC announced a production of 609,000 tons of iron concentrate in the third quarter, an increase of 1.3% compared to the previous quarter.

IRC (01029) announced that in the third quarter of 2024, it produced 0.609 million tons of iron concentrate, a slight increase of 1.3% compared to the production in the second quarter of 2024. In the third quarter of 2024, due to the commencement of mining and processing of Sutara ore starting from July 2024, the quality issues of the ore have improved. In the third quarter of 2024, a total of 1.6881 million tons of iron ore was mined from Sutara. Before the crushing and screening plant in Sutara is put into operation in early 2025, unprocessed Sutara ore will be transported 18 kilometers to the processing plant.

Sina Hong Kong StockDec 19, 2024 09:14

IRC (01029.HK): The K&S production for the third quarter increased by 1.3% compared to the previous quarter.

On December 19th, Glonghui announced that IRC (01029.HK) reported that in the third quarter of 2024, K&S's production increased by 1.3% compared to the previous quarter (the three months ending June 30, 2024, referred to as 'the second quarter of 2024'). The production for the first nine months of 2024 decreased by 7.8% compared to last year, mainly due to ore quality issues in the first half of 2024; sales slightly rose by 0.7% compared to the second quarter of 2024, consistent with the increase in production for this quarter. Sales during the first nine months of 2024 decreased by 11.6% compared to the first nine months of 2023; K&S has started mining and processing.

Gelonghui FinanceDec 19, 2024 08:07

IRC (01029) issued 4.26 billion shares in a rights offering.

IRC (01029) announced that the company will issue and allocate 42... on December 13, 2024, according to the rights issue.

Zhitong FinanceDec 13, 2024 16:35

IRC (01029.HK) has received a 121.9% valid acceptance and application for its rights issue.

IRC (01029.HK) announced the results of its rights issue, receiving valid acceptances and applications for a total of 5.191 billion shares, equivalent to 121.9% of the total issued. The net proceeds are approximately 0.361 billion yuan. The rights issue shares are expected to begin trading on December 16 (Monday).

AASTOCKSDec 13, 2024 01:07