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China Sunsine Chemicals Holdings
21-09-2018, 04:30 PM.
Post: #971
RE: China Sunsine Chemicals Holdings
From today's Business Times article by Marissa Lee

"But Jennie Liu, spokesperson for China Sunsine Chemical Holdings, which sells rubber accelerators to tyre makers, told BT: "We don't see any material impact on our sales from the new tariffs. China Sunsine's direct exports to the US market were about 5 per cent in 2017; in the first half of 2018, they dropped to 2 per cent. Global demand for rubber accelerators will rise in tandem with growing car population."

She added that many Chinese tyre makers have set up factories in South-east Asia, after the US imposed anti-dumping and countervailing taxes on passenger and light-truck tires in 2014."

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05-01-2019, 11:01 AM. (This post was last modified: 05-01-2019, 04:02 PM by tiongkokgor.)
Post: #972
RE: China Sunsine Chemicals Holdings
Yanggu Huatai, one of Sunsine's biggest competitors, announced on 29 Dec that they are postponing their production expansion plan mainly because of many issues faced during execution.


29 Dec 2018 announcement:

Yanggu Huatai had planned to produce insoluble sulphur and; rubber accelerators MBT and TBBS.


Sunsine currently produces these products. Maybe Sunsine can fill the void.

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20-09-2019, 06:58 PM.
Post: #973
RE: China Sunsine Chemicals Holdings
The Proposed Shares Split of Every One (1) Ordinary Share into Two (2) Ordinary Shares

China Sunsine Chemical Holdings Ltd. announced that the Company is proposing a share split of every one (1) existing ordinary share in the capital of the Company held by shareholders of the Company into two (2) Shares.

As at the date of this announcement, the Company has an issued and paid-up share capital of S$65,192,360.00, comprising 491,694,000 Shares (including 3,469,300 treasury shares).

Upon completion of the Proposed Share Split, assuming there is no change in the number of issued Shares from the date of this announcement up to the completion of the Proposed Share Split, an additional 491,694,000 Shares will be allotted and issued, and the Company will have an issued and paid-up share capital of S$65,192,360.00 comprising 983,388,000 Shares (including 6,938,600 treasury shares).

More details in
=========== Signature ===========
Specuvestor: Asset - Business - Structure.

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