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    1115   KYG886121097

TIBET WATER RESOURCES LTD.

(1115)
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Delayed Hong Kong Stock Exchange  -  04:08 2022-08-19 am EDT
0.4900 HKD   -1.01%
07/22Tibet Water Raises $25 Million for Debt Payments; Shares Rise 6%
MT
07/11Tibet Water Resources Names Independent Non-Executive Directors; Shares Climb 5%
MT
07/08Tibet Water Resources Ltd. Announces Board Changes
CI
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Tibet Water Resources Ltd. Announces Board Changes

06/24/2022 EDT

Reference is made to the announcement of Tibet Water Resources Ltd. dated 31 May 2022 in relation to, among other things, the retirement of Mr. DAI Yang, an independent non-executive director of the Company, upon the conclusion of the Company's annual general meeting to be held on Thursday, 30 June 2022 at 11:00 a.m. Unless the context requires otherwise, terms defined in the Announcement shall have the same meaning when used in this
announcement. The Board hereby announced that Mr. TANG Zeping, an independent non-executive Director, will also retire from office upon the conclusion of the AGM and that he would not offer himself for re-election at the AGM. Accordingly, Mr. TANG will retire as independent non-executive Director upon conclusion of the AGM. It came to the notice of the Company that the Lhasa Municipal People's Procuratorate had indicted Mr. TANG on charges of corruption and accepting bribes at the Lhasa Municipal Intermediate People's Court. The allegations against Mr. TANG are not related to the performance of his duties to the Group. The Group does not expect such allegations to have any adverse impact on the operation and financial position of the Group. Following the abovementioned retirement, Mr. TANG will also cease to be a member of each of the audit committee, nomination committee and remuneration committee of the Company. Mr. TANG will not offer himself for re-election at the AGM.


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All news about TIBET WATER RESOURCES LTD.
07/22Tibet Water Raises $25 Million for Debt Payments; Shares Rise 6%
MT
07/11Tibet Water Resources Names Independent Non-Executive Directors; Shares Climb 5%
MT
07/08Tibet Water Resources Ltd. Announces Board Changes
CI
06/30Tibet Water Resources Ltd. Announces Board and Committee Changes
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06/27Tibet Water Resources Signs Placing Deal with SBI China Capital; Shares Climb 11%
MT
06/24Tibet Water Resources Ltd. Announces Board Changes
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05/31Tibet Water Resources Ltd. Announces Dai Yang Retirement
CI
05/25Tibet Water Resources Ltd. Approves Board Elections
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04/07China Carbon Neutral Bags Deal to Sell Carbon Credit Assets to Tibet Water
MT
03/31Tibet Water Resources Ltd. Reports Earnings Results for the Full Year Ended December 31..
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Financials ()
Sales 2021 456 M - -
Net income 2021 47,0 M - -
Net Debt 2021 688 M - -
P/E ratio 2021 30,5x
Yield 2021 -
Capitalization 1 467 M 187 M -
EV / Sales 2020 5,37x
EV / Sales 2021 4,67x
Nbr of Employees 349
Free-Float 59,7%
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Managers and Directors
Kai Leung Lee Chief Financial Officer
Wai Hung Lo Independent Non-Executive Director
Ting Lin Independent Non-Executive Director
Chunlong Zhang Independent Non-Executive Director
Xiao Hong Jiang Non-Executive Director
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