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China Fibretech
In print this week
Raffles Infrastructure finds it hard to shake off S-chip stigma
SINGAPORE (July 19): Despite its best efforts, Raffles Infrastructure Holding, the company formerly known as China Fibretech, has found it hard to shake off its stigma of being an S-chip once plagued by corporate governance issues.
July 19, 2019
Company in the news
Raffles Infrastructure's special audit report at final stage; Chinese SOE is controlling shareholder
Infrastructure projects
Of the net placement proceeds of $29.9 million, Raffles Infrastructure plans to invest $22 million in a build-operate-transfer rural road project awarded by the Yibin Municipal People’s Government. The company will co-inv
July 19, 2019
Results
Raffles Infrastructure, the former China Fibretech, reverses out of the red in 2Q
SINGAPORE (Feb 14): Raffles Infrastructure, formerly known as China Fibretech, reported 2Q earnings of RMB24.5 million ($5 million) compared to a net loss of RMB974,000 a year ago.
February 14, 2019
Contracts
Raffles Infrastructure to build tourist railway in China for $1.2 bil
SINGAPORE (Oct 22): Raffles Infrastructure Holdings, the company formerly known as China Fibretech, is building a 70km tourist railway with a contract value of RMB6 billion ($1.2 billion).
October 22, 2018
Management & Corporate Governance
China Fibretech says SGX has no objections with trading resumption proposals
SINGAPORE (May 7): China Fibretech, whose shares have been suspended from trading for financial irregularities for more than two and a half years, may resume trading soon with a new business and under a new name.
May 07, 2018
China Fibretech shuts down knitting and dyeing plant for pollution
SINGAPORE (April 4): China Fibretech, whose shares have been suspended since Nov 2015 for corporate mismanagement, is looking no closer to a return to trading.
April 04, 2017
Stocks To Watch
Frasers Centrepoint, Sunpower, China Fibretech, CWG, Vibrant, Figtree
SINGAPORE (March 31): Here are some stocks that could move the market this Friday morning.
March 31, 2017
Singapore Exchange files complaint with China authorities against China Fibretech’s CEO
SINGAPORE (March 30): Singapore Exchange (SGX) has filed a complaint with authorities in China against the executive chairman and CEO of China Fibretech, Wu Xinhua.
March 30, 2017
China Fibretech suspends trading after unit received damage claims from three customers
SINGAPORE (Nov 30): China Fibretech has suspended the trading of its shares after subsidiary Shishi Simwa Knitting & Dyeing Co. received damage claims from three customers last week.
November 30, 2015