INFORMATION ABOUT THE GROUP. The Group is engaged in the exploration, development and mining of zinc, copper, gold, silver and lead deposits around the world. INFORMATION ABOUT THE CMC GROUP The CMC Group is one of the largest state-owned enterprises in the mining sector in the PRC. It is engaged in the exploration, development, mining, processing and sale of a wide range of non-ferrous metals including tungsten, rare earth, copper, alumina, lead and zinc. Minmetals North-Europe is engaged in the purchase and sale of a wide range of non-ferrous metals including copper, lead and zinc.
INFORMATION ABOUT THE GROUP. The Group owns and operates iron ore mines in Sichuan. The ore in our mines is vanadium- bearing titanomagnetite ore which are used for producing iron ore products and titanium products. The Group primarily engages in mining, ore processing, iron pelletizing and sales of iron concentrates, iron pellets and titanium concentrates.
INFORMATION ABOUT THE GROUP. The Group is engaged in the exploration, development and mining of zinc, copper, gold, silver and lead deposits around the world. INFORMATION ABOUT MINMETALS LOGISTICS Minmetals Logistics is a wholly owned subsidiary of CMC, the ultimate controlling shareholder of the Company. Minmetals Logistics is principally engaged in the business of providing ocean transport for dry bulk cargo, break-bulk and containers for operations such as the Group and the shipping market in general.
INFORMATION ABOUT THE GROUP. The Group is engaged in the exploration, development and mining of zinc, copper, gold, silver and lead deposits around the world.
INFORMATION ABOUT THE GROUP. The Group is engaged in the exploration, development and mining of zinc, copper, gold, silver and lead deposits around the world. INFORMATION ABOUT THE CMN GROUP The CMN Group is one of the largest state-owned enterprises in the mining sector in China. It is engaged in the exploration, development, mining, processing and sale of a wide range of non-ferrous metals including tungsten, rare earth, copper, alumina, lead and zinc.
INFORMATION ABOUT THE GROUP. The Group is engaged in the exploration, development and mining of zinc, copper, gold, silver and lead deposits around the world. INFORMATION ABOUT CMN CMN is a trader and supplier of non-ferrous metals.
INFORMATION ABOUT THE GROUP. The Group is a leading full-service securities group in China with strong innovation capabilities and an integrated onshore and offshore business platform. As a core financial services platform of the Everbright Group, the Group benefits from synergies within the group and from the “Everbright” brand recognition. The Group offers a full range of financial products and services to a large and diversified client base that includes enterprises, financial institutions, governments and individuals. The Group’s principal business lines comprise brokerage and wealth management, credit business, institutional securities services, investment management and overseas business.
INFORMATION ABOUT THE GROUP. The Group is engaged in exploration, development and mining of zinc, copper, gold, silver and lead deposits around the world. INFORMATION ABOUT MCC19 MCC19 is a wholly owned subsidiary of CMC, the controlling shareholder of the Company. MCC19 primarily supplies engineering and construction services to mining and other industries. DEFINITIONS In this announcement, the following expressions have the meanings set out below unless the context requires otherwise. Board the board of Directors CMC 中國五礦集團有限公司 (China Minmetals Corporation), a state-owned enterprise incorporated under the laws of the PRC and the ultimate controlling shareholder of the Company CMN 五礦有金屬股份有限公司 (China Minmetals Non-Ferrous Metals Company Limited), a company incorporated under the laws of the PRC and the controlling shareholder of the Company Company or MMG MMG Limited, a company incorporated in Hong Kong, the securities of which are listed and traded on the Main Board of the Stock Exchange connected person has the meaning ascribed to it under the Listing Rules Construction Agreement the agreement dated 30 April 2021 (1 May 2021 Hong Kong time) between MLB and MCC19 for the construction and installation of a third ball mill and associated works at Las Xxxxxx controlling shareholder has the meaning ascribed to it under the Listing Rules Director(s) the director(s) of the Company Group the Company and its subsidiaries from time to time Hong Kong the Hong Kong Special Administrative Region of the PRC Installation Agreement the agreement dated 30 April 2021 (1 May 2021 Hong Kong time) between MLB and MCC19 for the installation of harmonic filters in a third ball mill at Las Xxxxxx Interested Directors means Xxx Xxxxxxx, Xxxxx Xxxxxxxx, Xxx Xxxxxx, Xxxx Xxxx and Xx Xxxxxx Listing Rules the Rules Governing the Listing of Securities on the Stock Exchange MCC19 China 19th Metallurgical Corporation Sucursal Peru, a company incorporated in Peru and a wholly owned subsidiary of CMC MLB Minera Las Xxxxxx X.X., a company incorporated in Peru and a subsidiary of the Company PRC the People’s Republic of China (for the purpose of this announcement, excluding Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan) Stock Exchange The Stock Exchange of Hong Kong Limited Subsidiary has the meaning ascribed to it under the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) % per cent By order of the Board MMG Limited Xxx Xxxxxx CEO and Executive Director Hong Kong, 2 May 2021
INFORMATION ABOUT THE GROUP. The Group is engaged in exploration, development and mining of zinc, copper, gold, silver and lead deposits around the world. INFORMATION ABOUT MCC MCC is a wholly owned subsidiary of CMC, the controlling shareholder of the Company. MCC primarily supplies engineering services to mining and other industries.
INFORMATION ABOUT THE GROUP. The Group is principally engaged in the provision of private educational services, investment in securities and money lending business. The Vendor is a direct wholly-owned subsidiary of the Company principally engaged in investment holding. REASONS FOR AND BENEFITS OF THE LOAN DISPOSAL Despite repeated reminders and demands for repayment made to the Debtor, the Debtor has not yet repaid the Loan as at the date of the Loan Disposal Agreement. In view of the uncertainty in recovering the Loan from the Debtor, the Directors consider that the Loan Disposal represents an opportunity for the Group to recover the Loan, which will make a positive contribution to the cash flow. The Board is of the view that the Loan Disposal is on normal commercial terms, and is fair and reasonable and in the interests of the Company and the Shareholders as a whole.
