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Stock Market & Financial Investment News

News Breaks
March 5, 2014
08:02 EDTKGJIKingold Jewelry announces joint venture with Kuwait Support Services Company
Kingold Jewelry announced that the company has signed a joint venture agreement with Kuwait Support Services Company. The two companies will form a combined entity that is expected to source and finance gold, and to develop, market, and distribute gold products including, but not limited to, gold coins, gold bullion, medals, ornaments, and jewelry. The company expects to market these products initially to customers in Kuwait, and then to customers in Bahrain, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
News For KGJI From The Last 14 Days
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July 31, 2014
08:34 EDTKGJIKingold Jewelry changes payout schedule for special 8c cash dividend
Kingold Jewelry announced an adjustment to the payout date of its previously announced special cash dividend of 8c per share of common stock. The dividend will now be payable no later than August 28 to stockholders of record as of June 30. The change is due to the company requiring additional time to receive provincial government approvals in order to disperse the appropriate funds to stockholders. The total amount of cash distributed in the dividend is expected to be approximately $5.3M.

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