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Stock Market & Financial Investment News

News Breaks
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.
News For KGJI From The Last 14 Days
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January 21, 2015
08:36 EDTKGJIKingold obtains presale approval for Kingold Jewelry Industry Park
Kingold Jewelry announced that the company has obtained approval from the Wuhan Housing Security and Management Bureau in Wuhan, China to pre-sell certain commercial units within the Kingold Jewelry International Industrial Park. The company formally received two separate "Certificates of Presale of Commercial Properties" from Wuhan Housing Security and Management Bureau, which cover five commercial buildings, totaling approximately 123,600 square meters. The company is now seeking potential buyers for these commercial properties, and is expected to utilize any proceeds from the presale of these units to complete construction on the Jewelry Park. Kingold expects to complete the Jewelry Park within the previously announced timeframe, and plans to schedule a grand opening ceremony in December 2015.

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