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Pin to quick picksWALG.L Share News (WALG)

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27 Feb 2019 13:16

Walcom Trades Below Views, Capital Position "Severely Constrained"

LONDON (Alliance News) - Walcom Group Ltd on Wednesday said that trading in the first two months of the year has been "significantly below budget", due to slower growth in the Chinese a

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27 Feb 2019 12:08

Walcom 'severely constrained' after China economic slowdown

(Sharecast News) - Walcom Group on Wednesday reported that its working capital position is "severely constrained" after revenues have been hampered by slowdown in the Chinese economy and failure to receive payments from its largest customer.

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14 Dec 2018 11:14

Walcom CFO resigns amid spat with largest customer

(Sharecast News) - Walcom chief financial officer Albert Wong has resigned as a director of the company, effective immediately.

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21 Nov 2018 12:41

Walcom 'significantly restrained' by delinquent payments

(Sharecast News) - Animal feed outfit Walcom told investors on Wednesday that it was yet to receive a RMB 4.96m (£556,000) payment from its largest customer, leading it to commence legal proceedings against the buyer in order to recover the funds.

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18 Sep 2018 15:36

Walcom Interim Loss Widens, Warns On US-China Trade War Impact

LONDON (Alliance News) - Walcom Group Ltd on Tuesday warned on a negative impact from the US-China trade war as its loss widened in the first half of 2018.The China-based investment company

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31 Jul 2018 13:32

Walcom Starts Legal Proceedings To Recover Money From Customer

LONDON (Alliance News) - Walcom Group Ltd said Tuesday it started legal proceedings against its largest customer after it failed to pay GBP483,000 owed to the company.Earlier in July, said

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19 Jul 2018 13:25

Walcom Says Cash Position Restrained By Delays In Customer Payments

LONDON (Alliance News) - Animal feed additive producer Walcom Group Ltd said Thursday it still has not received payment worth GBP483,000 from its unnamed largest customer.The company said a

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9 May 2018 14:35

Walcom Swings To Loss In 2017 On Currency Swings, Higher Costs

LONDON (Alliance News) - Walcom Group Ltd said Wednesday it swung to a loss in 2017 due to volatility in the exchange rate of the Chinese renminbi against the Hong Kong dollar, rising raw material

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4 Jan 2017 12:39

Walcom director and COO in China to retire on 60th birthday

(ShareCast News) - Professor Hong Xun Yang, chief technical officer and chief operating officer of animal feed additive producer Walcom Group in China and a director, is to retire from the company. Hong, who joined Walcom in 2007, will remain until 6 February when he will turn 60 years old, the offi

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9 Nov 2016 12:09

Walcom completes acquisition of Thai site to expand manufacturing

(ShareCast News) - China-based investment holding company Walcom Group completed the 23.9m Thai baht (£520,000) acquisition of a stake in a site in Thailand where it plans to build a feed additive manufacturing plant. The AIM-listed company bought a two-thirds stake in a 15,295 square metre freehold

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21 Sep 2016 10:39

Walcom confident despite China difficulties

(ShareCast News) - Agricultural products and feed company Walcom posted its interim results for the six months to 30 June on Wednesday, keeping its head above water despite difficulties in its main market of mainland China. The AIM-traded firm's revenue for the period was HKD 20.7m, up marginally fr

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21 Jul 2016 12:04

Walcom purchases large site for Thailand plant

(ShareCast News) - Walcom Group announced on Thursday that it has reached agreement, via its subsidiary Walcom Thailand, for the purchase of a two-thirds stake in a 15,295 square metre freehold site in the Sakorn Province in Thailand, located 32km from Bangkok. The AIM-traded firm said total conside

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22 May 2016 23:01

UK advisers struggling with Chinese stock listings - survey

By Alasdair Pal and Patrick Graham LONDON, May 23 (Reuters) - Almost two-thirds of the advisory firms who assist in stock exchange listings in London say they are struggling to guide Chinese firms through the process, a survey showed, in the latest sign of problems with such initial public

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