Auto & Truck Manufacturers
Xiamen King Long Motor Group Co Ltd:To transfer 15 pct stake in a Xiamen-based financial company (target company), to Xiamen CCRE Group Co., Ltd.Transaction amount not disclosed.To hold 0 pct stake in the target company, after the transaction.
Shenyang Jinbei Automotive Co Ltd:To issue non-public directional debt financing instruments worth up to 1 bln yuan, with a term of no more than two years and coupon rate to be determined.Proceeds to be used for supplement of working capital and adjustment of financial structure.
Ashok Leyland Ltd:Says it has completed sale of residual section of one of residential properties at Chennai as part of strategy to sell non-core assets.With this transaction, sale of entire property stands completed, for total consideration of 2.1 billions Indian rupees, proceeds of which has since...
MBM Resources Bhd:Declares first interim dividend of 4.0 sen per share tax exempted (single tier dividend) for year ending Dec. 31.
No related earnings announcements are currently scheduled within the next 7 days.