Sept 4(Reuters) - Guangdong Mingzhu Group Co Ltd <600382.SS>:Says it plans to apply for entrusted loan of up to 40 million yuan and trust loan of up to 88 million yuan, with term of up to two years.Says loans will be used for business development .
Aug 7 (Reuters) - Global Ferronickel Holdings Inc ::Ipilan Nickel Corp recently received criminal complaint filed by . Mary Jean D. Feliciano, municipal mayor of brooke’s point, Palawan.Inc has yet to start commercial production; the complaints do not affect the business operations of the company.Complaint for violation of pd 1829 or obstruction of apprehension against Dante R. Bravo and other respondents.
May 24 (Reuters) - Electrum Special Acquisition Corp :Electrum special acquisition corporation announces contribution to trust account.Electrum special acquisition-amendment to extend date by which company has to consummate a business combination from june 10, 2017 to october 8, 2017.Electrum-Its sponsor agreed to contribute as loan $0.025 for each public share that is not redeemed in connection with shareholder vote to approve extension.Electrum special acquisition-contribution to increase pro rata portion of funds in trust after combination/liquidation from about $10.05per share to $10.15per share.Electrum special acquisition corp - if extension is implemented, company's sponsor will make first contribution within seven days of june 10, 2017.
Barington/Hilco Acquisition Corp : BARINGTON/HILCO ACQUISITION CORP. STOCKHOLDERS APPROVE EXTENSION OF DATE TO CONSUMMATE BUSINESS COMBINATION . BARINGTON/HILCO ACQUISITION CORP SAYS EXTENSION ALLOWS COMPANY UNTIL AUGUST 11, 2017 TO COMPLETE A BUSINESS COMBINATION .BARINGTON/HILCO ACQUISITION CORP - FOLLOWING REDEMPTIONS ASSOCIATED WITH EXTENSION, TOTAL OF ABOUT $35 MILLION WILL REMAIN IN COMPANY'S TRUST ACCOUNT.
Global Ferronickel Holdings Inc : Mine site located at Barangay Cagdianao, Claver, Surigao Del Norte, was unaffected by the earthquake . There were no reported injuries among employees and mining facilities and infrastructure surrounding area sustained no damage .Company reports business as usual as mine site unaffected by the earthquake.
UET United Electronic Technology AG : Releases financial figures for operating business for the third quarter 2016 . Q3 consolidated revenues amounted to 14.631 million euros ($15.61 million) . Q3 decrease of consolidated revenue of 1.997 million euros, respectively 12 percent . Improvement of quarterly operating results compared to previous year .Short-Term outlook remains restrained in these difficult market conditions.
KST Beteiligungs AG : Will be completely resolved from a pension obligation existing with the former management board against payment of a compensation amounting to approx. 1.26 million euros ($1.41 million) . Resolves itself from the pension obligation and proposes liquidation of the company .After signing of transfer agreement will propose to agm of company liquidation of KST Beteiligungs AG.
Shanghai Material Trading Co Ltd <600822.SS><900927.SS> : Says it scraps asset restructuring plan .Says controlling shareholder Bailian Group scraps plan to sell 29.0 percent stake in the company.