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Forest & Wood Products

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Greenheart Group ‍responds to news articles regarding certain statements made by CEO

Tuesday, 10 Oct 2017

Oct 10 (Reuters) - Greenheart Group Ltd <0094.HK>:‍Refers to news articles reporting certain statements made by CEO Wu Wai Leung Danny.Intends to develop light assets business especially in Inner Mongolia​.Clarifies co in renewal process for 127,000 hectare west suriname forest concession, co currently holds rights to 195,000​ hectares.No concrete plan to implement Inner Mongolia strategy besides acquisition of Northland Forest Managers (1995) Ltd.Notes co's plan to develop light assets business in Inner Mongolia and targeted revenue & return contribution from light assets business​.

Guangxi Fenglin Wood Industry Group sees Q1~Q3 FY 2017 net profit up 55 pct to 75 pct

Monday, 9 Oct 2017

Oct 9(Reuters) - Guangxi Fenglin Wood Industry Group Co Ltd <601996.SS> ::* Sees Q1~Q3 FY 2017 net profit to increase by 55 percent to 75 percent.* Says Q1~Q3 FY 2016 net profit was 72.4 million yuan.* The reasons for the forecast are improved fiberboard business and updated particleboard products and booming production and marketing situation of wood-based panel products as well as sharply increased VAT refund .

Samko Timber undertakes a reorganisation of group structure

Friday, 7 Oct 2016

Samko Timber Ltd : Undertaking a reorganisation of group structure . Reorganisation involves, amongst other things, a tax review of company's indonesian subsidiaries .Expected that group will write-off tax assets amounted to approximately rp83 billion in nine-month period ended 30 september.

Nankai Plywood dissolves Shanghai building material unit

Tuesday, 9 Aug 2016

Nankai Plywood Co Ltd <7887.T>:Says it dissolved Shanghai-based building material subsidiary on Aug. 9.

T.O.Ogasawara plans transition to holding company structure

Thursday, 14 Jul 2016

T.O.Ogasawara Co Ltd <9812.T> : Says it plans to set up three wholly-owned subsidiaries based in Hokkaido as the successor preparatory companies in early Sep. .Says it will transfer all business to the three newly established subsidiaries and a wholly owned comprehensive service subsidiary, and restructure itself into holding company, effective June 1, 2017.

Takasho to dissolve unit NIHON INTEGRATE INC

Friday, 1 Jul 2016

Takasho Co Ltd <7590.T>: Says the co will dissolve a wholly owned unit NIHON INTEGRATE INC, which is engaged in business of planning, production, publication and sales .Says effective date in mid of January, 2017.

Acadian Timber Corp announces review of strategic alternatives

Thursday, 4 Feb 2016

Acadian Timber Corp:Says Board of Directors has initiated a review of strategic alternatives, which may include, among other things, a sale of all or parts of its business, a merger or other business combination or other strategic transaction.Board of Directors has formed a Special Committee, which has engaged Scotiabank as its financial advisor, to assist in this process.Company does not intend to provide further updates on its strategic review until such time as the Board of Directors determines is appropriate.

ORVIS to merge with wholly owned subsidiary

Monday, 14 Dec 2015

ORVIS CORP:To merge with a Fukuyama-based wholly owned subsidiary, which is engaged in management of karaoke and golf course, on May, 2016.The subsidiary will dissolve after merger.


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