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Sanyo Trading to merge with unit Sort

Thursday, 12 Oct 2017

Oct 12(Reuters) - Sanyo Trading Co Ltd <3176.T>:Says it plans to merge with wholly owned industrial chemicals unit Sort Co Ltd, effective April 1, 2018.Says Sort will be dissolved after the merger .

Marubeni and commercial trade firm to cut stake in Anhui Guozhen Environment Protection Technology Joint Stock to 0 pct

Monday, 4 Sep 2017

Sept 4(Reuters) - Anhui Guozhen Environment Protection Technology Joint Stock Co Ltd <300388.SZ>:Says Marubeni Corp <<<8002.T>>> and a Beijing-based commercial trade firm, who are persons acting in concert, plan to jointly sell entire 14.9 percent stake in the company.

ITOCHU Techno-Solutions to merge wholly owned Tokyo-based unit

Friday, 10 Feb 2017

ITOCHU Techno-Solutions Corp <4739.T> : Says it plans to merge its wholly owned Tokyo-based unit CTC Life Science Corporation, effective on April 1 .Says the unit will be dissolved after transaction.

Aerospace Commmunications Holdings unit to dissolve communication technology units

Tuesday, 1 Nov 2016

Aerospace Commmunications Holdings <600677.SS>:Says its subsidiary Hipad Intelligent plans to dissolve two communication technology subsidiaries in Shanghai and Nanchang.

Sumitomo to transfer sunlight stand business to metalwork unit

Monday, 1 Aug 2016

Sumitomo Corp <8053.T> :Says it plans to transfer its sunlight stand business to its wholly owned metalwork subsidiary, effective on Oct. 1.

Xiamen C&D halts assets restructuring plan, shares to resume trade

Wednesday, 8 Jun 2016

Xiamen C&D Inc <600153.SS> :Says it halts assets restructuring plan, shares to resume trade on June 14.

Noble Group announces $500 mln rights issue

Friday, 3 Jun 2016

Noble Group Ltd : Announcement) . Announces US$500 million rights issue, a comprehensive programme to focus the company on its growth businesses and changes to the board . Says also announcing an expanded cost reduction programme, which is in addition to previous cost reduction efforts announced . Rights issue announced today has strong support from both Richard Elman and China Investment Corp . Confirmed the continuation of a rigorous operating cost reduction programme" . Continued reduction of working capital in low return businesses globally . Reconfirmed earlier commitment to a comprehensive asset disposal and portfolio optimisation programme, which will generate at least US$1.5 billion . Reduction in headcount following exit from low returning businesses and assets . Says cost reduction programme with a focus on reduction in headcount following exit from low returning businesses and assets . Planned headcount and sao expense reduction in excess of 20% from current levels over the course of 2016 . CIC will henceforth be entitled to a second non-executive director, in addition to the current appointee they have on the board . Noble will also seek to appoint an additional independent non-executive director . Richard Elman Wishes to step down as executive chairman within the next 12 months .

Hyundai to merge with Hyundai Energy & Resources

Wednesday, 4 May 2016

Hyundai Corp:To merge with a wholly owned subsidiary, Hyundai Energy & Resources Cp., Ltd., which is engaged in the resources development and related investment business.Merger effective date of July 31 and registered date of Aug. 1.The company will survive and the subsidiary will be dissolved after the merger.

Aerospace Communications Holdings to dissolve textile unit

Saturday, 30 Apr 2016

Aerospace Communications Holdings Co Ltd:Says it to dissolve its Hangzhou-based textile industry subsidiary, which is unit of company's wholly owned subsidiary, Hangzhou Zhonghui Textile Co., Ltd, to optimize allocation of resources and reform textile business.


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