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Forest & Wood Products

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Jilin Forest Industry says change of shareholding structure

Wednesday, 25 Oct 2017

Oct 25 (Reuters) - Jilin Forest Industry Co Ltd <600189.SS>:Says Jilin-based forest industry firm will decrease stake in the co to 37.4 percent from 42.6 percent .Says Beijing-based trade firm will increase stake in the co to 8.1 percent from 0 percent .Says an individual, Zhao Zhihua will increase stake in the co to 11.9 percent from 0 percent .Says Shanghai-based business administration fund will increase stake in the co to 5 percent from 0 percent .

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.

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