Edition:
United Kingdom

Diversified Trading & Distributing

Page 1

Mitsubishi Shokuhin to merge with wholly owned subsidiaries

Friday, 24 Nov 2017

Nov 24(Reuters) - Mitsubishi Shokuhin Co Ltd <7451.T>:Says it plans to merge with six sales business related wholly owned subsidiaries, effective April 1, 2018.Says the six subsidiaries will be dissolved after the merger .

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 .

Markets

  • Sectors
  • Europe
  • U.S.
  • Asia

Sector Summary