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China Travel International Investment Hong Kong Unit Entered Agreement To Undertake Reorganisation

Friday, 9 Aug 2019

Aug 9 (Reuters) - China Travel International Investment Hong Kong Ltd <0308.HK>::UNIT ENTERED AGREEMENT WHEREIN UNIT, CHINA TRAVEL, CHINA TRAVEL AIR & CTSHK UNDERTAKE REORGANISATION.CTS HEAD OFFICE AGREES TO ACQUIRE 100% OF CHINA TRAVEL (HK & MACAU TOUR) FOR HK$5.1 MILLION.GROUP EXPECTS TO RECORD A LOSS OF ABOUT HK$6.2 MILLION IN RELATION TO DISPOSAL.

Actic Group Expects Q2 Net Sales In Line With Previous Year

Friday, 19 Jul 2019

July 19 (Reuters) - Actic Group AB ::RESTRUCTURING COSTS ARE CHARGED TO Q2 - NET SALES IN LINE WITH THE PREVIOUS YEAR.NET SALES DURING Q2 ARE EXPECTED TO BE IN LINE WITH PREVIOUS YEAR..SALES OF NEW MEMBERSHIPS HAVE DEVELOPED POSITIVELY IN RECENT MONTHS IN ALL MARKETS, WHILE CHURN HAS BEEN STABLE..PRELIMINARY EBIT IN Q2 AMOUNTED TO APPROX. SEK 0 MILLION, COMPARED WITH LAST YEAR'S APPROX. SEK 20 MILLION..WORK ON INCREASING PROFITABILITY OR PHASING OUT FACILITIES THAT DO NOT ACHIEVES INTERNAL PROFITABILITY TARGETS CONTINUES.PLAN TO INCREASE ORGANISATION'S PROFITABILITY AND PRODUCTIVITY THROUGH MORE EFFICIENT OPERATIONS AND LOWER SUPPORT COSTS IS IMPLEMENTED GRADUALLY.HAS BEEN IN AN ADJUSTMENT PROCESS SINCE TURN OF YEAR, WHICH IN Q2 RESULTED IN ADDITIONAL COSTS TOTALING ALMOST SEK 12 MILLION.COSTS ARE ESTIMATED TO DECREASE BY APPROXIMATELY SEK 40-50 MILLION ON AN ANNUAL BASIS WITH FULL EFFECT FROM Q1 OF 2020.

Wanda Film Holding To Buy 96.83 Pct Stake In Wanda Media For 10.65 Bln Yuan Via Share Issue

Monday, 26 Nov 2018

Nov 26 (Reuters) - Wanda Film Holding Co Ltd <002739.SZ>::SAYS IT REVISES PLAN, TO BUY 96.83 PERCENT STAKE IN WANDA MEDIA FOR 10.65 BILLION YUAN ($1.53 billion) VIA SHARE ISSUE.

Travel Expert (Asia) Enterprises HY Loss Attributable Widens

Thursday, 22 Nov 2018

Nov 22 (Reuters) - Travel Expert (Asia) Enterprises Ltd <1235.HK>::HY LOSS ATTRIBUTABLE HK$7.9 MILLION VERSUS LOSS OF HK$3 MILLION.HY REVENUE HK$151.3 MILLION, DOWN 6.7%.WILL UNDERTAKE RESTRUCTURING AND STREAMLINING PROGRAMS TO SIMPLIFY BACK-OFFICE ADMINISTRATIVE AND SUPPORT FUNCTIONS.EXPECTS SECOND HALF OF YEAR WILL CONTINUE TO BE CHALLENGING.

Rainbow Tours To Merge With Two Wholly-Owned Units

Thursday, 25 Oct 2018

Oct 25 (Reuters) - RAINBOW TOURS SA ::SAYS AGREES MERGER PLAN WITH ITS TWO WHOLLY-OWNED UNITS BEE & FREE AND RAINBOW INCENTIVE & INCOMING.SAYS MERGER AIMS AT INCREASING MANAGEMENT EFFECTIVENESS, LOWERING OPERATING COSTS, SIMPLIFYING RELATIONSHIPS AND SETTLEMENTS WITHIN THE RAINBOW TOURS CAPITAL GROUP.

Wanda Film's Asset Restructuring Still Underway, Share Trade Remains Suspended

Tuesday, 9 Oct 2018

Oct 9 (Reuters) - Wanda Film Holding Co Ltd <002739.SZ>::SAYS ASSET RESTRUCTURING STILL UNDERWAY, SHARE TRADE REMAINS SUSPENDED.

BVB Working On Growth Strategy With McKinsey

Friday, 24 Aug 2018

Aug 24 (Reuters) - BVB ::MANAGING DIRECTOR SAYS WORKING ON GROWTH STRATEGY WITH MCKINSEY, FOCUS ON DIGITALISATION AND INTERNATIONALISATION.AIMS FOR GROWTH BY 2025 TO ANNUAL SALES OF 500 MILLION EUROS PLUS TRANSFER PAYMENTS.

India's Cox & Kings Says NCLT Sanctioned Scheme Of Arrangement With Cox & Kings Financial Service Limited

Thursday, 2 Aug 2018

Aug 2 (Reuters) - Cox & Kings Ltd ::NCLT SANCTIONED DEMERGER OF CO'S BUSINESS OF PROVIDING FOREIGN EXCHANGE SERVICES AND FACILITATING MULTIPLE CHANNELS OF OUTWARD REMITTANCES.SAYS NCLT SANCTIONED SCHEME OF ARRANGEMENT BETWEEN CO AND COX & KINGS FINANCIAL SERVICE LIMITED.

Wanda Film's Asset Restructuring Plan Still Underway, Share Trade Remains Suspended

Monday, 2 Jul 2018

July 2 (Reuters) - Wanda Film Holding Co Ltd <002739.SZ>::SAYS ASSET RESTRUCTURING PLAN STILL UNDERWAY, SHARE TRADE REMAINS SUSPENDED.

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