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Xinhua Holdings Ltd announces liquidation of subsidiaries and expects extraordinary profit for FY 2014


Friday, 10 Jan 2014 05:00am EST 

Xinhua Holdings Ltd:Says it has decided to liquidate a wholly owned subsidiary in the United States, which is engaged in economy analysis and investigation.Says it has also decided to liquidate a wholly owned sub-subsidiary in the United States, which is engaged in economy analysis and investigation.Says it expects $50,000 (approximately 5 million yen) extraordinary profit on restructuring of subsidiaries for the fiscal year ending Dec. 2014. 

Company Quote

587.0
15.0 +2.62%
27 Nov 2014