Key Developments: Svenska Cellulosa SCA AB (SVCBY.PK)

SVCBY.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Svenska Cellulosa AB SCA to integrate hygiene business in China with Vinda International Holdings Limited
Thursday, 17 Jul 2014 07:30pm EDT 

Svenska Cellulosa AB SCA:SCA and Vinda International Holdings Limited are strengthening cooperation.Says SCA is to transfer its hygiene business in China (Mainland China, Hong Kong and Macau) to Vinda.As part of the transaction, SCA and Vinda have signed an agreement regarding the exclusive license to market and sell the SCA brands.The brands include TENA, (incontinence products) Tork (Away from Home tissue), Tempo (consumer tissue), Libero (baby diapers), and Libresse (feminine care) in China (Mainland China, Hong Kong and Macau).Says with this agreement, Vinda will hold the rights to these product brands in these Chinese markets.Vinda will acquire SCA’s Dr P and Sealer brands in China.  Full Article

Svenska Cellulosa AB SCA floats its joint venture Asaleo Care in Australia
Monday, 30 Jun 2014 01:00am EDT 

Svenska Cellulosa AB SCA:Says it floated its joint venture, Asaleo Care, in Australia, New Zealand and Fiji on the Australian Securities Exchange (ASX).Trading in the shares will commence on July 3.In early June, SCA and its Australian partner, Pacific Equity Partners (PEP), announced that an IPO was planned for the joint venture Asaleo Care.Says after the IPO, SCA’s holding in Asaleo Care will amount to about 32.5 pct.  Full Article

Svenska Cellulosa AB SCA to float its joint venture in Australia
Monday, 2 Jun 2014 01:00am EDT 

Svenska Cellulosa AB SCA:Says, together with its Australian partner, Pacific Equity Partners (PEP), have decided to float their joint venture in Australia, New Zealand and Fiji on the Australian Securities Exchange (ASX).A draft of the prospectus for the initial public offering (IPO) was submitted on June 2 to the Australian Securities and Investment Commission (ASIC).Says the listing of the joint venture Asaleo Care (formerly SCA Hygiene Australasia) on the ASX is scheduled to take place in late June or early July.SCA intends to retain a shareholding in Asaleo Care.The Group to date owns 50 pct of the company.The stock market floatation will dilute SCA’s holding in the company.SCA’s ownership is expected to be about 33 pct following the IPO.  Full Article

Svenska Cellulosa launches two IT-based services for cleaner washrooms
Wednesday, 7 May 2014 08:30am EDT 

Svenska Cellulosa AB SCA:Launches two new IT-based washroom services: Bloe washroom service and Tork EasyCube.The services provide real-time data from washrooms, such as toilet use and refill consumption.The data is easily accessible and interpreted online – either via an office computer or on the field via smartphones and tablets.Cleaning providers will have an instant overview of when and where cleaning is needed, moving from static cleaning schedules to cleaning when needed.  Full Article

Svenska Cellulosa SCA announces details of FY 2013 dividend
Thursday, 10 Apr 2014 11:11am EDT 

Svenska Cellulosa SCA AB:Decides on a dividend of 4.75 Swedish crowns per share for the 2013 fiscal year.The record date is April 15.Plans payment through Euroclear Sweden AB for April 22.FY 2012 dividend was paid at 4.50 crowns per share.  Full Article

Svenska Cellulosa AB SCA issues SEK 1.5 bln green bond
Tuesday, 25 Mar 2014 11:23am EDT 

Svenska Cellulosa AB SCA:Says has raised 1.5 billion Swedish crowns through a green bond issue.Proceeds will be used for investments in projects with a positive environmental impact.The bond is Swedish crowns denominated and has a five-year tenor.The bond is issued under the company’s EMTN (Euro Medium Term Note) program The bond has two tranches.One tranche 1 billion floating rate note, priced at three-month STIBOR +0,68 percent annually.One 500 million crowns fixed rate tranche with an annual coupon of 2.5 percent.Says the bond offer was oversubscribed.The intermediary bank has been SEB.  Full Article

Svenska Cellulosa AB SCA proposes FY 2013 dividend of SEK 4.75 per share
Wednesday, 29 Jan 2014 02:00am EST 

Svenska Cellulosa AB SCA:Proposes FY 2013 dividend of 4.75 Swedish crowns per share.Says the proposed dividend represents an increase of 5.6 percent in comparison to FY 2012 dividend of 4.50 Swedish crowns.Says Apr. 15 has been proposed as the record date for the right to the dividend.  Full Article

Svenska Cellulosa AB SCA' CFO retires on July 1, 2014
Wednesday, 4 Dec 2013 02:37am EST 

Svenska Cellulosa AB SCA:Says chief financial officer (CFO) and executive vice president Lennart Persson will retire on July 1, 2014, after contributing to SCA`s growth in a number of senior positions since 1987.Says Fredrik Rystedt, will succeed Lennart Persson.Says Fredrik will become a member of SCA's Corporate Senior Management Team and will be employed from Mar.1, 2014 although he will formally assume his position on July 1, 2014.Says in his new role at SCA, Fredrik Rystedt will report to President and CEO Jan Johansson.  Full Article

Svenska Cellulosa AB SCA Completes Offer for Vinda
Monday, 11 Nov 2013 05:53am EST 

Svenska Cellulosa AB SCA announced that the Company has completed its offer for the Chinese tissue manufacturer Vinda and is now the majority shareholder with 59.95% of the shares. SCA will consolidate Vinda as of the first quarter of 2014.  Full Article

Svenska Cellulosa AB SCA Exceeds 50% Ownership in Vinda
Monday, 28 Oct 2013 07:39am EDT 

Svenska Cellulosa AB SCA announced that the Company has secured an ownership share of 56.33% in the Chinese tissue manufacturer Vinda, signifying that the terms for completion of the offer have been met. The acceptance period expires on November 11, 2013. On September 9, 2013, SCA announced that the Company was planning to make a cash offer for Vinda. The complete prospectus was published on October 7, 2013. Prior to the publication of the offer, SCA held approximately 21.7% of the shares in Vinda.  Full Article

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