Computer Hardware

HEDY Holding announces asset swap and to issue shares for stake acquisition and fund raising

HEDY Holding Co Ltd:To divest all assets and liabilities worth 880 mln yuan, and issue 3,813.5564 mln shares at 10.46 yuan per share and pay cash of 4,930.20 mln yuan to pay difference of 44,820 mln yuan, in exchange for 100 pct stake in Shanghai-based multimedia technology company.The intake asset...

Monday, 31 Aug 2015 08:00pm EDT

Teac to sell business of subsidiary and to dissolve subsidiary

Teac Corp:To sell storage device business in its wholly owned subsidiary TAIWAN TEAC CORPORATION (TTC) to a Tokyo-based company on Sep. 30.To dissolve the Taiwan-based wholly owned subsidiary TTC in Aug. 2016.

Monday, 31 Aug 2015 04:00am EDT

Artec Technologies AG lowers FY 2015 outlook

Artec Technologies AG:Now forecasts sales growth between 30 percent to 50 percent for FY2015.Previously expected FY 2015 revenue growth of 50 pct.FY 2015 revenue 3.65 million euros - Thomson Reuters I/B/E/S.

Monday, 31 Aug 2015 03:30am EDT

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