Auto, Truck & Motorcycle Parts

Scandinavian Brake Systems comments on FY 2014 revenue and EBITDA outlook

Scandinavian Brake Systems A/S:Now sees FY 2014 EBITDA at 125-135 million Danish crowns against previous guidance of 140-150 million crowns.Raises FY 2014 revenue outlook to 1.00-1.02 billion crowns from previously named 0.94-1.04 billion crowns.

9:15am EST

Daewonsanup announces merge between subsidiaries

Daewonsanup:Says its subsidiary, YANCHENG DAEWON AUTO PARTS CO.,LTD., to merge with another Korea-based construction subsidiary (target company), which is engaged in auto parts business, to improve operating efficency and create synergy.Merger ratio of 1:0 between YANCHENG DAEWON AUTO PARTS CO.,LTD...

3:27am EST

Pyung Hwa Holdings sets up subsidiary

Pyung Hwa Holdings Co., Ltd:Completed the establishment of a wholly-owned subsidiary namely Pyunghwa Research Institute Co.,Ltd. on Nov. 25.The subsidiary will be engaged in the development of prior technology business.Number of subsidiaries increased to 7 from 6.

2:46am EST

Hyundai Wia to acquire stake in Dongbu Special Steel Co., Ltd.

Hyundai Wia:To acquire 40 pct stake (8,000,000 shares) in Dongbu Special Steel Co., Ltd., which is engaged in steel business.Transaction amount of 117,720 mln won.To hold 40 pct stake (8,000,000 shares) in Dongbu Special Steel Co., Ltd., after the transaction.

2:33am EST

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