Investment Trusts

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ZD Ventures Corp to buy 100 pct of Bluesence

Friday, 11 Jul 2014 02:13pm EDT

ZD Ventures Corp:Announces that it has renegotiated the previously announced letter of intent with Bluesence Innovation Group S.L.Under the re-negotiated terms, The company will acquire 100 pct of Bluesence for one million shares of the company to be held in escrow and released in tranches to the current owners of Bluesence on achievement of agreed milestones.

Opes Asia Development Ltd to issue rights shares

Friday, 11 Jul 2014 10:43am EDT

Opes Asia Development Ltd:Proposes to raise not less than about HK$210.6 mln and not more than about HK$215.5 mln by way of rights issue of not less than 2,106,618,000 rights shares and not more than 2,154,104,400 rights shares at the subscription price of HK$0.10 per rights share.On the basis of four rights shares for every one share held on the record date.Estimates net proceeds from the rights Issue will be not less than about $204.1 mln and not more than about HK$208.8 mln.Intends to apply the net proceeds from the rights issue as to about 60 pct to 70 pct thereof for investments in listed equity and/ or listed debt securities.

Empire Global Corp announces departure of Interim President - Form 8-K

Friday, 11 Jul 2014 07:33am EDT

Empire Global Corp:Announces the departure of Giuseppe Parolini as its Interim President and as a director effective July 9.

China New Economy Fund Ltd gives H1 2014 net profit outlook

Friday, 11 Jul 2014 04:59am EDT

China New Economy Fund Ltd:Expects net profit for H1 2014 to improve significantly as compared to that of H1 2013.The expected increase is mainly attributable to unrealized fair value gain on financial assets at fair value through profit or loss.

Intertain Group closes $103.5 mln bought public offering of securities including full exercise of over-allotment option

Thursday, 10 Jul 2014 09:31am EDT

Intertain Group Ltd:Closes bought deal public offering of 7,475,000 equity subscription receipts, and 51,175 equity-linked debt subscription receipts, inclusive of 975,000 equity subscription receipts and 6,675 equity-linked debt subscription receipts issued.Pursuant to the exercise in full of the over-allotment option, for total gross proceeds of $103,500,000.Offering was conducted through a syndicate of underwriters led by Canaccord Genuity Corp. and including Mackie Research Capital Corporation, Clarus Securities Inc., National Bank Financial Inc., Cormark Securities Inc., Haywood Securities Inc., and Global Maxfin Capital Inc.Net proceeds from the offering will be used by Intertain to fund the previously announced acquisition of Mandalay Media Limited.

Martin Currie Pacific Trust PLC announces retirement of Chairman

Thursday, 10 Jul 2014 08:18am EDT

Martin Currie Pacific Trust PLC:Board announces retirement of Patrick Gifford as Chairman and a director of company.

OFS Capital Corp announces management changes

Thursday, 10 Jul 2014 08:00am EDT

OFS Capital Corp:Says Bilal Rashid has been appointed as Chairman of the Board of Directors and Chief Executive Officer.Rashid replaces Glenn Pittson, who will remain on the Board of Directors.Says Jeffrey Cerny has been appointed as Chief Financial Officer and Treasurer.Cerny replaces Robert Palmer, who has resigned from his positions as Chief Financial Officer and Treasurer.

Acorn Minerals Plc updates on termination of discussions

Thursday, 10 Jul 2014 02:00am EDT

Acorn Minerals Plc:On April 23, it announced that conditional agreement had been reached with certain shareholders in Gulf Energy Limited (Gulf), as part of broader offer to acquire the entire issued share capital of Gulf.Proposed takeover was expected to have constituted a reverse takeover, and the Company's ordinary shares of 2 pence each were suspended from trading with effect from April 23.

Qannas Investments Ltd declares special dividend

Thursday, 10 Jul 2014 02:00am EDT

Qannas Investments Ltd:Declares special dividend of $0.115 per share will be paid to shareholders.To be paid within two weeks of the record date, being July 18, or as soon as practicable thereafter.Ex-dividend date will be July 16.

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