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Chia Tai Enterprises International's unit enters into compensation agreement

Thursday, 17 Nov 2016 06:50am EST

Chia Tai Enterprises International Ltd <3839.HK> : Unit entered into a relocation compensation agreement with people's government of Zhumadian City . Relocation compensation agreement in order to cooperate with planning arrangements of Zhumadian Municipal GovernmentAs result of government acquisition, Zhumadian Huazhong will relocate production facilities at about RMB32.8 million . Zhumadian Huazhong will build new production plants and facilities on new land to continue its manufacturing operations . Humadian Municipal Government will pay zhumadian huazhong a total relocation compensation amounting to approximately RMB211.7 million . Expected that, upon completion of relocation, co will record a net gain attributable to shareholders of RMB80 million . Estimates that whole relocation, including construction of new factory, will take about two years .Relocation is not expected to have a material impact on company's normal production and operations.

Zhejiang Qianjiang Biochemical halts assets restructuring plan

Monday, 31 Oct 2016 06:56am EDT

Zhejiang Qianjiang Biochemical Co Ltd <600796.SS> :Says its shares to resume trade on Nov 1 after halting assets restructuring plan.

Guizhou Chitianhua unit overhauls production for maintenance

Monday, 15 Aug 2016 10:48pm EDT

Guizhou Chitianhua Co., Ltd.<600227.SS>:Says its unit overhauls chemical production from Aug. 15 for 20 days, for equipment maintenance.

Hubei Xinyangfeng Fertilizer completes merger with fertilizer unit

Thursday, 21 Jul 2016 11:30pm EDT

Hubei Xinyangfeng Fertilizer <000902.SZ>: Says it completed merger with a fertilizer wholly owned subsidiary on July 21 .Says the subsidiary was dissolved.

Hubei Sanonda plans merger with units

Tuesday, 28 Jun 2016 11:12pm EDT

Hubei Sanonda Co Ltd <000553.SZ> : Says it plans to merge its wholly owned Jingzhou-based pesticide chemical unit and chemical unit respectively .Says the two units to be dissolved after the transaction.

Gubre Fabrikalari decides restructuring for some units

Monday, 16 May 2016 01:41am EDT

Gubre Fabrikalari T.A.S. : Said on Friday that it decided restructuring in Tarkim Bitki, Tarnet Tarim and Imece Tahmil to increase operational efficiency . Evaluates alternatives such as stake sale, acquisition and merger .Authorizes management to make valuations of the companies.

Shandong Hualian Mining adjusts asset restructuring plan

Tuesday, 10 May 2016 07:00am EDT

Shandong Hualian Mining Holdings Co Ltd <600882.SS> : Says it revises asset restructuring plan, to acquire two dairy firms for about 813.6 million yuan ($124.89 million) via assets swap .Says shares to resume trading on May 11.

Cangzhou Dahua to dissolve one unit

Thursday, 28 Apr 2016 08:00pm EDT

Cangzhou Dahua Co Ltd:Says to dissolve its urea woven bag producing unit, to optimize allocation of resources and cut operation costs.


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