Speed Commerce Inc
Cubes, Inc. <065560.KQ> : Says it will merge with a wholly owned subsidiary, JL Tech.,Ltd, which is engaged in micro filter business, to improve operating efficency and create synergy . Merger effective date of Aug. 9 and registered date of Aug. 11 .The company will survive and the subsidiary will be dissolved after the merger.
Metaps Inc <6172.T>: Says it to transfer online payment business to a wholly owned Tokyo-based sub-subsidiary .Says effective date planned on July 1.
CHIeru Co Ltd <3933.T>: Says the company to set up wholly owned unit in Okinawa on July 1 .Says the new unit will take over marketing business in Okinawa.
Imagineer Co Ltd <4644.T> : Says it will merge with its wholly owned subsidiary, ROCKET CO.,LTD., effective July 1 .Says the company will be the surviving company, and ROCKET CO.,LTD. will be dissolved.
Shenzhen Sunline Tech Co Ltd:To dissolve a Beijing branch, which was founded in May 2004.
Tecnotree Oyj:Announces draft restructuring programme.Administrator of corporate restructuring of Tecnotree corporation has filed draft restructuring programme to District Court of Espoo.Administrator considers that draft restructuring programme will result in a more favorable outcome for creditors compared to bankruptcy.
Gumi announces reorganization of overseas subsidiaries; expects extraordinary loss for Q4 of FY 2016
Gumi Inc:Announces reorganization of overseas subsidiaries.Says subsidiary Gumi Canada, Inc. and Gumi Germany GmbH will stop their operating activities.Says subsidiary Gumi America,Inc. to close its Austin branch.Says a Shanghai-based subsidiary to optimize its number of employee.Says it expects an extraordinary loss of 360 million yen for Q4 of FY ending April 2016.Says the loss is recorded for the reorganization of overseas subsidiaries.