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China Animation Characters Co's unit enters into option agreement

Monday, 7 Aug 2017 10:59am EDT

Aug 7 (Reuters) - China Animation Characters Company Ltd <1566.HK>:Unit entered into option agreement with Jovial, Sz Taisheng And Huajiatai (Shanghai) Indoor Amusement.Jovial century investments ltd has agreed to sell call option to China Theme Park at a consideration of hk$86.8 million.Share transfer agreement was entered into among Sz Wald, Sz Taisheng And Huajiatai (Shanghai) Indoor Amusement Co.SZ taisheng agreed to sell to SZ Wald 49% equity interest in target at a consideration of RMB29.4 million.

Crown Crafts acquires Carousel Designs

Monday, 7 Aug 2017 06:45am EDT

Aug 7 (Reuters) - Crown Crafts Inc :Crown Crafts transforms its online business with acquisition of internet retailer, Carousel Designs.Crown Crafts Inc - transaction closed on August 4, 2017 and includes a purchase price of $8.8 million in cash plus assumption of certain liabilities.Crown Crafts Inc - Crown Crafts funded acquisition with cash on hand.Crown Crafts Inc - Carousel Designs will be operated as a wholly-owned subsidiary of company and is expected to be immediately accretive to earnings.Crown Crafts Inc - Jonathan Hartley, Allan Sicat, CEO and president of Carousel Designs, respectively, to remain in same positions for new unit of co.

Capcom to merge with Osaka-based unit Capcom Mobile

Friday, 28 Jul 2017 03:12am EDT

July 28 (Reuters) - Capcom Co Ltd <9697.T>:Says it plans to merge with Osaka-based wholly owned unit Capcom Mobile Inc on Sept. 1, which is engaged in development and distribution of content for mobile phones.Says the unit will be dissolved after merger.

Shenzhen Zqgame sees H1 2017 net profit up 25-55 pct

Monday, 17 Jul 2017 02:31am EDT

July 17 (Reuters) - Shenzhen Zqgame Co Ltd <300052.SZ>: :* Sees net profit for H1 2017 to increase by 25 percent to 55 percent, or to be 9.8 million yuan to 12.1 million yuan, compared to net profit of the same period in 2016 (7.8 million yuan).* Comments that increased sales of new product and business, as well as recording of investment income are the main reasons for the forecast.

Alpha sees FY 2017 H1 net profit down 30 pct to 60 pct

Monday, 17 Jul 2017 01:40am EDT

July 17 (Reuters) - Alpha Group <002292.SZ>:* Sees net profit for FY 2017 H1 to decrease by 30 percent to 60 percent, or to be 117 million yuan to 204.7 million yuan .* Says the net profit of FY 2016 H1 was 292.5 million yuan.* Comments that decreased game business income and investment income as main reasons for the forecast .

BanBao's shares to resume trade after halting asset restructuring plan

Tuesday, 23 May 2017 07:02am EDT

May 23 (Reuters) - BanBao Co Ltd <603398.SS>:Says its shares to resume trade on May 24 after halting asset restructuring plan.

BanBao scraps asset restructuring plan

Monday, 22 May 2017 07:42am EDT

May 22 (Reuters) - BanBao Co Ltd <603398.SS>:Says it scraps asset restructuring plan.

Winshine Science says Loyal Victory enters acquisitino agreement

Thursday, 11 May 2017 07:37am EDT

May 11 (Reuters) - Winshine Science Co Ltd <0209.HK>:Loyal Victory, remaining shareholder and target company entered into an acquisition agreement.Upon completion of acquisition and second acquisition, target company will be directly held as to 100% by Loyal Victory.Loyal Victory to purchase and remaining shareholder to sell 40% of existing equity interest of target co at total consideration of RMB20 million.

Quali-Smart to issue convertible notes with principal amount of HK$80 mln

Tuesday, 2 May 2017 08:46am EDT

May 2 (Reuters) - Quali-Smart Holdings Ltd <1348.HK>::Co agreed to issue, and Benefit Global Limited agreed to subscribe for convertible notes with a principal amount of hk$80 million.Convertible notes shall bear interest at simple interest rate of 6% per annum, payable quarterly in arrears.Net proceeds from notes issuance will be used for repayment of liabilities, expansion of financial services business under Crosby Group.

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