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New Focus Auto Tech considering potential acquisition in China

8:31am EDT

Sept 21 (Reuters) - New Focus Auto Tech Holdings Ltd <0360.HK>:Co is currently considering acquisition of co which is principally engaged in operation of 4s dealership stores in china.

Marshall Motor says strategic disposal of Marshall Leasing

2:00am EDT

Sept 21 (Reuters) - MARSHALL MOTOR HOLDINGS PLC ::STRATEGIC DISPOSAL OF MARSHALL LEASING.‍STRATEGIC DISPOSAL OF MARSHALL LEASING​.SAYS PROPOSED STRATEGIC DISPOSAL OF MARSHALL LEASING TO N.I.I.B GROUP LIMITED FOR A GROSS CASH CONSIDERATION OF £42.5M​.‍DISPOSAL EXPECTED TO BE DILUTIVE TO UNDERLYING EPS IN YEAR ENDING 31 DEC ALTHOUGH THERE WILL BE SIGNIFICANT GAIN ON DISPOSAL​.

New Focus Auto Tech Holdings says CFO Lin Ming has been appointed as CEO

Friday, 15 Sep 2017 10:32am EDT

Sept 15 (Reuters) - New Focus Auto Tech Holdings Ltd <0360.HK>::Zhang Jianxing has resigned as chief executive officer.Du Jinglei has been appointed as chairman.CFO Lin Ming has been appointed as chief executive officer.Zhang Jianxing has resigned as chairman of board.

Suzhou Jin Hong Shun Auto Parts to raise 561.28 mln yuan for Shanghai IPO

Monday, 11 Sep 2017 07:57pm EDT

Sept 12 (Reuters) - Suzhou Jin Hong Shun Auto Parts Co Ltd :Says it plans to issue 32 million shares at 17.54 yuan ($2.69) a share for Shanghai IPO.

New Focus Auto Tech notes rise in price & trading volume of shares

Monday, 11 Sep 2017 10:21am EDT

Sept 11 (Reuters) - New Focus Auto Tech Holdings Ltd <0360.HK>::Board has noted rise in price & trading volume of co's shares.Board also wishes to state that company is currently considering making certain changes to composition of board.Is considering certain transactions which may constitute notifiable transactions under chapter 14 of listing rules.As at 9 Sept, no definitive terms have been reached & no binding agreements been entered with any party for possible transactions.Application has been for resumption of trading with effect from 9:00 a.m. on 12 Sep, 2017.Save as disclosed, not aware of any reasons for such price & volume movements.

Bermaz Auto says qtrly net profit 20.2 mln RGT

Monday, 11 Sep 2017 05:45am EDT

Sept 11 (Reuters) - Bermaz Auto Bhd ::Qtrly revenue 391.2 million rgt versus 493.6 million rgt; qtrly net profit 20.2 million rgt versus 41.1 million rgt.

AutoNation CEO on CNBC says "probably lost 5-6 pct of inventory" in Houston

Friday, 8 Sep 2017 07:00am EDT

Sept 8 (Reuters) - :AutoNation CEO Mike Jackson on CNBC says "probably lost 5-6 percent of inventory" in Houston.AutoNation CEO Mike Jackson on CNBC says 35 locations in South Florida closed in preparation for hurricane Irma.

Shanghai Shenhua Holdings to sell car rental unit for 403 mln yuan

Friday, 8 Sep 2017 06:42am EDT

Sept 8 (Reuters) - Shanghai Shenhua Holdings Co Ltd <600653.SS> ::* Says it plans to sell 100 percent stake in car rental subsidiary to a golden cup car sales company of Brilliance Auto.* Transaction price is 403 million yuan .

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