Auto Vehicles, Parts & Service Retailers

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Nextage Co Ltd to offer off-floor distribution of shares

2:30am EDT

Nextage Co Ltd:To offer an off-floor distribution of 500,000 shares on Tokyo Stock Exchange from Sep. 17 to Sep. 18.Offering price will be determined based on the closing share price of the day before the distribution.Says the limitation for purchase the distribution is up to 400 shares for each customer.

Zhejiang Material Industrial Zhongda Yuantong Group completes private placement

Thursday, 7 Aug 2014 08:00pm EDT

Zhejiang Material Industrial Zhongda Yuantong Group Co Ltd:Completed the issuance of 205,479,452 A shares at 7.30 yuan per share, through private placement to eight companies and one individual.The company raised 1,499,999,999.60 yuan in total through the private placement.Zhejiang Materials Industry Group Corporation's stake in the company was decreased to 30.62 pct (304,997,543 shares) down from 34.02 pct (268,901,652 shares).

Shanghai Shenhua Holdings announces private placement

Monday, 4 Aug 2014 08:00pm EDT

Shanghai Shenhua Holdings Co Ltd:To issue up to 200 mln A shares of its common stock through private placement, at 2.59 yuan per share, to Huachen Auto Group.To raise up to 518 million yuan in total.The proceeds raised will be used for bank loan repayment and supplement of working capital.

Nextage Co Ltd completes off-floor distribution

Wednesday, 30 Jul 2014 08:45pm EDT

Nextage Co Ltd:Completed an off-floor distribution of 250,000 shares of its stock at the price of 582 yen per share, on the Tokyo Stock Exchange on July 31.

Nextage Co Ltd to offer off-floor distribution of shares

Wednesday, 30 Jul 2014 03:00am EDT

Nextage Co Ltd:To offer an off-floor distribution of 250,000 shares of its stock at the price of 582 yen per share, on the Tokyo Stock Exchange on July 31.Says the limitation for purchase of the distribution is up to 300 shares for each customer.

Auto Italia Holdings Ltd proposes open offer of 1,729,726,130 offer shares

Sunday, 27 Jul 2014 06:31am EDT

Auto Italia Holdings Ltd:Proposes to raise approximately HK$112.4 million before expenses.By issuing 1,729,726,130 Offer Shares at the Price of HK$0.065 per Offer Share.On the basis of one Offer Share for every two existing Shares held on the Record Date.

Sinomach Automobile completes private placement

Monday, 21 Jul 2014 08:00pm EDT

Sinomach Automobile Co Ltd:Says it has completed the issuance of 52,385,761 A shares at 13.52 yuan per share, through private placement to China National Machinery Industry corporation.The company raised 236,085,166.67 yuan in total through the private placement.China National Machinery Industry corporation's stake in the company was increased to 65.37 pct (400,313,179 shares) up from 62.13 pct (347,927,418 shares).

Nextage Co Ltd to offer off-floor distribution of shares

Tuesday, 15 Jul 2014 02:00am EDT

Nextage Co Ltd:To offer an off-floor distribution of 250,000 shares on Tokyo Stock Exchange from July 31 to Aug. 1.Offering price will be determined based on the closing share price of the day before the distribution.Says the limitation for purchase the distribution is up to 300 shares for each customer.

AutoCanada Inc closes equity financing and secondary offering

Friday, 11 Jul 2014 09:27am EDT

AutoCanada Inc:Closes public offering of common shares.Issues 2,565,000 common shares from treasury at a price of $78.00 per share for gross proceeds of $200 million.Concurrently, Canada One Auto Group Ltd. and its subsidiaries sold, with the full exercise of the over-allotment option, an aggregate of 2,598,500 common shares at a price of $78.00 per share for gross proceeds of $203 mln.Says it will use the net proceeds of the treasury offering to reduce indebtedness under its revolving credit facility, which may subsequently be redrawn and applied as needed to fund future capital expenditures and for general corporate and working capital purposes.Says it did not receive any proceeds from the secondary offering.Offering was underwritten by a syndicate of underwriters led by RBC Capital Markets and Scotiabank and included Clarus Securities Inc., Canaccord Genuity Corp., Cormark Securities Inc., GMP Securities L.P., HSBC Securities (Canada) Inc. and CIBC World Markets Inc.

AutoCanada Inc announces $350 mln equity financing and secondary offering

Wednesday, 25 Jun 2014 03:26pm EDT

AutoCanada Inc:Entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and Scotiabank for the sale on a bought deal basis of 4,490,000 common shares of the company at $78.00 per common share.Secondary offering of 1,925,000 common shares by CAG and certain of its subsidiaries for gross proceeds of $150 million.Granted the Underwriters an over-allotment option to purchase up to 673,500 additional common shares from CAG and its subsidiaries.Says it will use the net proceeds of the Treasury Offering to reduce indebtedness under its revolving credit facility.

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