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Real Estate Development & Operations

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Harakosan completes liquidation of real-estate rental unit

Monday, 1 Aug 2016 02:24am EDT

Harakosan Co Ltd <8894.T> :Says it completes liquidation of its wholly owned Yamaguchi-based real-estate rental unit, on July 29.

Becker Milk Co says continues to review strategic alternatives

Thursday, 28 Jul 2016 01:55pm EDT

Becker Milk Co Ltd: Company continues to review its strategic alternatives .The Becker Milk Company Limited: 2016 annual financial results.

Investore Property says Countdown Store closures not expected to affect co

Wednesday, 27 Jul 2016 07:22pm EDT

Investore Property Ltd : countdown store closures not expected to affect Investore . Refers to the announcement made to the market on 25 July 2016 by Woolworths limited . Understands none of properties referred to by Woolworths in its release comprise any of 26 Countdown supermarkets owned by Investore .

Hispania to absorb Hispania Fides

Wednesday, 27 Jul 2016 12:48pm EDT

Hispania Activos Inmobiliarios SA :Says to merge with Hispania Fides SL, where it currently holds 90 percent.

Trigon Property Development to merge with wholly owned unit

Thursday, 21 Jul 2016 09:28am EDT

Trigon Property Development AS : Says Trigon Property Development (TPD) and OÜ VN Niidu Kinnisvara (VNK) executed a merger agreement . Says TPD is acquiring company and VNK is company being merged .Says merger is an intra-group merger and in course of latter, volume, content and nature of assets of group will not be altered.

Consolidated Tomoka announces conclusion of strategic review process

Wednesday, 20 Jul 2016 04:20pm EDT

Consolidated-Tomoka Land Co : Co, board intend to continue discussions with some interested parties who have indicated interest in certain of company's assets . Board determined that appropriate course of action at this time was to continue to pursue company's business plan . Intends to complete, by end of 2016, remaining $7.0 million of $10.0 million share repurchase program approved in late 2015 . Will implement a quarterly dividend effective in q3 of 2016 in place of present semi-annual dividend . To monetize all or a portion of its remaining commercial loan portfolio, which totaled approximately $24 million at June 30 . In active negotiations regarding potential transactions involving additional 1,000+ acres of land on west side of interstate 95 .Assuming closing of deals under contract, expects income property portfolio could grow by at least $100 million in next 12 months.

Xi'an Hongsheng Technology completes reorganization

Sunday, 10 Jul 2016 11:09pm EDT

Xi'an Hongsheng Technology Co., Ltd. <600817.SS>:Says it completes the debt pay off in its reorganization plan.

Wharf & i-CABLE make joint announcement on communication, media & entertainment segment<0004.HK><1097.HK>

Tuesday, 5 Jul 2016 09:42am EDT

Wharf Holdings Ltd <0004.HK>: Wharf has received a number of preliminary proposals in relation to its CME business from independent third parties . Emphasize that the strategic review is still in progress . Wharf intends to engage in exploratory discussions with the relevant third parties to clarify preliminary proposals . Has not formed any view about any of these preliminary proposals and has therefore not reached any commitment nor entered into any agreements . CME segment is operated under its wholly-owned subsidiary, Wharf Communications Limited ("WCL"), and includes primarily Wharf T&T Limited, WCL's wholly-owned subsidiary, and i-CABLE .

Greentown China updates on restructuring of Bluetown<3900.HK>

Sunday, 26 Jun 2016 06:26pm EDT

Greentown China Holdings Ltd <3900.HK>: Discloseable and connected transaction restructuring of bluetown <3900.HK> . Acquisition agreement, disposal agreement, Ningbo acquisition agreement and trademark assignment framework were entered into . Shareholders of bluetown propose to undergo restructuring of bluetown by way of demerging and continuing it into two entities . Co will acquire remaining equity interest in new bluetown from other shareholders, and through Greentown property, will dispose of its 35.4% interest in bluetown .

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