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Kumkang Kind subsidiary to merge with Insandigichem

Thursday, 24 Jul 2014 10:48pm EDT

Kumkang Kind Co Ltd:Says its subsidiary to merge with Insandigichem, which is mainly engaged in manufacturing of acrylic tape, to improve operating efficency and create synergy.Says merger ratio of 1.0000000 : 0.0250839 between the subsidiary and Insandigichem.Says 19,555 new shares will be issued for the merger.Expected merger effective date of Oct. 1.The subsidiary will survive and Insandigichem will be dissolved after the merger.

Feore Ltd to acquire 100 pct. of Quangas Poly Ltd

Tuesday, 22 Jul 2014 08:00pm EDT

Feore Ltd:Says that it has entered into a binding memorandum of understanding with Gain Diligence Limited to acquire 100 pct. of Quangas Poly Ltd.Says this potentially could lead to the establishment of profitable oil production operations in the Kyrgyz Republic and other countries in Central Asia.In consideration for the acquisition FeOre will pay to the Seller up to $23 mln, with the final price to be adjusted according to an independent valuation of the Target Company.FeOre shall pay to the Seller a deposit of $10 mln, refundable in the event that, for whatever reason, the transaction does not complete.

SSAB receives acceptances from shareholders representing over 90% of Rautaruukki shares

Tuesday, 22 Jul 2014 11:35am EDT

SSAB AB:Says share exchange offer to Rautaruukki's shareholders has been accepted by shareholders representing more than 90 percent of Rautaruukki's shares.


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Provider: Bohai Securities Co.,Ltd.
Provider: Bohai Securities Co.,Ltd.
Provider: Bohai Securities Co.,Ltd.
Provider: Bohai Securities Co.,Ltd.
Provider: GlobalData

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