Acasta Enterprises Inc and Acasta Capital Inc:Closes $350,000,000 initial public offering of Class A Restricted Voting Units.Grants underwriters an option to purchase up to an additional 5,250,000 Class A Restricted Voting Units, at a price of $10.00 each for additional gross proceeds of up to $52,500,000 for a period of 30 days following closing of the Offering.
Melrose Industries PLC:Says that it has entered into an agreement for the disposal of its Elster business to Honeywell International Inc. for a cash consideration of GBP3.3 billion.
Sintesi Societa di Investimenti e Partecipazioni SpA shareholders decide not to proceed with dissolution and liquidation of company
Sintesi Societa di Investimenti e Partecipazioni SpA:Says shareholders decide not to proceed with dissolution and liquidation of company.
First Mining Finance Corp:Says that it has been approved to commence trading as of today's date on the OTCQB trading platform under the symbol FFMGF.Says trading on the OTCQB will allow investors in the United States greater access to invest in the Company's shares.
China Financial Leasing Group Ltd:Expects results for H1 2015 are to record profit significantly higher than that of H1 2014.Expected profit due to the gain from securities trading and appreciation of the company's portfolio.
JM Global Holding Company:Priced its initial public offering of 5,000,000 units at $10.00 per unit.Each unit issued in the initial public offering consists of one share of the Company's common stock and one warrant to purchase one-half of one share of common stock at an exercise price of $5.75 per half share ($11.50 per full share).The units are expected to begin trading Friday, July 24, 2015, on the NASDAQ Capital Market under the symbol WYIGU.Once the securities comprising the units begin separate trading, the common stock and warrants are expected to be listed on the NASDAQ Capital Market under the symbols WYIG and WYIGW, respectively.The closing of the Company's initial public offering is expected to be consummated on or about July 29, 2015.Cantor Fitzgerald & Co. is acting as the sole underwriter for the offering.
Ascend Telecom Holdings Limited:Says the execution of a merger agreement for a business combination transaction.When transaction is consummated, Ascend Telecom Infrastructure Private Limited, an independent provider of passive telecominfrastructure for wireless telecom operators in India, will become an indirect wholly-owned subsidiary o fAscend Holdings;.ROI stockholders will exchange their shares of ROI common stock for ordinary shares of Ascend Holdings on a one-for-one basis.Pro forma enterprise value of the company is expected to be approximately $335 million at $10 per share.
AG Tokugawa:Proposes dividend of 1.00 euros per share for FY 2014.
Formcap Corp:Says as of July 20, Xianying Du has been appointed as president and director of the company.
Jolley Marketing Inc:Entered into an agreement with Middle East General Consulting Ltd (“MEGC”).Whereby company agreed to use its reasonable best efforts to provide target company for proposed merger or restructure of company which will culminate in a formal share exchange agreement, merger or restructure between company and target company, as provided by MEGC.During term of agreement, company may not use its efforts to solicit any potential target companies; however, if company is approached by potential target company and an offer is made, MEGC has right of first refusal to match offer and structure of a proposed merger or restructure of company.Says agreement expires Sept. 30.