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Industrial Machinery & Equipment

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Gozde GSYO increases its stake in Makina Takim to 91.16 pct

10:00am EST

Gozde GSYO : Increases its stake in Makina Takim to 91.16 percent from 83.14 percent .Buys 16.0 million shares in Makina Takim capital increase at 1.0 lira ($0.2879) per share.

Glaston sells ProBend bending tempering line to Austria

8:10am EST

Glaston Oyj Abp : Glaston sells probend bending tempering line to Austria . Machine will be delivered to customer in summer 2017 . Has closed a significant deal with Glas Gasperlmair located in Austria .Order is booked in Glaston's Q4 2016 order book.

Haitian International Holdings enters machinery equipment purchase agreement with Haitian Precision

4:54am EST

Haitian International Holdings Ltd <1882.HK> : Haitian Plastics Machinery has entered into machinery equipment purchase agreement with Haitian Precision . Deal to purchase automatic processing line, cnc turning machines, machining centres and related equipment manufactured by haitian precision .Deal for for an aggregate consideration of approximately rmb41.73 million.

Takoma Q4 operating loss increases to EUR 350,000

2:00am EST

Takoma Oyj : Q4 revenue 1.9 million euros ($2.02 million) versus 3.1 million euros year ago . Q4 operating loss 350,000 euros versus loss 316,000 euros year ago . Provides no guidance on 2017 results .Proposes no dividend.

Shandong Weida Machinery sells entire 20 pct stake in robot firm

12:14am EST

Shandong Weida Machinery Co., Ltd.<002026.SZ>: Says it sold entire 20 percent stake in Kunshan-based robot firm to an individual .Says the selling price is 463,291.73 yuan.

Stora Enso to change reporting regarding growing trees

Thursday, 8 Dec 2016 07:08am EST

Stora Enso Oyj : Says Stora Enso is changing its reporting regarding costs related to growth of biological assets (i.e. Growing trees) starting from Q4 of 2016 . Says these costs will be excluded from operational EBITDA and presented as operational decrease in value of biological assets Further company coverage: [STERV.HE] (Helsinki Newsroom) ((news@reuters.fi; +358 9 6805 0244)).

Ken Holding receives administrative order, to pay 300,000 yuan penalty

Wednesday, 7 Dec 2016 11:03pm EST

Ken Holding Co., Ltd.<300126.SZ>: Says it received an administrative order from China Securities Regulatory Commission on Nov. 24, regarding false information disclosure .Says the co is required to pay a penalty of 300,000 yuan.

Hunan Zhongke Electric's share trade to halt from Dec 8 pending regulatory review

Wednesday, 7 Dec 2016 05:01am EST

Hunan Zhongke Electric Co Ltd <300035.SZ> :Says share trade to halt from December 8 pending regulatory review of its asset acquisition proposal.

Comet Group appoints René Lenggenhager as CEO as of May 2017

Wednesday, 7 Dec 2016 01:00am EST

Comet Holding AG : Comet Group announces CEO change for May 2017 . Ronald Fehlmann will leave Comet Group by end of April 2017 .René Lenggenhager appointed as new CEO of Comet Group as of May 2017.

Shenzhen Silver Basis Technology plans industrial investment fund with partners

Tuesday, 6 Dec 2016 02:40am EST

Shenzhen Silver Basis Technology Co., Ltd.<002786.SZ>: Says it plans to set up 300 million yuan worth industrial investment fund with partners .Says the co will invest 60 million yuan in the fund to acquire 20 percent stake in it.

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