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NIPPON FILCON CO LTD Raises Consolidated Full-year Forecast for FY 2013

2:00am EDT

NIPPON FILCON CO LTD announced that it has raised the consolidated full-year forecast for revenue from JPY 21,600 million to JPY 23,000 million, operating profit from JPY 600 million to JPY 650 million, ordinary profit from JPY 700 million to JPY 950 million, net profit from JPY 500 million to JPY 550 million and earning per share from JPY 22.59 to JPY 24.85 for the fiscal year ending November 30, 2013. The Company raised the consolidated full-year forecast due to favorable overseas performance and decreasing value of yen.

Systemair AB Acquires Sales Company Menerga GMBH In Austria

2:00am EDT

Systemair AB announced that it has signed an agreement to acquire Menerga GmbH in Austria who are a Menerga distributor.

Changshu Tianyin Electromechanical Co Ltd Announces FY 2013 H1 Net Profit Outlook

Monday, 1 Jul 2013 08:00pm EDT

Changshu Tianyin Electromechanical Co Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2013 to be RMB 52,025,200 to RMB 56,027,200, or to increase by 30% to 40%, compared to the net profit of the same period in FY 2012 (RMB 40,019,400). The Company cited the steady gross profit for products with independent intellectual property rights and increase in orders for main products as the main reasons for the forecast.

Changshu Tianyin Electromechanical Co Ltd Announces FY 2013 H1 Net Profit Outlook

Monday, 1 Jul 2013 08:00pm EDT

Changshu Tianyin Electromechanical Co Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2013 to be RMB 52,025,200 to RMB 56,027,200, or to increase by 30% to 40%, compared to the net profit of the same period in FY 2012 (RMB 40,019,400). The Company cited the steady gross profit for products with independent intellectual property rights and increase in orders for main products as the main reasons for the forecast.

Henan Ancai Hi-Tech Co Ltd Receives Subsidy

Monday, 1 Jul 2013 08:00pm EDT

Henan Ancai Hi-Tech Co Ltd announced that it has received a subsidy of RMB 10 million as technology innovation funds from Financial Bureau and Economic Development Bureau of Anyang High-tech Industry Development Zone on June 28, 2013.

NKT Holding A/S Completes Acquisition of Ericsson's Power Cable Business

Monday, 1 Jul 2013 08:06am EDT

NKT Holding A/S announced that the Company has completed the acquisition of Ericsson's power cable business. The transaction has been approved by relevant regulatory stakeholders.

Lifestyle Global Enterprise Inc to Acquire Stake in LIFESTYLE ENTERPRISE, INC.

Monday, 1 Jul 2013 06:36am EDT

Lifestyle Global Enterprise Inc announced that it will acquire 153,000 shares of LIFESTYLE ENTERPRISE, INC., a United State-based company, for USD 20 per share or USD 3.06 million in total from an individual. As a result, the Company will hold a 51% stake in LIFESTYLE ENTERPRISE, up from 0%.

Eve Energy Co Ltd Establishes Subsidiary

Monday, 1 Jul 2013 05:20am EDT

Eve Energy Co Ltd announced that it has established a wholly owned subsidiary in Hubei, China on July 4, 2012. The new subsidiary is engaged in the production and sale of lithium ion batteries, lithium batteries and lithium ion battery materials, electronic powder materials, new metal materials, non-metallic materials and other materials.

Partron Co Ltd to Merge with Subsidiaries

Monday, 1 Jul 2013 03:59am EDT

Partron Co Ltd announced that it will merge with three wholly owned subsidiaries, which are mainly engaged in the manufacturing of cellphone mike phone, radio frequency module development, as well as development of cellphone vibration motors, to improve operating efficiency. The expected merger effective dates are all September 9, 2013.

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