Braas Monier : Board continues unanimously to reject the offer price of 25 euros ($28.00) per share . Standard industries published its offer document in relation to public takeover offer for all outstanding shares in Braas Monier Building Group S.A. for a cash consideration of 25 euros per share . Board of directors of Braas Monier continues unanimously to recommend to reject offer price of 25 euros per share because it contains no customary premium for control .Offer price is at a discount to Braas Monier closing price on 13 October 2016 of 26.26 euros.
LSI Industries Inc : LSI Industries Inc. announces closure of its lighting facility in Kansas City and consolidation of its technology facility in Beaverton, Oregon . Will record estimated restructuring costs totaling, in aggregate, between $1.1 million and $1.3 million over first, second and third fiscal quarters. . Company anticipates that closing will occur not later than December 31, 2016. . Expects closure of facility will result in annual net operating profit improvement and cost savings of about $1.4 million .Taken action to consolidate its small LSI controls facility in Beaverton, Oregon into other LSI facilities by about September 30, 2016..
Daiken Corp <7905.T> : Says it plans to merge with its wholly owned Toyama-based real estate leasing subsidiary, effective on Dec. 31 .Says the unit will be dissolved after the transaction.
Zhejiang Dragon Pipe Manufacturing Co Ltd <002619.SZ>:Says it plans to dissolve Cangzhou-based branch.
Guangdong Golden Glass Technologies Ltd <300093.SZ> :Says its shares to resume trading on Aug 11 after securities regulator rejects assets acquisition plan.
LG Hausys <108670.KS> Ltd.: Says it will merge with unit, Hausys Interpane, Ltd. . Says merger ratio of 1:0 between the co and the unit .Merger effective date of Nov. 1 and registered date of Nov. 4.
Dvarcioniu Keramika AB : To restructure the company . To increase authorized capital by 3.5 million euros ($3.89 million) .To set that authorized capital is being increased by issuing 6.0 million new shares with par value 0.58 euros each.
Home Center <060560.KQ> Co., Ltd: Says it will divest business ready-mixed concrete business into new wholly owned unit .Expected division effective date is Sept. 1.
Wuhu Conch Profiles and Science Co Ltd <000619.SZ>: Says Wuhu-based wholly owned new material subsidiary A has merged an Anhui-based wholly owned color printing subsidiary B .Says subsidiary B has been dissolved after merger.