Zhejiang Dragon Pipe Manufacturing Co Ltd <002619.SZ> : Says it plans to acquire two technology companies for a combined 1.7 billion yuan ($244.71 million) via cash, share issue .Says it plans to raise up to 1.0 billion yuan in private placement of shares to fund acquisition.
Beijing Hengtong Innovation Luxwood Technology Co Ltd <300374.SZ> :Says it scraps asset acquisition plan as concerning parties failed to reach agreement.
Viaan Industries Ltd :says approved sub-division of equity shares from face value of RS 10 per share to face value of RS 1 per share.
Sinopipe Holdings Ltd : has been negotiating with an interested investor in people's republic of china to restructure group's operations in prc .Updates on suspension of trading.
Masonite International Corp : Masonite International Corp says plan to close one manufacturing facility in architectural segment which is expected to improve cost structure . Masonite International Corp says closing manufacturing facility expected to be completed by end of q3 of 2017 . Masonite International Corp says total restructuring costs associated with restructuring plan are expected to be $4.8 million . Masonite International Corporation reports 2016 third quarter results . Q3 adjusted earnings per share $0.89 . Q3 earnings per share $1.03 . Q3 sales $489.6 million versus i/b/e/s view $498.8 million .Q3 earnings per share view $0.71 -- Thomson Reuters I/B/E/S.
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.