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MEISEI INDUSTRIAL Co Ltd Completes Dissolution of Subsidiary

Monday, 11 Mar 2013 02:30am EDT

MEISEI INDUSTRIAL Co Ltd announced that the dissolution of a Qatar-based 60%-owned subsidiary, MEISEI MIDDLE EAST W.L.L., which was engaged in thermal insulation business, has been completed on March 11, 2013.

Protasco Berhad Announces Striking Off Of Dormant Foreign Subsidiary

Friday, 8 Mar 2013 04:26am EST

Protasco Berhad announced that Protasco Enterprise SA (Pty) Ltd which is incorporated in South Africa and wholly owned by an existing subsidiary of Protasco Berhad, namely Protasco Trading Sdn Bhd, had been struck off from the register by the Companies Registry in South Africa following an application to strike off the dormant Company.

ASANUMA CORP Announces Outcome of Early Retirement Program; Expects Extraordinary Loss for FY 2013

Friday, 8 Mar 2013 02:00am EST

ASANUMA CORP announced that 94 employees took up the offer of the early retirement program, which was offered during the period from February 4, 2013 to February 28, 2013, disclosed on January 10, 2013. The Company is expecting an extraordinary loss of approximately 245 million, due to this development, for the fiscal year ending March 2013.

Grupo Soares da Costa SGPS SA Announces Merger Between Wholly Owned Subsidiaries

Friday, 1 Mar 2013 04:53am EST

Grupo Soares da Costa SGPS SA announced that on March 1, 2013 it made the final registration of the merger by incorporation of Construcoes Metalicas Socometal SA into Sociedade de Construcoes Soares da Costa SA. It also informs that for accounting purposes the effects of the merger go back to January 1, 2013. All these companies were, directly or indirectly, fully owned by the Company.

KOMAIHALTEC Inc Announces Details of Early-retirement Program

Tuesday, 26 Feb 2013 02:00am EST

KOMAIHALTEC Inc announced the details of early-retirement program disclosed on January 23, 2013. The Company expects approximately 50 employees who are above 35 years old, to take the offer, during the period from March 4, 2013 to March 8, 2013. The retirement date is March 31, 2013.

YIT Oyj's Board of Directors Approves Demerger Plan Concerning Partial Demerger; Company Announces Long-Term Loan Agreement, Revolving Credit Facility and Bridge Financing Agreement

Thursday, 21 Feb 2013 08:00am EST

YIT Oyj (YIT) announced that the Board of Directors of YIT has on February 21, 2013 approved a demerger plan concerning a partial demerger. According to the demerger plan, YIT will demerge so that all of the assets and liabilities related to YIT’s Building Systems business are transferred to a company to be established in the demerger named Caverion Corporation (Caverion). YIT’s Construction Services business will remain with YIT. The demerger will become effective when the Extraordinary General Meeting of YIT has approved the demerger and its implementation is recorded with the Finnish Trade Register. The planned registration date is June 30, 2013, after which the shares of Caverion will be admitted for public trading on Nasdaq OMX Helsinki Oy. Trading with Caverion shares is intended to commence as soon as possible after the implementation of the demerger. According to the demerger plan, YIT’s shareholders shall receive as demerger consideration one share in Caverion for each share owned in YIT. No action is required from the shareholders in relation to the receipt of the demerger consideration. The demerger requires financiers’ consent and re-arrangement of YIT’s financing. Such arrangements include a long-term loan agreement of EUR 140 million, a revolving credit facility of EUR 60 million and a bridge financing agreement of no more than EUR 67 million. YIT will continue negotiations with its financiers in order to finalize the financing arrangements.

RAITO KOGYO CO LTD to Merge with Wholly Owned Subsidiary

Tuesday, 5 Feb 2013 02:30am EST

RAITO KOGYO CO LTD announced that it has decided to merge with a wholly owned subsidiary, which is engaged in civil engineering business, effective April 1, 2013. The Company will become the surviving company and the subsidiary will be dissolved.

Toa Corp to Merge with Subsidiary

Monday, 28 Jan 2013 02:00am EST

Toa Corp announced that it has decided to merge with a wholly owned subsidiary, which has been engaged in real estate business in Tokyo, Japan, effective March 5, 2013. As a result, the subsidiary will be dissolved and the Company will be the surviving company.

NDS CO., LTD to Dissolve Subsidiary

Friday, 25 Jan 2013 01:10am EST

NDS CO., LTD announced that it has decided to dissolve a wholly owned subsidiary, which is engaged in electronic communication equipment business, on March 31, 2013. The liquidation is expected to be completed in July 2013.

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Analyst Research

Report Title Price
REDHALL GROUP - STILL GROWING
Provider: Edison Investment Research
$10.00
Buy
BILLINGTON HOLDINGS - UNDER PRESSURE
Provider: Edison Investment Research
$10.00
Buy
REDHALL GROUP - EXPERTISE & RELATIONSHIPS
Provider: Edison Investment Research
$10.00
Buy
REDHALL GROUP - EXPERTISE IN DEMAND
Provider: Edison Investment Research
$10.00
Buy
REDHALL GROUP - SOLID FULL YEAR RESULTS
Provider: Edison Investment Research
$10.00
Buy

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