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Fomento de Construcciones y Contratas SA Sells 49% Stake In Czech Water Business To Mitsui & Co Ltd-Reuters

3:06am EDT

Reuters reported that Fomento de Construcciones y Contratas SA (FCC) announced that it has sold a 49% stake in its Czech water business SmVak to Mitsui & Co Ltd for EUR 97 million (USD 126.44 million).

Sunny Loan Top Co Ltd to Sell Stake in Subsidiary

Monday, 1 Jul 2013 08:00pm EDT

Sunny Loan Top Co Ltd announced that it will sell a 65% stake in a Shangrao-based property subsidiary for RMB 61,750,000 to a Shangrao-based property development company, through listing on equity exchange. As a result, the Company will hold no stake in the subsidiary.

RESORTTRUST INC Establishes Joint Venture with Mitsui & Co Ltd

Thursday, 27 Jun 2013 02:30am EDT

RESORTTRUST INC announced that it has establish a joint venture with Mitsui & Co Ltd on June 27, 2013, for cooperation in medical and healthcare information technology (IT) area. A subsidiary of RESORTTRUST holds a 51% stake and Mitsui & Co Ltd holds a 49% stake in the joint venture respectively.

Bingo Group Holdings Ltd Comments On FY 2013 Profit Guidance

Thursday, 27 Jun 2013 12:20am EDT

Bingo Group Holdings Ltd announced that, based on information currently available, the unaudited annual results of the Company for fiscal 2013, is expected to record a profit as compared to a loss for fiscal 2012. Based on the preliminary review on the unaudited management accounts of the Company, the net profit of the Company is attributable to, among others, (i) the recognition of revenue and contribution from a Chinese language motion picture titled 'Journey to the West: Conquering the Demons' and theatre operation during fiscal 2013; (ii) the decrease in share-based payments during fiscal 2013; and (iii) the loss on capitalisation on convertible bonds incurred during fiscal 2012.

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