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Environmental Services & Equipment

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Asian Micro Holdings unit to embark on LNG business

Monday, 17 Oct 2016 06:26am EDT

Asian Micro Holdings Ltd :Unit will be embarking on liquefied natural gas and related business, starting from January 2017.

Perma-Fix announces LOI for certain proposed funding of its Perma-Fix Medical subsidiary

Friday, 14 Oct 2016 07:00am EDT

Perma-fix Environmental Services Inc : Says entered into LOI with private investor for purchase of $10 million of preferred shares in Perma-Fix Medical Corp .Says preferred shares of PF Corp would allow investor to own about 48.6 percent of co's issued and outstanding voting securities.

Kingland Technology unit to raise stake in aerospace technology firm to 51 pct

Friday, 14 Oct 2016 05:28am EDT

Kingland Technology Co Ltd <000711.SZ> :Says its wholly owned investment unit enters into agreement to inject capital in an aerospace technology firm and will hold 51 percent after two round capital injection.

Norway's Tomra to buy New Zealand's Compac for up to NZD 300 mln

Wednesday, 12 Oct 2016 12:11am EDT

Tomra Systems Asa : Acquires New Zealand sorting machine manufacturer Compac Holding Ltd for NZD 70 million ($50.11 million), free of cash and interest bearing debt . To pay the purchase price in cash, and the transaction will be financed through existing drawing rights . In addition to the initial purchase price, the sellers are entitled to an earn-out linked to the combined EBIT for the period July 2016 to June 2019 . The earn-out is capped at NZD 230m, which is reached at a combined EBIT for the three years' period of NZD 84m . If the combined EBIT during the period is below NZD 20m, no additional earn-out will be paid (somewhat dependent upon the distribution of EBIT between the three years) . will also provide an interim funding to Compac of NZD 10m. This is to be deducted from the purchase price at closing . Closing of transaction is expected to take place during 1q 2017 subject to approval by new zealand overseas investment office . With year-end in June 2016, Compac generated an EBITDA of NZD 3 million on total revenue of NZD 152 million . Compac is a New Zealand-based provider of post-harvest solutions and services to the global fresh produce industry. The company designs, manufactures, sells and services packhouse automation systems that sort fresh produce based on weight, size, shape, colour, surface blemishes and internal quality.

Shodensya to fully buy Tokyo energy firm via stock swap

Thursday, 6 Oct 2016 05:09am EDT

Shodensya Co Ltd<1711.T>: Says it plans to fully buy a Tokyo-based firm, which is engaged in renewable energy business and energy-saving business, via stock swap . Says one share of the energy firm will be exchanged into 590 shares of the co .Says the acquisition effective on Oct. 27.

Metech International signs deal to issue non-convertible bonds for S$2 mln

Tuesday, 4 Oct 2016 06:55am EDT

Metech International Ltd : Deal to issue non-convertible bonds for a sum of s$2 million .On 30 september 2016 entered into a term sheet agreement with a crowdfunding platform.

Sasakura Engineering to buy 50 pct stake in ALQ Environment Engineering

Thursday, 29 Sep 2016 03:26am EDT

Sasakura Engineering Co Ltd <6303.T> : Says it plans to buy 50 percent stake of shares in ALQ Environment Engineering, at an undisclosed price, on Oct. 1 .Says co will hold 50 percent stake in ALQ Environment Engineering up from 0 percent.

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