April 25 (Reuters) - Basf Se :Says basf and argonne reach resolution with umicore over nmc patents infringement claims.Says basf and argonne national laboratory reached a business resolution of their pending patent disputes with umicore.Says umicore is now licensed to make, use, sell, offer to sell, distribute and import nickel-manganesecobalt (nmc) cathode material for lithium ion batteries in the united states under basf’s and argonne’s u.s. Patent nos. 6,677,082; 6,680,143; 7,135,252; and 7,468,223.Says basf and argonne are dismissing their pending action in the united states district court for the district of delaware against umicore.Says the parties are filing a petition for rescission of the existing limited exclusion order with the international trade commission (itc)..
April 25(Reuters) - Kingland Technology Co Ltd <000711.SZ>:Sees to swing to net profit at 80.0 million yuan to 120.0 million yuan in H1 of FY 2017 versus net loss at 13.0 million yuan year ago .Says strategic adjustment, business focus change and merger are the main reasons for the forecast .
April 17 (Reuters) - Kingland Technology Co Ltd <000711.SZ>: :* Sees net loss for Q1 2017 to be 25.0 million yuan to 37.5 million yuan, compared to net loss of the same period in 2016 (5.9 million yuan).* Comments that seasonal impacting, as well as increased expenses on new business and project development are the main reasons for the forecast.
Trius Investments Inc : Trius Investments Inc provides corporate update . Trius Investments-proceeding with request to tsx exchange for reclassification of business from tier ii industrial issuer to tier II investment issuer . Trius Investments - plans to focus on strategic investments in private, public real estate and investments in entities operating in health care sector .Trius Investments-planning on expanding board by 2 independent positions:corporate investment policy,corporate disclosure policy and code of conduct policy.
Focused Photonic Hangzhou Inc <300203.SZ> : Sees Q1 FY 2017 net profit to increase by 30 percent to 60 percent, or to be 13.1 million yuan to 16.1 million yuan . Says Q1 FY 2016 net profit was 10.1 million yuan .The reasons for the forecast are healthy development in environment business and contribution from subsidiary.
Phoslock Water Solutions Ltd : Reached agreement to significantly broaden its Chinese business and diversify its sales and earnings . Phk is forming a new wholly-owned subsidiary, Phoslock (Beijing) Environment Engineering Technology Co. Ltd . Phk is also making a placement of 30 million shares at 7 cents per share to china environmental corporation . In addition, cec will receive 30 million performance options on same terms as those issued to phoslock beijing executives .Phk will receive $2.1 million in two equal tranches on 10 may and 25 may, 2017.
Industrial Services Of America Inc : Industrial Services of America Inc announces 2016 operating results, conclusion of strategic review process and amended credit facility . Industrial Services of America Inc says on March 31, 2017, company entered into an amended credit facility With Midcap Business Credit LLC . Industrial Services Of America - board accepted special committee's recommendation to focus on returning core recycling business to profitability . Industrial Services of America Inc says amendedment extends maturity date of company's line of credit until February 28, 2020 . Industrial Services of America Inc - "also remain alert for possible strategic partnerships, joint ventures and mergers/acquisitions" .Industrial Services of America Inc says amendedment also increased line of credit from $6.0 million to $8.0 million.
Tianjin Motimo Membrane Technology Co Ltd <300334.SZ> :Says its shares to halt trade on March 30 pending asset restructuring plan.
Ef On Inc <9514.T> : Says it will sign a syndicated loan contract for 8 billion yen, with The Bank of Tokyo-Mitsubishi UFJ, Ltd as the arrangers, on March 31 . Says the valid period is from Aug. 1 to Dec. 30, 2019 .The proceeds will be used to construct wood biomass generation equipment and promote business.
Zhejiang Goldensea Environment Technology Co Ltd <603311.SS> : Says it signs letter of intent to sell 50.0 million shares in Gansu-based new materials firm .Says shares to resume trading on March 29.