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R&I affirms Mitsubishi Electric's rating at "AA-" and says stable outlook-R&I

Tuesday, 18 Apr 2017 02:33am EDT

April 18 (Reuters) - Mitsubishi Electric Corp <6503.T>:* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "AA-"-R&I.* Rating outlook stable-R&I.

Sime Darby invites tender for repurchase of $400 mln Sukuk due 2018

Tuesday, 18 Apr 2017 02:29am EDT

April 18 (Reuters) - Sime Darby Bhd :Invites tender for repurchase of U.S.$400 million Sukuk due 2018 issued under $1.50 billion multi-currency Sukuk issuance programme of Sime Darby Global.Announces consent solicitation to seek consent to substitution of Sime Darby Plantation in place of co in its capacities in respect of 2018 Sukuk.Co will pay, on settlement in relation to 2018 Sukuk, a cash purchase price equal to 98 per cent of the face amount of the 2018 Sukuk.

Tepco, Toshiba to manage power grids in Cambodia - Nikkei

Monday, 17 Apr 2017 05:11pm EDT

April 18 (Reuters) - Nikkei : :T.T. Network Infrastructure Japan, a jv between Tepco and Toshiba, has signed a mou with a Malaysian company handling power transmission in Cambodia - Nikkei.Venture will operate and maintain 130km of 230,000-volt transmission lines that will connect power plants in northern cambodia to the capital, phnom penh - Nikkei.The order, valued at roughly 1.6 billion yen ($14.7 million), includes maintenance of two substations as well as training costs for workers - Nikkei.

Dupont CEO Edward Breen's fy 2016 total compensation was $11 mln

Friday, 14 Apr 2017 09:54am EDT

Dupont : CEO Edward Breen's fy 2016 total compensation was $11.0 million versus $10.2 million in fy 2015 - sec filing .CFO Nicholas Fanandakis's fy 2016 total compensation $5.6 million versus $4.1 million in fy 2015.

Toshiba auditor faces probe over earnings dispute- Nikkei

Thursday, 13 Apr 2017 03:40pm EDT

Nikkei :Audit review committee of Japanese Institute Of Certified Public Accountants to look into PwC Aarata's auditing process after it declined to certify Toshiba's 9 months results- Nikkei.

FIH says Dolphin Fund has decided not to proced with an offer for FIH at this time

Thursday, 13 Apr 2017 01:43pm EDT

FIH Group Plc : update on possible offer for FIH Group Plc . in regard to the Dolphin Fund request it is relevant that ordinance being referred to in that letter is in process of being revised . takeover panel have confirmed that no extension of timetable is possible without consent of fih .Dolphin has decided not to proceed with an offer for FIH at this time.

Egypt's Arabiyya Istithmaraat posts FY profit

Thursday, 13 Apr 2017 04:27am EDT

Arabia Investments Development Financial Investments Holding Co Sae : FY consol net profit EGP 27.6 million versus net loss of EGP 7 million year ago . FY revenue EGP 1.47 billion versus EGP 1.40 billion year ago Source: (http://bit.ly/2o85nhA) Further company coverage: [AIND.CA] ((Bangalore.newsroom@thomsonreuters.com;)).

TSMC says it ruled out participating in bid for Toshiba chip business

Thursday, 13 Apr 2017 04:09am EDT

Taiwan Semiconductor Manufacturing Co <2330.TW> : Says it ruled out participating in bid for Toshiba chip business Further company coverage: [2330.TW] (Reporting by J.R. Wu) ((jr.wu@thomsonreuters.com;)).

Russia's MTS recommends 2016 dividend payment of 15.6 roubles/share

Wednesday, 12 Apr 2017 09:45am EDT

Russia's biggest mobile phone operator Mobile TeleSystems (MTS) : Says its Board of Directors recommended dividend payment of 15.6 roubles per share (31.2 roubles per ADR) for 2016; . The company's 2015 dividend payment was at 14.01 roubles per share. Further company coverage: [MTSS.MM] (Reporting by Moscow Newsroom) ((Polina.Devitt@thomsonreuters.com;)).

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