Industrial Conglomerates

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Wartsila establishes subsidiary to trade engine parts

Thursday, 9 Jul 2015 03:30am EDT

Wartsila Oyj Abp:Says has established a subsidiary to trade spare parts for classic 4-stroke Wartsila engines.Says Quantiparts operates from the Netherlands and serves customers in marine, locomotive and power plant industries worldwide.Says QuantiParts trades Original Engine Manufacturer spare parts for selected Wartsila medium- and high-speed 4-stroke engines, such as Deutz, Stork, Bolnes, Sulzer A/S, Poyaud, SACM and Crepelle.Says Quantiparts is fully owned by Wartsila and employs about 70 people in Zwolle (the Netherlands) and in France.

Equation Summit announces incorporation of a new company

Monday, 18 May 2015 05:09am EDT

Equation Summit:Says its wholly-owned subsidiary, Disa Digital Safety Pte Ltd, has incorporated a wholly-owned subsidiary in Cayman Islands.Says incorporation QuickCheck Group Limited was funded internally.

Industronics Bhd announces incorporation of wholly-owned subsidiary company in Hong Kong - Itronic Management Ltd

Monday, 16 Mar 2015 08:00pm EDT

Industronics Bhd:Had incorporated wholly-owned subsidiary in Hong Kong known as Itronic Management Ltd (ITRONIC) with paid-up capital of HK$10,000 divided into 10,000 ordinary shares of HK$1.00 each.Says intended principal activity of ITRONIC is to carry on hospitality management.Incorporation of ITRONIC is funded by internal resources and is not expected to have any material effects on earnings or net assets of company for FY ending 2015.

Texchem Resources Bhd announces incorporation of a sub-subsidiary, Lifeon Asia Sdn. Bhd

Wednesday, 11 Feb 2015 07:00pm EST

Texchem Resources Bhd:Says that Texchem Life Sciences Sdn. Bhd. (TLS), a wholly-owned subsidiary of Texchem-Pack Holdings (S) Ltd., an about 70.48 pct owned subsidiary of TRB, has incorporated a wholly-owned subsidiary known as Lifeon Asia Sdn. Bhd.Principal activity of Lifeon Asia is trading of medical devices.Authorised share capital of Lifeon Asia is 400,000 ringgit divided into 400,000 ordinary shares of one ringgit each.Issued and paid-up share capital of Lifeon Asia is two ringgit comprising two ordinary shares of one ringgit each.

Sime Darby Bhd announces incorporation of subsidiary

Thursday, 25 Dec 2014 07:00pm EST

Sime Darby Bhd:Says incorporation of Sime Darby Commodities Europe B.V. (SDCE) in The Netherlands on Dec.23, 2014.Says SDCE was incorporated as private company with limited liability.Says entire issued share capital of SDCE of Euro 100 was subscribed and is held by Sime Darby Netherlands B.V., an indirect wholly-owned subsidiary of Sime Darby.Says principal activities of SDCE are trading of crude palm oil and palm oil products, and performing feedstock procurement function.

Texchem Resources Bhd incorporates new subsidiary

Wednesday, 17 Dec 2014 07:00pm EST

Texchem Resources Bhd:Incorporates subsidiary, Texchem Restaurant Systems Sdn. Bhd.Principal activity of Texchem Restaurant Systems is investment holding.

Kuwait Syrian Holding Co KSC subsidiary establishes a new wholly-owned company

Monday, 15 Dec 2014 04:07am EST

Kuwait Syrian Holding Co KSC:Announces that its subsidiary, Al-Nasser Garden Holding Company, has established a new wholly-owned company in the name of "Al-Nasser Garden Real Estate Company" with a paid-up capital of 60,000 Kuwaiti dinars.

Alpek SAB de CV, unit of Alfa SAB, considers development of a cogeneration plant of $700 mln

Friday, 7 Nov 2014 02:53pm EST

Alpek SAB de CV:Considers development of a cogeneration energy-vapor plant in Altamira, Tamaulipas.Investment could reach a total of $700 million and capacity of 600 Megawatts.Alpek SAB de CV is a subsidiary of Alfa SAB de CV.

Aurelius AG opens new office in Madrid

Monday, 13 Oct 2014 01:30am EDT

Aurelius AG:Opens new office in Madrid.Says this office will manage group's activities across Spain and Portugal and investment team will cooperate closely with corporate headquarters in Munich.

Mitsubishi Electric Corp opens escalators and elevators QM Center

Wednesday, 1 Oct 2014 12:31am EDT

Mitsubishi Electric Corp:Announces that it has completed its Elevators and Escalators QM (Quality & Manufacturing) center to develop and test global models while nurturing related personnel skills and know-how.Says the facility, located at the company's Inazawa Works in Aichi Prefecture, Japan will begin operating commercially on Oct. 1.

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