Industrial Conglomerates

Page 3

Ihi Corp to merge with subsidiary

Monday, 25 Nov 2013 02:00am EST

Ihi Corp:Says to merge with its wholly owned subsidiary, IHI METALTECH CO., LTD., effective Jan.1, 2014.Says IHI METALTECH will be dissolved after the merger.Says IHI METALTECH is engaged in the manufacturing and sale of iron and nonmetal manufacturing and processing equipments.

Hitachi Ltd announces restructuring plan

Monday, 25 Nov 2013 01:00am EST

Hitachi Ltd:Says it will transfer security system development, production and design business as well as printed circuit production business of the company and two group companies to Hitachi Information & Control Solutions, Ltd., on Apr.1, 2014.Says Hitachi Information & Control Solutions will merge with Hitachi Advanced Digital, Inc. and Ibaraki Hitachi Information Service Co.,Ltd.Says it will transfer its domestic air-conditioner business to a wholly owned subsidiary Hitachi Plant Services Co.,Ltd., on Apr.1, 2014.

Toshiba Corp to Change Effective Date of Visual Products Business Reformation

Thursday, 14 Nov 2013 01:00am EST

Toshiba Corp announced that it has decided to postpone the effective date of the visual products business reformation from March 1, 2014 to April 1, 2014. The detailed plan was previously disclosed on September 30, 2013.

Hitachi Ltd to Transfer Business to Wholly Owned Subsidiary

Wednesday, 23 Oct 2013 02:00am EDT

Hitachi Ltd announced that it has decided to transfer its domestic elevator business to a wholly owned subsidiary, Hitachi Building Systems Co., Ltd, effective April 1, 2014.

Toshiba Corp to Implement Reforms in Visual Products Business

Monday, 30 Sep 2013 12:30am EDT

Toshiba Corp announced that it will separate the visual products business from its in-house Digital Products & Services Company and merge it with Toshiba Home Appliances Corporation, a consolidated subsidiary that oversees the home appliances business, effective March 1, 2014. Toshiba plans to change the name of Toshiba Home Appliances Corporation into Toshiba Consumer Electronics Corporation (provisional name) after the reorganization.

Weida (M) Bhd Announces Voluntary Winding Up Of Subsidiary

Friday, 27 Sep 2013 05:09am EDT

Weida (M) Bhd announced that Weidaya Sdn. Bhd a 70% owned subsidiary of the Company, had on September 27, 2013 held an Extraordinary General Meeting at which it was resolved that WDSB be wound-up voluntarily pursuant to Section 254(1)(b) of the Companies Act, 1965. Mr. Teo Kin Mia of Messrs. Moore Stephens TNT has been appointed as the Liquidator for the purpose of the voluntary winding-up of WDSB.

Mitsubishi Materials Corp to Merge with Subsidiary

Wednesday, 25 Sep 2013 02:00am EDT

Mitsubishi Materials Corp announced that it has decided to merge with a wholly owned subsidiary, a Tokyo-based company which sells metal processing tools, effective April 1, 2014. After the transaction, the Company will be the surviving company and the subsidiary will be dissolved.

Toshiba Corp to Merge with Subsidiary

Thursday, 19 Sep 2013 02:00am EDT

Toshiba Corp announced that it has decided to merge with a wholly owned subsidiary, which is engaged in management of home appliance group companies, effective January 1, 2014. The Company will be the surviving company and the subsidiary will be dissolved.

Sime Darby Berhad Announces Deregistration of Hainan Sime Darby Motor Service Enterprises Co., Ltd

Monday, 16 Sep 2013 08:00pm EDT

Sime Darby Berhad announced that pursuant to an application for voluntary deregistration on September 13, 2010 made by Hainan Sime Darby Motor Service Enterprises Co., Ltd. (HNSD), an indirect wholly-owned subsidiary of Sime Darby, HNSD was subsequently deregistered on September 12, 2013. The notification of voluntary deregistration issued by the Industrial and Commercial Administration Bureau of Hainan Province, China, was received by Sime Darby Management Services Limited, an indirect wholly-owned subsidiary of Sime Darby, on September 13, 2013. The voluntary deregistration of HNSD is not expected to have a material effect on the earnings or net assets of the Sime Darby Group for the financial year ending 30 June 2014. None of the Directors or substantial shareholders of Sime Darby or persons connected to them has any interest, direct or indirect, in the said deregistration.

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