Air Freight & Courier Services

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Cogent Holdings Ltd appoints chief executive officer

Friday, 12 Dec 2014 04:42am EST

Cogent Holdings Ltd:Approved the appointment of Tan Min Cheow, Benson as chief executive officer of the company.

Chokhani Global Express Ltd announces changes in the composition of the board

Thursday, 11 Dec 2014 01:40am EST

Chokhani Global Express Ltd:Announces the appointment of Jagdish Prasad Chokhani as managing director and Keshri Nandan Bagla as chief financial officer effective Nov. 10.

Pme Group Ltd proposes change of auditor

Wednesday, 10 Dec 2014 05:36am EST

Pme Group Ltd:Says that SHINEWING (HK) CPA Ltd (SHINEWING) has resigned as the auditor of the company and subsidiaries (together, the Group) with effect from Dec. 10.Proposes to appoint HLB Hodgson Impey Cheng Limited (HLB) as the Group’s new auditor.

UTi Worldwide Inc reaffirms FY 2016 EBITDA guidance

Tuesday, 9 Dec 2014 08:00am EST

UTi Worldwide Inc:Reaffirms adjusted EBITDA target of $190 mln - 210 mln for FY 2016.FY 2016 EBITDA of $200 mln - Thomson Reuters I/B/E/S.

DX (Group) PLC announces acquisition of minority stake in Gnewt Cargo

Tuesday, 9 Dec 2014 02:00am EST

DX (Group) PLC:Acquires a 49.8 pct shareholding in Gnewt Cargo Ltd.For about 1.75 mln pounds in cash on completion.

Eric Kirchner Resigns as CEO of UTi Worldwide Inc; Edward Feitzinger named new CEO

Monday, 8 Dec 2014 11:30pm EST

UTi Worldwide Inc:Says that Eric W. Kirchner has resigned as Chief Executive Officer and as a member of the Board of Directors of the company.Says the Board has appointed Edward G. Feitzinger, as CEO of the company and elected him as a member of the board as a Class B director, effective immediately.

Plaspak Kimya Sanayi ve Ticaret AS cancels capital increase through bonus issue

Wednesday, 3 Dec 2014 02:19am EST

Plaspak Kimya Sanayi ve Ticaret AS:Announces that the company will apply to Capital Markets Board of Turkey to remove the planned capital increase through bonus share from the process.Says the company will apply for a new capital increase after Jan. 26, 2015.

CTT Correios de Portugal SA updates on Postal Bank activity

Thursday, 27 Nov 2014 12:42pm EST

CTT Correios de Portugal SA:Informs that the Bank of Portugal has decided to grant a 12- month extension to the period in which the Postal Bank can initiate its activity.Authorization for the launch of the Postal Bank is valid until Nov. 27, 2015.

bpost NV expected to submit binding bid in Compania Nationala Posta Romana SA privatization in Jan. 2015-Mediafax News Brief Service

Monday, 24 Nov 2014 07:00pm EST

Compania Nationala Posta Romana SA:Belgian bpost NV is expected to submit a binding bid for a 51 percent stake in Compania Nationala Posta Romana SA in Jan. 2015, Minster for Information Society Razvan Cotovelea said on Nov. 24-Mediafax News Brief Service.The minister had previously anticipated that bpost BV's bid might be submitted in March-April 2015.At the end of Sep., bpost NV was the sole bidder for a 51 percent stake Romania was seeking to sell in its Compania Nationala Posta Romana SA.Romania tried to privatize its loss-incurring Compania Nationala Posta Romana SA in 2014 but failed as no interested parties submitted any bids.In Sep., the government approved a plan to convert Compania Nationala Posta Romana SA's debt to the state into shares before putting it up for privatization again.The Belgian investor's bid will trigger the debt conversion operation.

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