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Shanghai Qiangsheng Holding Co Ltd's Subsidiary to Set up Subsidiary

Friday, 28 Jun 2013 08:00pm EDT

Shanghai Qiangsheng Holding Co Ltd announced that its wholly owned subsidiary, a Shanghai-based automobile repair company, will invest RMB 3 million to set up a wholly owned subsidiary. The new entity will be engaged in the motor vehicle repair, sales of auto parts and car care equipment, as well as provision of technical advisory.

Hurtigruten ASA Establishes New Subsidiary in Kirkenes

Friday, 24 May 2013 03:12am EDT

Hurtigruten ASA announced that a wholly-owned subsidiary of Hurtigruten ASA will be established in Kirkenes. This will be a crew center that will provide support for shipping management, particularly with regard to recruiting and training crew. All maritime staff will be employed in the new company, and it is intended that the new company will have tasks connected with managing ship charter traffic and also support Hurtigruten's product and marketing organization in developing marketing potential in the northern regions. Some functions that are currently managed in Tromso will be transferred to Kirkenes. The employee unions have been involved in the process and they stand behind the decision.

Fujian Longzhou Transportation Co Ltd to Set up Subsidiary

Thursday, 16 May 2013 08:00pm EDT

Fujian Longzhou Transportation Co Ltd announced that it will invest RMB 50 million to set up a wholly owned subsidiary, which will be engaged in insurance and reinsurance agency business in Longyan.

Penguin International Ltd's Subsidiary Setting Up Of Wholly Owned Subsidiary

Monday, 22 Apr 2013 05:07am EDT

Penguin International Ltd announced that it has set up POS Glow Pte. Ltd. a wholly owned subsidiary in Singapore. The Subsidiary is held through Pelican Offshore Worldwide Pte. Ltd., a wholly owned subsidiary of the Company. The Initial Issued Share Capital is SGD10,000 and the Principal Activity Operate as an owner-operator of crewboats.

Southwest Securities Co Ltd Establishes New Subsidiary

Wednesday, 17 Apr 2013 08:00pm EDT

Southwest Securities Co Ltd announced that it has established a wholly owned subsidiary, which will be engaged in finance product investment business, based in Chongqing, with a registered capital of RMB 600 million.

Viking Line Abp Takes Delivery of M/S Viking Grace

Thursday, 10 Jan 2013 08:00am EST

Viking Line Abp announced that it has on January 10, 2013 taken delivery of the M/S Viking Grace from STX Finland Oy. The ship was ordered on December 22, 2010 and built in Abo. The Company's total investment in the project is approximately EUR 240 million, including port investment. The Company's net investment in the vessel Viking Grace is over EUR 224 million, taking into account the 'Owners Supply' which is beyond the shipbuilding contract and minus environmental grant of EUR 28 million. The service begins on January 15, 2013. The length of the vessel is 218 meters, width is 31.8 meters and speed is 22 knots. The vessel's passenger capacity is 2,800 people and 880 cabins.

SMRT Corporation Ltd's Subsidiary Announces Incorporation Of Wholly Owned Subsidiary

Friday, 5 Oct 2012 05:17am EDT

SMRT Corporation Ltd announced that SMRT Investments Pte. Ltd. a wholly owned subsidiary of the Company, had incorporated a wholly owned subsidiary, SMRT Alpha Pte. Ltd. SMRT Alpha is a private company incorporated in Singapore limited by shares, and has an initial issued and paid-up capital of SGD2.00, comprising two ordinary shares held by SMRT Investments. The principal business activities of SMRT Alpha involve real estate management activities.

Liepajas autobusu parks AS Establishes Daughter Company SIA Rumba Tours

Tuesday, 2 Oct 2012 08:59am EDT

Liepajas autobusu parks AS announced that on September 28, 2012, a transportation service provider company SIA Rumba Tours owned by Liepajas autobusu parks AS has been registered with the Register of Enterprises of the Republic of Latvia. The new company has been established due to carrying out the strategic development plan adopted by the Board of Liepajas autobusu parks AS in May 2012. The main activity of SIA Rumba Tours is the renting of busses and microbuses for irregular passenger and tourism transportation by offering busses of various comfort levels in line with client’s wishes. SIA Rumba Tours will cooperate with companies and organizations, private persons as well as tourism service providers both in Latvia and abroad. An investment of LVL 100,000 has been made into SIA Rumba Tours that has been covered by own funds. The invested funds will be used to start the operations as well as to prepare for the next year’s tourism season. Soon, part of the funds will be used to buy the first busses.

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ROTALA - DRIVING GROWTH
Provider: Edison Investment Research
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