Passenger Transportation, Ground & Sea

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Shinki Bus to spin off amusement center business

Friday, 23 May 2014 04:00am EDT

Shinki Bus Co Ltd:To transfer amusement center business to a wholly owned subsidiary, which will be established in August in Himeji, Japan, in August.To sell all the 1,000 shares (100 pct stake) in the new subsidiary to a Japan-based company, which is engaged in steel and nonferrous metal processing and waste recycling business in Himeji, in August.Transaction price was not determined.

Kintetsu Corp to transfer to holding company structure

Tuesday, 13 May 2014 02:00am EDT

Kintetsu Corp:To transfer to holding company structure on April 1, 2015.To transfer its railway business, highline business and tourist attraction business to a wholly owned subsidiary which was set up on April 30.To transfer real estate business to KINTETSU REAL ESTATE, in which the company holds a 99.01 pct stake.To fully acquire KINTETSU REAL ESTATE before effective date of reorganization.To transfer hotel business and inn business to a wholly owned subsidiary engaged in hotel business.To transfer logistics business to wholly owned subsidiary Kintetsu Retail Service.Transactions effective April 1, 2015.

Comfortdelgro Corporation Ltd announces striking-off of dormant subsidiaries

Thursday, 27 Mar 2014 06:01am EDT

Comfortdelgro Corporation Ltd:Metroline Profit Sharing Trustee Limited and Metroline Nominees Limited dormant subsidiaries have been struck-of.

Kintetsu Corp to transfer stake in companies to subsidiary

Tuesday, 25 Feb 2014 01:00am EST

Kintetsu Corp:To transfer 39.3 pct stake, 46.5 pct stake and 65.9 pct stake in three companies to the company's wholly owned subsidiary Keihanna Bus Holdings Co Ltd, effective April 1, in exchange for 80 shares of Keihanna Bus Holdings.

Kintetsu Corp announces transition to holding company structure

Tuesday, 25 Feb 2014 01:00am EST

Kintetsu Corp:To restructure into a holding company, effective April 1, 2015.Involves transfer of railway and living related businesses to wholly owned subsidiaries.

Franchise Services of North America Inc's subsidiary announces closure of 30 locations of Advantage Rent a Car

Friday, 24 Jan 2014 10:46am EST

Franchise Services of North America Inc:Says its wholly-owned subsidiary, Simply Wheelz LLC, which does business as Advantage Rent a Car, has determined to cease operations at 30 Advantage locations effective Jan. 24, 2014.Says Advantage has reached an agreement with Dollar Rent A Car whereby Dollar Rent A Car has agreed to provide car rental services to those customers who hold active Advantage reservations at all closed locations beginning Jan. 24, 2014.

East Japan Railway Co to transfer business to wholly owned subsidiary

Wednesday, 18 Dec 2013 01:00am EST

East Japan Railway Co:Says it has decided to transfer its train manufacturing business in the Niitsu Rolling Stock Plant to a wholly owned subsidiary effective Apr. 1, 2014.

Rossiyskiye zheleznye dorogi OAO Merges Media Assets-Interfax

Thursday, 3 Oct 2013 06:21am EDT

Interfax reported that Rossiyskiye zheleznye dorogi OAO (RZHD) is merging its media assets at a publishing house on the basis of the newspaper Gudok. OJSC Gudok Newspaper has been restructured into OJSC Gudok Publishing House. Affiliated structures now include LLC RZD Television. The SPARK Interfax database shows that the company was registered at the end of September 2013 and is a wholly owned subsidiary of Gudka. RZD told Interfax that it was consolidating its media assets at Gudok Publishing House in order to strengthen internal communications. The consolidation will lead to more efficient use of the holding's media resources, a spokesman said. Apart from RZD-TV and Gudka, the publishing house will include 15 regional railway newspapers. Gudok already manages these publications along with Gudok-1520 and the magazine Pult Upravleniya.

Mai Linh Corp in Northern Central to Dissolve Subsidiary

Tuesday, 10 Sep 2013 02:57am EDT

Mai Linh Corp in Northern Central announced that it will dissolve its wholly owned subsidiary, Arabica Mai Linh Coffee One Member Company Limited, located in Quang Tri Province, due to ineffective operations.


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