Highways & Rail Tracks

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Pointer Telocation Ltd to fully acquire Pointer Recuperación de México

11:38am EDT

Pointer Telocation Ltd:Has entered into a definitive agreement with Pointer Recuperación de México S. de R.L. de C.V. to acquire 26 pct of the issued share capital of Pointer Recuperación de México, S.A. de C.V.Following the completion of the transaction Pointer will hold 100 pct of issued share capital of Pointer Mexico.In consideration for the 26% interest in Pointer Mexico, Pointer is issuing to seller an aggregate of 81,081 ordinary shares.

Redde PLC recommends final dividend

2:00am EDT

Redde PLC:Says that final dividend of 4.25 pence per share has been recommended by the Board (2014: 3.50 pence).Says it is an increase of 21.4 pct. This dividend, if approved at the Annual General Meeting to be held on Oct. 29, 2015.will be paid on Nov. 5, 2015 to those shareholders on the register at the close of business on Oct. 9, 2015.

Fitch Ratings reaffirms TPI Triunfo Participacoes e Investimentos SA rating

Wednesday, 2 Sep 2015 08:53am EDT

TPI Triunfo Participacoes e Investimentos SA:Says that Fitch Ratings has reaffirmed the company's long-term national rating at A+ (bra) and upgraded the company outlook from to stable from negative.

Jiangsu Expressway issues 2015 first tranche medium term notes

Monday, 31 Aug 2015 08:00pm EDT

Jiangsu Expressway Co Ltd:Issued 2015 first tranche medium term notes worth up to 2 bln yuan with a term of 5 years.Maturity date Aug. 25, 2020 and interest rate of 4.30 pct.

Jiangsu Expressway issues 2015 9th tranche short-term financing notes

Monday, 31 Aug 2015 08:00pm EDT

Jiangsu Expressway Co Ltd:Issued 9th tranche of short-term financing notes for 2015 worth 1 bln yuan, with a term of 270 days and interest rate of 3.29 pct.Issue price at 100 yuan per face value of 100 yuan and maturity date May 17, 2016.CITIC BANK served as main underwriter.

Zhejiang Expressway Co Ltd enters maintenance agreement

Monday, 31 Aug 2015 09:35am EDT

Zhejiang Expressway Co Ltd:Says company as vendor and Resources Co as purchaser entered into the Maintenance Co Agreement, pursuant to which the Company agreed to sell 100% of the equity interest held by the Company in Maintenance Co to Resources Co at the consideration of 38,342,600 yuan.Maintenance Co will no longer be a subsidiary of the Company upon completion of the Disposal.Company intends not to engage in high-grade road maintenance business.

TPI Triunfo Participacoes e Investimentos SA announces sale of stakes to China Three Gorges Brasil Energia

Tuesday, 25 Aug 2015 07:43am EDT

TPI Triunfo Participacoes e Investimentos SA:Says that it has signed a contract with China Three Gorges Brasil Energia Ltda to sell them the company's stake in Rio Verde Energia SA, Rio Canoas Energia SA and TNE - Triunfo Negocios de Energia.The payment will be divided in 3 parts: payment of 970 million Brazilian reais; debt assumption of both short and long term debt from 3 subsidiaries, totalling 770.4 million reais at end of Dec., 2014; and potential payment of 148.5 million reais, depending of the fulfillment of certain requirements.

PT Citra Marga Nusaphala Persada Tbk appoints new president commissioner and president director

Sunday, 23 Aug 2015 08:00pm EDT

PT Citra Marga Nusaphala Persada Tbk:Says it has appointed Muhammad Ali Reza as the new President Commissioner, replacing Amir Gunawan, effective Aug. 19.Says it has appointed Reza Herman Surjaningrat as the new President Director, replacing Danty Indriastuty Purnamasari, effective Aug. 19.

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