Auto, Truck & Motorcycle Parts
Nikkei - :Two potential sponsors for Takata's rehabilitation plan are asking for court involvement in the process - Nikkei.
Jiangsu Pacific Precision Forging <300258.SZ>: Sees net profit for 2016 up 33.6 percent to 35.8 percent, or to be 187 million yuan to 190 million yuan .Says the net profit of 2015 was 139.9 million yuan.
THN Corp <019180.KS> : Says it will invest 4.66 billion won in China unit Shandong Sanzhen Electrics Co.,Ltd, to expand overseas production base . Says it will hold 100 percent stake in Shandong Sanzhen Electrics Co.,Ltd after the transaction .Expected transaction settlement date is Jan. 16, 2018.
Jiangsu Olive Sensors High-Tech Co Ltd <300507.SZ> :Says it signs agreement to buy 32 percent stake each in Schürholz GmbH, Schürholz Polska Sp z o.o., and Schürholz GmbH & Co. KG Stanztechnik for a combined 6 million euros ($6.36 million).
Ningbo Shuanglin Auto Parts Co Ltd <300100.SZ> : Says it plans to acquire Shanghai auto parts company for 465 million yuan ($67.44 million) via share issue, cash .Says it plans to raise up to 232.5 million yuan in share private placement to help fund acquisition.
NGK Spark Plug Co Ltd <5334.T>: Says Korea Fair Trade Commission ("KFTC") announced its decision to impose remedies and fines of 741 million Korean Won (about 72 million yen) against the co for agreeing in advance on prices and successful bidders in bids for automotive oxygen sensors .Says it has not received a formal and final notification from KFTC at this moment.
Hellaby Holdings Ltd
Takata Corp <7312.T> : Takata reaches settlement agreement with u.s. Department of justice . Takata corp - settlement fully resolves doj investigation into takata, all subsidiaries, affiliates, including takata's u.s. Subsidiary, tk holdings . Takata -co also agreed to enhance its corporate compliance program and appoint an independent monitor, who will report to doj for a period of 3 years .Says "takata deeply regrets circumstances that have led to this situation and remains fully committed to being part of solution".
Jico Co Ltd <010580.KS> :Says it changed acting CEO of the company to Cho Yong Seok from Uhm Eun Jong due to Uhm Eun Jong's resignation, effective Jan. 13.