Auto, Truck & Motorcycle Parts

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THN Corp to fully acquire subsidiary in Philippines

Friday, 7 Nov 2014 02:11am EST

THN Corp:To fully acquire subsidiary, THN AUTOPARTS PHILIPPINES INC, based in Philippines.Subsidiary is capitalized at 1,990,960,000 won and engaged in manufacturing of auto parts.Transaction amount of 1,044,040,000 won.Transaction settlement date of Nov. 6, 2015.

Hiroca Holdings Ltd subsidiary to invest in Hirotai Automotive Trim S.A. de C.V.

Thursday, 6 Nov 2014 02:04am EST

Hiroca Holdings Ltd:A subsidiary to acquire 13,440,000 shares (56 pct) of Hirotai Automotive Trim S.A. de C.V. at price of $1 per share with amount of $13,440,000.

Mahindra Composites Ltd updates on scheme of amalgamation with Mahindra CIE Automotive Ltd

Monday, 3 Nov 2014 03:54am EST

Mahindra Composites Ltd:Says the Hon'ble Bombay High Court has sanctioned the scheme of amalgamation between the company and Mahindra CIE Automotive Ltd and their respective shareholders and creditors on Oct. 31.

Mahindra Ugine Steel Co Ltd updates on scheme of amalgamation with Mahindra CIE Automotive Ltd and other companies

Monday, 3 Nov 2014 03:40am EST

Mahindra Ugine Steel Co Ltd:Says Hon’ble Bombay High Court sanctioned scheme of amalgamation of Mahindra Hinoday Industries, the company, Mahindra Gears International, Mahindra Investments (India) pvt, Participaciones Internacionales Autometal Tres SL and Mahindra CIE Automotive and respective shareholders and creditors.

Growthpoint Properties announces settlement of sale of 42-44 garden street to ARB Corporation

Thursday, 30 Oct 2014 11:39pm EDT

Growthpoint Properties Australia Ltd:Confirms that settlement of the sale of its industrial property at 42-44 Garden Street, Kilsyth, Victoria to the current tenant, ARB Corporation occurred today.Says the sale price was $19.0 million, $225,000 above the book value of $18.75 million.

WEDS CO LTD to acquire stake in TOKYO SHARIN

Thursday, 30 Oct 2014 03:30am EDT

WEDS CO LTD:Says planned to acquire majority stake in TOKYO SHARIN, which based in Tokyo and has been engaged in automobile wheel wholesale, from its chairman.Says hold no stake in TOKYO SHARIN before transaction.Details to be decided.

Huazhong Holdings Co Ltd connected transactions in relation to acquisition of properties

Friday, 24 Oct 2014 05:36am EDT

Huazhong Holdings Co Ltd:Says Ningbo Huazhong Plastic, subsidiary entered into sale and purchase agreement I with Ningbo Huayou Properties.Pursuant to which Ningbo Huayou properties agreed to sell and Ningbo Huazhong Plastic agreed to purchase office units I at consideration of 29,269,458 Yuan.In addition Changchun Huateng, subsidiary , entered into the sale and purchase agreement II with Changchun Huayou properties.Pursuant to which Changchun Huayou properties agreed to sell and Changchun Huateng agreed to purchase the Office Units II at a consideration of 10,280,800 Yuan.

Jinheng Automotive Safety Technology Holdings Ltd's subsidiary announces memorandum of understanding in respect of possible acquisition of vehicles

Wednesday, 22 Oct 2014 10:37am EDT

Jinheng Automotive Safety Technology Holdings Ltd's subsidiary:Enters into nonlegally binding Memorandum with the Seller in relation to the Possible Acquisition of the Vehicles.Vehicles comprise 18 classic and/or premium cars, which are legally and beneficially owned by the Seller as the date of this announcement.Under the Memorandum, the Seller shall as legal and beneficial owner sell and the Buyer shall purchase the Vehicles free from all Encumbrances as at Completion.Says Consideration will be subject to further negotiation between the parties thereto, which is intended to be in an aggregate sum of not exceeding HK$65,000,000 and to be settled by the Buyer by way of cash.

DAYOU AUTOMOTIVE SEAT TECHNOLOGY amends stake acquisition plan

Friday, 17 Oct 2014 12:30am EDT

DAYOU AUTOMOTIVE SEAT TECHNOLOGY Co LTD:To acquire 8,140,000 shares instead of 9,440,000 shares of Korea-based company (target company), which is engaged manufacturing of refrigeration equipment.Transaction amount of 40,700 mln won.Expected transaction settlement date of Oct. 31.To hold 89.06 pct stake (8,140,000 shares) in the target company, after the transaction.

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