Tires & Rubber Products
Xingda International Holdings Ltd <1899.HK> : Group is expected to record a significant increase in profit attributable to owners of company for year ended 31 December 2016 .Expected results due to an increase in annual sales volume.
Jiangyin Haida Rubber and Plastic Co Ltd <300320.SZ> : Says it plans to buy 100 percent stake in a foam machine firm .Says estimated acquisition price up to 10 million yuan.
Jiangyin Haida Rubber and Plastic Co Ltd <300320.SZ> : Says it plans to set up a new energy materials JV with partner . Says JV's registration capital is 20 million yuan .Says co will hold 55 percent stake in JV.
Cooper Tire & Rubber Co
Bridgestone Corp <5108.T>: Says it plans to buy back up to 50 million shares(6.4 percent stake) for no more than 150 billion yen . Says the repurchase period from Feb. 20 to Dec. 22 .Says the co to retire 20 million treasury shares and the same amount of the repurchased shares above, effective Jan. 19, 2018.
Vamshi Rubber Ltd
Kumho Tire Co Inc <073240.KS> : Says tire production at all domestic workplaces of the company has been suspended on Feb. 12 and Feb. 13, due to a strike .Says it expects to resume production from Feb. 14.
Sumitomo Rubber Industries Ltd <5110.T> : Says it completes acquisition of UK-based firm Micheldever Group Ltd on Feb. 10 (UK local time) .Previous plan was disclosed on Jan. 5.