Tires & Rubber Products

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NISHIKAWA RUBBER CO LTD to change investment ratio of sub-subsidiary

1:00am EDT

NISHIKAWA RUBBER CO LTD:To change investment ratio of sub-subsidiary NISHIKAWA COOPER MEXICO S.A. de C.V. to 100 pct from 80 pct on Nov. 11.Sub-subsidiary NISHIKAWA COOPER MEXICO S.A. de C.V. to change name into NISHIKAWA SEALING SYSTEMS MEXICO S.A. de C.V. on Nov. 1.

Sri Trang Agro-Industry PCL's subsidiary announces purchase of property

Wednesday, 29 Oct 2014 06:55am EDT

Sri Trang Agro-Industry PCL:To approve Sri Trang Rubber and Plantation Co Ltd, a wholly-owned subsidiary to purchase 47 plots of the land in the amount of 1,354 rai 2 ngan 24 square wah (541,824 square wah) together with the buildings including drip irrigation system on some part of land at Doi Tao distract, Changmai province.Value of the transaction was 60,000,000 Baht.

Halcyon Agri Corp Ltd announces satisfaction of conditions subsequent to acquisition of Hevea Kb Sdn. Bhd

Monday, 29 Sep 2014 06:01am EDT

Halcyon Agri Corp Ltd:Refers to the announcement made earlier, in relation to the acquisition of Hevea Kb Sdn. Bhd (F.K.A. CLS Sdn. Bhd.) (The CLS Acquisition).Says that further to the CLS Acquisition Announcements, the conditions subsequent to the CLS Acquisition have been fully satisfied.Says it has made payment of the remaining consideration of 10 mln Ringgit to the Vendors.Says payment was financed through internal resources of the Group.

Halcyon Agri Corp Ltd updates on proposed acquisition of entire issued and paid-up share capital of New Continent Enterprises

Thursday, 25 Sep 2014 05:10am EDT

Halcyon Agri Corp Ltd:Further to previous announcement , board enters into a sale and purchase agreement.SPa with Oei Hong Bie @ Ng Kim Tjing @ Hadi Widjaja and Hong Wan Company Limited (Hong Wan) (Vendors) for the acquisition of 41,000,000 ordinary shares.This representing the entire issued and paid up share capital of New Continent Enterprises (Private) Limited (NCE) by Company or its nominee.Assets of NCE Group that are subject of Proposed Acquisition shall consist of only the part of the business relating to the natural rubber industry (Acquired Business” and shall not include any business which is not part of Acquired Business.Completion of the Proposed Acquisition shall take place on Sept. 30 or any other date as may be agreed by company and Vendors in writing.

HRS Co Ltd amends settlement date of acquisition properties

Wednesday, 24 Sep 2014 01:55am EDT

HRS Co Ltd:Expected transaction settlement date of acquiring land measured 46,281 square meters in Pyeongtak City from U-CHANG CO.,LTD, to be June 30, 2015 instead of Dec. 2, 2014.Transaction amount of 15,400 million won.

Reclaim Industries Ltd executes share sale agreement to acquire Skills Connect

Monday, 22 Sep 2014 08:25pm EDT

Reclaim Industries Ltd:Says its has executed formal share sale agreement (SSA) to acquire 100 pct. of all rights and title in all issued capital Employment Management Systems Pty Ltd, 100 pct. owner of Skills Connect Pty Ltd.Transaction will include an equity raising of at least $2,000,000 to provide funding for the Skills Connect business and working capital for the company.Skills Connect is a company focused on IT solutions for the human resources industry.Says that it has agreed to acquire all issued capital of Employment Management Systems held by Skills Connect Shareholders in consideration for the company.Agreeing to issue to Skills Connect shareholders 400,000,000 consideration shares (pre-consolidation) pro rata to their respective shareholdings.Agreeing to issue following performance shares.10,000 Class A Performance Shares which convert to 350,000,000 fully paid ordinary shares (pre-consolidation) on Skills Connect achieving revenues of $2,750,000 by 28 May 2015 or Skills Connect being sold for not less than $150,000,000;.10,000 Class B Performance Shares which convert to 300,000,000 fully paid ordinary shares (pre-consolidation) on Skills Connect achieving revenues of $20,000,000 by 28 November 2015 or Skills Connect being sold for not less than $150,000,000.

Yokohama Rubber acquires Italian marine hose manufacturer from Parker Hannifin- Nikkan Kogyo Shimbun

Sunday, 21 Sep 2014 08:00pm EDT

Yokohama Rubber Co Ltd:Acquired the Italian marine hose manufacturing and sales company Parker MHP S.r.l. from Parker Hannifin- Nikkan Kogyo Shimbun.Transaction price not disclosed.The Italian company's name will be changed to Yokohama Industrial Products Italy S.r.l.

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