Tires & Rubber Products

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Cheng Shin Rubber Ind. subsidiary to acquire using right of land

Friday, 6 Feb 2015 01:18am EST

Cheng Shin Rubber Ind. Co Ltd:A Indonesia-based subsidiary of the company to acquire using right of land in Greenland International Industrial Center at T$1,488,622,600 from PT. PURADELTA LESTARI, Tbk.

Cheng Shin Rubber Ind. subsidiary to acquire land

Friday, 23 Jan 2015 12:55am EST

Cheng Shin Rubber Ind. Co Ltd:An Indonesia-based subsidiary to acquire land of 350,036 square meters in Greenland International Industrial Center at $47,254,860 from PT. PURADELTA LESTARI,Tbk.

Sumitomo Rubber Industries to acquire Lonstroff Holding AG from BV Holding AG

Wednesday, 7 Jan 2015 07:00pm EST

Sumitomo Rubber Industries Ltd:To acquire Lonstroff Holding AG from BV Holding AG for 44 mln Swiss francs (about 5,300 mln yen).Says subsidiary of Lonstroff Holding AG, Lonstroff AG is engaged in production and sale of medical packaging materials and medical rubber parts.

Halcyon Agri Corp Ltd updates on potential acquisition of subsidiaries of Centrotrade Holding AG

Monday, 10 Nov 2014 06:45am EST

Halcyon Agri Corp Ltd:Further to the previous announcement.Company announces that wholly owned subsidiary of the company, Hevea International Pte. Ltd. (the Purchaser or Hevea International) enters into memorandum of understanding with Raiffeisen Centrobank AG and Centrotrade Holding AG (Centrotrade) (collectively vendors).Says for the acquisition by Hevea International.Total purchase price for the Target shall be determined based on the sum of audited net asset value of the Centrotrade Subsidiaries as of Dec. 31 (NAV);.Value of the forward profit which has not been included in the NAV.Premium of $2,550,000.Pursuant to the MOU, the Group shall pay $1,000,000 which constitutes part of the premium.to the vendors as non-refundable cash down-payment within 3 working days after the signing of the MOU.Purchase consideration will be fully funded in cash through existing internal resources.

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

Friday, 31 Oct 2014 01:00am 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.

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