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LGI Homes closed 596 homes in August 2017

Wednesday, 6 Sep 2017 08:05pm EDT

Sept 6 (Reuters) - LGI Homes Inc -:596 homes closed in August 2017, up from 383 home closings in August 2016.In addition, LGI announced damage to its communities from Hurricane Harvey has been minimal and, all of its employees are safe.LGI Homes Inc says as of end of August 2017, company had 76 active selling communities.Ended first eight months of 2017 with 3,459 home closings, up 30.0 pct from 2,661 home closings during first eight months of 2016.Do not anticipate further interruptions in business as a result of harvey.That damage to its communities from Hurricane Harvey has been minimal.

Gamco says may discuss with Lennar other alternatives to eliminate discount between co's Class A and Class B shares

Wednesday, 2 Aug 2017 05:23pm EDT

Aug 2 (Reuters) - Lennar Corp :Gamco says may discuss with Lennar Corp other alternatives to eliminate discount between co's Class A shares and co's Class B shares - sec filing.

Nac to fully acquire Saitama-based firm via stock swap

Wednesday, 26 Jul 2017 03:23am EDT

July 26 (Reuters) - Nac Co Ltd <9788.T>:Says it plans to fully acquire a Saitama-based firm on Sept. 1, which is engaged in rental and retailing business .Says one share of the Saitama-based firm's stock will be exchanged with 1.25 shares of the co's stock and 25,000 shares of the co's stock will be exchanged .

Long Yuan Construction Group sees H1 FY 2017 net profit up 70 pct to 80 pct

Thursday, 20 Jul 2017 04:17am EDT

July 20 (Reuters) - Long Yuan Construction Group Co Ltd <600491.SS>:* Sees H1 FY 2017 net profit to increase by 70 percent to 80 percent .* Says H1 FY 2016 net profit was 130.6 million yuan.* Says that increased PPP business income as main reason for the forecast.

Shenzhen Qixin Construction Group to dissolve two wholly owned decorative design subsidiaries

Monday, 17 Jul 2017 11:25pm EDT

July 18(Reuters) - Shenzhen Qixin Construction Group Co Ltd <002781.SZ> ::* Says it plans to liquidate and dissolve two Liaoning-based wholly owned decorative design engineering subsidiaries .

Shenzhen New Nanshan Holding Group amends net loss outlook for H1 of FY 2017

Monday, 17 Jul 2017 06:01am EDT

July 17 (Reuters) - Shenzhen New Nanshan Holding Group Co Ltd <002314.SZ>:* Sees net profit for FY 2017 H1 to decrease by 66.1 percent to 70.9 percent, or to be 120 million yuan to 140 million yuan .* In the previous outlook, the company expected the net loss for 2017 H1 to be 50 million yuan to 100 million yuan .* Says the net profit of FY 2016 H1 was 412.6 million yuan.* Says that amendment due to seasonal business fluctuation and beforehand completed projects.

Royal China International says units enter subscription agreement

Wednesday, 12 Jul 2017 10:10am EDT

July 12 (Reuters) - Royal China International Holdings Ltd <1683.HK>::Smart Empire Global, BAA Jet Management & Himalaya Business Aviation entered into subscription agreement.Smart Empire and BAA shall subscribe for 5.1 million shares and 4.9 shares, respectively.HBA and a lessee of a Gulfsteam Model G550 aircraft entered into an aircraft management agreement.Pursuant to aircraft management agreement lessee has agreed to engage HBA to manage aircraft for initial term of one year.

Jingrui Holdings says Suzhou Youxing to acquire Shanghai Zhaoliang

Friday, 9 Jun 2017 07:14am EDT

June 9 (Reuters) - Jingrui Holdings Ltd <1862.HK>::Acquisition of entire equity interest in Shanghai Zhaoliang.Deal for an initial purchase price of RMB167 million.Suzhou Youxing entered into an equity purchase agreement with Zhang Changhui and Zheng Chengyong.Sellers agreed to sell and Suzhou Youxing has agreed to buy sale interest, representing entire equity interest in Shanghai Zhaoliang.Total initial consideration payable by Suzhou Youxing for purpose of acquisition amounts to RMB300 million.

Calatlantic Group announces secondary common stock offering

Wednesday, 7 Jun 2017 04:09pm EDT

June 7 (Reuters) - Calatlantic Group Inc : :Calatlantic Group Inc announces secondary common stock offering by MP CA Homes LLC and proposed repurchase of common stock.Calatlantic Group Inc - offering by MP CA Homes of 10 million shares of aggregate 42.8 million shares of company's common stock held by selling stockholder​.Calatlantic Group Inc - will not sell any shares in proposed common stock offering and will not receive any of proceeds from sale by MP CA Homes LLC​.Calatlantic Group Inc - also entered agreement with selling stockholder to repurchase shares of co from selling stockholder in of up to $100 million​.Calatlantic Group Inc - ‍company intends to fund share repurchase from cash on hand​.

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