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IFB Industries to buy 100 pct stake in Global Automotive & Appliances, Singapore

Monday, 27 Mar 2017 08:17am EDT

IFB Industries Ltd :Accorded in-principle approval to buy 100 percent stake of Global Automotive & Appliances, Singapore from IFB Automotive for INR 200 million.

OSG to offer off-floor distribution of 200,000 shares

Monday, 27 Mar 2017 03:29am EDT

OSG Corporation Co Ltd <6757.T>: Says the company to offer an off-floor distribution of 200,000 shares on Tokyo Stock Exchange on March 28 . Says offering price at 1,033 yen per share .Says the limitation for purchase the distribution is up to 500 shares for each customer.

BHS tabletop: Serafin Unternehmensgruppe acquires majority shares

Monday, 27 Mar 2017 02:12am EDT

BHS tabletop AG : Said on Friday that Serafin Unternehmensgruppe acquired majority shares in BHS tabletop . Said BHS Verwaltungs Aktiengesellschaft (100 pct unit of Serafin 13. Verwaltungs GmbH and indirectly a 100% unit of Serafin GmbH) wants to acquire shares of BHS tabletop by way of a voluntary public takeover offer against payment of 14.20 euros ($15.40) per share .On March 24, BHS Verwaltungs Aktiengesellschaft concluded a share purchase agreement with majority shareholders of BHS tabletop (86.05% of share capital and voting rights).

Shanghai Rongtai Health Technology to boost units' capital; unit to cooperate with media firm

Sunday, 26 Mar 2017 11:47pm EDT

Shanghai Rongtai Health Technology Co Ltd <603579.SS> : Co plans to boost capital of 5 million yuan into a wholly owned shanghai-based fitness equipment unit . Co plans to boost capital of 19.5 million yuan into a wholly owned shanghai-based trading unit .Says co's unit signs strategic cooperation framework agreement with a Tianjin-based media firm, Wanda's unit, entering in to a 5-yr collaboration with totaling investment of no less than 300 million yuan.

Bialetti Industrie FY net profit down at EUR 2.7 mln

Friday, 24 Mar 2017 01:12pm EDT

Bialetti Industrie SpA : FY turnover 179.8 million euros ($194.35 million) versus 172.4 million euros a year ago .FY net profit 2.7 million euros versus 3.6 million euros a year ago.

Guangdong Vanward New Electric completes establishment of electric JV with partners

Friday, 24 Mar 2017 05:30am EDT

Guangdong Vanward New Electric Co Ltd <002543.SZ> :Says co completes establishment of electric JV in Guangdong with partners and holds 50 percent stake in it.

Shenzhen Jiawei Photovoltaic Lighting sees Q1 FY 2017 net profit up 47.7 pct to 76.8 pct

Friday, 24 Mar 2017 02:59am EDT

Shenzhen Jiawei Photovoltaic Lighting Co Ltd <300317.SZ> : Sees Q1 FY 2017 net profit to increase by 47.7 percent to 76.8 percent, or to be 68.5 million yuan to 82 million yuan . Says Q1 FY 2016 net profit was 46.4 million yuan .Comments that increased income from inclusion of new company in statement.

Rinnai announces demise of chairman

Thursday, 23 Mar 2017 10:03pm EDT

Rinnai Corp <5947.T> :Says co's chairman of the board Susumu Naito passed away on March 20.

Rational sees 2017 EBIT margin at lower end of long-term range

Thursday, 23 Mar 2017 02:00am EDT

Rational AG : Dividend of 10.00 euros per share proposed . Growth expected to continue .Says expects 2017 EBIT margin to be closer to lower end of our long-term range forecast of 26 to 28 percent.

Metall ZUG FY net income up 49.1 pct to CHF 84.9 million

Thursday, 23 Mar 2017 01:50am EDT

Metall Zug AG : FY gross sales rose by 3.5 percent to 960.6 million Swiss Francs ($968.15 million) . FY operating income recorded a disproportionately high rise of 16.9 percent to 94.1 million Francs . FY net income came to 84.9 million Francs versus 56.9 million Francs years ago, up 49.1 pct . To propose dividend in amount of 7.00 Francs gross per type A registered share and 70.00 Francs gross per type B registered share .Expects 2017 operating income to be in line with that of previous year.


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