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Xilinmen Furniture Co Ltd to establish new subsidiary

Tuesday, 21 Oct 2014 08:00pm EDT

Xilinmen Furniture Co Ltd:To establish a wholly owned subsidiary in Hong Kong, with a registered capital of HK$1,000,000.New subsidiary to be mainly engaged in import and export trade, import and export business of main business related technology, equipment, raw and auxiliary materials, overseas investment and merger and acquisition.

GOYO INTEX CO LTD lowers consolidated mid-year outlook for FY 2015

Friday, 17 Oct 2014 02:00am EDT

GOYO INTEX CO LTD:Says the company lowered the consolidated mid-year outlook for revenue to 581 million yen from 650 million yen for FY ending March 2015.Sees a decrease of operating profit forecast to a loss of 92 million yen from a loss of 40 million yen.Sees a decrease of ordinary profit forecast to a loss of 102 million yen from a loss of 55 million yen.Sees a decrease of net profit forecast to a loss of 106 million yen from a loss of 70 million yen.Sees a decrease of earnings per share to a loss of 8.07 yen from a loss of 5.56 yen.Comments the sales decrease and increased promotion expense and bonds issuance costs are the main reasons for the forecast.

Guangdong Yihua Timber Industry Co Ltd to issue shares for stake acquisition and fund raising

Tuesday, 14 Oct 2014 08:00pm EDT

Guangdong Yihua Timber Industry Co Ltd:To issue 46,941,667 A shares at 4.85 yuan per share and pay 342.3329 million yuan, to 15 investors, in exchange for 100 pct stake in a Shenzhen-based hotel supplies company.Transaction price is 570 million yuan in total.To issue 39,175,257 shares to top shareholder to raise 190 million yuan, for cash payment of the transaction.

Bassett Furniture Industries Inc announces quarterly dividend & increase to share repurchase plan

Thursday, 9 Oct 2014 09:55am EDT

Bassett Furniture Industries Inc:Declares a dividend of $.08 per share of outstanding common stock.Payable on Nov. 28 to shareholders of record at the close of business Nov. 14.Increases the company's existing share repurchase authorization by about $14 million to a new limit of $20 million.

Sun Wood Industries PCL appoints Managing Director

Wednesday, 8 Oct 2014 06:00am EDT

Sun Wood Industries PCL:Says as on Oct. 8 it has resolved to approve Thanasit Thienkanjanawong as Managing Director.


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