Textiles & Leather Goods
Eclat Textile <1476.TW>:Says it will dissolve a Wuxi-based clothing wholly owned subsidiary.
Teijin Ltd <3401.T>: Says it plans to integrate the functions of sales and R& D in polyester fibers business into its wholly owned unit TEIJIN FRONTIER CO., LTD. .Says the effective date on April 1, 2017.
Co-prosperity Holdings Ltd <0707.HK> : company is only investor and simultaneously white knight to rescue atv from being wound-up .On 10 nov 2016, high court of hong kong special administrative region has in principle approved itd, wcla, and restructuring agreement.
Shinkong Synthetic Fiber Corp <1409.TW>: Says it to merge its adverting service unit with merger record date of Nov. 30 .Says the unit to be dissolved after merger.
Omikenshi Co Ltd <3111.T>: Says it plans to halt the business of OMI DO BRASIL TEXTIL S.A. .Says OMI DO BRASIL TEXTIL S.A. is a Brazil-based unit, which is engaged in cotton spinning business.
Shanghai Sanmao Enterprise Group Co Ltd <600689.SS>:Says it acquired its Chongqing-based woolen sub-subsidiary for about 74 million yuan.
Bengal Tea And Fabrics Ltd: Spindles in spinning section of textile division of the company at Ahmedabad is being closed w.e.f. October 01, 2016 . Reduction in capacity would result in reduction in the top line of the company by about 12 crores rupees on an annualized basis .Sale proceeds be utilized for payment of retrenchment compensation to workers.
Shanghai Sanmao Enterprise Group Co Ltd <600689.SS>:Says it acquired a Taicang-based woolen company, which was wholly owned by the co's sub-subsidiary, for 14.5 million yuan.
Shanghai Sanmao Enterprise Group Co Ltd <600689.SS>: Says it to buy its Chongqing-based woolen sub-subsidiary for about 74 million yuan .Says it to buy a Taicang-based woolen company, which wholly owned by the Chongqing-based woolen sub-subsidiary, for 14.5 million yuan.
Jayjun CO., LTD. <025620.KS>: Says it will merge with its wholly owned subsidiary, SPL CO., LTD, which is engaged in cosmetics business, to improve operating efficiency and create synergy . Merger effective date of Oct. 28 and registered date of Nov. 2 .The company will survive and the subsidiary will be dissolved after the merger.