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Apparel & Accessories

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Virat Industries appoints Vijay V. Merchant as chairman

Friday, 23 Sep 2016 06:55am EDT

Virat Industries Ltd :Resignation of Arun S. Sanghi as chairman of company has been accepted and Vijay V. Merchant has been appointed as chairman.

Gazal Corp announces major shareholding changes

Friday, 23 Sep 2016 05:35am EDT

Gazal Corp Ltd : Pvh corp, will acquire 5.8 million shares, taking a 10% stake in the company . Harvey norman holdings will acquire 3.2 million shares, increasing their holding to 7.2% of the co . Says craig kimberley, non-executive director of gzl will acquire 0.5 million shares . Richard Gazal has decided to sell his direct interests in 9.5 million gzl shares (16.3% of gzl) .

Takson updates on acquisition of stake by State Energy HK

Thursday, 22 Sep 2016 06:09pm EDT

Takson Holdings: Application has been made by company to stock exchange for resumption of trading in shares on stock exchange with effect from 9:00 a.m. On 23 September 2016 . Total cash consideration for sale shares pursuant to share purchase agreement is HK$487.2 million . Offer price of HK$0.9463 .Offeror intends to finance and satisfy total consideration payable by offeror under offer of HK$246.5 million from loan facility granted by Huarong Intl Securities.

Continental Holdings says unit Precious Palace International enters agreement

Wednesday, 21 Sep 2016 10:45am EDT

Continental Holdings Limited <0513.HK> : Continental H-very Substantial Disposal And Resumption Of Trading . Vendor (a wholly-owned subsidiary of company), purchaser and company (as guarantor of vendor) entered into agreement . Purchaser has conditionally agreed to acquire, and vendor has conditionally agreed to sell, sale share and sale loans . Deal for an aggregate consideration of hk$1.13 billion . Trading in shares of company was halted with effect from 20 september 2016 pending publication of announcement . Co intends to use part of net sale proceeds from disposal to repay certain bank borrowings and release related mortgage on property . Expected to record an estimated net gain from disposal of approximately hk$103 million .Application has been made to stock exchange for resumption of trading in shares of co on stock exchange with effect from 22 september 2016.

Goldiam International appoints Ajay M. Khatlawala as chairman

Wednesday, 21 Sep 2016 07:29am EDT

Goldiam International Ltd :Approved the appointment of Ajay M. Khatlawala as chairman.

OVS H1 net profit rises by 26.9 pct to EUR 30.8 mln

Wednesday, 21 Sep 2016 06:38am EDT

OVS SpA : Net sales for the first half (semester ended July 31) were 640.1 million euros ($713.65 million), up 4.7 percent compared with the same period a year earlier .H1 net profit was 30.8 million euros, up 6.5 million euros (up 26.9 percent) compared with the first half of 2015.

Dalian Dayang Trands completes fully acquiring Shanghai YTO Express (Logistics)

Wednesday, 21 Sep 2016 05:48am EDT

Dalian Dayang Trands <600233.SS>:Says it completed fully acquiring Shanghai YTO Express (Logistics) Co Ltd via new share issuance.

Daidoh says shutdown of China-based unit's Songjiang plant

Wednesday, 21 Sep 2016 02:46am EDT

Daidoh Ltd <3205.T>: Says shutdown of Shanghai-based unit's Songjiang plant on Sep. 21 . Says unit to cancel contract with about 235 employees of the plant .Says the employees will retire after Sep. 22 and says special retirement benefits will be paid to retirees.

Polygiene teams up with Fogni in South Korea

Wednesday, 21 Sep 2016 01:45am EDT

Polygiene AB : Enters into strategic partnership with Fogni Co., Ltd. for odor-free home textiles and furniture .Fogni Co is South Korean manufacturer of functional fiber filling for home textiles and furniture as well as bedding for use at home, hospitals and hotel.

Ocean Sky entered sale and purchase agreement

Tuesday, 20 Sep 2016 08:05pm EDT

Ocean Sky International Ltd : Entered sale and purchase agreement dated with ang boon cheow edward and wong siew hui . Consideration for the purchase of the sale shares is approximately S$22.8 million . Proposed consolidation of every two (2) ordinary shares into one (1) ordinary share .

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