Apparel & Accessories
Virat Industries Ltd
Gazal Corp Ltd
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 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 Ltd
Dalian Dayang Trands <600233.SS>:Says it completed fully acquiring Shanghai YTO Express (Logistics) Co Ltd via new share issuance.
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.
Ocean Sky International Ltd