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Wharf & i-CABLE make joint announcement on communication, media & entertainment segment<0004.HK><1097.HK>

Tuesday, 5 Jul 2016 09:42am EDT

Wharf Holdings Ltd <0004.HK>: Wharf has received a number of preliminary proposals in relation to its CME business from independent third parties . Emphasize that the strategic review is still in progress . Wharf intends to engage in exploratory discussions with the relevant third parties to clarify preliminary proposals . Has not formed any view about any of these preliminary proposals and has therefore not reached any commitment nor entered into any agreements . CME segment is operated under its wholly-owned subsidiary, Wharf Communications Limited ("WCL"), and includes primarily Wharf T&T Limited, WCL's wholly-owned subsidiary, and i-CABLE .

Broadmedia transfers business to unit

Friday, 1 Jul 2016 02:40am EDT

Broadmedia Corp <4347.T>:Says it completed transferring of cloud game business to its unit BMGC on July 1.

Corvex urges Pandora to evaluate results of fulsome sales process against other options - SEC filing

Monday, 16 May 2016 07:12pm EDT

Corvex Management : Urges Pandora to immediately engage independent investment bank to advise on value maximization process, including execution of sales process . Urges Pandora to evaluate results against other options including risk-adjusted value of continuing to operate on standalone basis . Co "has been unable to date to translate its great product into a great business with an attractive public market valuation" . "We believe Pandora can become an even more differentiated product and a more valuable business as a part of a larger enterprise" . "We reiterate our previous offer to sign a confidentiality agreement in order to further our discussion and facilitate additional dialogue" Source: (http://1.usa.gov/1rQe5SV) Further company coverage: [P.N] (Bengaluru Newsroom: +1 646 223 8780).

SM Culture & Contents to divest entertainment business into new wholly owned subsidiary

Monday, 21 Mar 2016 03:54am EDT

SM Culture & Contents Co., Ltd:To divest entertainment business into a new wholly owned subsidiary, namely Woollim Entertainment Co., Ltd.Division effective date of June 8 and registration date of June 13.

ASAHI BROADCASTING to transit broadcasting-related business to interim holding company

Friday, 4 Mar 2016 01:00am EST

ASAHI BROADCASTING CORP:To set up three new Tokyo-based wholly owned subsidiaries and then to set up a wholly owned subsidiary as interim holding company to be engaged in management of the three units on April 5.To split three main businesses in the co and to transfer the businesses into the three subsidiaries accordingly on July 1.To transfer three units to the interim holding company on July 1.

CJ E&M to divest drama production business into new wholly owned subsidiary

Thursday, 4 Feb 2016 02:05am EST

CJ E&M Corp:To divest drama production business into a new wholly owned subsidiary.Division effective date of May 1 and registration date of May 2.

Bertelsmann bundles printing activities

Wednesday, 4 Nov 2015 07:00pm EST

Bertelsmann SE & Co KG aA:Says bundles printing activities with 1.7 billion euros of annual sales.Says new corporate division comprises Bertelsmann’s worldwide offset and gravure activities.Says Axel Hentrei and Bertram Stausberg new co-CEOs, Ulrich Cordes CFO of Bertelsmann Printing Group.

RKB MAINICHI BROADCASTING announces transition to holding company structure

Tuesday, 29 Sep 2015 03:00am EDT

RKB MAINICHI BROADCASTING CORP:To set a wholly-owned subsidiary based in Fukuoka as the successor preparatory company on Sep. 29.To transfer its whole business except group management business and estate rental business to the new subsidiary and restructure itself into holding company, effective April 1, 2016.

Hyundai Hcn to merge with HCN Saeronet Systems and HCN Kumho Systems

Tuesday, 22 Sep 2015 02:28am EDT

Hyundai Hcn Co Ltd:To merge with its two wholly owned subsidiaries, HCN Saeronet Systems Co., Ltd. and HCN Kumho Systems Co.,Ltd, both are mainly engaged in integrated cable broadcasting business, to improve operating efficency and create synergy.Merger ratio of 1:0:0 between the company, HCN Saeronet Systems and HCN Kumho Systems.Merger effective date of Jan. 1 and registered date of Dec. 31, 2016.The company will survive and above two subsidiaries will be dissolved after the merger.

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