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Giken Kogyo to set up holding company

Thursday, 7 Sep 2017 04:14am EDT

Sept 7 (Reuters) - Giken Kogyo Co Ltd <9764.T>:* Says it will set up a holding company and transfer all shares to the holding company, effective Jan. 9, 2018 .

Grafton Group H1 adjusted operating profit up 19 pct

Thursday, 31 Aug 2017 02:06am EDT

Aug 31 (Reuters) - Grafton Group Plc :Grafton Group - H1 adjusted operating profit before property profit up 19 percent to 77 million pounds.Grafton Group - net debt declined to 80.2 million pounds from 95.7 million eur year ago, strong cash generation.Grafton Group - 11 percent increase in dividend to 5.25 pence sterling in line with progressive dividend policy.Grafton Group - UK merchanting business increased profit and performed well through the half year.Grafton - recent softer trends in UK likely to be sustained in 2017, opening of branches reflects medium term confidence.Grafton Group - average daily like-for-like revenue growth from 1 July to 27 Aug 6.5 percent.Grafton Group - encouraging outcome leaves us well placed to deliver our full year expectations.

Xinjiang Guotong Pipeline to dissolve and liquidate duct piece unit

Wednesday, 30 Aug 2017 01:13am EDT

Aug 30 (Reuters) - Xinjiang Guotong Pipeline Co Ltd <002205.SZ> ::* Says it plans to dissolve and liquidate its Harbin-based duct piece unit .

Xinjiang Guotong Pipeline to dissolve and liquidate pipeline unit in Zhucheng

Tuesday, 29 Aug 2017 11:51pm EDT

Aug 30 (Reuters) - Xinjiang Guotong Pipeline Co Ltd <002205.SZ> ::* Says it plans to dissolve and liquidate its wholly owned pipeline unit in Zhucheng city .

Center International Group to dissolve three branches and unit

Monday, 28 Aug 2017 11:09pm EDT

Aug 29 (Reuters) - Center International Group Co Ltd <603098.SS>:* Says it will dissolve a Beijing-based steel unit and three branches based in Beijing, Ningxia and Wenzhou .

Wienerberger buys brick plant in Germany

Friday, 25 Aug 2017 02:59am EDT

Aug 25 (Reuters) - Wienerberger AG ::strengthens its brick business in Germany and Poland.Says take-over of Reetz clay block plant in Brandenburg, Germany.Says insulation-filled bricks to be firmly established as a future-oriented product group.Says plant has about 45 employees.Says plant has an annual production capacity of 190 million nf (standard format for bricks), which corresponds to about 4,600 single-family houses.Says takeover will be earnings accretive with immediate effect.Says it has been agreed with owners not to disclose purchase price of plant.

PPC Group says group revenue tracked ahead of previous comparative period

Thursday, 17 Aug 2017 02:00am EDT

Aug 17 (Reuters) - PPC LTD ::GROUP REVENUE HAS TRACKED AHEAD OF PREVIOUS COMPARATIVE PERIOD ENDED 30 JUNE 2016.SAYS FIRST QUARTER GROUP EBITDA IS IN LINE WITH PREVIOUS YEAR.SOUTH AFRICAN BUSINESS ENVIRONMENT REMAINS CHALLENGING WITH CONTINUED LOWER LEVELS OF FIXED INVESTMENT AND CONSUMER SPEND.GROUP'S NET DEBT POSITION IN JUNE 2017 HAS IMPROVED FURTHER ON MARCH 2017.

China Shanshui Cement to record HY net loss, updates on former senior management of Shandong Shanshui

Tuesday, 8 Aug 2017 08:13am EDT

Aug 8 (Reuters) - China Shanshui Cement Group Ltd <0691.HK>:Expected that group will continue to record a net loss for six months ended 30 June 2017.Expected result due to increase in average selling price of cement in domestic PRC market during first half of 2017.Updates on legal actions against former senior management of Shandong Shanshui.Jinan government is assisting co to restructure board & senior management of Shandong Shanshui.Jinan government is assisting co to also resolve illegal occupation of properties of Shandong Shanshui by its former senior management.Public float of company has been delayed by placing agents due to illegal occupation.

Future bright mining announces termination of previous placing agreement

Friday, 4 Aug 2017 08:00am EDT

Aug 4 (Reuters) - Future Bright Mining Holdings Ltd <2212.HK>:Kingston Securities and company entered into placing agreement.Termination of previous placing agreement to have no material adverse effect on business operation and financial position of group.‍Company agreed to place to 180 mln placing shares parties at placing price of hk$0.210 per placing share​.

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