Chinese lawmakers on Sunday approved a State Council proposal for stock listing reform at the end of a bimonthly legislative session which began Monday in Beijing. The decision by the National People's Congress Standing Committee will ...
Tags: Stock Listing, Registration-based
Chinese lawmakers on Wednesday called on market regulators to step up supervision and stipulate heavier penalties for violators once a stock listing reform takes effect. Legislators are set to approve a State Council proposal on the ...
Tags: IPO Reform, Supervision
China Vanke Co. Ltd unexpectedly suspended trading on Friday afternoon, saying that it's planning to issue new shares for capital restructuring and assets acquisition, according to a statement on the Shenzhen Stock Exchange. The statement ...
Tsinghua Unigroup of mainland China announced on Dec. 11 to acquire a 24.9 percent holding in Siliconware Precision Industries Co., Ltd. (SPIL) and a 25 percent stake in ChipMOS Technologies (Bermuda) Ltd. for total cost of NT$68.8 billion ...
Tags: Tsinghua Unigroup, semiconductor, Processing Machinery
The European Commission has cleared commodities trading group Trafigura's minority holding in Belgium-based zinc and lead producer Nyrstar. In November, Trafigura told the EC its minority 20.02% stake in Nyrstar -- held through its ...
Tags: Nyrstar, Zinc, lead metal
Japanese global establishment Mitsubishi has agreed to acquire 20% stake in agri-business firm Olam International, in two deals that are valued at around S$1.53bn ($1.09bn). Under the agreed terms, Mitsubishi will acquire 332.73 million ...
Tags: agri-business, Mitsubishi, edible nuts
Xidelang Holdings (XDL), China-based manufacturer of sports and leisure wear, has signed an agreement to acquire the entire existing business and undertakings of Jinjiang Yangsen Garments Company, including all of its assets and certain ...
Tags: sports wear, leisure wear
Thai Union Frozen Products (TUF) is planning to raise close to $380m, which will fund its planned acquisition of Bumble Bee Seafoods. TUF will offer up to 795.3 million new shares to its existing shareholders at $0.4685 each, Reuters ...
Tags: food, Bumble Bee Seafoods
Kumara Mangalam Birla led Aditya Birla Chemicals (ABCIL) and a company of the Aditya Birla Group said it has received shareholders’ approval for merging the company with Grasim Industries. “The merger between the two companies ...
Tags: ABCIL
China's top trainmaker, China CSR Corp is planning to issue 11.14 billion new shares for the acquisition of CNR, which is approved by the China Securities Regulatory Commission. CSR was founded in 2007. The company was listed on both the ...
Chinese investors are allowed to subscribe for new shares from 30 companies this week, according to the country's initial public offering (IPO) schedule. Among those companies, 11 will be listed in the Shanghai Stock Exchange, 2 in the ...
Tags: Chinese investors, Subscriptions, Service
G-III Apparel Group, Ltd. announced that its board of directors has approved a two-for-one-stock split of the company’s common stock to be paid as a stock dividend. Stockholders of record as of the close of business on April 20, 2015 ...
Tags: G-III Apparel Group, leading manufacturer, Sporting Goods
Solar-grade crystalline silicon wafer maker Green Energy Technology (GET) on March 26 decided not to distribute any dividend for 2014, according to the company. GET posted consolidated revenues of NT$15.285 billion (US$484 million), gross ...
Heineken has expressed interest in acquiring Slovenian brewer Pivovarna Lasko, in a deal that would allow the Dutch brewing company to enter into Slovenia where it is not currently present. Lasko is up for sale since last year and ...
The Board of Directors of Grasim has approved the proposed merger of the Aditya Birla Chemicals (India) Limited (ABCIL), another Aditya Brila Group company, with Grasim. Grasim’s Board of Directors approved the swap ratio of 1 ...
Tags: Aditya Birla Chemicals, Grasim