Industry PC supplier Ennoconn saw its net profits increase 16% on quarter and 31% on year to NT$267 million (US$8.46 million) in the second quarter of 2016. The earnings translated into an EPS of NT$3.78 for the quarter. Gross margin also ...
Tags: Industry PC, IPC
South Korean electronics giant Samsung has acquired a 2% stake in Chinese electric vehicle maker BYD for $455m. This move is being seen as an attempt by the South Korean firm to foray into automotive industry. Many technology ...
Tags: Electric Vehicle, BYD, Samsung
Turkish food group Yildiz Holding has formed a new London-based company by combining its biscuit, chocolate, and confectionery businesses. The move is aimed at expanding its global presence and improving its competitiveness in the global ...
Cascades, a leader in the recovery and manufacturing of green packaging and tissue paper products, announces that the Greenpac Mill located in Niagara Falls, NY, a company created in partnership with the Caisse de dépt et de ...
Tags: Cascades, green packaging
Acquisitions are an almost weekly occurrence in Silicon Valley, but Apple’s next scoop could be closer to home. Apple is said to be in “advanced talks” to buy Imagination Technologies, a UK-based chip design firm partly ...
Employee-owned Packaging Group, Kite Packaging, has been named by London Stock Exchange Group as one of the top ‘1000 companies to inspire Britain in 2016’. 2016 heralds the 3rd edition of London Stock Exchange Groups’ ...
UK-based chocolate manufacturer Hotel Chocolat Group is planning a floatation to raise funds for its expansion plan. The founders of the business Angus Thirlwell and Peter Harris are planning to raise £50m through placement in ...
Tags: Hotel Chocolat, Business expansion
Dutch dairy company Royal FrieslandCampina is planning to acquire 51% stake in Pakistani-based Engro Foods for $460m. The European dairy company has approached the Pakistan company to buy around 391 million shares from its parent company ...
Canada-based organic food company SunOpta has entered into an agreement to sell Opta Minerals business to Speyside Equity Fund for CAD$6.2m ($4.4m), in order to focus on its core business of food distribution. The acquisition proposal has ...
Tags: SunOpta, organic food
Swiss food company Nestle is planning to acquire the remaining stake of 36.3% in Israel-based food manufacturer Osem for $840m. Nestle had originally invested in Osem around two decades ago, when it had taken 63.7% stake in the company, ...
It's been revealed Chinese property developer Vanke may be poised to try to issue new shares as part of an acquisition. In a filing to the Hong Kong's stock exchange, Vanke says it’s considering acquiring a company in a share and ...
Tags: Vanke, New Shares
China has announced it is setting up a new Strategic Emerging Industry Board under the Shanghai stock exchange. The new board is aimed at the country's domestic high-growth and innovative companies. The China Securities Regulatory ...
Tags: Capital Market, Changes
The State Council announced Wednesday that it supported the development of direct financing to reduce production costs for enterprises. Through direct financing, enterprises can get funds from the capital market by issuing shares or ...
Tags: Direct Financing
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 ...
A top Chinese executive involved in a big investment scandal has been reported missing. Shan Jiuliang, the chairman of Hong Kong-listed Imagi International Holdings, was last spotted at a board meeting in mid-October. According to a ...
Tags: Chinese executive, missing, Shan Jiuliang