Latest Fosun Intl Ltd (FOSUF) Headlines
Concierge Auctions Announces That Bidding Is Closed And A Sale Is Pending For The Prestigious Preston Trails Family Home Of Famed Professional Golfer And Announcer Lanny Wadkins
PR Newswire - Fri Dec 20, 2:25PM CST
Concierge Auctions is pleased to announce that a sale is pending for the Fairway Estate, a luxurious family home in North Dallas conveniently located near exceptional private schools, the Preston Trail Golf Club, the Bent Tree Country Club, and Downtown Dallas. The 9,521-square-foot home offers five bedrooms, five full and three half bathrooms, and extensive amenities including a pool, 9-hole putting green and practice area and shuffleboard court. After a competitive, live auction, the property went under contract in cooperation with Mike Brodie of Keller Williams Realty Luxury Homes International. The buyer is represented by Tama Cole of Briggs Freeman Sotheby's International Realty.
Wonder Auto Technology, Inc. Announces Completion of Sale of Stock of Wonder Auto Limited
PR Newswire - Thu Dec 19, 4:48AM CST
Wonder Auto Technology, Inc. ("Wonder Auto" or the "Company") today announced that on October 15, 2013, it completed the sale of 118.593656 ordinary shares, representing an approximate 48.35% ownership interest, of Wonder Auto Limited ("WAL"), its wholly owned subsidiary, to Ideal Treasure Limited as contemplated by the Stock Purchase Agreement dated August 6, 2013, by and between WATG and Ideal Treasure Limited (the "Stock Sale"). The Stock Sale was approved by the Company's stockholders at a Special Meeting of stockholders held on September 30, 2013. The Company's stockholders also approved the proposed plan of liquidation and dissolution pursuant to which the Company will (a) pay or make reasonable provision to pay all of its known or unknown claims and obligations, including all obligations and liabilities required to be satisfied by a continuing body corporate pursuant to Sections 78.585 and 78.590 of the Nevada Revised Statutes, (b) distribute the remaining 126.683580 ordinary shares (representing an approximate 51.65% ownership interest) of WAL to certain stockholders of the Company including Fosun International Limited, Heroic Origin Trading Limited, Mr. Shuzhen Mu, Wonder Employee Capital Limited, Wonder International Group Limited and Worthy Talent Development Limited (collectively, the "Participating Stockholders") and (c) distribute the remaining assets of the Company (including all of the cash of the Company) to the Company's stockholders other than the Participating Stockholders (the "Plan of Liquidation"). The Plan of Liquidation became effective upon the closing of the Stock Sale. It is currently anticipated that the Company will make distributions to the stockholders in accordance with the Plan of Liquidation in December 2013, although the Company cannot guarantee or make any assurances regarding when distributions under the Plan of Liquidation will be made.
Kerzner to Open Atlantis Resort on Hainan Island in China
M2 - Fri Oct 11, 11:42AM CDT
Fosun International, a non-state owned enterprise in China, has entered into an agreement with Kerzner International Holdings, an international developer and operator of destination resorts, casinos and luxury hotels, for a new, Atlantis resort along the Haitang Bay National Coast.
St. John Knits Board of Directors Names Bernd Beetz Chairman
PR Newswire Europe - Thu Jul 18, 5:30AM CDT
The Board of Directors of St. John Knits announced today that Bernd Beetz has been named Chairman of the Board, effective immediately.
Focus Media Holding Limited Announces Completion of Merger
PR Newswire - Thu May 23, 3:45PM CDT
Focus Media Holding Limited (the "Company" or "Focus Media") (Nasdaq: FMCN) announced today the completion of its merger (the "Merger") with Giovanna Acquisition Limited ("Merger Sub"), a wholly-owned subsidiary of Giovanna Parent Limited ("Parent"), pursuant to the agreement and plan of merger (the "Merger Agreement"), dated December 19, 2012, among the Company, Parent and Merger Sub. As a result of the Merger, the Company became a direct wholly owned subsidiary of Parent.
Concierge Auctions Announces That Bidding Is Closed And A Sale Is Pending For The Prestigious Preston Trails Family Home Of Famed Professional Golfer And Announcer Lanny Wadkins
PR Newswire - Fri Dec 20, 2:25PM CST
Concierge Auctions is pleased to announce that a sale is pending for the Fairway Estate, a luxurious family home in North Dallas conveniently located near exceptional private schools, the Preston Trail Golf Club, the Bent Tree Country Club, and Downtown Dallas. The 9,521-square-foot home offers five bedrooms, five full and three half bathrooms, and extensive amenities including a pool, 9-hole putting green and practice area and shuffleboard court. After a competitive, live auction, the property went under contract in cooperation with Mike Brodie of Keller Williams Realty Luxury Homes International. The buyer is represented by Tama Cole of Briggs Freeman Sotheby's International Realty.
Wonder Auto Technology, Inc. Announces Completion of Sale of Stock of Wonder Auto Limited
PR Newswire - Thu Dec 19, 4:48AM CST
Wonder Auto Technology, Inc. ("Wonder Auto" or the "Company") today announced that on October 15, 2013, it completed the sale of 118.593656 ordinary shares, representing an approximate 48.35% ownership interest, of Wonder Auto Limited ("WAL"), its wholly owned subsidiary, to Ideal Treasure Limited as contemplated by the Stock Purchase Agreement dated August 6, 2013, by and between WATG and Ideal Treasure Limited (the "Stock Sale"). The Stock Sale was approved by the Company's stockholders at a Special Meeting of stockholders held on September 30, 2013. The Company's stockholders also approved the proposed plan of liquidation and dissolution pursuant to which the Company will (a) pay or make reasonable provision to pay all of its known or unknown claims and obligations, including all obligations and liabilities required to be satisfied by a continuing body corporate pursuant to Sections 78.585 and 78.590 of the Nevada Revised Statutes, (b) distribute the remaining 126.683580 ordinary shares (representing an approximate 51.65% ownership interest) of WAL to certain stockholders of the Company including Fosun International Limited, Heroic Origin Trading Limited, Mr. Shuzhen Mu, Wonder Employee Capital Limited, Wonder International Group Limited and Worthy Talent Development Limited (collectively, the "Participating Stockholders") and (c) distribute the remaining assets of the Company (including all of the cash of the Company) to the Company's stockholders other than the Participating Stockholders (the "Plan of Liquidation"). The Plan of Liquidation became effective upon the closing of the Stock Sale. It is currently anticipated that the Company will make distributions to the stockholders in accordance with the Plan of Liquidation in December 2013, although the Company cannot guarantee or make any assurances regarding when distributions under the Plan of Liquidation will be made.
Kerzner to Open Atlantis Resort on Hainan Island in China
M2 - Fri Oct 11, 11:42AM CDT
Fosun International, a non-state owned enterprise in China, has entered into an agreement with Kerzner International Holdings, an international developer and operator of destination resorts, casinos and luxury hotels, for a new, Atlantis resort along the Haitang Bay National Coast.
St. John Knits Board of Directors Names Bernd Beetz Chairman
PR Newswire Europe - Thu Jul 18, 5:30AM CDT
The Board of Directors of St. John Knits announced today that Bernd Beetz has been named Chairman of the Board, effective immediately.
Focus Media Holding Limited Announces Completion of Merger
PR Newswire - Thu May 23, 3:45PM CDT
Focus Media Holding Limited (the "Company" or "Focus Media") (Nasdaq: FMCN) announced today the completion of its merger (the "Merger") with Giovanna Acquisition Limited ("Merger Sub"), a wholly-owned subsidiary of Giovanna Parent Limited ("Parent"), pursuant to the agreement and plan of merger (the "Merger Agreement"), dated December 19, 2012, among the Company, Parent and Merger Sub. As a result of the Merger, the Company became a direct wholly owned subsidiary of Parent.
