Heavy Electrical Equipment
Nissin Electric Co Ltd:Says to sell 51 pct stake in its China-based subsidiary to Li Xiaohui for 10 million yuan in the end of March.To hold no stake in the unit after the transaction.
LS Industrial Systems Co., Ltd:To pay annual cash dividend of 1,000 won per share for 2015.Dividend payment on April 15, to shareholders of record on Dec. 31, 2015.Total dividend amount 29,325,028,000 won.
Northbridge Industrial Services Plc:Expects the result for 2015 to be substantially in line with management's expectations but it is too early to predict when any recovery may come to markets in 2016.
Mergers & Acquisitions
No related earnings announcements are currently scheduled within the next 7 days.