Harson Trading China (SHA:603958) decided to deregister its subsidiary, Tibet Harson Trading, according to a Saturday filing on the Shanghai bourse.
The shoe retailer's shares fell by less than 2% at the close of Monday's trade.
The subsidiary designed and retailed shoes, luggages, apparel, garments and leather products.
Tibet Harson will be deregistered because it no longer has substantive operating business activities, the company said.
Indobell Insulations (BOM:544334) appointed Mayank Burman as the chief executive officer of the company, according to an Indian bourse filing on Friday.Shares of the company fell 5% in Monday's trade.
Crizac's (NSE:CRIZAC, BOM:544439) consolidated attributable net profit rose to 750.4 million Indian rupees in the fiscal fourth quarter ended March 31 from 499.4 million rupees a year ago.Earnings per share climbed to 4.29 rupees from 2.85 rupees a year ago, the education services provider said in a Monday filing to the Indian stock exchanges.Revenue from operations in fiscal Q4 increased to 3.92 billion rupees from 3.41 billion rupees a year ago.The company's shares were up 10% in recent trade.
Shanghai Xintonglian Packaging (SHA:603022) will seek a 300 million yuan credit line, valid for 12 months, according to a Saturday filing with the Shanghai bourse.The company will use the proceeds to boost production, operations, and business development needs, among others.