LB Group Co Ltd SZSE:002601:
SAYS UNIT PLANS TO INVEST $5 MILLION AND $50 MILLION TO SET UP UNITS IN MALAYSIA AND UK
SAYS UNIT SIGNS ASSET PURCHASE AGREEMENT WITH VENATOR UK REGARDING ITS TITANIUM DIOXIDE BUSINESS FOR $69.9 MILLION
LB Group's Unit Plans To Set Up Units In Malaysia, UK
Earlier from LB
- LB Group Co.: Net profit fell 19.5% on lower titanium dioxide prices, but core product output reached new highs
- Revenue up, profit down; titanium output record, new energy weak, major leadership change
- LB Group Co.: Q1 2025 net profit fell 27.86% on weaker prices and higher costs
- LB Group Co.: Year-to-date net profit surged 19.68% on modest revenue growth and stronger cash flow
- LB Group Co.: Net profit surged 36.4% to ¥1.72B on record titanium dioxide output and robust cash flow
Later from LB
- LB Group Q3 Net Profit Down 65.7% Y/Y
- LB Group's Unit Plans To Bring In Investors To Boost Capital
- UK'S CMA Issues Invitation To Comment On Impact Of LB Group-Venator Deal
- LB Group Plans To Issue Commercial Papers
- LB Group's Unit Partially Resumes Production
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