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Taomee explains failure to file Form 20-F on a timely basis

From Taomee Holdings Limited SHANGHAI, May 24, 2016 /PRNewswire/ — Taomee Holdings Limited (“Taomee” or the “Company”) (NYSE: TAOM), one of the leading children’s entertainment and media companies in China, today announced that the Company has received a notice of…

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Homeinns Hotel Group announces completion of going private transaction

SHANGHAI, April 1, 2016 /PRNewswire/ — Homeinns Hotel Group (‘Homeinns’ or the ‘Company’) (NASDAQ: HMIN), a leading economy hotel chain in China, announced today the completion of its merger (the ‘Merger’) with BTG Hotels Group (CAYMAN) Holding Co., Ltd (‘Merger…

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In a first, SEC offers DPA to Exec accused of bribery

By Sue Reisinger, From Corporate Counsel Two subsidiaries of Massachusetts software company PTC Inc. agreed to pay more than $28 million in civil and criminal penalties Tuesday to resolve federal investigations into payments for recreational trips for Chinese government officials, in…

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Ming Yang enters Into Definitive Merger Agreement for Going Private Transaction

ZHONGSHAN, China, Feb. 3, 2016 /PRNewswire/ — China Ming Yang Wind Power Group Limited (“Ming Yang” or the “Company”) (NYSE: MY), a leading wind energy solution provider in China, today announced that it has entered into a definitive merger agreement…

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Mindray announces Extraordinary General Meeting of Shareholders

SHENZHEN, China, Jan. 19, 2016 /PRNewswire/ — Mindray Medical International Limited (“Mindray” or the “Company”, NYSE: MR), a leading developer, manufacturer and marketer of medical devices worldwide, announced today that it has called an extraordinary general meeting of shareholders (the…

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Cayman Islands liquidation firm appointed in alleged hedge fund fraud

By Georgina Wilcox Due to a lack of insolvency expertise in Anguilla the Cayman Islands firm of Chris Johnson Associates Ltd were asked to accept the position as court appointed liquidators of Maven Assurance Ltd that had over $80m sent…

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Home Loan Servicing Solutions, Ltd

Home Loan Servicing Solutions, Ltd. rReports EPS of $0.76 and Net Income of $54.1 Million in the second quarter of 2014 and declares monthly dividend of $0.16 per share GEORGE TOWN, Grand Cayman, July 17, 2014 (GLOBE NEWSWIRE) — Home…

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Waterton announces extension of offer to Chaparral shareholders

TORONTO, May 7, 2014 /PRNewswire/ – Waterton Precious Metals Fund II Cayman, LP (” Waterton “) announced today that the cash offer by Waterton Precious Metals Bid Corp. () Offer “) to acquire all of the outstanding common shares of…

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Vantage Drilling Company Reports First Quarter 2014 results

HOUSTON, TX — (Marketwired) — 05/06/14 — Vantage Drilling Company (“Vantage” or the “Company”) (NYSE MKT: VTG) reports net income for the three months ended March 31, 2014 of $24.8 million or $0.07 per diluted share as compared to a…