Seven newly listed cos plunge on SEBI order

Market regulator SEBI on Wednesday passed interim ex-parte orders against seven recently listed IPO companies based on the findings of preliminary investigations on receipt of information of irregularities from various sources. The preliminary investigations was carried out by Prashant Saran, whole time member, SEBI against PG Electroplast, Brooks Laboratories, RDB Rasayans, Taksheel Solutions, Tijaria Polypipes, Onelife Capital Advisors and Bharatiya Global Infomedia.The preliminary Read more [...]

New Year’s Eve events

La Torretta The lakefront resort rings in the new year with a country-style celebration featuring the Scooter Brown Band and headliners the Josh Ward Band. Package options include $125 per person, inclusive of dinner, live entertainment and open bar from 10 p.m. to 12:30 a.m.; the Country Style New Year’s Eve Package includes two tickets to the New Year’s gala, deluxe suite accommodations with late checkout and valet parking for $299 plus tax; or the Country Read more [...]

Kwame Brown sells Playa del Rey home

NBA player and former Laker Kwame Brown has sold his house in Playa del Rey for $1.65 million. The open-floor-plan house had been on and off the market since 2008 when it was listed for sale at $2.999 million or for lease at $12,000 a month. The current listing stated the home had sustained water damage on the main level and needed a new roof, windows, doors and Read more [...]

Government-run firms may be listed on TAIEX: TSE chief

Schive made the remarks during a forum yesterday targeting specifically heads of the island's publicly traded firms. According to Schive, a total of 12 foreign firms have come to Taiwan for primary listing this year, while nine have been approved to issue Taiwan depository receipts. Meanwhile, 41 overseas firms are currently being instructed on getting listed in Taiwan, Schive said, adding next year more Japanese firms are expected to list on the island. Taiwan's trade environment appeals to European Read more [...]

Former UNI official charged with theft for alleged ticket fraud

John GogolaUPDATE: The former assistant director of the University of Northern Iowa’s event ticketing operation has been charged with first-degree theft after a state audit showed he siphoned nearly $19,000 from the university and patrons.John D. Gogola, 44, is accused of diverting $18,891 from UNItix, a centralized system for selling tickets to sporting events and other performances.The 99-page audit report, released Wednesday, says Gogola made 284 improper transactions from Aug. 1, 2008, to Aug. Read more [...]

3 St. Joseph Post Offices Listed for Sale

Three St. Joseph post offices are up for sale.The post offices are on a new website by the United States Postal Service listing properties for sale across the country.There are four post office buildings in Missouri listed.The three in St. Joseph are the post offices on South 8th, South 10th and Olive Streets.The U.S. Postal Service is planning to close more than 3,000 post offices next year in an effort to downsize.To view a list of postal properties for sale click here. Read more [...]

For QH, plenty of land to cultivate in the new year

PROPERTY The listed developer Quality Houses Plc (QH) will launch 23 projects worth 21.4 billion baht in 2012, focusing on middle- and low-end markets, condos and upcountry areas, but holding off on new land plots until the second half. Suwanna Buddhaprasart, director and senior executive vice-president, said the company spent a large sum on new plots of land over the past two years, with an investment of 5 billion baht in 2011. The current number of plots, totalling more than 20, should Read more [...]