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  • October 26, 2014
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  1. Business - Companies - BOARDROOM

    NVC Lighting chief Wu Changjiang fights dismissal as board row deepens

    Posted Aug 15th 2014, 11:47am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Wu Changjiang refuses to accept directors' move to oust him from lighting product maker NVC Lighting chief executive fights dismissal A boardroom tussle at NVC Lighting Holding, one of the mainland's largest lighting product makers, has deepened as chief executive Wu Changjiang digs in to fight his ouster from the post. NVC had ...

  2. Business - Companies - MANAGEMENT

    Troubled lighting firm NVC declares 'emergency' and moves headquarters

    Posted Aug 20th 2014, 11:41am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com NVC 'emergency' prompts shift to new headquarters NVC Lighting, one of the mainland's largest lighting product makers, which is embroiled ... "This action is being taken in order to ensure the efficient continued operation of the company, and to protect the interests of shareholders, employees, distributors, and suppliers," NVC ...

  3. Business - Companies - COMPANIES

    NVC Lighting shareholders vote 95pc to oust founder

    Posted Aug 29th 2014, 09:55am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com NVC Lighting votes to oust obstinate founder NVC Lighting's shareholders voted overwhelmingly to remove Wu Changjiang from all positions on the board ... board is] extremely irresponsible. I will defend my rights WU CHANGJIANG, NVC LIGHTING FOUNDER NVC's lawyers in Hong Kong and on the mainland have started legal proceedings against Wu, said ...

  4. Business - MANUFACTURING

    Troubled lighting maker NVC hit by production woes

    Posted Aug 18th 2012, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Factories of lighting maker in midst of management turmoil face problems getting raw materials Troubled NVC in production woes Troubles continue to plague NVC Lighting Holding, the Hong Kong-listed firm that issued an announcement on Tuesday listing a host of problems including resignations and disputes with its former chairman Wu Changjiang. ...

  5. Business - Companies - RESULTS

    NVC Lighting disputes 'may hurt' earnings

    Posted Aug 27th 2012, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Ongoing disagreements with former chairman Wu Changjiang could hit the HK-listed company's second-half results, analysts say NVC Lighting disputes 'may hurt' earnings NVC Lighting's disputes with its former chairman Wu Changjiang may have a limited impact on the Hong Kong-listed firm's first-half results, but could prove ...

  6. Business - Companies - MANUFACTURING

    NVC Lighting hit by strike threat

    Posted Aug 14th 2012, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Suppliers and distributors have reportedly cut deals with the Hong Kong-listed lighting manufacturer to support former chairman NVC Lighting hit by strike threat Suppliers have reportedly stopped dealing with Hong Kong-listed NVC Lighting amid growing tensions between the board and management. The company's management told an analyst, who ...

  7. Business - China Business - STOCKS

    Shares in crisis-hit NVC lose 25pc

    Posted Aug 16th 2012, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Boardroom battle, resignations, strikes and trouble with distributors send shares in NVC crashing down Over 25pc wiped off value of crisis-hit lighting firm More than 25pc wiped off value of crisis-hit lighting maker NVC NVC Lighting Holding shares lost more than a quarter of their value yesterday after the mainland firm disclosed a litany ...

  8. Business - China Business - BOARDROOM

    Talks with ex-chairman, resignation spark sell-off in NVC Lighting

    Posted Aug 29th 2012, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com News of Wu Changjiang's possible return and resignation of another director fuels sell-off Investors dump NVC on talks with ex-chief Shares of NVC Lighting Holding dropped yesterday after the firm said it was talking to its former chairman, Wu Changjiang, about his possible return to the company and following the resignation of yet another ...

  9. Business - Companies - LIGHTING

    NVC founder's share sale pushes down stock price

    Posted Dec 28th 2012, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Lighting manufacturer's former chairman sells most of his stake, leading to large price fall NVC founder's share sale pushes down stock price Shares in beleaguered NVC Lighting Holding dropped 9.3 per cent yesterday after announcing that its founder and former chairman Wu Changjiang is selling nearly two-thirds of his shares to Elec-Tech ...

  10. Business - China Business

    Business Digest, January 14, 2013

    Posted Jan 14th 2013, 12:00am

    ... NVC's former chief is back in the saddle Wu Changjiang, the founder of NVC Lighting, China's biggest lighting manufacturer, who quit as chairman amid a shareholder battle for control of the Hong Kong-listed firm, has been reappointed chief executive under a three-year contract from January 11, NVC announced yesterday. On August 14, NVC's board said it would ...




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