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Why Newell Brands Inc. (NWL) Is Among the Best Household Stocks to Buy According to Hedge Funds
ALL INDIVIDUALS WHO PURCHASED NEWELL BRANDS INC. COMMON STOCK BETWEEN OCTOBER 28, 2016, AND NOVEMBER 1, 2017
Neway Valve (603699.SH): The fundraising investment project "New Valve Manufacturing Capacity Project" has been completed.
On March 24, Gelonghui announced that Neway Valve (603699.SH) revealed that as of the date of this announcement, the "new valve manufacturing capacity project" has been completed. Based on the company's actual production and operation situation, the company intends to conclude the fundraising project. As of the date of this announcement, the balance of the special account for raised funds is 8.6902 million yuan, which will continue to be kept in this account to pay for part of the equipment warranty and final payment.
Newell Brands Inc. Stock Underperforms Tuesday When Compared To Competitors
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Neway Valve (603699.SH): plans to invest approximately 11 million USD to set up a wholly-owned subsidiary in Saudi Arabia.
On March 11, Gelonghui reported that Neway Valve (603699.SH) announced that in order to quickly respond and timely meet the needs of local overseas owners, better serve customers, increase the company's market share, and enhance market competitiveness, it plans to establish a wholly-owned subsidiary Neway Industrial Co., (provisional name, subject to approval by relevant departments) in Saudi Arabia through its wholly-owned subsidiary NEWAYVALVE (SINGAPORE) PTE. LTD., with an investment of approximately 1.
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