ACR-News
16 September 2005

Hisense in Kelon take-away

HISENSE Air Conditioner Co has bid $111m for the 262 million shares owned by Greencool in fellow Chinese manufacturer, the troubled, Kelon. Guangdong Greencool is Kelon's largest shareholder with a 26.43% stake.
Last month, Kelon's chairman Gu Chujun, and four other Kelon executives were detained by Chinesauthorities on suspicion of committing 'economic crimes'. Kelon subsequently fired Mr Gu whom securities regulators said they suspected of overstating the company's profit since 2002. Gu owns 60% of Guangdong Greencool.

World Refrigeration Day

Industry has embraced the inaugural World Refrigeration Day (WRD) with events happening all over the world....

  25-Jun-2019

Humidity Solutions recognised in Parliamentary Review

Humidity Solutions has been featured in the September release of the Parliamentary Review which highlights the best practice of organisations across both private and public sectors....

  17-Sep-2019

New NOVUS I/O Module Leads Industry 4.0 to DIN Rail

DigiRail Connect can be used as a slave device in Modbus RTU networks that have RS485 interface or as a server device in Modbus TCP networks that have Ethernet.
  09-Sep-2019
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