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Briefs, September 27, 2012

PUBLISHED : Thursday, 27 September, 2012, 12:00am
UPDATED : Thursday, 27 September, 2012, 3:25am

Real Gold Mining's debt restructuring okayed

Real Gold Mining, suspended from Hong Kong trading since May last year following a report about accounting irregularities, said 84 per cent of its public shareholders approved an agreement to restructure debt owed to it by Wu Ruilin, who, with associates, controls 41.2 per cent of the gold producer. Bloomberg


HKEx official named chief of joint venture

Hong Kong Exchanges and Clearing head of market data Bryan Chan was appointed chief executive of a joint venture among the bourses of Hong Kong, Shanghai and Shenzhen. China Exchanges Services aims to offer index-related derivatives. Enoch Yiu


Samsung, Google to discuss patent cases

A top-level meeting between Samsung Electronics and Google, the US developer of the Android operating system for mobile devices, is set for this week in Seoul and will likely focus on the South Korean company's patent disputes with Apple, the Korea Times reported yesterday. Bien Perez


Longfor pays 1.47b yuan for Beijing site

Longfor Properties beat two other bidders, including China Vanke, to win a residential site in Beijing for 1.47 billion yuan (HK$1.81 billion), about 8.7 per cent above the opening bid, in a government land auction. The site allows a total gross floor area of 66,293 square metres. Sandy Li


Brightoil shares slide on drop in earnings

Shares of Brightoil Petroleum, the mainland's only privately owned fuel supplier to ocean-going vessels, slid 12.3 per cent to HK$1.42 yesterday after it posted on Tuesday a 75.7 per cent year-on-year fall in net profit for the first half. Eric Ng