Briefs, September 27, 2012
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
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
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 reported yesterday. Bien Perez
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
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
