The Hong Kong-based company, whose major shareholders are Citic Pacific and General Electric, plans to use the funds for the construction and launch of two new satellites, AsiaSat 6 and AsiaSat 8...
- Sun
- Mar 3, 2013
- Updated: 9:46pm
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Net income surged to 2.48 billion ringgit (HK$6.21 billion) for the three months ended December 31, from 772.9 million ringgit a year earlier. Revenue dropped 7 per cent to 4.49 billion ringgit....
Groupon fired Andrew Mason as chief executive on Thursday, ousting a co-founder who captured headlines with his quirky style but failed to reverse a crumbling share price or stop a gradual erosion...
Sunshine Oilsands, the first Canadian oil-sands operator to list shares on the Hong Kong exchange, is in "advanced" talks with joint-venture partners to boost production to a potential 1 million...
Citic Pacific saw its share price drop 5.5 per cent yesterday after analysts slashed profit estimates, following disappointing annual results and amid concerns that the company's Australian iron...
Panasonic named the first female board member in its 95-year history while trimming the executive ranks as the electronics company tries to lower costs and speed up decision-making after a record...
Mainland developer Beijing Capital Land has raised its sales revenue target for this year by two-thirds to 20 billion yuan (HK$24.9 billion), despite reporting a 14 per cent decline in underlying...
Macau casinos took in 27.08 billion patacas in gross gaming revenue last month, up 11.5 per cent year on year as the week-long Lunar New Year holiday on the mainland saw the arrival of large...
Asia Financial bounced back into the black last year following a large improvement in investment gains in the second half.
The company yesterday reported net profit of HK$403.8 million,...
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