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  • September 19, 2014
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  1. Inspur placement to raise HK$443m for acquisitions

    Posted May 27th 2009, 12:00am by Nick Westra

    ... to fund acquisitions, sources said, as the market for equity fund raising remains strong. The company marketed 310 million shares at HK$1.385 to HK$1.43 each and covered the book during Asian ... and Commercial Bank of China and China Construction Bank Corp among its clients. Inspur reported in March an eightfold increase in profit to HK$311.63 million. The company has made six acquisitions ...

  2. GreaterChina Tech rises on acquisition proposal

    Posted Jul 03rd 2009, 12:00am by Staff Reporter

    ... Wong Ka-chun Shares in medicine company GreaterChina Technology surged as much as 78 per cent in early trade yesterday, as investors cheered the company's proposed acquisition ... cents each to fund potential investments. The company will be renamed Coolpoint Energy after the acquisition is complete. ...

  3. Acquisition income helps lift China Telecom profit 51.9pc

    Posted Mar 18th 2004, 12:00am by Ben Kwok

    ... Ben Kwok China Telecom Corp is gearing up for a second round of asset acquisitions next month with plans to raise more than HK$23 billion in the equity market, keeping it one step ahead of rival China Netcom Corp. The mainland's No1 fixed-line operator yesterday said it would issue 8.31 billion shares, or about 11 per cent of its issued capital, to fund the acquisition ...

  4. Zijin may raise funds for acquisitions

    Posted Apr 09th 2005, 12:00am by Andy Chen

    ... Andy Cheng Mainland gold miner Zijin Mining Group will decide in July whether it will raise funds for its acquisition strategy. Chairman Chen Jinghe said yesterday the group, which runs the mainland's largest gold mine, planned acquisitions in Russia, Mongolia and other regional countries. 'If a large-scale acquisition is to be done, we may raise funds, possibly through new ...

  5. Fortune Reit sells shares to fund retail acquisitions in HK

    Posted Jun 16th 2005, 12:00am by Staff Reporter

    ... The proceeds will be used to finance the acquisition, announced in March, of six retail properties in Hong Kong for $3.4 billion, which will almost double the value of Fortune Reit's portfolio. ... said Yung Yu-ming, a fund manager with Ara Asset Management (Singapore), which manages Fortune. 'Our acquisitions don't necessarily come from Cheung Kong. What we are looking ...

  6. Yanzhou breaks acquisition drought

    Posted Jul 08th 2004, 12:00am by Eric Ng

    ... acquisitions in almost four years, to be financed by the placement of up to HK$1.69 billion in new shares on the back of its recent share-price rally. The deal underscores the boom ... prices of its export contract with Japanese customers and China's strong power demand. 'While the new acquisitions might not contribute much to the company's top line in the near ...

  7. Sino Land eyes up to US$534m placement

    Posted Nov 09th 2010, 12:00am by Yvonne Liu

    ... market,' the analyst said. 'So they will make a smaller placement first and then may follow up with another.' He believes the proceeds will be used for land acquisitions to take advantage ...

  8. How the saga unfolded

    Posted Jan 27th 2011, 12:00am by Irene Jay Liu

    ... Irene Jay Liu July 2009 Stanley Ho suffers a fall at home, leading to surgery to remove a blood clot from his brain and a long spell in hospital. Over the next 18 months, family members repeatedly say Ho is recovering, but he makes just two public appeara ...

  9. How the elderly tycoon found out he was poor, and what he did about it

    Posted Jan 27th 2011, 12:00am by Staff Reporter

    ... Neil Gough When the phone rang in the South China Morning Post's Causeway Bay newsroom on the morning of January 7, the caller made an offer that no journalist could refuse: would you like an exclusive interview with Stanley Ho Hung-sun? That morning ...

  10. BBMG Corp stock rises 3.7pc on Shanghai listing and merger plans

    Posted Jan 19th 2011, 12:00am by Toh Han Shih

    ... Toh Han Shih Shares of BBMG Corp rose 3.7 per cent to HK$11.10 yesterday after the mainland cement producer issued its prospectus on its plans to list in Shanghai through a merger. BBMG would issue 410.4 million A shares at 9 yuan (HK$10.60) each, with a ...




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