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Results 1 - 10 of 18 for anshan

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  1. Panva Gas buys stake in Anshan utility

    Posted Dec 25th 2004, 12:00am by Georgina Lee

    ... Georgina Lee Panva Gas Holdings subsidiary Panriver Investments will buy 51 per cent of Anshan City Gas in Liaoning province for 70.49 million yuan. Anshan City Bureau will retain a 19 per ... this year. The company, Anshan Panva Gas, will have 30 years' exclusive operation rights in Anshan for gas fuel and piped-gas network operation and management. Panva said the acquisition would ...

  2. Anshan Steel puts US plan on hold

    Posted Aug 20th 2010, 12:00am by Eric Ng

    ... Eric Ng Anshan Iron & Steel Group, one of the mainland's top producers of the alloy, has put its plan to invest in a US steel plant on hold in the face of political opposition. ... opportunities in raw material procurement, sales network build-up and plant construction,' Chen said yesterday. Anshan agreed in May to pay US$175 million for a 14 per cent stake in a construction ...

  3. Panva lifts interest in Anshan gas venture

    Posted Mar 25th 2005, 12:00am by Denise Tsang

    ... to 81 per cent worth 111.96 million yuan. The decision to raise its stake in the project in Anshan came after a former partner, Shanghai Jian Shi Hai Jia Investment, backed away from a committed purchase of of a 30 per cent interest in the project for 41.46 million yuan. Panva, committed to a 51 per cent interest for 70.49 million yuan in the Anshan City Gas project, yesterday said ...

  4. Shares in Panzhihua Steel units surge on takeover expectations

    Posted Aug 16th 2008, 12:00am by Carol Chan

    ... Carol Chan The shares of Panzhihua Iron & Steel Group's three Shenzhen-listed units jumped their 10 per cent daily limit yesterday on speculation Anshan Iron & Steel Group is planning a takeover after revealing that it has bought at least 1.33 billion yuan (HK$1.51 billion) worth of shares in the companies. Liaoning-based Anshan Steel, the parent of listed Angang Steel, ...

  5. Once a graveyard for state-run industry, Liaoning is struggling back to prosperity

    Posted Jul 17th 2008, 12:00am by Staff Reporter

    ... of the country than any other region,' said one official in the steel town of Anshan. 'There never would have been a boom in the coastal cities if not for the bust in the northeast.' While ... in 2003, cities from Shenyang to Anshan have bulldozed old factories and replaced them with residential towers and shopping malls. The SOEs that survived have nearly all been transformed ...

  6. In Brief

    Posted Sep 11th 2008, 12:00am by Staff Reporter

    ... Anshan Iron pays 1.46b yuan to raise stake in Panzhihua units Anshan Iron & Steel Group spent 1.46 billion yuan (HK$1.67 billion) raising its stake in Panzhihua Iron & Steel ... for the initial stake in Panzhihua New Steel & Vanadium, Sichuan Changcheng Special Steel and Chongqing Titanium. Anshan Steel is providing financial support for Panzhihua Steel's group ...

  7. Wugang acquisition given green light

    Posted Jan 04th 2005, 12:00am by Eric Ng

    ... of an internal restructuring to streamline the company and reduce intra-group competition and connected transactions. Rivals Shanghai Baosteel Group and Anshan Iron and Steel Group are undergoing similar ... it the nation's second-largest steel producer, behind Shanghai Baosteel Group and ahead of Anshan. Wugang is also in merger talks with Chongqing Iron and Steel and Zhejiang province-based Hangzhou Iron ...

  8. Shougang to renew bid for stake in miner

    Posted Nov 04th 2008, 12:00am by Carol Chan

    ... in Australian miners to secure resources. Anshan Iron & Steel Group, the mainland's second-largest steelmaker, plans to boost its stake in Australian partner Gindalbie Metals by buying A$162 million worth of new shares instead of providing debt financing. Gindalbie did not say how much of a stake Ansteel would end up with if the deal went ahead. Anshan Steel currently holds 12.6 per ...

  9. Baosteel may buy Panzhihua Steel in Sasac-sanctioned bid

    Posted Jul 28th 2008, 12:00am by Carol Chan

    ... to buy out Panzhihua Steel will be a shock to Liaoning-based Anshan Iron & Steel and Hubei-based Wuhan & Iron Steel, both of which are also under the control of Sasac, as they have long been interested in a merger with Panzhihua Steel. Anshan Steel promised in May to provide funds to support Panzhihua Steel's listing plan, which included injecting its production ...

  10. Yihe Real Estate puts projects on sale in HK

    Posted Jan 16th 2010, 12:00am by Peggy Sito

    ... housing project in Anshan, Liaoning province. Yihe Real Estate bought the site in November for 1.2 billion yuan (HK$1.36 billion). Total investment, including the land cost, is about five billion ...




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