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  • October 22, 2014
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  1. A wake-up call for corporate China

    Posted Apr 02nd 2004, 12:00am by Staff Reporter

    ... the risks associated with widespread corporate fraud in China. One incident reported in the China Life audit involved a subsidiary firm that borrowed four million yuan from a local savings ... and there is no sign of a better corporate governance mechanism. Foreign investors are not as willing to suffer in silence. If the past record is a guide, China Life will have a tough time ahead. Although ...

  2. KCRC plan to build Southern Link railway approved

    Posted Jun 24th 2005, 12:00am by Staff Reporter

    ... LAI YING-KIT Updated at 4.30pm: The Chief Executive in Council on Friday approved the Kowloon-Canton Railway Corporation's (KCRC) plan to build the Southern Link railway- which will run through urban areas in West Kowloon. A government spokesman said the 3.8 kilometre-long underground railway would link the West Rail's Nam Cheong station with the East Rail's ...

  3. Trans-Asian railway threatened by strained Thai-Cambodian relations

    Posted Nov 26th 2009, 12:00am by Luke Hunt

    ... lines from the Thai border to Phnom Penh and then south to the deep water port at Sihanoukville. China Railway Group is currently conducting a feasibility study to build a new line linking Phnom ... Luke Hunt in Phnom Penh The diplomatic crisis between Thailand and Cambodia is threatening completion of a key link in the US$15 billion Trans-Asian railway running from Kunming ...

  4. Railways ministry eyes restructuring

    Posted Jul 30th 2004, 12:00am by Staff Reporter

    ... Andrew K. Collier in Beijing In preparation for a spin-off, the agency may be split into a regulatory body and a commercial entity China's Ministry of Railways is considering a plan ... scale.' China Railways Special Cargo Service, one of three firms the ministry set up last year as part of the sector's restructuring, told Dow Jones Newswires that a plan was in the works ...

  5. New corporate restructuring law in HK 'will be welcomed'

    Posted Nov 25th 2009, 12:00am by Staff Reporter

    ... it can be made to work in all circumstances, as it depends on showing, in general terms, a danger to assets.' 'The Companies (Corporate Rescue) Bill, which would have introduced ... of the mainland's new company rehabilitation law in the Ferro China case. However, Cooper does not see the mainland's new bankruptcy law as a complete solution. 'There is a lack of transparency ...

  6. Mainland firms embrace a new corporate culture

    Posted Jan 29th 2005, 12:00am by Staff Reporter

    ... group vice-general manager of China Vanke, a prominent mainland property developer. 'Relatively speaking, Chinese corporate culture has more blemishes,' Mr Xie said. 'In western ... to accept and imitate the corporate culture and policies of overseas corporations, especially in the areas of enhanced management transparency and greater respect for individuals. The traditional ...

  7. Experience is corporate fixer's best asset

    Posted Jul 14th 2003, 12:00am by Staff Reporter

    ... or - in what might be thought of as a kind of corporate euthanasia - preparing the way for a painless death. A&M gained its start in the United States in the early 1980s, when the country's ... management department, it was an invaluable lesson in corporate hardship and the psychology of an economic collapse. 'The peso almost went berserk [after the 1983 moratorium],' said Mr ...

  8. French ad firm plans takeover in China push

    Posted Mar 29th 2005, 12:00am by Staff Reporter

    ... the combined resources, it is the intention of JCDecaux to grow its presence in the outdoor advertising market' in the mainland. CLSA and Anglo Chinese Corporate Finance are the advisers ... 'MediaNation is leading the market in China's transport sector and street furniture. It is a platform for JCDecaux to enter China.' JCDecaux Pearl & Dean is the advertising agent for MTR ...

  9. KPMG on track for Agricultural Bank mandate

    Posted Jul 22nd 2004, 12:00am by Staff Reporter

    ... a source said. KPMG had also been hired by China's Ministry of Railways as listing auditor, ahead of a possible public spin-off of some of its railway assets, the source added. The ministry previously said it would enlist capital markets to help reform the rail sector. A spokesman for KPMG declined to comment yesterday on either appointment. China Railway Container Transport Co (CRCTC), ...

  10. Sharp rise in profit at property company

    Posted Mar 07th 2011, 12:00am by Ana Wang

    ... Ana Wang Sunac China Holdings announced a 111.8 per cent surge in gross profit to 2.88 billion yuan (HK$3.40 billion) for the year ended December 31, up from 1.36 billion yuan a year earlier. The company said that its gross profit margin grew 15 percentage points to 43.3 per cent. During the year under review, Sunac China Holdings maintained steady development and realised ...




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