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  • August 21, 2014
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  1. New World TMT loses round in battle with US affiliate

    Posted Jul 22nd 2004, 12:00am by Michael Logan

    ... Michael Logan and Hui Yuk-min New World TMT has lost an early round in its legal battle with a 30 per cent-owned United States affiliate, after failing to gain control of more than US$340 ... of the company's contracts with PrediWave. According to court documents, the legal dispute began with a May 3 letter by New World TMT demanding return of all money invested in PrediWave and cancellation ...

  2. Hutchison opens road show with funding pledge

    Posted Sep 21st 2004, 12:00am by Staff Reporter

    ... Hui Yuk-min Conglomerate promises to invest up to US$1 billion in the spun-off unit if it needs fresh funds for future expansion Hutchison Whampoa may be able to book as much as HK$4 billion from spinning off its second-generation phone business, but the ...

  3. Zhejiang three aim for 2.2b yuan

    Posted Jan 20th 2005, 12:00am by Eric Ng

    ... Eric Ng Three Zhejiang companies aim to raise a total of up to 2.2 billion yuan through Hong Kong main board listings within the next two years. Hangzhou-based Greentown Real Estate Group vice-chairman Shou Bonian said his company was looking for a listing sponsor and had been in talks with JP Morgan. The 10-year-old company claims to be the largest property developer in the province ...

  4. Merrill shrugs off property bust fears

    Posted Feb 03rd 2005, 12:00am by Staff Reporter

    ... to Gregory Peng Gang, a senior representative of China business development for the company's global principal investments and secured financing arm. Merrill does not rule out raising its ...

  5. CAO wants more time to arrange creditor deal

    Posted Dec 08th 2004, 12:00am by Michael Dwyer

    ... by CAO comes amid signs that its Beijing-based parent company, China Aviation Oil Holding (CAOH), is keen to place much of the blame for the massive derivatives loss on its Singapore-listed ... executive, Chen Jiulin, in support of its initial request for a scheme of arrangements. 'The parent company was not informed about quite a lot of things,' Mr Yap said yesterday. Mr Yap said ...

  6. NSFocus tracks down bugs for global computer giants

    Posted Nov 09th 2004, 12:00am by Staff Reporter

    ... or organisations that confidentially report bugs in its programmes, work with it to develop software patches, and help the company disseminate that information once the threat has been eliminated. These parties are singled out, according to Microsoft, because they minimise the threat to customers everywhere by ensuring the company can fix the problem before malicious users even know a weakness ...

  7. Citic Pacific to finance tourism project

    Posted Nov 16th 2004, 12:00am by Annette Chiu

    ... project in the Boao region of Hainan. A deal will be signed in Hong Kong this afternoon between the Hainan provincial government and Beijing-based Citic Group, the parent company of the main ... will be held by Xiaoao Group, a mainland-based company, according to Song Yi, the mayor of Qionghai, the major city in the east coast area of the island. 'The agreement will be about the initial ...

  8. Techfaith gives up GEM for Nasdaq

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

    ... year and had hired Merrill Lynch as the sole book-runner and lead underwriter, they said. Two months ago, the company filed a listing application with the Hong Kong stock exchange for a Growth ... to sell 25 per cent of its enlarged share capital to the public, allowing for a total company valuation of US$800 million. China Everbright Capital, which was sponsoring Techfaith's original ...

  9. Momentum lifts index above the 14,500 barrier

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

    ... companies, including China Eastern Airlines and Huaneng Power International, issued profit warnings. A drop in oil prices also sparked further profit taking in PetroChina, resulting in a decline ... producer Unocal above the US$18.5 billion it has offered so far. 'Investors are worried that it may be playing the whole bank to get this one company,' said Herbert Lau, chief investment ...

  10. DEG seeks 20pc stake in Nanchong City lender

    Posted Jul 01st 2005, 12:00am by Elaine Chan

    ... Elaine Chan DEG, the private investment arm of the German government banking group KFW, is looking to buy up to 20 per cent of a Sichuan bank. The investment in Nanchong City Commercial Bank is worth several million US dollars, and marks the first by a Ge ...




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