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  1. Shui On seeks to fill 2b yuan gap for projects

    Posted Apr 17th 2009, 12:00am by Sandy Li

    ... billion yuan. Shui On proposed a final dividend of 1 HK cent per share and one bonus share for every 10 shares held. Mr Lo said the company would speed up construction of residential projects ...

  2. Gome founder Wong raises stake for HK$549m

    Posted Aug 01st 2009, 12:00am by Toh Han Shih

    ... Jasmine Wang and Toh Han Shih Wong Kwong-yu, the former chairman and largest shareholder of Gome Electrical Appliances Holding, bought 816.32 million shares of the mainland electric appliance retailer in an open offer, boosting his stake in the company he ...

  3. Market abuzz with rumours of Gome ex-boss joining open offer

    Posted Jul 27th 2009, 12:00am by Staff Reporter

    ... Jasmine Wang Whether Wong Kwong-yu, the embattled ex-chairman and largest shareholder of Gome Electrical Appliances Holdings will join the firm's open offer is as much a mystery as his whereabouts. Although it is widely believed Wong, under investiga ...

  4. 6b yuan eyed in Yunnan Copper's placement

    Posted Jul 24th 2009, 12:00am by Carol Chan

    ... Carol Chan Yunnan Copper Industry, the mainland's third-biggest smelter of the metal, plans to raise 6 billion yuan (HK$6.81 billion) through a share placement to buy mining assets from its parent and repay debt. The Shenzhen-listed company is the la ...

  5. China Eastern gets 7b yuan cash boost

    Posted Jul 06th 2009, 12:00am by Staff Reporter

    ... Wong Ka-chun China Eastern Airlines said yesterday it raised seven billion yuan (HK$7.94 billion) by selling new shares to its parent to strengthen its balance sheet amid a deteriorating operating environment. China Eastern Air Holdings, the parent of the ...

  6. Socam falls on plan to take unit private

    Posted Apr 08th 2009, 12:00am by Sandy Li

    ... Sandy Li Shares of Shui On Construction and Materials (Socam) fell after it proposed a high premium offer for the potential privatisation of its London-listed unit, China Central Properties. Socam, which owns 42.9 per cent of China Central, has proposed t ...

  7. Socam deal neatly illustrates the tycoon ethic in action

    Posted Apr 08th 2009, 12:00am by Tom Holland

    ... with Tom Holland Once, when asked the secret of his astounding business success, the late Saudi billionaire entrepreneur Sulieman Olayan replied: 'It's simple. I always take care that everyone I deal with makes a profit too. That way, they keep ...

  8. HSBC and rights-offer shares claim the top two turnover spots

    Posted Mar 24th 2009, 12:00am by Staff Reporter

    ... Wong Ka-chun and Maria Chan Shares in HSBC Holdings and its rights offering grabbed the top two spots in turnover on the Hong Kong stock exchange yesterday, accounting for 10 per cent of shares changing hands in a day of hectic trading. Turnover in HSBC s ...

  9. HSBC seeks US$17.7b in new funds

    Posted Mar 03rd 2009, 12:00am by Nick Westra

    ... Neil Gough, Maria Chan, Nick Westra and Wong Ka-chun HSBC Holdings will tap shareholders for US$17.7 billion in new funds and cut 6,100 jobs after its investment in the US subprime lending market resulted in a 70 per cent drop in 2008 net profits. Europe& ...

  10. HSBC rights issue draws HK$40b from 60,000

    Posted Apr 04th 2009, 12:00am by Enoch Yiu

    ... Maria Chan, Wong Ka-chun and Enoch Yiu Shares in HSBC Holdings ended flat yesterday after the closing of its rights issue, but at least 60,000 Hong Kong investors have committed to pay more than HK$40 billion for the discounted shares proposed by the Brit ...




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