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  1. Esprit to leave US, Canada?

    Posted Aug 20th 2011, 12:00am

    ... May Chan may.chan@scmp.com Esprit Holdings, the Hong Kong listed clothing retailer, may be rethinking its businesses in North America and Asia, analysts said yesterday. The company is considering the possible sale of its operations in the US and Canada, according to Bloomberg, which cited three people familiar with the matter. Patrick Lau, Esprit's senior vice-president ...

  2. PetroChina quits deal for Canada gas firm stake

    Posted Jun 23rd 2011, 12:00am

    ... Eric Ng eric.mpng@scmp.com PetroChina has walked away from a C$5.4 billion (HK$43 billion) stake acquisition in a natural gas project in Canada after it failed to reach agreement ... PetroChina said it had agreed to pay C$5.4 billion for a 50 per cent stake in Encana's Cutbank Ridge unconventional gas development project in western Canada. It was subject to due diligence ...

  3. Suspect in bank fraud surrenders

    Posted Jan 31st 2012, 12:00am

    ... after seven years of self-imposed exile in Canada. Li Dongzhe, 45, is said to have played a key role in the fraud from 2000 to 2004, Xinhua reported yesterday, quoting a statement from ... smuggling case in Xiamen, Fujian, was repatriated from Canada in late July, after fleeing the mainland for 12 years. Meanwhile, Zeng Hanlin, 66, a millionaire who fled to Canada in 2004 ...

  4. Husky eyes second listing in HK

    Posted Jun 24th 2011, 12:00am

    ... Capital Markets, Goldman Sachs, HSBC and JP Morgan. Husky had filed plans with regulators giving itself the flexibility to sell up to C$3 billion of new shares in Canada and US$3 billion of shares in the United States. The offer price is a 4 per cent discount to the last traded price of C$28.14. 'Our equity fund-raising in Canada is the right thing for Husky at this hour,' said Husky ...

  5. CNOOC in US$15b deal to snap up Canadian giant

    Posted Jul 24th 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com China National Overseas Oil Corporation, the mainland's dominant oil and gas producer, will pay US$15 billion for Canada-based Nexen in what would ... Exchange. CNOOC and Nexen have been partners in an oil sands project in Canada for about a year and have an oil exploration project in the Gulf of Mexico. Nexen's board has approved the deal ...

  6. PetroChina invests in Qatar natural gas project

    Posted Jul 27th 2012, 12:00am

    ... billion for all of Canada's Nexen, which develops conventional oil and gas in Europe and Africa, as well as oil sands and shale oil and gas in North America. China Petrochemical, parent of Sinopec, also announced a US$1.5 billion deal to buy 49 per cent of Canada-based Talisman Energy's British unit, gaining access to oil and gas fields in the North Sea. 40% PetroChina bought ...

  7. Eternal sunshine of the spotless mine

    Posted Feb 06th 2012, 12:00am

    ... would make it the largest IPO globally so far in 2012. The roadshow is set to start today and pricing is slated for February 14. The company is based in Calgary, Canada. So what is it doing tapping Hong Kong investors for funds? Cleary there is a need in China for the abundant oil reserves and resources that lay in its vast pits. Canada is said to have the world's third-largest ...

  8. City's a hit with expats for its friendliness, global survey finds

    Posted Nov 26th 2009, 12:00am by Dennis Eng

    ... The Expat Explorer survey, commissioned by HSBC Bank International, ranked Hong Kong 10th in the world and fourth in the Asia-Pacific region among 26 overseas destinations. Canada topped the list ... industries and 50 countries. The first survey last year ranked Germany, Canada and Spain as the top three countries offering the best lifestyle for expatriates. 'What is clear ...

  9. CNPC wins right to work oil sands in Alberta

    Posted Jun 30th 2007, 12:00am by Eric Ng

    ... China National Petroleum Corp, parent of Hong Kong-listed PetroChina, has won its first licence to develop oil-sand fields in Canada, in the process becoming the first mainland oil company ... Canada's National Post last week reported that CNPC would be developing the project independently. It quoted CNPC's external relations director Zhang Xin as saying that the land involved ...

  10. Sinopec sees soaring profits

    Posted Apr 11th 2007, 12:00am by Eric Ng

    ... Eric Ng China Petroleum & Chemical Corp (Sinopec), the world's third-largest oil refiner by capacity, expects first-quarter earnings to surge more than 50 per cent, after reporting a better than expected 30 per cent jump in net profit last year. ...




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