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  • October 26, 2014
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  1. BBMG Corp stock rises 3.7pc on Shanghai listing and merger plans

    Posted Jan 19th 2011, 12:00am by Toh Han Shih

    ... 2009 attracted five cornerstone investors, including sovereign wealth fund China Investment Corp, which bought US$35 million worth of stock, and a company controlled by Malaysian tycoon Robert ... Toh Han Shih Shares of BBMG Corp rose 3.7 per cent to HK$11.10 yesterday after the mainland cement producer issued its prospectus on its plans to list in Shanghai through a merger. BBMG ...

  2. Huawei and ZTE Corp on shortlist for Pakistan telecoms sell-off

    Posted Sep 08th 2004, 12:00am by Staff Reporter

    ... Hui Yuk-min in Busan, South Korea The Pakistan government will soon invite foreign companies, including Chinese equipment suppliers Huawei Technologies and ZTE Corp, to participate ... in China- to the carrier. Both Huawei and ZTE declined to comment at this stage on the privatisation plans for PCTL. The ministry will finalise its decision on how big a stake to sell to foreign ...

  3. China Shipping invests in vessels to raise capacity

    Posted Aug 27th 2003, 12:00am by Annette Chiu

    ... 'About 20 per cent of the investment will be funded by bank loans. The company will pay for the rest in cash.' China Shipping on Monday reported an interim net profit of 460 million yuan, up ... client China Petroleum and Chemical Corp began using pipelines to reduce transport costs. ...

  4. Saudi firm plans to invest in China facilities as part of expansion

    Posted Oct 05th 2004, 12:00am by Eric Ng

    ... Eric Ng Despite cheaper costs in the Middle East market, Sabic will find savings on burgeoning transport fees Saudi Basic Industries Corp (Sabic) plans to invest in petrochemical ... that China's policy of encouraging local production for import substitution would also favour Sabic's investment. BP, Royal Dutch/Shell Group and ExxonMobil have petrochemical plant construction ...

  5. US firms thrive on rising China investments

    Posted Jun 30th 2010, 12:00am by Kristin Jones

    ... for what China might achieve. As a result, even cash-strapped local governments are making their own investments in attracting Chinese firms. Georgia is one of more than four dozen American ports, ... a lot of state offices starting to open, with the primary focus on promoting foreign direct investment.' Lately, the memory of fiascos like CNOOC's 2005 bid for Unocal Corp was fading, ...

  6. China Unicom to invest 100b yuan for 3G launch

    Posted Aug 26th 2008, 12:00am by Staff Reporter

    ... for the six months ended June rose 103 per cent to 4.42 billion yuan. Unicom, which is preparing to merge with fixed-line carrier China Netcom Group Corp as part of the central government's ... Frederick Yeung Firm aims to extend network to 50 first-tier cities in 2 years China Unicom, the nation's smallest mobile operator, plans to spend 100 billion yuan (HK$114 billion) ...

  7. China Overseas Land buys 24pc of Shell Electric

    Posted Sep 16th 2009, 12:00am by Peggy Sito

    ... Peggy Sito China Overseas Land & Investment's plans to take control of unlisted developer China Everbright Real Estate Development have taken a big step forward with the purchase ... to Inner Mongolia. China Overseas Land, together with parent company China State Construction Engineering Corp, both controlled by the Ministry of Construction, acquired a 30 per cent stake based ...

  8. VK Corp braves overcrowded mobile market to expand in China

    Posted Dec 29th 2003, 12:00am by Staff Reporter

    ... handsets in China last year. VK Corp chief executive Yi Cheol-sang predicted mainland handset makers in the low-end segment would find it difficult to survive next year after the company launched ... cent of sales. Earnings are expected to reach $20 million to $30 million next year, up from about $5 million this year. VK Corp will need to triple its headcount from 500 staff in China ...

  9. Beijing guides to cut overseas investment risk

    Posted Apr 11th 2009, 12:00am by Staff Reporter

    ... its profile rise amid the global financial crisis, with western countries lobbying Beijing to increase overseas purchases and investments. 'China knows how to deal with calls for its overseas investment,' said Mei Xinyu, a researcher at the ministry's Research Institute of Foreign Trade and Economic Co-operation. 'China isn't likely to respond to those ...

  10. Mainland's taste for outbound investment gains momentum

    Posted Jun 05th 2004, 12:00am by Staff Reporter

    ... domestically. However Andy Rothman, a Shanghai-based analyst with Credit Lyonnais Securities Asia, predicted that outbound investment would accelerate in coming years. 'China is at the very early ... but as China's private sector develops, companies will start behaving like private firms around the world, making strategic investments and acquisitions abroad.' Chief among the mainland's ...




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