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  • November 24, 2014
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  1. Mainland rail firm in push for global growth

    Posted Aug 04th 2009, 12:00am by Toh Han Shih

    ... Friday to design and build a 471.5-kilometre railway in the Latin American nation. Mainland railway companies, aided by the Ministry of Railways and the Ministry of Commerce, will continue ... company,' said the website of China Railway Group, the Hong Kong and Shanghai-listed subsidiary of China Railway Engineering. It said the deal represented 'a breakthrough... in the overseas ...

  2. Toll-road firm sets route for recovery

    Posted Mar 23rd 2009, 12:00am by Toh Han Shih

    ... In addition, Zhejiang Expressway planned to expand its securities business into more Chinese cities, he said. The company owns a majority stake in Zheshang Securities, which has a presence in several ... and toll-road company.' The firm incurred a 316.21 million yuan loss from the proprietary stock trading of subsidiary Zheshang Securities, last year, a major factor in Zhejiang Expressway's ...

  3. HK$11b merger to integrate port assets in Tianjin

    Posted Mar 17th 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih Tianjin Port Development Holdings yesterday agreed to buy 56.81 per cent of Shanghai-listed sister company Tianjin Port Holdings for HK$10.96 billion in a deal making it the largest single-location port operator listed in Hong Kong. After the deal is completed, the seller, Tianjin Port Group, will replace Hong Kong-listed red chip Tianjin Development Holdings ...

  4. China South wins 1.6b yuan orders

    Posted Nov 13th 2008, 12:00am by Toh Han Shih

    ... the mainland government. The Ministry of Railways awarded the state-owned company the contracts on Tuesday, the same day that ministry official Yang Zhongmin said 500 billion yuan had been budgeted ... Locomotive,' said Barry Chan, an analyst at CSC Securities HK. Mr Chan expects the company to receive more than 50 per cent of the mainland's orders for train carriages, as the market is dominated ...

  5. Asian M&A values fall amid subprime crisis

    Posted Sep 10th 2008, 12:00am by Toh Han Shih

    ... Toh Han Shih Asian mergers and acquisitions fell steeply in July and last month as the region's vulnerability to the subprime crisis in the United States and Europe hit home. The value of mergers and acquisitions in Asia fell 17.3 per cent year on ye ...

  6. State firms plan tie-up to form car parts giant

    Posted May 26th 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih Three state-owned companies in Shandong- two diesel engine manufacturers and a maker of earth-moving equipment- said yesterday they planned to merge to form a giant vehicle, ... companies' results.' The merger could possibly help realise Weichai Holdings' ambition of becoming a leading international vehicle parts company with revenue of 100 billion yuan (HK$114 ...

  7. Firms to pay 21m yuan for copying bus design

    Posted Jan 22nd 2009, 12:00am by Toh Han Shih

    ... to a foreign company under intellectual property laws. The Beijing court ordered the firms to pay MAN Group's Neoplan Bus 20 million yuan in damages plus 1.16 million yuan in costs, said mainland ... the design of Neoplan's Starliner model, said Chinacourt. The court ordered an immediate halt to production and sales of the buses. The ruling is expected to strengthen foreign companies ...

  8. Wang Sing resolves local supply dispute

    Posted Oct 06th 2003, 12:00am by Toh Han Shih

    ... an executive director of Wang Sing, Weng Shao-bo, owned most of the two companies, leading to a dispute between Mr Weng and Wang Sing after orders to the subcontractors were cut. In October, Mr Weng ... and Hai-an county in Jiangsu province. Through their efforts, Wang Sing settled the case, with Mr Weng's two companies agreeing to pay Golden Harbour a net 19 million yuan (HK$17.8 million) ...

  9. Hopewell still in running for bridge project

    Posted Sep 11th 2008, 12:00am by Toh Han Shih

    ... to HK$2.39 billion, of which net toll revenue dropped 15 per cent to HK$1.72 billion, the company said yesterday. Net profit rose 48 per cent to HK$2 billion. Excluding a HK$973.59 million gain from ...

  10. Saipan sweatshops no barrier to work-hungry

    Posted Jan 15th 2005, 12:00am by Toh Han Shih

    ... Thai's parent company, Tan Holdings Corp, is the biggest tax payer and private employer on the island. Other than the garment factory, which was opened by the company's Malaysian founder Tan ...




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