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  • August 22, 2014
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  1. Construction giant CSCE reveals its global ambitions

    Posted Apr 21st 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih China State Construction Engineering Corp (CSCE), which had the world's biggest initial public offering last year, aims to be the world's biggest property construction firm and one of the 100 largest global companies by 2020. The ambitious plans were contained in an announcement posted on the Shanghai Stock Exchange website yesterday. The state-owned ...

  2. China Railway Construction all out to secure overseas contracts

    Posted Oct 20th 2009, 12:00am by Toh Han Shih

    ... Construction Corp is leading the way for mainland firms in an aggressive government-sponsored 'going out' strategy that has seen them secure contracts to construct railways, roads ... in Kunming, the capital of Yunnan province, President Hu Jintao urged the company to expand into international markets and become a top-tier global entity. For these large mainland construction ...

  3. Construction firm agrees to pay off protesting bar benders

    Posted Nov 18th 2008, 12:00am by Colleen Lee

    ... Colleen Lee More than a dozen construction workers laid off last week by a subcontractor protested yesterday outside a building site in Sha Tin demanding unpaid wages and payment in lieu of notice. The protest ended in the afternoon when the contractor- Hsin Chong-Yau Lee Joint Venture- agreed to immediately pay November wages of all 57 workers who had been laid off. The protesters ...

  4. Construction Bank gears up for a US$5b offering

    Posted Dec 13th 2003, 12:00am by Christine Chan

    ... to begin in earnest next year with the planned US$5 billion equity raising by China Construction Bank, according to sources. The share offering, which could be the mainland's largest, would ... of the deal, sources said. Morgan Stanley was a frontrunner to become a co-sponsor because of its eight-year partnership with China Construction Bank on CICC, a joint-venture investment bank. Citigroup ...

  5. HK firm linked to bribe claim

    Posted Mar 21st 2005, 12:00am by Michael Logan

    ... MICHAEL LOGAN Prosten Technology Holdings, a Hong Kong listed company, served as a conduit for a US$1 million bribe paid to former China Construction Bank (CCB) chairman, Zhang Enzhao, according to documents filed in a California court. The company is allegedly the middleman in a dispute pitting Beijing-based Grace & Digital Information Technology against its former United ...

  6. Building sector in the doldrums

    Posted Apr 13th 2005, 12:00am by Staff Reporter

    ... Ernest Kong and Foster Wong Demand for real estate is rising but there are few projects in the pipeline for the construction industry, so firms must diversify Hong Kong's real estate market may be booming but little prosperity is trickling down to Hong Kong's construction industry, which continues to face limited demand, compressed profit margins and high worker ...

  7. Chinese infrastructure firms' deals top US$5b

    Posted Mar 26th 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih Chinese infrastructure construction firms have recently won more than US$5 billion in contracts for Indonesia and Macau. China Railway Group won a US$4.8 billion contract ... Construction (CCC), a state-owned port construction firm, and China National Electric Equipment Corporation signed in Beijing a US$64.41 million contract to build a port for the Tanjung Awar-Awar ...

  8. 50b yuan Sino-French nuclear power joint venture in Taishan launched

    Posted Dec 22nd 2009, 12:00am by Eric Ng

    ... pressurised reactors nuclear plants have already started construction, in Finland and France, but none has started commercial operation. EPRis a rival technology to United States-based Westinghouse Electric's AP1000 technology, which will be deployed in other nuclear plants under construction in Zhejiang and Shandong provinces. In August last year, EDF and China Guangdong Nuclear signed a final ...

  9. KCRC poised to seal new station deal

    Posted Nov 20th 2004, 12:00am by Felix Lo

    ... Felix Lo Details are expected in a fortnight of a deal between the Kowloon-Canton Railway Corporation and Wharf Estates Development on construction of a railway station at Wharf's ... Secretary for Environment, Transport and Works Thomas Chow Tat-ming said the government now hoped to gazette construction early next month and for the railway to be operating by 2009. The link ...

  10. Pacnet in undersea cable venture

    Posted Jul 29th 2010, 12:00am by Staff Reporter

    ... New Zealand and the United States. The Hong Kong-based telecommunications service provider expects to complete construction and have the high-capacity, 13,600-kilometre fibre-optic cable ready ... and operate one of two fibre pairs in the system, and share responsibility for its construction, operations and maintenance costs. According to Pacific Fibre, the system will have five times ...




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