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  • October 2, 2014
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  1. Construction nightmare in Mid-Levels

    Posted Feb 11th 2011, 12:00am by Chloe Lai, Yvonne Liu

    ... the footpaths narrowed by construction material that take up half the walkway. There is a building boom in Mid-Levels. And for the first time in 30 years, Ho feels deprived of a liveable environment. ... is shaken by piling work. The park is a bit further away from the construction work. It is the only place where I can have peace. 'Whenever I am at home I feel like I am experiencing a minor ...

  2. Hold-ups in construction of Taishan nuclear power plant

    Posted Jul 31st 2010, 12:00am by Eric Ng

    ... and French electricity company EDF the rest. According to the venture's public relations material, it has been carrying out preparatory work for units three and four at Taishan, and construction ... that such a start date would not be feasible,' Liu told journalists at a site visit to units one and two. His comments came after major construction delays elsewhere on two reactors using the same ...

  3. Delving into the murkiness of Construction Bank deal

    Posted May 16th 2009, 12:00am by Shirley Yam

    ... premier as a mentor, that still raises some eyebrows. I am talking about the sale of a stake in China Construction Bank Corp by its capital-strapped strategic investor, Bank of America Corp, ... fixing. That's what most people and even bankers assumed with the Bank of America deal. Given the bank's financial condition, the need to sell down Construction Bank had long been ...

  4. Construction Bank buys AIG unit for US$70m

    Posted Aug 13th 2009, 12:00am by Staff Reporter

    ... Fulton Mak China Construction Bank Corp is buying a unit of financial conglomerate American International Group for US$70 million, its first acquisition outside the mainland in about three years. The deal, being conducted by China Construction Bank (Asia) Corp, a wholly owned subsidiary of the world's third-largest bank by market value, also involves repayment of loans ...

  5. Construction Bank 'interest' in Indonesian lender lifts shares 3pc

    Posted Jul 24th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu Shares in China Construction Bank, the country's largest mortgage lender, jumped more than 3 per cent yesterday after a newspaper reported the lender may buy a 20 per cent stake in an Indonesian bank. Construction Bank was eyeing a stake worth about 6.23 trillion Indonesian rupiah (HK$5.3 billion) in Bank Negara Indonesia, Indonesia's fourth-largest ...

  6. China Railway Construction triples profit to 1.5b yuan

    Posted Aug 26th 2008, 12:00am by Kandy Wong

    ... Kandy Wong and Jonathan Yang China Railway Construction Corp, a major railway builder on the mainland, said first-half profit more than tripled, thanks to the country's push to expand ... increased 12.5 per cent to 79.78 billion yuan from 70.94 billion yuan. China Railway Construction said it clinched 1,175 new contracts in the period valued at 137.62 billion yuan, up 117 per cent ...

  7. Construction Bank pushes 50b yuan sale of bad assets

    Posted Mar 18th 2004, 12:00am by Staff Reporter

    ... Andrew K. Collier in Beijing The mainland lender will offload stakes in troubled firms amid efforts to cut non-performing loans ahead of listing China Construction Bank (CCB) intends to sell 50 billion yuan worth of shares in troubled companies as it ramps up non-performing asset disposal, senior bank executives say. The decision to sell such equity, which CCB acquired ...

  8. Construction rivals merge to tap mainland power

    Posted Oct 08th 2004, 12:00am by Eric Ng

    ... project opportunities arising from China's fast-growing construction of energy infrastructure, such as oil and gas pipelines and power plants. Worley chief executive John grill said: ...

  9. Bank to give HK a miss for IPO

    Posted Sep 28th 2009, 12:00am by Wang Xiangwei

    ... Construction Bank (CCB), the Industrial and Commercial Bank of China (ICBC), and Bank of China (BOC), and list both in Hong Kong and Shanghai, seen as a necessary initial step to becoming ...

  10. CRCC limits Mecca rail losses to 1.38b yuan

    Posted Jan 24th 2011, 12:00am by Toh Han Shih

    ... Toh Han Shih Analysts have hailed the sale of a loss-making light rail project in Saudi Arabia by China Railway Construction Corp (CRCC) to its parent company as beneficial for the firm's shareholders. On Friday, CRCC sold the light rail project in Mecca to its state-owned parent of the same name, which owns 61.33 per cent of CRCC, for 2.08 billion yuan (HK$2.46 billion), ...




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