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  • August 20, 2014
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  1. Revaluation loss hits Chinese Estates Holdings

    Posted Mar 24th 2011, 12:00am by Yvonne Liu

    ... Yvonne Liu Chinese Estates Holdings booked a big property revaluation loss last year, leading to a net loss of HK$8.86 billion during the period. The real estate investment holding company ... dividend of 99 HK cents a share. Taking a knock Chinese Estates Holdings suffered a net loss of this amount, in Hong Kong dollars, last year: $8.9b ...

  2. Business - Commodities - ENERGY

    China Gas, Sinopec near venture deals

    Posted Feb 21st 2013, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com China Gas, Sinopec near venture deals City natural-gas distributor China Gas, which fended off a hostile takeover bid last year from rival ENN Energy and oil and gas major China Petroleum & Chemical (Sinopec), has made stead ...

  3. Delays in Boeing delivery likely to hold back Cathay cargo expansion

    Posted Sep 10th 2010, 12:00am by Charlotte So

    ... Charlotte So Cathay Pacific's ambitions to expand its cargo division are likely to be hit by the delays in delivery of the new Boeing 747-8 freighter. Cathay along with other cargo carriers such as Nippon Cargo Airlines and Luxembourg-based Cargolux ...

  4. Business - Companies - TAKEOVERS

    Embattled China Gas in pact with Sinopec

    Posted Oct 17th 2012, 12:00am by Eric Ng

    ... in pact with Sinopec China Gas Holdings has rarely been out of the limelight in the past 22 months, thanks to its board row, police investigations of top managers, antagonistic shareholders ... withdrawal of a US$2.2 billion unsolicited takeover bid by a consortium of China Gas' rival ENN Energy Holdings and state-backed oil and gas major Sinopec, China Gas said it had now entered ...

  5. Business - Companies - TAKEOVERS

    Sinopec and ENN drop bid for China Gas

    Posted Oct 16th 2012, 12:00am by Sophie Yu, Denise Tsang

    ... hostile takeover bid for China Gas Holdings by a consortium that included the mainland's second-largest oil firm, China Petroleum & Chemical Corp (Sinopec), fell through yesterday. Ending 10 months of uncertainty over the takeover bid for the gas supplier, Sinopec and its ally ENN Energy Holdings said pre-conditions of the bid could not be met by yesterday's deadline ...

  6. Business - China Business - PROPERTY

    Chinese Estates builds reserves with sale of stake in Jiangsu joint venture

    Posted Sep 07th 2012, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Developer is selling off non-core assets to raise cash, as revenues are expected to be hit as a result of corruption case in Macau Chinese Estates sells stake in Jiangsu joint venture Chinese Estates Holdings - the Hong Kong-listed property developer at the centre of a corruption case in Macau - has sold its interest in a joint-venture project ...

  7. Sino Gold investor sells 19.9pc holding

    Posted Jun 04th 2009, 12:00am by Carol Chan

    ... Carol Chan Gold Fields, the world's fourth-biggest gold producer, has agreed to sell its entire 19.9 per cent stake in Hong Kong and Australia-listed Sino Gold Mining to Canada's Eldorado Gold Corp for US$282 million. Under the deal, Johannesbur ...

  8. Poor sentiment forces Beijing Auto to put listing plan on hold

    Posted Aug 23rd 2008, 12:00am by Kandy Wong

    ... Kandy Wong Beijing Automotive Industry Corp, the country's fifth-largest carmaker, is putting the brakes on its planned A-share listing, blaming weak market sentiment. 'We would prefer to list in the A-share market first but the market is now in ...

  9. Oil hub bid does not hold water

    Posted Jun 26th 2008, 12:00am by Eric Ng, Nick Westra

    ... Nick Westra and Eric Ng Experts say HK's importance as trading centre overestimated The government's ambitions to develop Hong Kong into an oil trading hub was met with scepticism yesterday by market observers who said that it overestimated the ...

  10. Outgoing Varitronix boss cuts holdings

    Posted Apr 20th 2005, 12:00am by Andy Chen

    ... ANDY CHENG The chairman of liquid crystal display (LCD) maker Varitronix International has sold most of his shares in the company as he prepares to hand over the reins to former Commercial Radio chief operating officer Tony Tsoi Tung-ho. Chang Chu-cheng, ...




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