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  • November 1, 2014
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  1. Home Depot says store closures part of strategy to focus on core cities

    Posted Mar 31st 2011, 12:00am by Celine Sun

    ... 'That closure helped us find our strategy going forward. Now we will focus on two core markets in Tianjin and Xian. We'll grow from there, get leadership there and then move on to other ... made a decision [to close the stores] if they did not make sense from a commercial or financial perspective.' The decision was part of the company's plan to focus on the Tianjin ...

  2. TCL sells subsidiary to focus on flat-panel TVs

    Posted Jul 03rd 2010, 12:00am by Staff Reporter

    ... Bien Perez TCL Multimedia Technology Holdings, the mainland's biggest television maker, has generated a 70 million yuan (HK$80.3 million) gain after stepping up the disposal of non-core assets in line with its plan to focus on advanced flat-panel displays. The Tsuen Wan-based firm, part of electronics manufacturing giant TCL Corp, yesterday said the profit was from a deal ...

  3. Offshore focus promises quicker recovery for TSC

    Posted Apr 26th 2010, 12:00am by Eric Ng

    ... China National Offshore Oil Corp. TSC has also been focusing on growing in the offshore equipment market. It acquired Britain-based Global Marine Energy (GME), which designs and makes mechanical ...

  4. RBS strategy puts focus on HK, mainland

    Posted Mar 17th 2009, 12:00am by Staff Reporter

    ... and medium-sized enterprise businesses for sale. Instead, it has ambitions for further development. 'We will focus on wholesale banking and investment banking, where our strength rests. ... and focus on its troubled home market after the British government injected more than?0 billion (HK$440.13 billion) to bail the bank out. In January, RBS sold its entire 4.3 per cent stake in Bank ...

  5. Focus Media books loss from in-store display unit

    Posted Dec 11th 2008, 12:00am by Staff Reporter

    ... Frederick Yeung Focus Media Holding, the mainland's largest outdoor electronic display company, has booked a one-time loss of US$200 million in its fourth-quarter results after a display business bought last year failed to deliver its profit target. Focus Media bought in-store digital display operator CGen Digital Media in December last year for a cash consideration ...

  6. Focus Media's credibility at stake as it disappoints investors again

    Posted Nov 18th 2008, 12:00am by Sherman So

    ... Sherman So Focus Media Holding, the country's largest out-of-home media company, has irked investors who claimed the company kept issuing misleading revenue projections. 'They ... Stanley, have downgraded Focus Media to neutral or underperform. 'After a very high-profile investor conference in New York City in September, Focus Media missed its third-quarter guidance ...

  7. Focus Media reports deficit on mobile ad loss

    Posted Jun 07th 2008, 12:00am by Sherman So

    ... Sherman So Focus Media, the nation's largest digital media company, has reported its first-ever quarterly loss due to the shutdown of its mobile advertising business. It also lowered ... No1 source of mobile spamming in a programme broadcast by CCTV, the mainland's top television station, Focus Media had to restructure its mobile advertising business. It has disposed ...

  8. Geely Automobile to shift focus to hi-tech economy models

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

    ... Kandy Wong Geely Automobile will focus on increasing its economies of scale and selling more expensive hi-tech economy cars to boost profitability and offset rising costs this year. Li Shufu, chairman of the mainland's largest privately owned carmaker said production capacity would reach 400,000 units this year, up from an output of 300,000 units last year. ...

  9. Car parts maker shifts focus

    Posted Jun 16th 2005, 12:00am by Eric Ng

    ... Eric Ng Norstar says it will generate 20pc of profits from China market as global players relocate to mainland Mainland car parts exporter Norstar Founders Group will sell 20 per cent of its output to domestic buyers within three to five years, according ...

  10. Parent's limits to CAO rescue puts focus on division

    Posted Dec 16th 2004, 12:00am by Michael Dwyer

    ... Michael Dwyer in Singapore Tensions are emerging between China Aviation Oil (Singapore) Corp (CAO) and its Beijing-based parent over the latter's role in its restructuring efforts. At issue is how much financial aid state-owned China Aviation Oil Hol ...




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