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  1. Fujian bank eyes 16b yuan in IPO

    Posted Jan 23rd 2007, 12:00am by Staff Reporter

    ... equity funds and restricting entry into existing ones. The Fujian-based bank, which would also like to list in Hong Kong, had no plans to offer H shares at present, Li Renjie, the bank's ... from 2004 to mid-2006, and then by the public offerings of bigger peers last year. The lender, controlled by the Fujian provincial government, plans to expand organically and through ...

  2. Sinopec signs US$3.5b refinery deal

    Posted Aug 28th 2004, 12:00am by Eric Ng

    ... Eric Ng A subsidiary of the firm partners ExxonMobil and Aramco for the Fujian project A subsidiary of China Petroleum and Chemical Corp (Sinopec) has signed a long-awaited deal with foreign oil majors for a US$3.5 billion refining and petrochemical project in Fujian province. In a statement, Asia's largest oil refiner said its 50-50 joint venture with the Fujian ...

  3. Sinopec's US$600m venture taking shape

    Posted Apr 10th 2007, 12:00am by Eric Ng

    ... Eric Ng China Petroleum & Chemical Corp (Sinopec) will inject all its 750 petrol stations in Fujian province into its US$600 million joint venture with Saudi Aramco and Exxon Mobil Corp, according to the head of the US oil company's mainland operations. The injection would give the new venture, to begin operations in June, a 60 per cent share of the Fujian fuel retail ...

  4. Investors pile in to first share offering of the year

    Posted Jan 07th 2004, 12:00am by Staff Reporter

    ... looks petite compared with the public offers of Fujian Zijin Mining Industry and Great Wall Automobile, the two most popular IPOs last year in terms of subscription level. Fujian Zijin drew ... a Fujian-based vegetable and fruit processor, planned to raise a total of $192 million by placing 135 million new shares to institutional investors and offering 15 million shares to the public. ...

  5. More diligence due by IPO sponsors

    Posted Nov 03rd 2011, 12:00am

    ... The need for action has been highlighted by controversies about companies that get into trouble not long after listing. For example, shares in Fujian-based sports fabric maker Hontex International ...

  6. Regulators step up monitoring of listings

    Posted Dec 12th 2003, 12:00am by Enoch Yiu

    ... Enoch Yiu A dearth of prospectuses for the Fujian Zijin Mining Industry initial public offering (IPO) and other mishaps have prompted financial regulators to step up monitoring of listing ... prospectuses. His remarks followed reports Fujian Zijin had supplied just a limited number of prospectuses as its IPO began yesterday. The Securities and Futures Commission (SFC) said it might call ...

  7. Judge delays hearing on Hontex refund

    Posted Jun 16th 2011, 12:00am

    ... suspended trading of the Fujian-based fabric maker's stock on March 30 last year, 64 days after its listing, and won a court order to freeze the HK$997.4 million the company had raised through ...

  8. Scrutiny may end HK$100m offerings

    Posted Apr 27th 2012, 12:00am

    ... diligence when it sponsored the listing of Fujian-based sports-fabric maker Hontex International. The markets watchdog is also strengthening its power by seeking to pass a consultation paper ...

  9. To B or not to B? A question of reform

    Posted Aug 06th 2012, 12:00am

    ... Daniel Ren in Shanghai ren.wei@scmp.com Speculation that Beijing will drastically overhaul the nation's slumbering hard-currency B-share market has reached fever pitch as the plummeting price of one of the companies on the board sends the firm to the brink of delisting. Fujian-based electronics manufacturer Tsann Kuen (China) Enterprise has become a lightning rod ...

  10. Manager at KPMG accused of bribery

    Posted Apr 09th 2010, 12:00am by Naomi Rovnick

    ... International Holdings. The Fujian sports clothing firm was banned from accessing the HK$1 billion it raised in its December initial public offering after allegedly overstating its financial results. ... on March 30, at the SFC's request. The Fujian-based firm, run by Taiwanese businessman Shao Ten-po, who controls about 59 per cent of the company, said in its listing prospectus it produces ...




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