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  • November 23, 2014
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  1. More than just part of the furniture

    Posted Dec 05th 2011, 12:00am

    ... Denise Tsang in Dongguan Denise.tsang@scmp.com In the heart of Chang'an Town, resembling an ivy-league college campus, is the ivy-covered red brick manufacturing complex of the high-end office furniture firm, Steelcase. From its elegant and campus-style production base in the southern tip of Dongguan city, the 99-year-old US company says hi-tech design and efficient ...

  2. Mainland furniture group calls for help

    Posted Dec 17th 2003, 12:00am by Mark O'Neill

    ... Mark O'Neill in Shanghai The China Furniture Association yesterday called allies in the United States- including importers, retailers and consumers- for help in fighting anti-dumping claims from US manufacturers. The group said it was market forces which set prices and not the government. 'After 20 years of reform, the furniture industry is run completely on market ...

  3. Warburg Pincus eyes Red Star Furniture stake

    Posted Jun 07th 2007, 12:00am by Staff Reporter

    ... Tim LeeMaster US private equity group Warburg Pincus is in talks to acquire a less than 50 per cent stake in Red Star Furniture Group, a mainland furniture retailer, a source said. ... in Hong Kong. Warburg took mainland furniture maker Kasen International Holdings to the Hong Kong IPO market in 2005, which raised US$123 million. It retains an 18.89 per cent stake ...

  4. EU anti-dumping threat scares furniture makers

    Posted Jul 14th 2006, 12:00am by Staff Reporter

    ... FA TSUI Updated at 6.27pm: Hong Kong furniture makers are concerned that the European furniture industry might soon lodge a complaint with the European Commission (EC)? and request anti-dumping measures against furniture products originating in the mainland. European furniture manufacturers have been voicing concern about the dumping of mainland-origin upholstered sofas and other ...

  5. CASH snaps up furniture stores

    Posted Feb 23rd 2006, 12:00am by Georgina Lee

    ... Georgina Lee Brokerage Celestial Asia Securities Holdings (CASH) has agreed to buy furniture retailers from its associate company for up to $140 million in a move aimed at better delineating the group's businesses. CASH said in a stock exchange announcement that its wholly owned unit Celestial Investment Group would buy Pricerite, a furniture retail chain that operates 30 ...

  6. Furniture exporters retain lawyers for US trade battle

    Posted Aug 13th 2004, 12:00am by Toh Han Shih

    ... Toh Han Shih Stung by the prospect of anti-dumping duties in the United States, furniture makers in Hong Kong and the Pearl River Delta have banded together to lobby the US government. They have done what any American firm would do if its business were threatened: retain lawyers. Two Hong Kong furniture associations- the Hong Kong Furniture & Decoration Trade Association ...

  7. Furniture maker to use half of IPO cash to pay loans

    Posted Oct 06th 2005, 12:00am by Staff Reporter

    ... Fiona Lau Target of $958m well short of original figure but should have impact on debt Kasen International Holdings plans to use half the funds it raises in its initial public share offering to repay bank loans, according to a company statement issued yesterday. The leather products and furniture manufacturer began marketing its up to $958 million offering yesterday, ...

  8. US slashes duties on furniture firms

    Posted Aug 06th 2004, 12:00am by Toh Han Shih

    ... Toh Han Shih The United States Department of Commerce has drastically reduced the anti-dumping penalties on 20 mainland-based wooden furniture makers after a recent review of the duties. ... denied separate rate status', the department's website said. However, 16 other Chinese furniture makers that applied for separate rates were still rejected. At present, 102 Chinese ...

  9. Furniture firm bosses flee owing 300m yuan

    Posted Mar 10th 2005, 12:00am by Staff Reporter

    ... Chow Chung-yan in Shenzhen Bosses of a Taiwanese-funded furniture company in Shenzhen have disappeared, leaving behind 300 million yuan in debts. The 2,900 employees are owed more than 3 million yuan in unpaid wages. Kangbeisi Limited had been plunged into financial crisis by a series of bad investments after rapid expansion. Ten days ago, its top management abandoned the company ...

  10. Giormani embraces a 'loving home concept'

    Posted Dec 13th 2011, 12:00am

    ... or on the mainland]. We decided to set up a brand for sofas that would fill this void.' Rather than just selling a piece of household furniture, Giormani embraces a 'loving home concept' ... of Furniture Designers in 2011. The awards are considered the 'Oscars' in furniture design.' ...




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