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  • July 13, 2014
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  1. PCCW to control telecoms unit following IPO

    Posted Mar 30th 2011, 12:00am by Staff Reporter

    ... a separate legal identity and is controlled by a so-called trustee manager, typically an affiliate of the company establishing the trust. Investors hold units rather than shares, and their liability is limited to the amount they paid for those units. PCCW said it was seeking to sell a minority stake in the units of such a business trust. 'The company would intend to retain a controlling ...

  2. Ping An takes control of SDB for 29b yuan

    Posted Sep 03rd 2010, 12:00am by Charlotte So

    ... Charlotte So Moving closer to its goal of becoming a financial conglomerate, Ping An Insurance (Group) has finalised the plan to obtain a controlling stake in Shenzhen Development Bank ... from 29.9 per cent, is seen as an inexpensive way for it to gain control of the bank, which is more profitable than its own banking arm, Ping An Bank. It would also help avoid competition ...

  3. Mob takes control of Taizinai factory over debt to builder

    Posted Jun 08th 2010, 12:00am by Naomi Rovnick

    ... Naomi Rovnick The bankruptcy of mainland dairy company Hunan Taizinai, whose investors include Goldman Sachs and Morgan Stanley, has descended into chaos. Its third-largest factory, in Huanggang, Hubei province, is being occupied by a 40-strong mob believed to be employed by a construction company Taizinai owes money to. The invaders 'have now occupied and taken control ...

  4. Smoking ban 'to halve entertainment venues'

    Posted Mar 27th 2009, 12:00am by Paggie Leung, Peter So

    ... Smoking was banned in most indoor places two years ago. Temporarily exempted, entertainment premises are due to fall into line on July 1. Tobacco Control Office head Ronald Lam Man-kin said ...

  5. French giant buys control of city's trams

    Posted Apr 08th 2009, 12:00am by Anita Lam, Celine Sun

    ... Celine Sun and Anita Lam A French multinational is taking over the running of Hong Kong's famed tramways after buying a 50 per cent stake in the business from conglomerate Wharf (Holdings). Announcing the deal yesterday, the two companies said they a ...

  6. Harbinger foils Sinosteel bid to take full control of Midwest

    Posted Jul 17th 2008, 12:00am by Carol Chan

    ... Carol Chan Iron ore trader Sinosteel Corp is unlikely to take full control of Midwest Corp, as United States hedge fund Harbinger Capital has boosted its stake in the Australian iron ore ... offer, would effectively block Sinosteel from taking full control of Midwest, as the mainland ore trader would need more than 90 per cent of all of Midwest shares to force the two to sell ...

  7. Coastal Greenland eyes controlling stake in A-share firm

    Posted May 12th 2008, 12:00am by Peggy Sito

    ... to make up by acquiring a controlling stake in an A-share company. The small developer, which listed in Hong Kong in 1997, announced on April 24 that it would inject its residential property ... Coastal Greenland subsidiaries that own 12 mainland projects and intellectual property rights. The proposal to swap the Coastal Greenland residential assets for a controlling stake in an A-share ...

  8. Better design and control gives edge to Merrill Lynch

    Posted Feb 22nd 2005, 12:00am by Chris Davis

    ... and risk control for all global emerging markets equity mandates. Merrill Lynch International Investment Funds (MLIIF) has more than US$25 billion assets under management. Nicholas Moakes, lead ... in personnel and increasing the DCM strategists' control of overall portfolio construction and risk control,' said Mr Moakes, who has been with Merrill Lynch for seven years. In recent weeks, ...

  9. Netcom to cement control in buy-back

    Posted Nov 07th 2003, 12:00am by Staff Reporter

    ... Netcom is hoping to end the fragmented nature of the assets under its control, and sort out the exact shareholding of their foreign investors which include News Corp and United States investment ...

  10. Netcom to cement control in buy-back after revamp

    Posted Nov 07th 2003, 12:00am by Staff Reporter

    ... arrangement, Netcom is hoping to end the fragmented nature of the assets under its control, and sort out the exact shareholding of their foreign investors which include News Corp and United States ...




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