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  • April 19, 2014
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  1. Siemens takes control of telecom venture

    Posted Jan 14th 2004, 12:00am by Staff Reporter

    ... HUI YUK-MIN German industrial giant Siemens will pay US$24 million to take control of its network equipment joint venture from Beijing Enterprises, believing it can better serve customers with full management control. The deal is the final step in the German company's revamp of its mobile communications business in China, paving the way for further expansion. Siemens will boost ...

  2. Business - China Business - TECHNOLOGY

    Lenovo completes strategic acquisition in Brazil

    Posted Jan 04th 2013, 12:00am by BIEN PEREZ

    ... in Argentina run by partner Newsan Group, bought control of German consumer electronics maker Medion and launched a joint venture with NEC in Japan. ...

  3. Take charge of a car parts joint venture

    Posted Feb 25th 2006, 12:00am by Elizabeth Horscroft

    ... in vehicle parts manufacturing is looking for a controller. The firm, with revenue of more than Euro5 billion ($46.1 billion), has a number of multimillion-dollar contracts. Several joint ventures with Chinese companies are also in the offing, which will further boost the company's revenue. The multinational wants a controller who can act as a bridge between the multinational and its ...

  4. Business - Companies - TAKEOVERS

    Sinopec and ENN drop bid for China Gas

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

    ... "Which party will be the controlling shareholder in the joint ventures will depend on what contribution each side makes and what resources, experience and technology they bring to the new ...

  5. National pride drives plan for indigenous car

    Posted Apr 25th 2005, 12:00am by Mark O'Neill

    ... key technologies that we can go on using,' Mr Yin said. 'If you look at the history of these ventures, the technological development, production control and purchase of equipment ... artillery and rapid-fire guns. The plant moved to Nanjing and, in the late 1930s, to the wartime capital Chongqing after the Japanese army conquered much of eastern China. Li initiated ...

  6. Cosco International in quest for fuels firm

    Posted Mar 25th 2011, 12:00am by Keith Wallis

    ... (PetroChina) from parent Cosco by the end of this year. This emerged after financial controller Tony Lo Siu-leung said Cosco International planned to make a potential HK$3 billion investment in its ... the possible acquisition of a marine bunker supplier from Cosco. Chimbusco, a 50-50 joint venture between Cosco Group and PetroChina, is the only bunker oil supplier controlled by the parent company. ...

  7. Li flagships buy two mainland sites

    Posted Nov 30th 2010, 12:00am by Peggy Sito

    ... yuan (HK$3.01 billion). The companies, controlled by Asia's richest man, Li Ka-shing, yesterday bought a 320,000 square metre site in Dalian for 1.27 billion yuan. The site, located ... attributable land bank (including interests held directly and its share of interests held by joint ventures, associates and jointly controlled entities) is approximately 94 million square feet. ...

  8. Partners in talks to split China United assets

    Posted Jul 30th 2008, 12:00am by Eric Ng

    ... firms to be allowed to pursue coal bed gas development with foreigners. However, PetroChina jumped the gun by independently signing a co-operation agreement in July with Australia's Arrow ...

  9. M&A binge? Not going by figures

    Posted Mar 14th 2011, 12:00am by Eric Ng

    ... Materials Group as having estimated that Chinese interests control only 1 per cent of metals and minerals production outside China. But Pwc forecast this will change as mainland firms become more ...

  10. Alibaba chiefs quit after probe into sales fraud

    Posted Feb 22nd 2011, 12:00am by Toh Han Shih

    ... as a young internet company that might lack proper internal control in some areas. The company's actions demonstrate its adherence to high standards of integrity. The situation reminds us of [Chinese search engine] Baidu's lack of internal control over its sales force in 2008. Baidu eventually put proper checks and balances in place, and continues to enjoy solid growth.' ...




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