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  • August 23, 2014
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  1. Li & Fung acquires Van Zeeland as first-half profit climbs 17.7pc

    Posted Aug 14th 2008, 12:00am by Denise Tsang

    ... Denise Tsang Global trading group Li & Fung, which saw its first-half net profit jump 17.7 per cent to HK$1.24 billion, has agreed to take over New York-based handbag importer Van Zeeland for US$330 million to spur growth. Van Zeeland posted pre-tax net income of US$38 million last year and would contribute materially to the company next year, Li & Fung managing ...

  2. Van Shung Chong buys into Guangzhou mill

    Posted Mar 17th 2004, 12:00am by Eric Ng

    ... Eric Ng Steel distributor and processor Van Shung Chong Holdings has agreed to buy a majority stake in a steel plant in Guangzhou. The Hong Kong-listed firm said it would buy a 70 per cent ... The company will spend an additional $20 million to $30 million on modernising the facility and rationalising its operations. Van Shung Chong, for decades one of Hong Kong's largest steel ...

  3. Of magically inflated breasts, astounding flat prices and the big bluff

    Posted May 26th 2005, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp I CANNOT DENY the appeal of the messages to which I am treated when I watch television. Drink this cognac and you too can be a French pseudo-nobleman. Wear this watch and you too can be an English country gent. Most astonishing recently has been the selling pitch to women for an explosive breath lozenge, Fishermen's Friend. The starlet of the ad swallows ...

  4. Morgan Stanley quits Foshan asset

    Posted Mar 09th 2010, 12:00am by Peggy Sito

    ... in the core business area of Shanghai, for 2.45 billion yuan to Soho China. Morgan Stanley was unavailable for comment. Hon Kwok Land vice-chairman Herman Fung Man-hei said: '[They] asked if we ...

  5. ING mulls pulling out of mainland venture

    Posted Mar 09th 2009, 12:00am by Enoch Yiu

    ... to the mainland regulator's desire for it to focus on one joint venture. The news was announced by Hans van der Noordaa, the chairman and chief executive of ING Insurance and ING Investment ... to focus on one joint venture,' Mr van der Noordaa said. 'The regulator is pleased with the performance of our two joint ventures and has not pushed us too much. However, we were asked ...

  6. Room at the top

    Posted Mar 11th 2009, 12:00am by Yvonne Liu

    ... report that international film star Jean Claude Van Damme's uncle, Alex Van Damme, has sold two houses in Chuk Kok in Sai Kung for about HK$80 million or HK$19,523 per square foot. The two ...

  7. Mainland giant in talks to buy HOS flats

    Posted Sep 11th 2003, 12:00am by Chloe Lai, Peggy Sito

    ... units. Herman Fung Man-hei, managing director of Hon Kwok Land Investment, a medium-sized developer, said: 'It may not be good news for the property market ... Even if the developer has ...

  8. ING plans cautious expansion in Asia

    Posted Dec 22nd 2008, 12:00am by Staff Reporter

    ... environment, its top Asia-Pacific insurance head said. ING would also take a cautious approach to new hires 'except for top positions and the well-qualified', said Hans van der Noordaa, ... million to Taipei-based Fubon Financial in October. 'The capital commitment to that company was pretty extensive, and the return too low,' said Mr van der Noordaa. 'But at the same ...

  9. Travellers' checks

    Posted Mar 20th 2011, 12:00am by Adam Nebbs

    ... van den Born briefly took to the air above Sha Tin in his Farman biplane, most spectators, including the governor and various dignitaries, were already heading home for tea on the newly opened ...

  10. Turnaround on MPF joke a victory for placard wavers

    Posted Mar 03rd 2011, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp I propose to make a one-off injection of HK$6,000 into the MPF accounts of all MPF scheme members. Financial Secretary John Tsang Chun-wah, Budget speech, 2011 Of course he has now proposed to depropose it or repropose it or do something else to satisfy the placard wavers. But let's just examine why it was a bad idea anyway. With the Mandatory ...




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