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  • September 19, 2014
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Results 1 - 2 of 2 for honghua

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  1. Honghua to buy stake in Chengdu Jinkong

    Posted Feb 01st 2011, 12:00am by Eric Ng

    ... Eric Ng Sichuan-based Honghua Group, a big producer of land-based oil and gas drilling rigs, has agreed to pay 30 million yuan (HK$35.48 million) for a 15 per cent stake in Chengdu Jinkong ... by Chengdu Investment, an enterprise of the municipal government. It provides guarantees on bank loans obtained by machinery purchasers from state banks. Honghua's sales have been hurt ...

    http://www.scmp.com/article/737341/honghua-buy-stake-chengdu-jinkong
  2. Rig-maker takes another loss

    Posted Jan 11th 2011, 12:00am by Eric Ng

    ... Eric Ng Honghua Group, a Sichuan-based producer of land-based oil and gas drilling rigs, saw its share price dive after it said last Friday it expected to post a net loss for last year after a loss of 127.34 million yuan (HK$149.09 million) in 2009. Its shares closed 13 per cent lower at HK$1.07. Honghua blamed the loss on weaker than expected demand, yuan appreciation ...

    http://www.scmp.com/article/735394/rig-maker-takes-another-loss

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