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  1. Indian bank to open two more branches in China

    Posted Mar 07th 2012, 12:00am

    ... from booming Sino-Indian trade, which is expected to top US$100 billion in three years. Chairman Pratip Chaudhuri said yesterday that the largest bank in India was giving the China market ... believe the 21st century belongs to China and India.' Bilateral trade is valued at US$60 billion, and the chairman predicted the figure would hit US$100 billion in two to three years. Indian ...

  2. Sino-Ocean may book 4byuan from sales

    Posted Mar 29th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Beijing-based Sino-Ocean Land Holdings has locked in four billion yuan (HK$4.44 billion) in revenue from the sale of 337,440 square metres of residential and commercial space, ... for an average of 11,853 yuan per square metre. Sino-Ocean Land told analysts that it expected the average floor area price booked this year to be 30 per cent higher than last year. The developer did ...

  3. Sino Ocean draws key investors

    Posted Sep 11th 2007, 12:00am by Staff Reporter

    ... Wong Ka-chun and Tim LeeMaster Ten cornerstone investors, including Henderson Land Development chairman Lee Shau-kee, the Government of Singapore Investment Corp and Bank of Communications, have signed on for a US$240 million stake in mainland property developer Sino Ocean Land Holdings' initial public offering, which seeks to raise up to HK$11.9 billion in Hong Kong. ...

  4. Ocean Park eyes $4.1b loan to finance makeover

    Posted Apr 13th 2006, 12:00am by Staff Reporter

    ... Charis Yau The 29-year-old Ocean Park yesterday launched a $4.16 billion syndicated loan to partly fund its redevelopment scheduled to begin later this year, sources said. The blended ... and minimise interference to customers. According to the government's assessment, Ocean Park's redevelopment is expected to bring $23 billion to $28 billion over the first 20 years ...

  5. Foreign capital not a problem but just a drop in the financing ocean

    Posted May 01st 2006, 12:00am by Staff Reporter

    ... Jane Cai PENG GANG, Bank executive Overseas capital is not contributing to the rise in property prices on the mainland but the government could improve its capital market to accommodate the needs of the booming real estate sector, says Merrill Lynch Asia- ...

  6. Lawmakers call for details on terminal lease

    Posted Jun 07th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Lawmakers have criticised a land premium deal with Wharf Holdings and Wheelock for Ocean Terminal in Tsim Sha Tsui for being too low. The deal with the Lands ... of the government's Panel on Development, Professor Patrick Lau Sau-shing, seeking an urgent meeting on the issue. 'Ocean Terminal is a big project and it should be released for open bidding instead ...

  7. US$500m African oil stake attracts mainland producers

    Posted Mar 23rd 2009, 12:00am by Staff Reporter

    ... on the Indian Ocean. Heritage has said it may bring in partners for the US$2 billion project. Earlier this year, the company arranged a US$2 billion loan and raised US$550 million from a share placement ...

  8. Poor terms

    Posted Jun 16th 2012, 12:00am

    ... Albert Cheng The new lease for Ocean Terminal was signed this week. Before the old lease was up, the government announced last week that it would extend it for another 21 years and Wharf Holdings would need to pay a land premium of HK$7.9billion. Furthermore, the company will need to pay an annual government rent of 3per cent of the rateable value of the Ocean Terminal lot. When ...

  9. Chalco issues 5b yuan in one-year bills

    Posted May 09th 2011, 12:00am

    ... with an interest rate of 6 per cent. Sino-Ocean Land Holdings plans to raise US$400 million by issuing a 15-year bond, and China Liansu Group Holdings appointed JP Morgan and RBS to arrange a US$300 ...

  10. US company reveals scale of oil spill

    Posted Jul 15th 2011, 12:00am

    ... with China's CNOOC. Professor Gong Xiangzhong, a marine biologist with the Ocean University of China in Qingdao, Shandong, said yesterday that he had suspicions about the accuracy of the spillage ...




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