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  1. London holds long-term lure

    Posted Feb 01st 2004, 12:00am by Stephen Seawright

    ... it is really for the safety of your money and it's for the long term.' While Chris Beale, a director of financial planners Clearwater International, said: 'London, if you're taking ...

  2. Business - Companies - ELECTRONICS

    Proview International plans a comeback

    Posted Dec 24th 2012, 12:00am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Proview hopes to buy amid delisting Proview International hopes to stave off delisting from the Hong Kong stock exchange and jump-start its moribund ... exchange earlier this month, Proview International chairman Sun Min said the company has engaged merchant bank Yu Ming Investment Management as financial adviser to assist in its efforts to comply ...

  3. Tax implication of retirement payments

    Posted Apr 04th 2010, 12:00am by Staff Reporter

    ... to the two shareholders/directors and will there be any taxation involved if it does? We would highly appreciate your advice. Cindy Miller If Company A writes off the loan owed to Company B, ...

  4. Cosco International in quest for fuels firm

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

    ... Keith Wallis Cosco International, the shipping services subsidiary of the mainland's largest shipping company, might complete the purchase of marine fuels company China Marine Bunker (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 ...

  5. HK plans flight into international market by seat of its pants

    Posted Dec 06th 2010, 12:00am by Simpson Cheung

    ... The humble aircraft seat may be Hong Kong's ticket to enter the fiercely competitive international aviation industry. With a HK$10 million grant from the Innovation and Technology ... on the international market, but Li thought the Hong Kong version could be sold at a competitive 20 per cent discount. Production could begin in 2012, he said. According to Li, aircraft seats have a lifetime ...

  6. Business - Companies - ACQUISITIONS

    Shuanghui Intl's Smithfield purchase may raise US hackles

    Posted May 30th 2013, 12:00am by Reuters

    ... Reuters in Hong Kong and New York US pork giant bought by mainland meat firm China’s Shuanghui International plans to buy Smithfield Foods Inc for US$4.7 billion (HK$36.5 billion) to feed a growing Chinese appetite for US pork, but the proposed takeover of the world’s No. 1 producer has stirred concern in the United States. The transaction, announced on Wednesday, would rank ...

  7. International powerhouse

    Posted Nov 13th 2009, 12:00am by Elizabeth Turner

    ... The collectors' watch market is truly global, according to industry observers, as a widened customer base from emerging countries has sparked a new wave of interest for timepieces. Tim Bourne, international co-head of Christie's watch department, said that today's collectors were more diverse than ever and the market offered plenty of room for newcomers. He ...

  8. Automated plans to speed up expansion

    Posted Apr 28th 2010, 12:00am by Staff Reporter

    ... hardware and services sales. Lai, however, noted that the improving economy helped the company grow in the January-March period, when it generated HK$28.8 million in profit before taxation ... infrastructure business, which is based on sales of hardware such as computer servers and storage systems. Market research firm International Data Corp forecast the mainland information-technology ...

  9. Business - China Business - ACQUISITIONS

    New China Life joins ICBC to deny plan to join US$4.2b AIG deal

    Posted Dec 15th 2012, 12:00am by Charlotte So

    ... deal billed as the largest Chinese acquisition of an American company. It denied agreeing to join the consortium involved in the purchase of aircraft leasing company International Lease Finance Corporation (ILFC) from American International Group (AIG). The Industrial and Commercial Bank of China (ICBC), the mainland's largest bank, had already denied any role in the deal, with bank ...

  10. Business - China Business

    Shirble Department Store shapes up after audit finds loopholes

    Posted Dec 07th 2012, 12:00am by Celine Sun

    ... enhanced internal controls after its auditor found management loopholes in its sourcing and property acquiring process, which led to a delay in announcing its financial results. The Shenzhen-based ... the [company's] audit committee is of the view the group had various internal control weaknesses," said Yang Xiangbo, the chairman and acting chief executive of the company. The accounting firm said ...




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