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  • November 23, 2014
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  1. Goodman in joint venture to develop logistics assets

    Posted Aug 19th 2009, 12:00am by Sandy Li

    ... as a junior partner in its new joint venture with the Canada Pension Plan Investment Board. 'We will look for opportunities in Beijing and Tianjin, and leverage on our Hong Kong office to expand ... as the formation of a joint venture with the Canadian pension fund manager, financed with an initial investment of US$132 million. The pension board holds an 80 per cent stake with the balance held ...

  2. Manulife unit buys into joint-venture fund house

    Posted Nov 25th 2009, 12:00am by Staff Reporter

    ... a joint-venture fund house on the mainland for Euro105 million (HK$1.22 billion). The company said it bought the stake from Fortis Bank. The acquisition is expected to be competed in the first quarter of next year. The joint-venture fund management company will be renamed Manulife Teda Fund Management. 'The new entity gives the company a fast-track entry into the China asset management ...

  3. Chery to invest US$500m in Argentine joint venture

    Posted Feb 02nd 2009, 12:00am by Kandy Wong

    ... to emerging markets. The Anhui-based carmaker, which has set up a joint venture with Argentina's Socma Group, plans to sell 50,000 vehicles in the local market in 2011 and total sales are projected to reach 100,000 units by 2012, according to an Argentine government official quoted by Xinhua. The new plant is expected to create 2,000 jobs in Argentina and the joint venture ...

  4. 50b yuan Sino-French nuclear power joint venture in Taishan launched

    Posted Dec 22nd 2009, 12:00am by Eric Ng

    ... Eric Ng The country's largest nuclear power joint venture has started with the 50 billion yuan (HK$56.78 billion) plant in Taishan in the Pearl River delta. The inauguration ceremony for the 3,500-megawatt Guangdong Taishan Nuclear Power Joint Venture between the world's largest nuclear power plant operator Electricite de France and state-owned China Guangdong Nuclear Power Holding took ...

  5. Joint venture seen as weakening steelmakers' bargaining power

    Posted Jun 06th 2009, 12:00am by Carol Chan

    ... their bargaining power. Rio and BHP, the world's second- and third-largest iron ore producers, yesterday reached a non-binding agreement to set up a 50-50 joint venture covering their Western Australian operations that is expected to save the firms at least US$10 billion. BHP will pay Rio US$5.8 billion under the deal. The joint venture will leave China, the world's biggest steel ...

  6. Air China joint venture to serve up better meals

    Posted Feb 13th 2009, 12:00am by Charlotte So

    ... Air China's parent company has formed a 1 billion yuan (HK$1.13 billion) catering joint venture in an effort to improve the mainland industry's in-flight meals. Zhang Lanhai, a director of the venture, China Aviation Investment, said the company aimed to become the mainland's biggest in-flight catering provider. China National Aviation Holding, which owns ...

  7. BlueChem may buy parent's stake in joint venture

    Posted Mar 28th 2009, 12:00am by Eric Ng

    ... joint venture billed as the country's largest compound fertiliser producer. Speaking after announcing a 12.91 per cent gain in net profit to 1.63 billion yuan (HK$1.85 billion) for last year, chief financial officer Quan Changsheng said the venture ran a plant in Qinhuangdao, Hebei province, with an annual output capacity of 1.2 million tonnes. Compound fertiliser comprises ...

  8. Tsang to unveil joint ventures with mainland

    Posted Oct 03rd 2009, 12:00am by Staff Reporter

    ... Fanny W. Y. Fung in Beijing Chief Executive Donald Tsang Yam-kuen said his policy address would introduce joint measures with the mainland to fight drug abuse, promote cruise tourism ... to develop joint travel routes.' The chief executive said the discussions did not mean he was consulting mainland departments for his policy address. Tsang said his time with Vice-President Xi ...

  9. SAIC venture cuts car prices by 12pc

    Posted Feb 18th 2009, 12:00am by Kandy Wong

    ... Kandy Wong Shanghai Volkswagen, the joint venture of SAIC Motor Corp and Volkswagen, has cut selling prices by up to 12 per cent in an effort to boost slowing sales. The new Touran ... which is a joint-venture partner of Jilin-based First Auto Work Group, sold 1.024 million cars last year, up 12.5 per cent from 2007. ...

  10. Shui On Land and Dutch firm in Wuhan venture

    Posted Jul 10th 2009, 12:00am by Sandy Li

    ... Sandy Li Shui On Land has formed a strategic partnership with a Dutch property giant by selling a 50 per cent stake in a proposed shopping centre in Wuhan for 750 million yuan (HK$850.8 million) in an effort to speed up the project's development. The joint venture with Redevco, an Amsterdam-based firm that owns Euro7.2 billion (HK$77.98 billion) worth of investment property ...




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