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  • November 28, 2014
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  1. SMIC in back-end joint venture

    Posted May 04th 2005, 12:00am by Stuart Biggs

    ... STUART BIGGS Shanghai chipmaker Semiconductor Manufacturing International Corp (SMIC) yesterday announced it will establish a US$100 million joint venture with Singapore's United Test and Assembly Centre (UTAC) to provide semiconductor assembly and packaging services in Chengdu. SMIC will invest US$51 million for a 51 per cent stake in the joint venture, which will test and package ...

  2. Joint venture to fund mainland SMEs

    Posted Apr 11th 2005, 12:00am by Staff Reporter

    ... with a European development bank to offer financing to small and medium-sized enterprises in interior provinces. Value Partners will set up a joint venture with FMO, a development bank 51 per cent-owned ... he added. Nanno Kleiterp, chief operating officer at FMO, said the joint venture would limit its investment targets to companies that adhered to environmental and corporate governance ...

  3. Alliance eyes China fund joint venture

    Posted Jul 31st 2004, 12:00am by Staff Reporter

    ... manager Alliance Capital Management on setting up a mainland fund joint venture. If successful, the deal would allow Alliance to establish its first footprint in China's underdeveloped ... venture. Ping An and Alliance officials could not be reached for comment yesterday. Foreign players can establish a foothold in China's mutual fund industry only through joint ventures ...

  4. Joint venture in doubt after website sold

    Posted Dec 31st 2003, 12:00am by Staff Reporter

    ... Sidney Luk A joint venture between AOL and Legend Group faces an uncertain future after the domain name for its co-managed website was sold to a Xiamen-based portal. The two companies ... said: 'We used to own that portal. We are still looking into the matter.' In June 2001, Legend and AOL announced a joint venture to offer internet dial-up, broadcasting and portal ...

  5. Sino Prosper to set up gas joint venture

    Posted Feb 14th 2005, 12:00am by Staff Reporter

    ... Nichole Chan Hong Kong-listed Sino Prosper and its subsidiary Sino Prosper Gas will invest 125 million yuan in a natural gas joint venture with mainland petroleum-product distributor Lang Fang Development. The venture will have registered capital of 50 million yuan, with the Hong Kong shareholder contributing 47.5 million yuan for its 95 per cent stake and Lang Fang Development ...

  6. Business - Companies - PROPERTY

    Swire Properties to invest 12b yuan in more mainland joint ventures

    Posted Sep 21st 2012, 12:00am by Sandy Li

    ... Sandy Li in Beijing sandy.li@scmp.com The two joint deals,in Shanghai and Chengdu, will add to the 18b yuan committed so far Swire to invest 12b yuan in more mainland ventures Swire Properties plans to invest a further 12 billion yuan (HK$14.7 billion) in two joint-venture commercial developments, in Shanghai and Chengdu, over the next four years. "By 2016, our mainland ...

  7. Business - Commodities - ENERGY

    China electricity meter market ranks high for Echelon joint venture

    Posted Jan 07th 2013, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Mainland market for advanced electricity readers attracts as governments slash buying Echelon smart meter joint venture sets sights high The mainland's ... market last year by forming a 51 per cent-held venture with Jiangsu-based Holley Metering. The venture will serve the mainland and overseas markets. Zhejiang Echelon Holley Technology obtained ...

  8. GE and Shenhua in gasification joint venture

    Posted May 11th 2012, 12:00am

    ... Daniel Ren in Shanghai Ren.wei@scmp.com General Electric has set up a 50-50 gasification joint venture with Shenhua Group, the country's largest coal producer, as the US conglomerate further consolidates its foothold in China. The signing of the joint venture- which will specialise in a technology that converts coal into a synthesis gas- came just three days after GE announced ...

  9. Poor year for Joint ventures on mainland

    Posted Nov 07th 2011, 12:00am

    ... of the joint ventures set up by international investment banks on the A-share market have yet to secure a single underwriting business so far this year. According to data from Thomson Reuters, only four of the existing Sino-foreign joint venture investment banks, including that of UBS Securities, secured underwriting deals for A-share initial public offerings in the first 10 months. ...

  10. TPV and Philips confirm LCD TV joint venture

    Posted Nov 11th 2011, 12:00am

    ... display (LCD) televisions after acquiring the loss-making TV business of Royal Philips Electronics. Dutch electronics giant Philips agreed to transfer its TV business into a joint venture ... deliver 'a well-established sales and distribution network without significant set-up costs [for TPV]'. The joint venture will be responsible for the design, manufacturing, distribution, ...




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