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  • September 3, 2014
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  1. PCCW strikes deal with Telstra to restructure assets in joint venture

    Posted Jan 27th 2011, 12:00am by Staff Reporter

    ... Bien Perez PCCW, Hong Kong's biggest telecommunications carrier, has forged a deal with Telstra International to restructure the assets in their 50-50 joint venture Reach Global Services, a submarine cable and satellite systems operator. In a filing with the Hong Kong stock exchange, PCCW said it would benefit from the restructuring in terms of 'increased operational ...

  2. Toshiba forms joint venture with TCL to expand flat-panel TV sales in the mainland

    Posted Jul 16th 2010, 12:00am by Staff Reporter

    ... Bien Perez With an eye to entering China's vast hinterland, Japanese conglomerate Toshiba Corp has formed a 50 million yuan (HK$57.32 million) joint venture with mainland electronics ... the joint venture will cultivate ties with smaller retailers and individual stores in lower-tier cities in the inland provinces, according to spokesman Keisuke Ohmori. Ohmori said the venture ...

  3. 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 ...

  4. Peugeot, Changan Auto to form joint venture

    Posted May 07th 2010, 12:00am by Staff Reporter

    ... Neil Gough French carmaker Peugeot Citroen is seeking to boost its modest presence in the world's largest car market by forming its second joint venture, a partnership with China Changan Automobile Group. Peugeot and Changan Auto, parent of Shenzhen-listed Chongqing Changan, said yesterday they had signed a letter of intent to form a 50-50 joint venture that would produce ...

  5. AirMedia plans joint ventures to secure growth

    Posted Aug 12th 2008, 12:00am by Sherman So

    ... Sherman So AirMedia Group, which operates the largest digital media network at mainland airports and aboard aircraft, plans to set up more joint ventures and secure long-term contracts to address investor worries about sustaining its triple-digit growth. 'We are forming joint ventures with airports and airlines so that our contracts can secure our concession rights in the long ...

  6. DHL may go outside venture for expansion

    Posted Sep 09th 2008, 12:00am by Charlotte So

    ... Charlotte So Global express courier firm DHL said it might team up with a mainland company other than existing partner Sinotrans to expand domestic services in the country. DHL formed a venture with Sinotrans in 1980 offering international courier services in the country. The domestic service was launched as a supplement to tap the mainland's rapid economic growth. The firm ...

  7. ICEA chief joins Goldman team

    Posted Sep 17th 2003, 12:00am by Wang Xiangwei

    ... High-flying banker Fang Fenglei quits the mainland firm to help form a joint venture with the US investment giant Prominent mainland banker Fang Fenglei is leaving his position as head of ICEA Finance Holdings to help form a joint-venture investment bank that involves Goldman Sachs. A group led by Mr Fang had already submitted an application to the China Securities Regulatory ...

  8. Banks left out of a growing market

    Posted Apr 13th 2004, 12:00am by Mark O'Neill

    ... in March 1993 as a joint venture bank by Bank of China, Hong Kong's Nanyang Commercial Bank, Bank of Communications and Zhejiang International Trust and Investment Corp. After the bank lost ...

  9. Success engineered in very Swiss family way

    Posted Feb 02nd 2004, 12:00am by Staff Reporter

    ... In Hong Kong, where Schindler operates through a 50-50 joint venture with Jardine Matheson, the company has a dominant share of the high-end, high-rise market. If you are reading this in a lift ... and Southeast Asia, Schindler runs its operations through a 50-50 joint venture established with Jardine Matheson in 1974. Schindler has also recently consolidated its mainland operations, which ...

  10. Beyond profit

    Posted Nov 22nd 2010, 12:00am by Oliver Chou

    ... as a joint venture with the mainland partner doing business and investments, not fund-raising.' They seem to have tapped into key networks: Nair says they have met with members of a top mainland ... for Tomorrow to tackle issues of poverty and inequality. By the end of 2008, the pair had set up a boutique consultancy, Avantage Ventures, to link change-seeking investors with promising social ...




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