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  • April 24, 2014
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  1. Tech guru on a mission to make world of difference

    Posted Oct 05th 2009, 12:00am by Staff Reporter

    ... Bien Perez On the day he resigned as president of Google Greater China, Lee Kai-fu told colleagues his career kept flashing 'like a movie in my mind'. Lee said his life ... at the internet search kingpin to fulfil a dream and start his own company on the mainland, Innovation Works. His is a rich catalogue of experiences - enough to fill a book. Indeed, Lee has done just ...

  2. Seized guns junked by Malaysian military

    Posted May 07th 2004, 12:00am by Ella Lee, Stella Lee

    ... The 2,800 sub-machine guns seized at a container terminal in Hong Kong last week were obsolete weapons disposed of by the Malaysian police two years ago, a senior officer of the force said. Federal Criminal Investigations Department director Commissioner ...

  3. Owner eyes top billing for Regent

    Posted Apr 28th 2010, 12:00am by Amanda Lee

    ... Taiwanese businessman Steven Pan Si-liang wants to re-position the Regent Hotel in Hong Kong as a luxury brand to rival the Mandarin Oriental and The Peninsula. The chairman of Taiwan-listed hotel operator Formosa International Hotels Corp said yesterday ...

  4. Haitong paying US$454m for control of Taifook

    Posted Nov 17th 2009, 12:00am by Amanda Lee

    ... Amanda Lee Shanghai-listed Haitong Securities is buying NWS Holdings' stake in Taifook Securities Group for US$454 million, according to sources familiar with the deal. NWS, the conglomerate flagship of property developer New World Development, has a 61.86 per cent stake in broker Taifook, which has 11 brokerage outlets in Hong Kong and one in Macau. Haitong, Taifook and NWS ...

  5. IPO firms rush to raise HK$100b by end of year

    Posted Nov 24th 2009, 12:00am by Amanda Lee

    ... Amanda Lee At least 10 companies are racing to float shares on the Hong Kong stock exchange by the end of this year, raising close to HK$100 billion between them. The larger offerings include China Minsheng Banking Corp's HK$30 billion, China Longyuan Power Group Corp's HK$23.4 billion, Sands China's HK$19.4 billion and Resourcehouse's HK$19.5 billion ...

  6. Regulator questions China Strategic bid

    Posted Nov 21st 2009, 12:00am by Amanda Lee

    ... Amanda Lee Taiwan's financial regulator said yesterday it was not convinced China Strategic Holdings had a long-term interest in running Nan Shan Life after the Hong Kong-listed firm said on Tuesday Taiwanese credit-card issuer Chinatrust Financial Holding would acquire 30 per cent of the insurer for US$660 million. China Strategic would get a 9.95 per cent stake ...

  7. Green Global to see red ink from agribusiness

    Posted Sep 21st 2009, 12:00am by Amanda Lee

    ... Amanda Lee Green Global Resources, which has diversified into production of jatropha, a plant used in making bio- diesel, is facing tough challenges, as it hinted in a profit warning before its results announcement this week. The company is expected to report an interim loss for the six months to June. Last year was already difficult enough for Green Global, which has been ...

  8. Trinity plans HK$889m share offering for expansion

    Posted Oct 21st 2009, 12:00am by Amanda Lee

    ... Amanda Lee Trinity, the menswear retailer controlled by the parent of Li & Fung, plans to raise up to HK$889 million and open 50 shops on the mainland next year in an effort to increase its market share. Sunny Wong Yat-ming, the managing director at Trinity, said yesterday it would consider buying menswear brands such as Leo from its parent firm. He said Trinity would ...

  9. Mainland developers ready IPO relaunches

    Posted Oct 21st 2009, 12:00am by Amanda Lee

    ... Amanda Lee Mainland developers that shelved listing plans last year have dusted them off for relaunches in coming weeks, with Evergrande Real Estate Group so far setting the lowest valuation compared with rival companies, based on forecast earnings. The Guangzhou-based developer's initial public offering is valued at about 6.6 times forecast earnings. With an indicative ...

  10. Investors are acquiring a taste for risk

    Posted Sep 27th 2009, 12:00am by Amanda Lee

    ... Amanda Lee Risk appetite has returned among high-net-worth individuals over the past six months, according to advisers who have been recommending clients to switch out of cash and increase holdings in equities. As the appetite for risk returns, the demand for leveraged products, such as accumulators, will probably resurface. Standard Chartered Private Bank said that many wealth ...




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