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  1. Mitsubishi Electric to push automation

    Posted Dec 15th 2011, 12:00am

    ... at Mitsubishi Electric and its group president for factory automation systems, said yesterday. The opportunities for the company to supply automation equipment to manufacturers operating outside Japan ... Bien Perez bien.perez@scmp.com Japan's Mitsubishi Electric is expanding its factory automation systems business in China to boost annual domestic sales in that market segment to 100 ...

  2. Towngas signs HK$3.8b loan deal

    Posted Feb 11th 2011, 12:00am by May Chan

    ... May Chan Towngas yesterday signed a HK$3.8 billion five-year syndicated loan facility agreement with a group of banks. Jointly arranged by the Bank of Tokyo-Mitsubishi UFJ, Mizuho ... the company's general funding. ...

  3. Murchison still courting China to fund ore project

    Posted Nov 25th 2011, 12:00am

    ... Toh Han Shih hanshih.toh@scmp.com Despite signing a tentative A$325 million (HK$2.47 billion) deal with Japan's Mitsubishi Corp, Murchison Metals is still courting Chinese companies to invest in a A$10 billion mining and infrastructure project in Western Australia, which might supplant the deal with Mitsubishi. 'There is an opportunity for Chinese companies to do a deal ...

  4. Electronics firm to build factory

    Posted May 20th 2011, 12:00am

    ... Bien Perez bien.perez@scmp.com Mitsubishi Electric Corp is expanding its manufacturing operations on the mainland with a US$35 million investment to build a new plant in Jiangsu province. ... devices,' the Tokyo-based company said in a statement. 'As manufacturers expand production capacity for these products, they also have been investing more heavily in automation due to labour ...

  5. In Brief

    Posted Mar 10th 2011, 12:00am by Staff Reporter

    ... Mitsubishi Electric to set up vehicle parts plant in Jiangsu Japan's Mitsubishi Electric is investing US$30 million to establish a company in Jiangsu province as part of a plan to expand its vehicle business on the mainland. Mitsubishi Electric Automotive (China), will start operations at a 50,000 square metre site in the Changshu Southeast Economic Development Zone ...

  6. Citic Pacific lending banks named in court

    Posted Mar 11th 2011, 12:00am by Austin Chiu, Naomi Rovnick

    ... that Citic Pacific's board of directors was aware of the losses as early as September 7. The company's eventual loss for that year was HK$12.69 billion. Bank of Tokyo-Mitsubishi granted ... Industrial Bank of China and Japan's Bank of Tokyo-Mitsubishi UFJ in 2008. The loans were made just weeks before Citic Pacific's October 20 admission that it would slip up to HK$15.5 ...

  7. Mainland's aviation boom gives new focus

    Posted Mar 08th 2011, 12:00am by Mukul Munish

    ... Asia means that Asian Aerospace has grown as the most important fixture in Asia for commercial aviation. We are especially delighted to welcome new Western and mainland companies who have ... of the C919 airliner, while newcomers to the show include the Mitsubishi Regional Jet from Japan and the Sukhoi Superjet 100 from Russia. Other major exhibitors will be Airbus, Air China Technics, ...

  8. Lai See

    Posted Mar 17th 2011, 12:00am by Howard Winn

    ... together with an employee matching scheme; Mitsubishi, US$2.2 million; Citi and the Citi Foundation, US$1.2 million each; and Barclays, US$2.4 million. Goldman Sachs tops the list with US$6.1 ... Morrison (pictured) for the way the company was managed and particularly for late payment of salaries. She circulated this around the company and was promptly suspended. Now more than 30 staff ...

  9. Citic Pacific ordered to pay costs for police case

    Posted Jun 29th 2011, 12:00am

    ... Naomi Rovnick naomi.rovnick@scmp.com Citic Pacific has been dealt a new blow in its long-running battle to stop the Hong Kong police from investigating the company for fraud over a disastrous derivatives loss that the company delayed disclosing in 2008. The High Court, in a judgment published yesterday, turned down the Beijing-backed steelmaker and property developer's bid ...

  10. Thumbs up for mine-port rail line

    Posted Oct 22nd 2011, 12:00am

    ... for the troubled US$6 billion project. The decision, announced on the state government's website, was welcomed by Murchison Metals, an Australian-listed mining company which is a shareholder ... conglomerate Mitsubishi chosen as the joint venture partner. 'I think they will take their time. They're probably inflicting a little bit of pain on us in the sense of 'why didn't ...




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