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  1. Mitsubishi Motors to solicit new rescue funds

    Posted May 06th 2004, 12:00am by Staff Reporter

    ... Agence-France Presse in Tokyo Mitsubishi Motors will seek 400 billion yen (HK$28.34 billion) to 500 billion yen in rescue funds from group companies and other investors after its major ... sought 700 billion yen in financial aid, including 400 billion yen from DaimlerChrysler, to rehabilitate itself. The newspaper said Mitsubishi group companies were expected to accept new shares ...

    http://www.scmp.com/article/454661/mitsubishi-motors-solicit-new-rescue-funds
  2. 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 ...

    http://www.scmp.com/article/740469/brief
  3. Wu junior steps into his father's brave world

    Posted Sep 22nd 2003, 12:00am by Denise Tsang

    ... to rescue the group. Thomas, a former design engineer at Mitsubishi Electric Corp in Japan, arrived at Hopewell in 1999 with the express purpose of restructuring the company. 'It ... The way is clear for Thomas Jefferson to take the reins at Hopewell when company founder Sir Gordon Wu retires IT LITERALLY TOOK an engineer to put property developer Hopewell Holdings ...

    http://www.scmp.com/article/428637/wu-junior-steps-his-fathers-brave-world
  4. Business digest

    Posted Oct 27th 2004, 12:00am by Staff Reporter

    ... company had agreed to take over the loss-making, 6,000- square-metre Beidou retail complex in Haidian district. Wumart is keen to bolster its retail space ahead of new competition from foreign ... obligations to the World Trade Organisation. Yesterday, the company announced its net profit for the three months to September soared 53.6 per cent year on year to 23.19 million yuan. For the nine ...

    http://www.scmp.com/article/475690/business-digest
  5. China Railway on track to acquire airport unit from parent company

    Posted May 19th 2010, 12:00am by Toh Han Shih

    ... cent to 283 billion yuan in April. Recently, China Railway won 69.22 billion yuan in orders, representing 20 per cent of its revenue last year, the company said on the website of the Shanghai ...

    http://www.scmp.com/article/714777/china-railway-track-acquire-airport-unit-parent-company
  6. Coal prices hold key to power companies

    Posted Sep 01st 2008, 12:00am by Amanda Lee

    ... Amanda Lee Times will get tougher for China's power sector before there is any prospect of an improvement in earnings, according to analysts. Power companies blamed higher coal prices, fuel costs and state-determined tariffs for reducing their earnings. 'How well each company does will depend on their ability to attain supplies of coal at contracted prices,' ...

    http://www.scmp.com/article/651000/coal-prices-hold-key-power-companies
  7. Net connectivity company to base operations in HK

    Posted Apr 27th 2004, 12:00am by Danyll Wills

    ... director of iPass Steve Terry said the decision to move from the company's old regional base in Singapore had been easy. 'We thought it made excellent business sense to move our Asia-Pacific headquarters to Hong Kong and, of course, it made sense geographically,' he said last week. Cost was even less of an issue as the company employs only six people to manage its ...

    http://www.scmp.com/article/453578/net-connectivity-company-base-operations-hk
  8. Geely's new SUVs to boost profit

    Posted Mar 24th 2011, 12:00am by Staff Reporter

    ... Neil Gough Geely Automobile Holdings, whose parent company last year acquired Volvo Car, plans to launch two new SUVs on the mainland this year- part of a broader plan to strengthen its ... in costs. Li said the company had no plans to acquire Volvo from its privately held parent, Zhejiang Geely Holding, which bought the Swedish carmaker from Ford for US$1.5 billion. Geely is targeting ...

    http://www.scmp.com/article/741858/geelys-new-suvs-boost-profit
  9. Wahaha tycoon eyes retail, mining business prospects

    Posted Mar 04th 2011, 12:00am by Celine Sun

    ... the mainland's third-biggest beverage maker by market share. He said the company planned to open 100 supermarkets and shopping malls in second- to fourth-tier cities on the mainland over the next couple ... billion last year, the 65-year-old said he would seek to list the retailing business when the opportunity was mature. According to the company, all the shopping malls will be built directly ...

    http://www.scmp.com/article/739882/wahaha-tycoon-eyes-retail-mining-business-prospects
  10. Citybus offers HK$42m in fare discounts

    Posted Jan 29th 2011, 12:00am by Staff Reporter

    ... Cheung Chi-fai Citybus passengers will have more cash in their pockets during a three-month ticket discount period because the company must share excessive profits with patrons, who ... that the bus company has been pretending it is dying and therefore denying us the right to more reasonable wages.' The union said it wanted a 7 per cent pay rise this year because of an expected ...

    http://www.scmp.com/article/737052/citybus-offers-hk42m-fare-discounts

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