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  • April 21, 2014
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  1. Bank confident of keeping UFJ links

    Posted Sep 04th 2004, 12:00am by Enoch Yiu

    ... of Asia Financial, is the subject of a bidding war between Sumitomo Mitsui Financial Group and Mitsubishi Tokyo Financial Group. 'The takeover is not yet over so it is not certain who ... and retail banking portion of Asia Financial, said it had a close business relationship with Mitsubishi Tokyo, which appears to have a better chance of winning the takeover battle. Asia Financial, ...

  2. Earnings rise 38pc at state-owned companies

    Posted Jan 18th 2011, 12:00am by Eric Ng

    ... was reportedly studying raising the rate of dividends unlisted state-owned companies must pay and broadening the type of enterprises that have to distribute dividends. ...

  3. Business - Companies - EARNINGS

    Wheelock looks ahead to strong growth

    Posted Mar 28th 2013, 12:00am by Peggy Sito

    ... property and logistics conglomerate Wheelock and Company expects to see substantial business growth in the next five years. Its project pipeline was unveiled as the company announced a 120 per cent ... Stephen Ng Tin-hoi, the deputy chairman of Wheelock & Co. The dividend payout ratio on the basis of the company's core profit increased to 31 per cent from 11 per cent in 2011, said Ng. ...

  4. Work with power companies to become energy-efficient city

    Posted Jul 22nd 2009, 12:00am by Staff Reporter

    ... air-conditioners replaced by multi-purpose generators which provide power for lights, personal computers and fridges and sell excess power back to the grid. The power company can then run its generators ... Regulators and developers play key roles here. A constructive way to approach this is to work with power companies, regulators, developers and innovators towards making Hong Kong 'Asia's ...

  5. Bosses of state-owned companies barred from share sales to family

    Posted Apr 18th 2009, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Beijing has barred corporate officials from selling shares of government-owned companies to their relatives, in a new government move to protect state assets from eroding. The State-owned Assets Supervision and Administration Commission said yesterday executives should sell shares in the units of state companies to the state-owned parents. The price should ...

  6. Lukewarm IPO response fails to deter companies

    Posted Jun 30th 2005, 12:00am by Staff Reporter

    ... will not rule out any possibility of business co-operation with them.' The company enjoyed 122 per cent profit growth of $19.7 million in 2003, but its total profits slipped 8.2 per cent to $40.3 ... Alltronics' irrigation controllers, carbon monoxide detectors, smart cards and audio equipment accounted for about 60 per cent of the company's turnover last year. The firm has seen steady profit ...

  7. Rusal mulls 10pc cut in output

    Posted Jun 16th 2012, 12:00am

    ... costs. The company said last month that it planned to cut its annual smelting capacity by at least 300,000 tonnes, starting in the second half of this year. It may cut up to 600,000 tonnes longer ...

  8. Business - Money - TAXATION

    Beijing drafts dividend tax to boost market

    Posted Oct 30th 2012, 12:00am by Ray Chan

    ... said the cash payout ratio of listed companies on the mainland was consistently low, probably because the constraints on listed stocks and overall returns on investment were fairly low. "A ...

  9. Business

    Corrections & clarifications

    Posted Aug 14th 2012, 12:00am by SANDI LI

    ... An article headlined "Profit up 3.8pc at Swire Properties", published on B3 on Saturday, incorrectly stated the interim dividend of its parent company, Swire Pacific, was HK$1.50 per A share and 30 HK cents per B share. The amounts should have been HK$1 per A share and 20 HK cents per B share. ...

  10. Business - China Business - CARS

    Brilliance China Automotive stalls dividend despite 41pc profit rise

    Posted Aug 30th 2012, 12:00am by Anita Lam

    ... will outperform the overall growth rate of 20 per cent we have forecast for the mainland's luxury auto sector next year," Wu said. But JP Morgan analysts warned that the company might have ... sales target of 153,000 units forecast for this year, backed by a new 3-series China-only car launched in July. The company's minivan business continued to be a liability, with both sales ...




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