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  1. Flawed diamond

    Posted May 15th 2004, 12:00am by Mutsuko Murakami

    ... the group are Japan's top bank, heavy industrial producer, trading company and several others, which each reign supreme in their respective industries. Mitsubishi companies have traditionally ... the popularity of its Pajero and other recreational vehicles. In 2000, DaimlerChrysler acquired a 37 per cent stake in the company and a majority stake in Mitsubishi Fuso, the truck and bus manufacturing ...

  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 ...

  3. Bad-loan costs play role in UFJ's $6.7b loss

    Posted Aug 07th 2004, 12:00am by Staff Reporter

    ... of March, pushing the bad-loans ratio to total loans up by 1.74 percentage points to 10.24 per cent. UFJ gave no year-on-year comparative figures because the company began compiling group quarterly ... a tie-up with bigger rival Mitsubishi Tokyo Financial Group but its plans have been marred by a court order to suspend merger talks. The Tokyo District Court on Wednesday rejected an appeal by UFJ ...

  4. Johnson buys 51pc of Israeli company

    Posted Nov 01st 2004, 12:00am by Staff Reporter

    ... companies' advanced technology through partnerships, joint ventures or mergers. Johnson Electric bought 49 per cent of Nihon Mini Motor, a unit of Mitsubishi Materials Corp, for US$12.3 million last ...

  5. 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, ...

  6. Techfaith's Nasdaq IPO to raise US$150m

    Posted Apr 09th 2005, 12:00am by Staff Reporter

    ... in the mainland. Last year, Techfaith set up a joint venture with NEC Corp to develop 3G phones. It also designs handsets for a variety of domestic and international firms, including Alcatel, Mitsubishi ... this year. The company is looking to sell about 20 per cent of its enlarged share capital, which indicates a market capitalisation of up to US$750 million. It will also value the company at between ...

  7. Shenhua to bid for key stake in Rio coal unit

    Posted Jan 12th 2009, 12:00am by Staff Reporter

    ... Industries, which runs three operations in New South Wales. The company is worth about US$4.89 billion. Likely bidders, including Mitsubishi of Japan and Xstrata of Switzerland, were pushing Rio to include its coal assets in Queensland as well, sources said. Mitsubishi is the second-largest shareholder in Coal & Allied with a 10.2 per cent stake. The company has change of control rights ...

  8. Massive expansion for Australia?s North-West Shelf gas project: report

    Posted Jun 09th 2005, 12:00am by Staff Reporter

    ... and Mitsubishi corporations, it said. The China National Offshore Oil Company (CNOOC), which acquired a 10 percent stake in the project last year, is expected to pay its pro-rata share of the capital ...

  9. Placement raises $80m for Hualing expansion

    Posted Jan 31st 2004, 12:00am by Staff Reporter

    ... were $250.36 million. The company blamed rising material costs and a price war in the domestic market for driving it into the red. Since 2000, the company has been trying to break into the European market. Interest in a takeover of Hualing by a leading foreign home-appliance manufacturer- such as Whirlpool, General Electric or Mitsubishi- has been speculated. Hualing failed to return ...

  10. Investors again driving car rental market

    Posted Nov 24th 2010, 12:00am by Staff Reporter

    ... at the starting line. Japanese conglomerate Mitsubishi Corp is the latest to enter the fray, paying US$20 million to form a joint-venture car rental company with Zhejiang's Cheeyo Auto Rental, media ... by 2013. Mitsubishi is the latest in a string of high-profile investments in the mainland car rental business. In September, the parent of Lenovo Group, Legend Holdings, paid 1.2 billion yuan ...




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