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  1. GZI plans to sell toll-road business

    Posted Oct 21st 2009, 12:00am by Peggy Sito

    ... Peggy Sito Guangzhou Investment, the city government's listed conglomerate, has proposed offloading its toll-road operations to streamline its business to purely property development on the mainland. The company said it planned to sell its entire 45.3 per cent stake in listed GZI Transport through a combination of share redistribution and selling to existing shareholders. The share ...

  2. Buy a Hutch villa in Panyu, get a free BMW

    Posted Jul 15th 2005, 12:00am by Staff Reporter

    ... Ji Minhua As market sentiment for luxury villas cools, property developers on the mainland are trying to lure potential buyers with expensive gifts, such as BMW cars worth 340,000 yuan. The Cape Coral development in the Panyu district of Guangzhou, a proj ...

  3. HK bus companies find the mainland's roads hard going

    Posted Nov 29th 2010, 12:00am by Anita Lam

    ... Anita Lam Although it seems unlikely that there are any businesses on the mainland failing to profit from the booming economy, there is at least one: public transport. In sharp contrast to the rich rewards being reaped by others who have set up shop to serve the huge mainland market of 1.3 billion consumers, Hong Kong public transport operators who ventured into the mainland have ...

  4. Cats in the cradle

    Posted Sep 18th 2010, 12:00am by Mark Sharp

    ... Mark Sharp It was hard not to be impressed when the 2011 Jaguar XJ rolled into the car park. It's a head-turner among the other luxury sedans you see on Hong Kong's roads every ... eat the road leaves little room for the traditional double headlamps, which are now tiered back, encased in slim, single units that tail off to the sides, almost meeting the wheel. The long ...

  5. Carrera move

    Posted Jan 01st 2005, 12:00am by Michael Stahl

    ... road-going model in its history purely for art's sake. The Carrera GT is a limited-edition, race-engineered supercar, much in the mould of the Ferrari Enzo and the Mercedes-Benz SLR McLaren. ... South-east Asia. With its Carrera GT order books already full enough- and more importantly, a new 911 (997) on the way- Porsche has gone on the road with this Stuttgart-registered, pre-production ...

  6. Stagecoach offloads Road King shares

    Posted Jan 20th 2004, 12:00am by Denise Tsang

    ... Denise Tsang British transport firm Stagecoach has offloaded the majority of its 30.6 per cent stake in toll-road operator Road King Infrastructure for $730 million to cut its debts. The company sold a 25 per cent stake of Road King, one of the largest mainland toll-road operators, to cash-rich Shenzhen Investment, a Shenzhen municipal government window company. The deal marks ...

  7. CKI sees profit in exit from Shenyang toll roads, foray into UK gas

    Posted Dec 15th 2004, 12:00am by Denise Tsang

    ... Denise Tsang Cheung Kong Infrastructure Holdings (CKI) expects to realise a profit from the sale of its toll-road assets in Shenyang. CKI was scheduled to sign a sale and purchase ... in Liaoning after the mainland's decision in 2002 to scrap guaranteed returns on infrastructure projects. At stake are four toll roads and bridges in which CKI, having invested $690 million ...

  8. Toll-road operator seeks expansion

    Posted Mar 30th 2005, 12:00am by Denise Tsang

    ... by the Ministry of Communications to build 50,000km of expressways, of which 3,500km will be in Zhejiang, in anticipation of further growth in the economy and demand for road transport. He expected ... Denise Tsang Zhejiang Expressway's healthy bottom line is driving the company's ambition Zhejiang Expressway, one of the mainland's most profitable toll-road operators, ...

  9. NWS counts on China toll roads to drive profits

    Posted Mar 15th 2005, 12:00am by Denise Tsang

    ... we have earmarked $1 billion for three toll-road projects and one port project in Tianjin and are looking for acquisitions to expand our portfolio.' The interim profit was inflated ... million from new accounting rules. In anticipation of strong cash flow for this financial year, NWS raised the interim dividend 20 per cent to 18 cents per share. The new toll roads ...

  10. CKI pays $1.3b for 40pc stake in Sydney toll-road project

    Posted Jul 05th 2004, 12:00am by Russell Barling

    ... the biggest shareholder of a Sydney toll road project in the latest foray by a Li Ka-shing-controlled company into the Australian utilities sector. Cheung Kong on Friday acquired 40 per cent ... infrastructure and transportation projects globally and this acquisition represents another important milestone,' group managing director Kam Hing-lam said in statement. 'The tunnel promises ...




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