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  1. Graft worsens at state-owned firms

    Posted Dec 22nd 2004, 12:00am by Shi Jiangtao

    ... officials from state-owned enterprises (SOEs), the Supreme People's Procuratorate says. And the number of such crimes has risen in recent years, as SOE bosses took advantage of ambiguous ... against corruption in state firms highlighted the importance of setting up a transparent monitoring mechanism in the transformation of state-owned enterprises into stock companies. Current laws ...

  2. Comment - Insight & Opinion

    CNOOC will face serious challenges managing Nexen

    Posted Feb 20th 2013, 12:00am by G. BIN ZHAO

    ... example for major state-owned enterprises to follow in the future. It will also challenge the wisdom, talent and courage of CNOOC's executives. There are many differences between CNOOC ... strengthen the international management and operations of CNOOC. Second, CNOOC needs to create a more flexible employee incentive system, neither going beyond the nature of a state-owned enterprise ...

  3. The mission creep at the great sell-off

    Posted Jun 14th 2004, 12:00am by Staff Reporter

    ... enterprise reform in 1998, a huge number have been privatised, by sale to managers or outside private investors. Eighty per cent of county-level and 60 per cent of city-level state-owned enterprises ... State-owned Assets Supervision and Administration Commission (Sasac). Created last spring, its main role was to become the government shareholder in 196 large national-level enterprise groups, ...

  4. Politics outweighs business in listing a state enterprise

    Posted Jun 12th 2010, 12:00am by Shirley Yam

    ... it comes to share sales of state-owned enterprises. I am not saying this based on any inside knowledge; the record speaks for itself. In the past decade, state-owned enterprises have bowed ... enterprises, each and every detail of the listing of a state-owned enterprise is decided by the government instead of management, be it the call to list or not, the structure, the timing and the floor ...

  5. Texhong aims to double output

    Posted Apr 01st 2005, 12:00am by Toh Han Shih

    ... or leasing factories from loss-making or bankrupt state-owned enterprises. 'We grow through acquisition. The mainland still has many small and medium-sized textile firms ripe for consolidation ... Toh Han Shih Texhong Textile Group will spend 240 million yuan to double production capacity this year, mainly by acquiring manufacturing facilities from moribund state-owned firms ...

  6. Beijing Enterprises to speed up asset transfer

    Posted Apr 13th 2005, 12:00am by Denise Tsang

    ... and infrastructure assets recently transferred to its state-owned parent, vice-chairman Zhang Honghai said. Mr Zhang said the unlisted parent had received 37 billion yuan worth of assets in an asset reshuffle conducted by the Beijing office of the State-owned Assets Supervision and Administration Commission in January. He said Beijing Enterprises, the Hong Kong-listed window company ...

  7. Sinotrans units rise on news of state cash aid

    Posted Aug 14th 2009, 12:00am by Charlotte So

    ... with Changjiang Shipping Corp, a model for Beijing's effort to reduce the number of major state-owned firms. Shares in Sinotrans Shipping rose 7.98 per cent to HK$4.06 yesterday. Sinotrans Ltd closed ... yesterday, quoting an unnamed source. The merger of the two state-owned firms received the approval of the State-owned Assets Supervision and Administration Commission in December last year, although ...

  8. Beijing Enterprises gets rid of loss-making dairy unit

    Posted Dec 06th 2004, 12:00am by Sandy Li

    ... holding in Beijing Enterprises (Dairy)- the sole asset of which is the 55 per cent stake in Beijing Sanyuan- to Beijing Sanyang Group and Beijing Holdings. State-owned Beijing Sanyang, already ... Sandy Li Beijing Enterprises Holdings will dispose of a dairy unit involved in the operation of McDonald's franchise stores in Beijing and Guangdong for $528.5 million in cash. ...

  9. Chinalco worst performer among state firms with 7.25b yuan loss

    Posted Aug 24th 2010, 12:00am by Eric Ng

    ... Eric Ng Chinalco, the parent of listed Aluminum Corp of China (Chalco), has been named the weakest-performing of 108 state-owned enterprises last year, although Chalco yesterday posted ... many of which are among the most profitable state-owned enterprises. They are under the administration of the China Banking Regulatory Commission and China Insurance Regulatory Commission. ...

  10. HK spin-off planned by Beijing Enterprises

    Posted Jan 08th 2005, 12:00am by Denise Tsang

    ... business to its state-owned parent was on the cards. Despite this, the group would retain its retail arm, Beijing Wangfujing Department Stores, which showed improved performance on the back ... Denise Tsang Beijing Enterprises Holdings aims to list its energy and environmental assets on the Hong Kong stock exchange this year as part of the re-engineering of its business. To pave ...




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