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  • July 29, 2014
  • Last updated: 5:24am
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  1. Business - Companies - EARNINGS

    HKT eyes smooth takeover of CSL New World Mobility

    Posted Feb 27th 2014, 01:34am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com HKT confident of smooth merger with CSL New World Mobility, making it the city's biggest wireless network services provider HKT's net soars 53 pc ahead of CSL deal HKT Trust and operating arm HKT, which posted stro ...

  2. Business - Companies - TAKEOVERS

    Stringent conditions eyed for HKT takeover of CSL New World

    Posted Feb 06th 2014, 04:24am by BIEN PEREZ

    ... market players suggested the government impose certain conditions before the tycoon's PCCW-controlled HKT completes its US$2.43 billion takeover of rival CSL New World Mobility. ... corporate takeover. PCCW divested its interest in mobile service unit CSL to Telstra through two transactions in 2001 and 2002. CSL merged with New World PCS in 2006. Barclays Research estimated ...

  3. Business - Money

    Mainland China broker Shenyin & Wanguo buys Hong Yuan for 40b yuan

    Posted Jul 28th 2014, 04:26am by Bloomberg

    ... Bloomberg in Beijing Shenyin & Wanguo's takeover of Hong Yuan will create mainland's fifth-largest brokerage Mainland broker pays 40b yuan for rival Shenyin & Wanguo ... dwindles. The Hong Yuan purchase is the biggest takeover in the mainland financial industry, surpassing Ping An Insurance's US$4.3 billion acquisition of Shenzhen Development Bank in 2011, data ...

  4. Business - Banking & Finance - ACQUISITIONS

    OCBC-Wing Hang Bank takeover deal a question of price

    Posted Jan 17th 2014, 02:35pm by KANIS LI

    ... Kanis Li kanis.li@scmp.com While city lender wants more, Singapore group fears making goodwill charges after takeover OCBC-Wing Hang deal a question of price Oversea-Chinese Banking Corp's plan to take over Wing Hang Bank, the city's second-largest family-controlled bank, raises the question of what would be a reasonable price for both parties to gain from the deal. ...

  5. Business - Banking & Finance

    OCBC edges nearer to Wing Hang full control

    Posted Jul 25th 2014, 01:35am by Bloomberg

    ... Bloomberg in Singapore OCBC edges nearer to Wing Hang full control Oversea-Chinese Banking Corp, Southeast Asia's second-largest lender, moved closer to a full takeover of Wing Hang Bank after investor acceptances for the bid accelerated in the past week. Singapore-based OCBC raised its stake in its target by almost 11 percentage points to 67.8 per cent in the five days ...

  6. Business - Banking & Finance

    Wing Hang confirms talks on takeover

    Posted Jan 07th 2014, 01:46am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Investors dump shares in HK lender amid concerns over low offer from OCBC Wing Hang confirms talks on takeover Wing Hang Bank confirmed it is holding exclusive talks with Singapore's Oversea-Chinese Banking Corp, Southeast Asia's second-largest lender, about a possible takeover after shares in the Hong Kong lender yesterday posted ...

  7. Business - Banking & Finance

    OCBC-Wing Hang takeover talks evoke memories of DBS's costly foray

    Posted Jan 09th 2014, 01:27am by BLOOM

    ... officer during the Dao Heng takeover and was chief executive from 2002 to 2007. He had a 25-year career in investment banking with what was then known as JP Morgan before joining DBS in 1999. ... the comparison that since DBS and Dao Heng was so disastrously bad, this one is also going to be as bad," Smith said of OCBC's possible takeover of Wing Hang. OCBC, which gets about two-thirds ...

  8. News - World

    Iraqi forces' air strikes leave 19 dead in Fallujah

    Posted Jul 23rd 2014, 10:57pm by Reuters

    ... takeover in January, according to the International Rescue Committee, a New York-based humanitarian organisation. The conflict, which threatens to break up Iraq along ethnic and sectarian lines, ...

  9. News - World - IRAQ

    Iraq confirms to UN that ISIL jihadis seized chemical weapons facility

    Posted Jul 09th 2014, 09:34pm by AP

    ... sarin are stored along with other chemical warfare agents, Iraq said in a letter circulated at the UN. The US government reported the takeover of the facility on June 20, and played down ... said that as a result of the takeover of Muthanna, Iraq was unable "to fulfil its obligations to destroy chemical weapons" because of the deteriorating security situation. He said ...

  10. Comment - Insight & Opinion - WHO SAID IT?

    Who said it?

    Posted Jun 13th 2014, 03:42am by STAFF

    ... Please avoid using the word coup because the context … is completely different Thai junta spokesman Colonel Werachon Sukondhapatipak on the military takeover   The work they are doing is absolutely crazy. [It] is exceedingly dangerous Former UK Royal Society president Lord May on the creation of a virus resembling the deadly 1918 Spanish flu strain   It should always burn inside ...




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