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  • September 19, 2014
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  1. Richard Li said to be eyeing ING Asia units

    Posted May 30th 2012, 12:00am

    ... which has to divest its insurance operations before the end of next year to qualify for state aid under European Union regulations, is looking to collect US$7 billion from selling the two units ... firm last month announced plans to sell the two units together or separately and has invited firms to submit bids. People familiar with the situation told the South China Morning Post that Li ...

  2. China United woos foreign talent

    Posted Sep 22nd 2003, 12:00am by Staff Reporter

    ... State-owned telephone company China United Telecommunications Group is broadening a 'help wanted' campaign to attract foreign talent with overseas experience to fill ... international expansion ambitions. Last week, China United, together with five other state-owned companies such as Aluminum Corp of China parent China Aluminum and Sinotrans parent China National ...

  3. CLP's Australian unit powers rise in revenue

    Posted Oct 20th 2010, 12:00am by Denise Tsang

    ... Revenue of its Australian unit, TRUenergy, soared 35.8 per cent to HK$19.2 billion as a gas plant in Victoria state was commissioned and fed strong demand between June and August. The core Hong ...

  4. State-run enterprises seek executives overseas

    Posted Sep 17th 2003, 12:00am by Eric Ng

    ... to fill top positions at state-owned firms such as China United Telecommunications and China Aluminum. The State-owned Assets Supervision and Administration Commission under the State Council has placed adverts in overseas editions of state newspapers for five deputy general managers and two chief accountants. The move is part of a worldwide recruitment campaign aimed at boosting ...

  5. State Construction sees mainland sales rising to 40pc of revenue

    Posted Dec 08th 2009, 12:00am by Charlotte So

    ... Charlotte So China State Construction International Holdings expects mainland sales to contribute 40 per cent of its revenue by 2015 from 11 per cent at present, as it secures more ... to fund all their projects at once. This year, China State Construction secured 2.6 billion yuan worth of such projects, while its parent company, China State Construction Engineering Corp, signed ...

  6. China National Offshore absorbs distribution unit

    Posted Jun 07th 2007, 12:00am by Eric Ng

    ... of the government's strategy to reduce the number of state-owned enterprises and bolster competitiveness. The combination will strengthen China National Offshore's capability in chemicals distribution, a missing link in the oil major's supply chain as it seeks to become a fully-integrated energy and chemical company. State-owned Assets Supervision and Administration Commission had transferred ...

  7. SHKP raises prices for Sky One units on better market sentiment

    Posted Jun 29th 2009, 12:00am by Enoch Yiu

    ... interested to buy Hong Kong property as a long-term investment. 'Interest rates in the United States and Hong Kong are unlikely to rise within the next 12 months. The low rates lead ... Enoch Yiu Sun Hung Kai Properties has increased by 8 per cent the price for the second batch of units at its luxury residential project, Sky One, a sign that analysts say shows improving ...

  8. China Life Insurance intending to buy stakes in two state lenders

    Posted Mar 10th 2008, 12:00am by Carol Chan

    ... was better. Both Agricultural Bank, one of the country's Big Four state lenders, and China Development Bank, one of its three policy lenders, will undergo restructuring and prepare for listings. China Life and its state-owned parent, China Life Insurance (Group), have already invested in nine mainland banks, including a 20 per cent stake in Guangdong Development Bank, in which Citigroup ...

  9. Cheung Kong unit to invest in Queensland

    Posted Jan 26th 2008, 12:00am by Denise Tsang

    ... Premier Anna Bligh. In a statement yesterday, the state did not specify which Cheung Kong firm was involved, but analysts widely expected the group's energy flagship, Cheung Kong ... While the state government would welcome the undertaking for the potential economic benefits it would bring to the resource-rich region, analysts said it presented a much-needed investment ...

  10. China Gas plans LPG unit spin-off

    Posted Dec 07th 2009, 12:00am by Denise Tsang

    ... cross-strait trade promoter Taiwan Affairs Office of the State Council, China's No 2 oil firm Sinopec, Oman Oil, Gail (India), SK Group of South Korea and the Asian Development Bank. Although ...




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