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  1. Business Digest

    Posted May 31st 2012, 12:00am

    ... ENN to seek green light on proposed China Gas offer Gas supplier ENN Energy is to seek shareholders' approval on July 6 for a US$2.2 billion takeover offer for its bigger rival China Gas Holdings, even though the bid is significantly below the China Gas stock price. ENN, which has teamed up with the mainland's second-largest oil firm, Sinopec, in the unsolicited bid, ...

    http://www.scmp.com/article/1002564/business-digest
  2. C.C. Tung wins top business award

    Posted Dec 03rd 2004, 12:00am by Staff Reporter

    ... the DHL/SCMP Business Person of the Year. Driven by a strong performance from its flagship Orient Overseas Container Line (OOCL), the parent company posted an almost threefold increase in interim net profit of US$268.4 million. Mr Tung said the company was on track for another record performance this year. '[This year] will be better than last, and last year was a record year,' he ...

    http://www.scmp.com/article/480536/cc-tung-wins-top-business-award
  3. Graff Diamonds sees sparkle in US$1b IPO

    Posted May 28th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com Graff Diamonds, the London-based high-end jeweller whose customers have included European royalty and the late actress Elizabeth Taylor, will kick off its US ... is not [intended] to sell out our company. I and my family still hold a majority of the company, and we believe in the future of our business.'' After the listing, the Graff family will still hold ...

    http://www.scmp.com/article/1002272/graff-diamonds-sees-sparkle-us1b-ipo
  4. Temasek puts US$2.4b shares on the block

    Posted May 03rd 2012, 12:00am

    ... May Chan may.chan@scmp.com Temasek appears to be taking short-term profits by selling US$2.4 billion worth of shares in Bank of China and China Construction Bank. The Singaporean sovereign wealth fund is selling 1.6 billion CCB shares at HK$5.99 to HK$6.10 each, a discount of 1. to 2.8 per cent to the stock's close of HK$6.16 yesterday, to raise as much as US$1.2 billion, ...

    http://www.scmp.com/article/999943/temasek-puts-us24b-shares-block
  5. Paying the price for establishing a business

    Posted Dec 16th 2003, 12:00am by Staff Reporter

    ... In June, we bought equipment from a company that was going out of business. Among the things we bought were telephone numbers, so that any residual business calls could come to us. PCCW ... to pay. PCCW wants us to pay someone else's bill, which puts us under financial strain. If we go out of business we will not require a line so PCCW will lose a subscriber who pays all fees ...

    http://www.scmp.com/article/438346/paying-price-establishing-business
  6. HK left in the dark on Shanghai World Expo, say business chiefs

    Posted Oct 09th 2007, 12:00am by Chloe Lai

    ... Chloe Lai in Shanghai Business and cultural leaders are complaining that Hong Kong is being kept in the dark over plans for the city's participation in the Shanghai World Expo ... confident it will come up with a design that showcases Hong Kong's uniqueness and will tell us when things are ready.' Hong Kong and Macau are being given special treatment at the event, ...

    http://www.scmp.com/article/610865/hk-left-dark-shanghai-world-expo-say-business-chiefs
  7. Business Digest

    Posted Mar 10th 2006, 12:00am by Staff Reporter

    ... at a Tianjin port for an initial investment of US$75 million. 'Over the next five years, the project is expected to result in the construction of 500,000 to 800,000 cubic metres of storage ...

    http://www.scmp.com/article/539749/business-digest
  8. Business Digest

    Posted Sep 07th 2006, 12:00am by Staff Reporter

    ... accounted for HK$50 million. The Hong Kong dollar tranche made up HK$100 million of subscriptions, while the US dollar tranche accounted for HK$50 million. The bond is open for subscriptions until ... generates US$100m in bond float Singapore-listed China Sun Bio-chem Technology Group raised US$100 million from selling convertible bonds, sources said. The five-year, zero-coupon bonds can ...

    http://www.scmp.com/article/563030/business-digest
  9. Hong Kong a quiet achiever in global energy business

    Posted Sep 02nd 2006, 12:00am by Chris Davis

    ... apparent that Hong Kong's part in the global energy business is a lot more extensive than many people think. Hong Kong's business involvement in the global oil industry- finance, ... executive Jackson Yeung said. Mr Yeung has spent more than 25 years working in the oil transaction business. He said the Standby Letter of Credit (SLC), a conditional documentary credit system which ...

    http://www.scmp.com/article/562417/hong-kong-quiet-achiever-global-energy-business
  10. Talks under way to expand scale of HK yuan business

    Posted Jun 30th 2006, 12:00am by Gary Cheung

    ... Maria Chan and Gary Cheung The Hong Kong Monetary Authority and the People's Bank of China have begun studying details for the expansion of yuan-denominated business in Hong Kong. ... would lead to financial instability. Hongkong and Shanghai Banking Corp chairman Vincent Cheng Hoi-chuen believed the central government would gradually allow greater yuan business in Hong Kong. ...

    http://www.scmp.com/article/554829/talks-under-way-expand-scale-hk-yuan-business

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