Canard Aircraft

Millard's Flyer too speedy for rivals

The return to all-weather racing at Sha Tin tonight should put the Tony Millard-trained Keen Flyer back in the winner's circle and end the winning run of Sun Power.

Wednesday, 1 December, 2004, 12:00am

New British fighter plane left without a functioning cannon

Britain's Ministry of Defence has been accused of putting pilots' lives in jeopardy after it left the Royal Air Force's new fighter plane without a functioning cannon to save money.

16 Aug 2004 - 12:00am

India crows over new jet fighters

The Indian air force is euphoric at the arrival of 10 Sukhoi-30MKI fighter planes from Russia as part of its efforts to modernise its fleet.

A further 32 planes will be delivered in stages over the next two years.

30 Sep 2002 - 12:00am

Double beckons 'demon'

The 'demon' Douglas Whyte can up the championship stakes by riding a double at this afternoon's Sha Tin meeting for which there is a $37.91 million Triple Trio jackpot.

Whyte is strongly fancied to score on the griffin debutant Winning Boy in the second and on the improving Northern Flyer in the seventh.

2 May 1999 - 12:00am

Go-ahead for MKI

THE Supreme Court of Bermuda has approved the transfer of all MKI Corp shares to Sui Chong Holdings, with effect from October 10, MKI and Sui Chong said yesterday.

MKI will become a wholly owned subsidiary of Sui Chong.

6 Oct 1995 - 12:00am

MKI lifts stake

MKI Corp shareholders are to increase their stake in Wing Hing Holdings to 10 per cent from 6.9 per cent under a revised offer by Wing Hing.

15 Sep 1995 - 12:00am

MKI weighs up bid

MKI Corp says it will not entertain a bid from privately held Wing Hing Group until the fate of a previous proposal by Winfoong Investments has been decided.

MKI has signed a conditional exclusive deal with Winfoong which may see troubled MKI being rescued through the injection of Winfoong assets.

22 May 1995 - 12:00am

Peter Mou

LAWYERS for Peter Mou have asked us to point out that he has never been a director of MKI Corp, as stated in an article in Business Post on March 21.

It is also pointed out that Mr Mou did not settle with Standard Chartered Securities during a trial and was not represented during the trial.

24 Mar 1995 - 12:00am

Difficult challenge for MKI adviser

MKI Corp board adviser Chris Coulcher faces a tough challenge advising on strategies to maximise returns on investment and to cut running costs.

MKI is contesting a winding-up petition from the Securities and Futures Commission (SFC).

25 Jan 1995 - 12:00am

Judge's winding power comes to a head

THINGS took an interesting twist yesterday when MKI Corp decided to contest the right of the Securities and Futures Commission (SFC) to wind up the company (See Business Post , Page 1).

17 Jan 1995 - 12:00am

MKI wind-up petition delayed

A PETITION to wind up beleaguered MKI Corp has been adjourned until Monday, following representations from lawyers for both sides.

Lawyers for MKI are contesting the winding-up petition, which has been filed by the Securities and Futures Commission (SFC).

It emerged in court yesterday that the SFC was seeking to amend its original petition.

12 Jan 1995 - 12:00am

Chesterfield files $24.7m writ against MKI

TRADING firm MKI Corp's list of troubles has lengthened to include a writ from its subsidiary Chesterfield, claiming almost $25 million.

The action is one of a barrage that has been fired by Chesterfield following an investigation by an independent board committee formed by its new management team.

5 Jan 1995 - 12:00am

MKI and associate preoccupy the media

THE fortunes of MKI Corp, its 25 per cent associate Chesterfield and Arthur Lai, the controversial financier who ran them both, have been the subject of reams of news print and barrels of ink.

MKI's shares more than doubled in price from a low of 28 cents on March 30 to reach a high of 62 cents by the start of June.

31 Dec 1994 - 12:00am

MKI wins marketing rights to seismic centre

LOCALLY listed MKI Corporation has been awarded an exclusive marketing agreement for the Asia Supercomputer Research and Services Centre, located in Mongolia.

The centre is to supply seismic data processing for both private and government-owned corporations that are in the process of developing natural resources, particularly oil, as well as minerals and natural gas in Asia.

8 May 1994 - 12:00am

Mixed results from group

MKI Corp has made a profit of $18.8 million for the six months to September, while associate Chesterfield has suffered a loss of $14.8 million.

21 Jan 1993 - 12:00am