Eric Ng | South China Morning Post
  • Fri
  • Feb 27, 2015
  • Updated: 8:00am

Eric Ng

Guodian Tech to raise HK$5b

Guodian Technology and Environment Group plans to spend a total of 6 billion yuan (HK$7.32 billion) in this year's second half and next year on its power-plant pollution controls and clean-energy business development, and will plug the gap in proceeds from its initial p

Friday, 9 December, 2011, 12:00am

Guodian Tech to raise HK$5b

Guodian Technology and Environment Group plans to spend a total of 6 billion yuan (HK$7.32 billion) in this year's second half and next year on its power-plant pollution controls and clean-energy business development, and will plug the gap in proceeds from its initial public offering (IPO) with bank loans and operating cash.

9 Dec 2011 - 12:00am

Profit jumps at troubled China Gas

China Gas, a mainland natural gas distributor plagued by shareholder infighting and corporate governance issues, posted a 52.6 per cent jump in interim underlying profit.

30 Nov 2011 - 12:00am

Mainland firm banned for fraud

A subsidiary of China Metallurgical Group Corporation (MCC), a state-owned construction, resources and property conglomerate, has been banned by the World Bank from participating in its projects for three years for 'fraudulent misconduct' relating to an urban transport project in Bangladesh.

30 Sep 2011 - 12:00am

Travel Expert plans HK$50m share sale

Travel Expert (Asia) Enterprises, a leader in the frequent individual traveller segment of the agency business, aims to raise HK$50 million through an initial public offering to expand its corporate business and fund possible expansion on the mainland and in other parts of Asia.

The company plans to sell 100 million new shares.

16 Sep 2011 - 12:00am

Rebate to cut PetroChina import loss by HK$2.4b

The Ministry of Finance will rebate natural gas importers the 13 per cent value-added tax they are paying to help cut their losses due to high import prices and low domestic prices.

24 Aug 2011 - 12:00am

West's credit woes expected to drag down exports from Asia

Hong Kong faces a heightened risk of 'stagflation' next year - slow economic growth coupled with high inflation - as the fallout from the sovereign credit crisis in the West surfaces in the form of weaker exports for Asia, according to an economic adviser to HSBC.

15 Aug 2011 - 12:00am

CNNC unit to buy parent's assets to help lift profits

CNNC International, the Hong Kong-listed unit of the nation's largest nuclear power plants developer that focuses on overseas uranium sourcing and mining, aims to become profitable next year, according to its chief executive.

30 May 2011 - 12:00am

Sinopec posts 24.5pc rise in net profit

29 Apr 2011 - 12:00am

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