Mitsubishi Ufj Financial Group

MUFG mulls Asian focus on investment banking

Mitsubishi UFJ Financial Group, Japan's largest bank by assets, is looking to shift its traditional commercial banking business model in Asia to becoming more investment bank-driven.

Thursday, 12 January, 2012, 12:00am

Towngas signs HK$3.8b loan deal

Towngas yesterday signed a HK$3.8 billion five-year syndicated loan facility agreement with a group of banks. Jointly arranged by the Bank of Tokyo-Mitsubishi UFJ, Mizuho Corporate Bank and Citi, it was oversubscribed by more than 70 per cent. The money will be used to refinance a HK$3 billion credit facility agreement dating back to 2006 and support the company's general funding.

11 Feb 2011 - 12:00am

Blogger back from airport exile launches campaign for donations

Shanghai dissident blogger Feng Zhenghu - the man who made international headlines during a three-month exile camped out in a Japanese airport - has launched an open campaign for donations, calling on his fans to 'save a cup of coffee, give me huge support'.

24 Jun 2010 - 12:00am

Jewellery firm's founders sued for HK$100m

Sun Hung Kai Investment Services is suing the estate of Lam Sai-wing, founder of 3D-Gold Jewellery Holdings, and his widow for more than HK$100 million it says they owe.

The legal action came one day after a Japanese bank sued a 3D-Gold subsidiary over a dispute involving HK$24 million worth of gold bars.

16 Oct 2008 - 12:00am

Tokyo bank lifts stake in Dah Sing

Dah Sing Financial Holdings will sell 8.46 million new shares to Bank of Tokyo-Mitsubishi UFJ at HK$55.75 per share.

Dah Sing said in a statement yesterday that the net proceeds of about HK$471.72 million would be added to its surplus capital resources.

27 Mar 2008 - 12:00am

Chan family in HK$317m offer for Asia Financial

Asia Financial Holdings chairman Robin Chan Yau-hing and his family have agreed to buy the 8.6 per cent stake held by the firm's third-largest shareholder for about HK$317.7 million and will make an offer for the shares they do not own.

10 Aug 2006 - 12:00am