The panel addresses vexing questions of investor interest:Monday, 20 February, 2012, 12:00am
Bank of America Corp plans to exercise a call option to raise its stake in China Construction Bank Corp to 19.13 per cent from 10.75 per cent in a long-awaited deal worth about HK$54.8 billion.
CCB said yesterday that it had received a notice from Bank of America proposing to buy 19.58 billion H shares from China SAFE Investments through a call option this month.18 Nov 2008 - 12:00am
Red-chip conglomerate Shanghai Industrial Holdings plans to sell 1.51 billion yuan worth of pharmaceutical assets to its Shanghai-listed unit in a move to group all related businesses under a single platform.17 May 2007 - 12:00am
In a day of contrasts, China Huiyuan Juice Group made the strongest listing debut of the year while China Properties was the first new issue of 2007 to sink below its offer price, as investors chased mainland consumption plays but punished poor governance.24 Feb 2007 - 12:00am
Shares of red-chip Guangdong Tannery soared more than 27 per cent yesterday as the stock resumed trading after its suspension on June 28.
The counter closed at 27 cents, one cent shy of the general offer price from the company's unlisted mainland parent, which hopes to privatise the subsidiary.14 Jul 2005 - 12:00am
Shareholders of K Wah Construction Materials should vote for the planned acquisition of Galaxy Casino, according to an independent financial adviser contracted by the company.1 Jul 2005 - 12:00am
KERRY GROUP may need to revise its privatisation proposal upwards to match the recent 13 per cent rally in property stocks since it announced a second bid of HK$9.50 per share, says JP Morgan, which has issued a 'neutral' recommendation on the stock.22 Jun 2003 - 12:00am
Jardine Strategic Holdings said its unaudited net assets per share stood at US$3.87 on November 30. Of this, $3.30 was attributable to the company's interests in directly held businesses other than Jardine Matheson, based on market price.10 Dec 1998 - 12:00am
Goretex jacket-maker Takson Holdings has spent about $3 million buying listed securities despite the market's turbulence, according to chairman Takson Wong Tek-son.
However, in the year to last March the company made a provision of $110,000 for securities investments worth $1.62 million at the balance date.3 Sep 1998 - 12:00am
S. Megga International Holdings has made an application to the stock exchange for the resumption of trading in its shares today after a nine-month suspension. As of June 30, the group's unaudited consolidated net asset deficiency was about $36 million, and the amount owed to creditor banks and convertible note holders was $419 million.1 Sep 1998 - 12:00am