CSRC APPROVES 4.5B YUAN UNICOM RIGHTS ISSUE China Unicom says the China Securities Regulatory Commission has approved a three-for-10 A-share rights issue announced in April. The company said 1.5 billion rights shares would be offered at three yuan per share, raising net proceeds of 4.41 billion yuan to be used to acquire assets from parent Unicom Group. Lai Sun and associates suspended pending notice Trading in the shares of Lai Sun Garment (International), Lai Sun Development and eSun Holdings was suspended yesterday pending an announcement of a proposed settlement of $1.5 billion Lai Sun Development owes media associate eSun, a source said. singamas cites controls for ending container deal Singamas Container Holdings, the world's No2 shipping container maker, has cancelled a planned joint venture in Qingdao, blaming 'recent control measures' by mainland authorities. It had planned to buy 25 per cent of the container component manufacturer for $2.92 million. tang heads for beijing to push $20b global bond Financial Secretary Henry Tang Ying-yen will brief officials in Beijing this weekend on the territory's $20 billion infrastructure bond offering. Fund managers said China might buy 20 per cent of the issue. smic in imaging venture Semiconductor Manufacturing International Corp (SMIC) has formed a joint venture with Japan's Toppan Printing to make on-chip colour filters and micro-lenses for image sensors used in digital cameras and mobile phones.