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xin15 posted an update: Sovereig bridesmaid gowns n wealth fund to buy CITIC Capital stake bridesmaid gowns interlining solar home system roll forming [...]

Fri, 03 Feb 2012 02:50:25 +0000

xin15 posted an update: Sovereig bridesmaid gowns n wealth fund to buy CITIC Capital stake
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Sovereign wealth fund to buy CITIC Capital stakePublished: 20 Jul 2009 07:02:01 PSTChina Investment Corp (CIC), the country’s $200 billion sovereign wealth fund, has agreed to invest HK$2 billion ($258.1 million) for a 40 percent stake in private equity fund manager CITIC Capital, sources said yesterday.CITIC Capital, backed by the powerful CITIC Group, which is directly led by the cabinet, will issue new shares only to CIC, and the deal could help the fund manager boost its capital base to HK$5 billion ($645 million) from the current HK$3 billion ($387 million), said the sources with direct knowledge of the matter.The alliance with CITIC Capital is CIC’s first investment in a Chinese asset manager.It will give the young sovereign fund, whose main focus is to invest abroad, a channel to tap domestic deal opportunities.CIC’s investment is only for the fund management firm and will have no impact on several funds worth about $2 billion in total now managed by CITIC Capital, said the sources. Many institutional investors, also known as “limited partners” (LPs) of CITIC Capital’s China-focused buyout and real estate funds, welcomed the deal, said the sources.“LPs definitely welcome the deal, given CIC’s government background, which can help CITIC Capital to do domestic deals easier in the future,” said one source.The sources, which declined to be identified before an official announcement is made, said the deal was expected to be announced as early as this week.Both CIC and CITIC Capital declined to comment.Beijing’s influential finance and business publication Caijing magazine first reported the alliance between CITIC Capital and CIC over the weekend. Explore the World, Understand China!Please log on http://www.gloaltimes.cn ペニーオークション rta kitchen cabinets lithium polymer 滤油机 kitchen cabinetry 超声波清洗机 kitchen cabinets 香港花店深圳罗湖搬家

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xin15 posted an update: Fiat sta Wastewater Treatment rts construction of car plant in China Wastewater Treatment Polo classique Betulinic acid Geiger counter [...]

Fri, 03 Feb 2012 02:49:57 +0000

xin15 posted an update: Fiat sta Wastewater Treatment rts construction of car plant in China
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Fiat starts construction of car plant in ChinaPublished: 27 Nov 2009 01:02:01 PSTGuangzhou Automobile Industry Group and Italy's Fiat SpA started the construction of a 5-billion-yuan ($733 million) passenger car plant in China yesterday.The new GAC Fiat facility, first announced in July, represents the Italian car maker's return to the Chinese auto market after it ended eight years of cooperation with Nanjing Auto in 2007 due to a failed partnership.Located in Changsha, capital of Hunan province in central China, the equally owned car production joint venture will produce 140,000 vehicles and 220,000 engines annually in the first phase.The first model to be produced will be Fiat Linea mid-class sedan as well as Fiat's 1.4-liter turbo engine when production starts in 2011.The car maker, which formed a strategic partnership with Chrylser LLC globally, said the Chinese passenger car project is an important move in its global strategy."It would be impossible for Fiat to rapidly achieve a large market share merely depending on its small cars, where the segment is highly competitive," said Wang Liusheng, an auto analyst from Merchants Securities Co."The reborn of Fiat in China will also involve brand-building and setting up dealerships," he added.With a limited product portfolio, the Italian car maker lost its direction in China, where soaring vehicle sales boosted the profits and sales of major global car makers, including General Motors Corp and Volkswagen AG.The maker of Alfa Romeo cars and Ferrari sports cars has three imported vehicles in the Chinese market now.By teaming up with Fiat, Guangzhou Automobile wants to accelerate the development of self-branded vehicles using Fiat's technology.Shanghai Daily Explore the World, Understand China!Please log on http://www.gloaltimes.cn 老房子 cheap kitchen cabinets lithium battery 过滤机 passenger elevator 超声波クレジットカードショッピング現金化减速机深圳南山搬家公司

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xin15 posted an update: Sinopec oil mist collector Group denies bidding US$8 bln for Addax Petroleum oil mist collector terminal block [...]

Fri, 03 Feb 2012 02:49:09 +0000

xin15 posted an update: Sinopec oil mist collector Group denies bidding US$8 bln for Addax Petroleum
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Sinopec Group denies bidding US$8 bln for Addax PetroleumPublished: 16 Jun 2009 19:57:59 PSTTop 5 News From ChinaKnowledge.comHP awards researchers in Chinese universitiesHang Seng Index opens 181 points lower on WedPetroChina seeks partner for RMB 15-bln refinery in ChongqingCNPC to start Sino-Burma pipeline construction in SepSinovac's H1N1 flu vaccine for clinical trial by JulyJun. 17, 2009 (China Knowledge) - China Petrochemical Corp (Sinopec Group), the country's largest refiner, did not submit a bid of US$8 billion for Switzerland's Addax Petroleum Corp, said Huang Wensheng, a spokesman for the Chinese oil giant, the China Daily reported.Media reported earlier that Sinopec, a major subsidiary of Sinopec Group, was in talks with Geneva-headquartered Addax Petroleum for an estimated US$8 billion acquisition. On Jun. 9, Addax Petroleum said that it was in preliminary talks with third parties about a potential transaction.Chen Ge, secretary of the board of directors of Sinopec Group, said that he has no knowledge of any bid. Overseas mergers and acquisitions should be managed by the group, not its subsidiaries. The group will increase its capital expenditure in its subsidiaries in the domestic market this year. Xu Dongmei, manager of overseas cooperation projects for the group, also said that she knows nothing about a bid for Addax, and that her department is not responsible for the offer. Addax Petroleum has businesses in West Africa and has exploration licenses in autonomous Kurdish region in northern Iraq. According to an earlier report, China's largest oil producer, PetroChina, announced that it would acquire 45.5% of Singapore Petroleum Co from Keppel Corp at an average price of US$4.25 apiece, but the plan is still waiting for approval. Copyright � 2009 http://www.chinaknowledge.com 烘箱 miniature bearings 办公室装修外汇交易过滤器物流公司 dental bearings 乳化机クレジットカード現金化口コミ

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