Sa Sa International Holdings Ltd<0178>, a leading cosmetics retailer and beauty service group in Asia, plans to increase the number of mainland sales outlets to 54 from 33 this fiscal year, and will open 12 new Sasa stores and seven beauty counters, said Siu Ming Kwok, chairman and CEO of the company, sources reported....
Zhuzhou Times New Material Tech Co Ltd<600458> plans to issue up to 60 million shares to not more than 10 institutional and individual investors, according to a company statement.Zhuzhou Times New Material Tech hopes to raise over RMB 800 million from the share issuance, and half of the proceeds will...
China State Construction Engineering Corp (CSCEC), the country's largest civil engineering company, is likely to be among the first batch of firms to issue new shares under the new IPO guidelines that took effect on Thursday, the China Daily reported, citing analysts as saying....
SAIC Motor Corp Ltd<600104>, a listed subsidiary of Shanghai Automotive Industry Corp (SAIC), said on Wednesday that it plans to set up an investment company in Hong Kong, sources reported.The new company, to be known as SAIC Motor HK Investment Ltd, will have a registered capital of US$9.9 million...
Hong Kong-listed investment holding company Lippo Ltd<0226> expects to record sales revenue of HK$3.2 billion from two new property projects, Marina Collection and Centennia Suites, in Singapore, the Standard report.The company expects its rental income, accounting for 50% of the firm's turnover, to hit...
New Hope Group (NHG), China's largest animal feed producer, plans to invest RMB 100 million in the dairy industry in Kunming City, the capital of Yunnan Province, said NHG Chairman Liu Yonghao, sources reported. Liu said the company will invest over RMB 40 million in Kunming Xuelan Dairy...
The Beijing government on Tuesday announced new policies meant to encourage multinational companies to establish their regional headquarters in the capital. The new document detailing the favorable policies replaces a 1999 version. Rules regarding the implementation of the new policies...
Hong Kong-based investment holding company New World Development Co Ltd<0017> on Wednesday said it is not involved with the Chinese investors who want to buy a stake in Cavaliers Operating Co, the holding company of the U.S. basketball team, the Cleveland Cavaliers, the Wall Street Journal reported....
State-owned Taiwan Power Company (Taipower) plans to invest NT$1.17 billion in building the largest solar power plant of the island in Kaohsiung County, sources reported. The new plant, which is designed with a capacity of 4,000kWp (kilowatt-peak), or 5.11 million kWh per year, is expected to start construction this July....
Geely Automobile Holidngs<0175>, a major domestic auto maker in China, said on Tuesday that it aims to sell HK$769.5 million worth of new shares to its controlling shareholder to fund acquisitions and replenish working capital, Reuters reported.The company said in a statement that company Chairman Li Shufu...