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China Flooring Holding Plans To Raise Up To US$300 Million In Hong Kong IPO - Source

China Flooring Holding Co. is planning to raise between US$200 million and US$300 million in an initial public offering in Hong Kong, a person familiar with the the situation said Wednesday. The flooring manufacturer aims to seek listing approval from the Hong Kong stock exchange ...

HK's First Yuan REIT May Miss April Listing

Regulators have yet to approve Cheung Kong (Holdings) Ltd's (0001.HK) $1 billion yuan-denominated real estate investment trust IPO, sources said, potentially derailing the company's target for a mid-April launch. Sources familiar with the matter said on Tuesday that the territory...

China Development Financial: Seek Closer Ties With Polaris Securities

China Development Financial Holding Corp. (2883.TW) said it sent a letter to Polaris Securities Co. (2854.TW) seeking closer cooperation with the brokerage, and denied market chatter it is preparing to launch a takeover bid for the company, according to a statement on Taiwan's ...

Shanghai Pharmaceuticals Enlarges IPO Plan

Following the recent rebound in Hong Kong shares, Shanghai Pharmaceuticals Holding Co. has increased the size of its planned initial public offering in the city to between US$1.5 billion and US$1.8 billion from the earlier US$1.2 billion, a person familiar with the situation said ...

Sequoia Capital Keeps The Chinese IPO Hits Coming

Even when U.S. companies are struggling to go public, venerable venture firm Sequoia Capital still finds a way to mint money from IPOs. Sequoia has another winner in China on its hands with Beijing-based Qihoo 360 Technology Co., whose stock soared 134% in its debut on the New ...

Dyson may only operate with fiber in future

Jan. 27, 2010 HIGH TECH materials firm Dyson is believed to be on the verge of a debt-for-equity swap with its banks, after reporting "significant progress" on debt talks. The Sheffield-based company, which has struggled with a heavy debt burden and its exposure to the automotive ...

Iluka Swings to Annual Loss on Lower Sales, Charges

Feb. 25, 2010 Iluka Resources Ltd., the world's biggest zircon producer, swung to a full-year loss after a decline in demand cut sales and forced the company to write down the value of deposits and close mines. The net loss was A$108.6 million ($97 million), or 26.8 cents a share...

Northern Graphite completes financing for graphite deposit

Mar. 8th, 2010 Industrial Minerals Inc. announces that its wholly-owned subsidiary, Northern Graphite Corporation ("Northern" or the "Company"), formerly Industrial Minerals Canada Inc., has completed a non-brokered private placement financing. Gross proceeds were C$1.475 million...

Delisting last-ditch attempt to rescue Dyson

April 2nd, 2010 HIGH-tech materials company Dyson Group has confirmed plans to delist from the stock market and hand control to its banks, which it hopes will secure its future. After more than a year of negotiations with its banks, the 200-year-old company said the complex ...

Northern Graphite Initiates Environmental/Mine Permitting Process

April 01, 2010 - Industrial Minerals Inc. ("IDSM") and its subsidiary Northern Graphite Corporation ("Northern" or the "Company"), announce that Stantec Consulting Ltd. has been retained to prepare a detailed scope of work, schedule and cost estimate to obtain environmental and ...

Sri Lanka graphite exporter returns to profit

May 03, 2010 - Sri Lanka's listed graphite miner and exporter Bogala Graphite swung back into profit in the March 2010 quarter after losses last year as sales recovered and it reduced costs by shedding staff. The company, a subsidiary of Graphit Krophmuhl AG of Germany, made a ...

Rio Tinto Seeking Approval for Weipa Bauxite Expansion in Australia

Sep 13, 2010 - Rio Tinto Group, the world's third- largest mining company, is seeking approval for a A$900 million ($837 million) expansion of its Weipa bauxite mining operation in Australia's Queensland state. The expansion would include two new processing plants and a new port, ...

Chinese demand, takeover talk propels Iluka Resources

Apri. 1, 2011 - Shares in Iluka Resources, the world's biggest zircon producer, rose to a record yesterday, driven by price gains fuelled by demand from China as well as takeover speculation. Iluka, which has a market valuation of $5.6 billion, gained 8.75 per cent to $13.30, the ...

FitesaFiberweb to expand spunmelt capacity in Peru & USA

FitesaFiberweb announces two major new investments to serve the Hygiene and the Healthcare markets in the Americas. Two high-technology spunmelt lines are to be installed in the next three years, one at a new site in Lima, Peru and one planned for the U.S. In Peru, construction ...

Haid Group To Build Three New Feed Plants

CHINA - Haid Group Co Ltd, an aquatic and poultry feed producer based in Guangzhou, Guangdong province, has announced that it plans to spend a total of RMB249 million to build three plants with a combined annual output of 640,000 tons of feed. One plant, which will be located in ...

Taiwan dollar, won lead Asia currency gain on factory reports

Asian currencies gained, led by Taiwan s dollar and South Korea s won, after reports showed faster growth in global manufacturing. Taiwan s currency headed for the biggest advance in two months after data yesterday showed U.S. manufacturing expanded in April at the fastest pace ...

China needs to raise interest rates

The latest data released by the Chinese State Statistical Bureau in 2010 indicates the consumer price index in China increased by 2.8% and the producer price index by 6.8% year-on-year to April this year. The growing inflationary pressure again highlights the need for China to ...

Speculation,drought, hype behind farm produce price spikes: official

BEIJING, May 31 (Xinhua) -- Speculation is said to be one of the factors that push up prices of some agricultural products in China, with drought and commercial hype conspiring to the spikes. Government's moves this year to cool down the property market has weighed heavily on the ...

Deadly typhoon cuts power in Manila, aims at China

MANILA (Reuters) C Typhoon Conson sliced through the Philippines' main island of Luzon, killing 22 people, felling trees and snapping transmission lines that could leave millions without power for at least two days, officials said on Wednesday. Twelve people were injured and 57 ...

Oceanus Group for Stock Exchange Float

TAIWAN - Aquaculture production and abalone processing company Oceanus Group is to convert 150 million existing shares into Taiwan Depository Receipts or TDRs. Oceanus plans to list the TDRs on the Taiwan Stock Exchange according to a report on Channel Asia News. It is the second ...
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