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| Online Stake | | 2008-07-15 10:38:00 | | Are you tired surfing the internet trying to find worthwhile casino games? Few gaming sites offer high prizes for minimum bets. Some people have biases on about online casinos. These people think that the real-world casinos are more credible than those that exist only as electronic packets of data. Online gambling, however, is not that radically different from the so-called real-world gambling. Chance or luck still plays a big role. | | By: Web Basics | | |
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| Vodafone buys majority stake in Ghana phone group for £450m - guardian.co.uk | | 2008-07-04 04:07:43 | | IntoMobile
Vodafone buys majority stake in Ghana phone group for £450mguardian.co.uk, UK -18 hours agoVodafone has snapped up a controlling stake in Ghana's third-largest mobile phone company for $900m (£450m) as the world's largest mobile phone operator …Vodafone in Ghanaian mobile dealBBC NewsVodafone to buy 70pc stake in Ghana's state-owned companyTelegraph.co.ukVodafone Buys Stake in Ghana TelecomNew York TimesBloggingStocksall [...] | | By: Free Software Download | | |
| | Deutsche Bank ups stake in Nam Viet Co. | | 2008-07-04 01:25:40 | | Nam Viet Joint Stock Co (coded ANV) reported its foreign shareholder Deutsche Bank Aktiengesellschaf -Deutshce Asset Management (Asia) Limited on...
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| | By: Vietnam Stock Market News | | |
| | Vijay Mallya eyeing a stake in SpiceJet | | 2008-07-03 02:31:00 | | After acquiring a stake in Air Deccan last year, UB Group chairman Vijay Mallya is all set to expand his wings further in the domestic aviation space. According to sources, now Mallya is eyeing a stake in low-cost carrier (LCC) SpiceJet.Last year when Kingfisher Airlines took a 26% stake in Air Deccan, Mallya had evinced interest in picking up a stake in SpiceJet but things did not move forward. "I am interested in SpiceJet but I am not a predator," he had said then. Kingfisher is now learnt to be eyeing a part of either the 12.9% stake held by SpiceJet's promoter, UK-based NRI Bhupendra Kansagra or the 13.4% stake held by Dubai-based investment firm Istithmar PJSC. Kansagra was under a lock-in period, which barred him from selling any part of his stake in SpiceJet. The lock-in period ended a few months ago.Kingfisher's executive vice president Hitesh Patel said he would not comment on the issue, but added: "I can see additional consolidation in the industry in next 12 to 18 months. Al | | By: Indian stock markets | | |
| | Acacia buys 50pc stake in Thai hotels | | 2008-07-02 16:44:00 | | Bahrain-based Acacia Real Estate has acquired a 50 per cent stake in three internationally branded five-star hotels in Thailand.The company has bought the shares through a joint venture with Meridia Capital, a Spain-based private equity group, and Capital Hospitality Group, a specialised hotel investment firm.The deal is projected to generate a rate of return for investors in excess of 20pc per annum over a five-year holding period.TAIB Bank has been appointed as the exclusive placement agent for the project.
| | By: Thailand Real Estate News | | |
| | ArcelorMittal to buy 60 percent stake in Dubai firm | | 2008-07-01 08:21:00 | | L.N. Mittal-led ArcelorMittal, the world's largest steel maker, is expanding its presence in the Middle East by acquiring a 60 percent stake in a Dubai-based steel distributor.In a statement issued at its Luxembourg headquarters, ArcelorMittal said it intended to acquire 60 percent of the entire issued share capital of Dubai Steel Trading Co (DSTC) FZCO, a newly incorporated company located in the Dubai's Jebel Ali Free Zone."This is an important partnership that will spearhead our distribution | | By: Brand Mantra | | |
| | Free Agents: What's At Stake | | 2008-06-27 13:33:16 | |
This year the free agency pool is thin on forwards with big names. Jaromir Jagr and Mats Sundin are in the mix, but they're not getting any younger and their best days are behind them. Marian Hossa is being shopped around by his agent, but his unpredictability and his high price tag make him a dangerous gamble for almost any team. For the most part, though, there are no superstars.
There are, however, some fairly solid players. Yesterday, James Mirtle posted a ranking of the free agents (including restricted ones) according to their points per sixty minutes of 5-on-5 play. What's extremely interesting about this list is the fact that three of the top four players are Avs.
Mats Sundin is top dog with 2.74 p/60, but immediately following him, in order, are Marek Svatos, Andrew Brunette and Wojtek Wolski. That's right. All three are above Jagr, Hossa, Rolston, Demitra and all the rest. When it comes to even strength play, the guys at the | | By: Mile High Hockey | | |
| | AAA insurer buys 50% stake into Hung Dai Duong Co | | 2008-06-19 18:54:37 | | AAA Insurance Joint Stock Co recently signed a strategic partnership contract to buy back 50% stake into Hung Dai Duong Co to set up a joint venture named AAA-Hung Dai Duong Joint Stock Co.
Hung Dai Duong specialises in fields of Granite mining and processing.
The joint venture will increase the mining and...
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| | By: Vietnam Stock Market News | | |
| | Exide picks up controlling stake in Leadage Alloys India | | 2008-06-18 22:08:00 | | Battery manufacturing major Exide Industries Ltd has acquired 51 percent stake in Leadage Alloys India Ltd, a lead smelting company near Bangalore, Karnataka, for Rs.340 million."Our own lead smelting units will not only give us better self-sufficiency in this critical raw material in the long run. It will also help us have better control over recycling of used batteries that we buy back from the market as part of regulatory framework for storage battery manufacture," T.V. Ramanathan, managing d | | By: Brand Mantra | | |
| | Italian Group Eyeing Stake In NYC's Flatiron | | 2008-06-15 00:21:00 | | Rome - An Italian property group said Thursday it is in advanced talks to take a majority stake in Manhattan's landmark Flatiron Building - one of the first skyscrapers in America. The family-run Sorgente Group is trying to acquire a 32 percent stake, on top of the 20-percent interest it previously bought from property broker Newmark Knight Frank, the company which controls the building. Sorgente Group said there are plans to renovate the 102-year-old building in the heart of Manhattan and possibly turn it into a luxury hotel. The total value of the building is $180 million, the group said.The group is also buying the company managing the rights to the name's trademark and the building's distinctive image, which made it a symbol of New York. Sorgente Group, which focuses on buying buildings and landmarks worldwide, also owns a 27.7 percent stake in the Chrysler Building
| | By: Italy real estate | | |
| | Vietnam Airlines licensed to sell 20% stake to foreign strategic shareholders | | 2008-06-13 20:14:38 | | Viet Nam Airlines recently was licensed to sell its 10-20% stake to foreign strategic shareholders, leading to the state holding in the firm at 70-80%.
The carrier's equitisation process is under the method of keeping the state's current holding and issuing extra shares to hike chartered capital.
Currently, Viet Nam...
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| | By: Vietnam Stock Market News | | |
| | Former Tuong An vegetable oil executive to cut stake | | 2008-06-13 06:05:36 | | Tuong An Vegetable Oil Joint Stock Company said on the exchange’s website Huynh Tuan Phuong Mai, its former chief executive officer, would reduce his stake by half to the equivalent of 0.32% of the company’s stock.
He will begin selling 60,745 shares June 16.
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| | By: Vietnam Stock Market News | | |
| | Deutsche Bank raises stake in seafood firm | | 2008-06-13 06:04:19 | | Deutsche Bank Aktiengesellschaf & Deutsche Asset Management Ltd. raised its holding in seafood trader Nam Viet Corp. to 5.04% from 4.98% by buying 38,680 shares, according to the exchange’s report on its website Thursday.
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| | By: Vietnam Stock Market News | | |
| | Petrolimex gas director to up stake | | 2008-06-13 05:59:41 | | Petrolimex Gas Joint Stock Corp., which has interests in petroleum and petrochemical downstream sectors, announced Tran Van Thinh, a director, will raise his holding from 23,370 shares to 30,000 by buying the shares before June 22.
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| | By: Vietnam Stock Market News | | |
| | STT to let go of stake in Indosat | | 2008-06-08 23:40:55 | | The Jakarta Post, Singapore Technologies Telemedia (STT) Pte Ltd, a subsidiary of Temasek, and Qatar Telecom (Qtel), announced Saturday their joint subsidiary, Asia Mobile Holdings (AMH), would sell its 40.8 percent stake in PT Indosat to Qtel.However, the Business Competition Supervisory Commission (KPPU) said that the deal could violate a Jakarta district court ruling which required a buyer to acquire no more than 10 percent. Under the deal, STT will no longer have any involvement in Indosat, Indonesia's second-largest telecommunications company, according to a joint press statement released Saturday.AMH is currently 75 percent owned by STT and 25 percent by Qtel.According to the statement, "Qtel has agreed to pay S$2.4 billion (US$1.8 billion) in cash to acquire AMH's entire interest in Indosat."The move followed a recent Central Jakarta District Court ruling that found Temasek and its subsidiaries, including STT, guilty of anti-competitive behavior in Indonesia's telecommunications | | By: Indonesia Type Approval/homologation/Compliance ce | | |
| | Minh Phu Seafood Co. executive ups stake | | 2008-05-31 12:13:44 | | Minh Phu Seafood Joint Stock Company said its deputy general director, Chu Thi Binh, boosted her holdings to 23.16% from 22.80% by buying 249,690 shares out of the one million she had originally announced she would buy between February 28 and May 28, according to the exchange.
She now plans to buy the remaining...
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| | By: Vietnam Stock Market News | | |
| | Investment fund’s stake in foodstuff firm diluted | | 2008-05-31 12:05:34 | | Viet Nam Emerging Equity Fund Ltd.’s stake in Sao Ta Food Joint-Stock Company was diluted to 7.57%t from 8.67%, the Ho Chi Minh City Stock Exchange said on its website Friday. The dilution was a result of the foodstuff company issuing new shares on May 21.
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| | By: Vietnam Stock Market News | | |
| | Thomson Medical Centre to buy equity stake in Viet Nam hospital | | 2008-05-22 21:10:00 | | Mainboard-listed Thomson Medical Centre has announced plans to buy into a hospital under construction in Viet Nam. Under the deal, its wholly-owned subsidiary has an option to subscribe for a 25% equity stake in Hanh Phuc International Women & Children Hospital Joint Stock Company.
It has up to three-years from the start of the hospital's operations to exercise the option.
The hospital is | | By: Vietnam Business Finance News | | |
| | Eximbank approved to sell 25% stake to foreign investors | | 2008-05-17 07:20:45 | | The governor of the State Bank of Viet Nam has approved the Export-Import Commercial Joint Stock Bank (Eximbank) proposal to sell 25% stake to four foreign investors, the State Bank of Viet Nam (SBV) announced on its website.
Accordingly, Sumitomo Mitsui Banking Corporation (SMBC), Eximbank’s strategic investor, will...
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| | By: Vietnam Stock Market News | | |
| | Standard Chartered ups stake in Asia Commercial Bank to 15% | | 2008-05-05 05:59:57 | | Standard Chartered Bank has increased its stake in Asia Commercial Bank to 15%.
Standard Chartered acquired a 6.16-per-cent interest from the International Finance Corporation (IFC), raising its holdings from 8.84% to the maximum of 15% allowed to be held by a single foreign strategic investor.
Under the deal, the...
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| | By: Vietnam Stock Market News | | |
| | Daimler to acquire 22.3% stake in engine maker Tognum | | 2008-05-01 07:21:00 | | Daimler AG aims to acquire EQT’s 22.3% equity interest in Tognum AG and has entered into an agreement in this matter. The proposal on this matter has been approved by the Supervisory Board of Daimler AG today. Thanks to the optimized shareholder structure and the initial public offering in 2007, Tognum AG has become a globally leading producer of off-highway engines with above-average operating margins. As EQT indicated its willingness to sell its stake in Tognum, Daimler will now be able to protect its long-term supply relations with Tognum by taking over this equity interest.The price per share is €20.00. On this basis, the purchase price would be approximately €585 million, making Daimler the largest shareholder in Tognum. Daimler has also arranged to acquire an additional nearly 1% of the shares in Tognum.Read more... | | By: Auto Blog India by Infibeam | | |
| | Ferrari's son to buy stake in Pininfarina, too | | 2008-04-30 05:59:00 | | Pininfarina and Ferrari have had an intertwined relationship for decades, and according to a report from Reuters, the families are set to intermarry. Piero Ferrari, Enzo's son, is expected to join three other "prominent figures of the Italian automotive industry" that will take a stake in Pininfarina.The news comes shortly after Tata announced plans to throw some money into the Italian design house, which includes a 100 million euro stake in the firm. Part of that cash infusion will help to create the new electric car Pininfarina is developing with Bollore, while simultaneously reducing the shares that the Pininfarina family currently holds. | | By: Car News | | |
| | Hacisco shareholder raises stake | | 2008-04-26 04:02:32 | | Hanoi Post and Telecommunication Construction and Installation Joint-Stock Company (Hacisco) shareholder Robert Alexander Stone raised his stake to 6.09% from 5.9% on April 18.
Stone boosted his stake by buying 10,000 shares, the Ho Chi Minh Stock Exchange reported on its website.
Last month he bought a...
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| | By: Vietnam Stock Market News | | |
| | Goldman Sachs acquires 8.16% stake in NDTV | | 2008-04-24 21:48:00 | | Goldman Sachs acquired 8.16% stake in New Delhi Television (NDTV), last week, reports Business Lines.The global firm has acquired the stake when an open offer by the company is going to start shortly. It was scheduled to start on February 12 and close on Mar. 3, 2008 but has been delayed.At the end of last year, Prannoy Roy and his wife Radhika Roy, promoters of NDTV, announced an open offer to acquire 20% equity stake of the company for Rs 438.98 a share, worth Rs 5.50 billion.The open offer followed the promoters` acquisition of 7.73% stake from GA Global Investments in December. Prannoy Roy bought the stake of 4,836,000 shares from the PE Fund. This increased the stake of the promoters to 61% from 53.3% the company.Shares of NDTV declined Rs 4.25, or 1.01%, to end at Rs 416.5. The total volume of shares traded was 33,270 at the BSE. (Thursday) | | By: Indian stock markets | | |
| | GMR Infrastructure builds on buying small stake in coal mining firm | | 2008-04-17 22:03:00 | | The company made this announcement during trading hours today, 17 April 2008.Meanwhile, the BSE Sensex was up 251.66 points, or 1.55%, to 16,495.85, on positive cues from the global markets. US stocks vaulted higher on Wednesday, 16 April 2008, after Intel Corp, JPMorgan Chase & Co and other blue chips reported earnings that reassured investors worried that a weak economy would sap corporate profits.On BSE, 7.73 lakh shares were traded in the counter. The scrip had an average daily volume of 24.38 lakh shares in the past one quarter.The stock hit a high of Rs 154.90 and a low of Rs 151.10 so far during the day. The stock had a 52-week high of Rs 268.70 on 6 December 2007 and a 52-week low of Rs 75.60 on 19 April 2007.The large-cap scrip had outperformed the market over the past one month till 16 April 2008, gaining 10.66% compared to the Sensex`s return of 9.51%. It had underperformed the market in the past one quarter, declining 31.29% compared to Sensex`s decline of 17.55%.The compan | | By: Indian stock markets | | |
| | Providential's Subsidiary, IndoChina Mining Corp., Signs Agreement to Create Joint Venture and Acquire Stake in Mining Company | | 2008-04-17 16:47:08 | | Providential Holdings, Inc., a company providing advisory, merger and acquisition services as well as independently investing in Vietnamese economic opportunities, today announced that its wholly owned subsidiary, IndoChina Mining Corp. (IMC), has entered an agreement with Phu Yen Mineral Joint Stock Company (Pymico)...
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| | By: Vietnam Stock Market News | | |
| | Ranbaxy picks up 9.54% stake in Orchid Chemicals | | 2008-04-09 00:23:00 | | Battle lines are being drawn in India’s pharmaceutical sector. A creeping acquisition has begun in the shares of Chennai-based Orchid Chemicals & Pharmaceuticals which has become vulnerable to acquisition after its share price fell steeply last month.A firm called Solrex Pharmaceutical Co, which market sources say belongs to Ranbaxy Labs or its founders, has now garnered 9.54% stake in the company.Orchid founder and managing director Kailasam Raghavendra Rao said he was determined to retain co | | By: Brand Mantra | | |
| | Rumormill: Daimler looking to buy big stake in Aston Martin | | 2008-04-06 04:30:15 | | What began as a rumor that Mercedes-Benz would begin supplying Aston Martin with engines has evolved into a full-blown partnership that may include both automakers co-developing platforms and technology. The newest report comes courtesy of Autocar, suggesting that M-B is considering purchasing a stake in Aston Martin and the Kuwaiti Investment Authority would in [...] | | By: Autospider | | |
| | Govt of Singapore picks up stake in ICSA | | 2008-04-06 03:02:00 | | ICSA (India) today said that the Goverment of Singapore Investment Corporation Pvt Ltd, along with its sub-accounts, has picked up 22,11,246 shares, amounting to a stake of 5.0245 per cent in the company. ICSA develops technology solutions for the power, oil, water and gas sectors to identify T&D losses and monitor power and oil consumption by identifying distribution losses. Earlier this year, Goldman Sachs had invested USD 46 million through foreign currency convertible bonds (FCCBs) apart from acquiring 3,50,000 convertible warrants. Other global investors include UBS, Merill Lynch and Morgan Stanley. ICSA (India) presently has an order-book of nearly Rs 1,000-crore, the release said.
| | By: Quick Scrip | | |
| | | Spice Communications Shares Gain on Report of Stake Sale Talks | | 2008-04-02 08:56:00 | | Spice Communications Ltd., the Indian mobile-phone unit of Telekom Malaysia Bhd., posted the biggest gain since its trading debut in Mumbai following a report that an overseas company may buy a stake.Spice gained 11.2 percent, the most since its first day of trading on July 19, to 34.25 rupees as of 11:05 a.m. on the Bombay Stock Exchange today.B.K. Modi, chairman of parent Spice Group, plans to sell his stake in the wireless carrier to overseas companies, India's NDTV Profit news channel reported yesterday. Emirates Telecommunications Corp. of the United Arab Emirates is in advanced talks to buy the stake, according to the report on the channel's Web site.AT&T Inc. has offered to buy Modi's stake for 110 rupees a share, NDTV Profit reported. Modi is seeking 400 rupees apiece, the channel said. | | By: Indian stock markets | | |
| | Google's Stake in Search Engine Optimization | | 2008-03-28 15:49:00 | | Bundled in the DoubleClick acquisition came Performics, which provides search-engine marketing (SEM) and search-engine optimization (SEO) services.This has created concern for SEM and SEO service providers, which now face Google, a key partner, also as a rival."It puts us in the awkward position of competing with Google's own [SEM/SEO] agency for client accounts," said Lance Loveday, CEO ofClosed Loop Marketing, an SEO and SEM firm.
| | By: Unofficial Google SEO News | | |
| | Malaysia's RHB Buys Stake In Viet Nam Securities Corp. | | 2008-03-28 08:04:15 | | Malaysia's RHB Investment Bank, the investment banking arm of RHB Banking Group, Friday entered into an agreement for a 49% stake in Viet Nam Securities Corporation (VSEC) for about RM13.3 million (US$4.17 million).
VSEC is a securities company licensed to engage in securities brokerage, securities financial and...
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| | By: Vietnam Stock Market News | | |
| | Indian Govt to dilute 5% stake in mini-ratna companies | | 2008-03-27 00:14:00 | | From the Economic TimesThe government plans to dilute its stake in about half-a-dozen listed mini-ratna companies including MMTC, STC, ConCOR and Shipping Corporation of India (SCI). It will divest 5% in these companies through follow-on public offers. A stake sale in MMTC alone is expected to bring in about Rs 5,000 crore. MMTC is currently trading at around Rs 19,452 on the Bombay Stock Exchange (BSE). MMTC’s market capitalisation is hovering at around Rs 1 lakh crore, the maximum among all listed mini-ratnas. The proposed stake sale in the mini-ratnas would fetch the government about Rs 7,000 crore. The money raised would be used to fund the government’s social sector programmes. Mini-ratnas have been identified for raising funds as allied Left parties are against dilution of the government’s stakes in navratnas. “We are in talks with nodal ministries for selling government stake in listed profitable central public sector enterprises (CPSEs) other than the navratnas,” an o | | By: Quick Scrip | | |
| | Malaysia's Maybank buys stake in An Binh Bank | | 2008-03-21 07:31:33 | | Malaysia's top lender, Malayan Banking Bhd (Maybank), has agreed to buy a 15% stake in An Binh Bank for 430 million ringgit ($135.2 million) cash, Maybank said on Friday.
It said it might raise the stake to 20% with the approval of the Vietnamse government, it said in a statement. ABBank, founded in 1993, is among...
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| | By: Vietnam Stock Market News | | |
| | MTNL gains buzz of stake sale in Sri Lankan unit | | 2008-03-19 03:49:00 | | BSE Sensex was up 358.95 points, or 2.42%, to 15201.06 as fears of a global turmoil in credit markets eased after a 0.75% interest rate cut by the US Federal Reserve and following better-than-expected results from two major investment banks -- Goldman Sachs Group and Lehman Brothers Holdings.On BSE, 4.07 lakh shares of the scrip were traded. The stock had an average daily volume of 10.60 lakh shares on BSE in past one quarter. The scrip had touched a high of Rs 104 and a low of Rs 99.40 so far during the day. The stock had hit a 52-week high of Rs 219.45 on 3 January 2008 and a 52-week low of Rs 95.50 on 17 March 2008. The scrip had underperformed the market in the one month to 17 March 2008, falling 23.91% as against the Sensex`s 18.25% fall. It had also underperformed the market in the past three months, slipping 45.32% against the Sensex`s 22.38% slide. The state-run telecom service provider has an equity capital of Rs 630 crore. Face value per share is Rs 10. At the current price o | | By: Indian stock markets | | |
| | District of Columbia v. Heller: Liberty at Stake | | 2008-03-18 16:10:30 | | UPDATE: Listen to the Audio.
Today the Supreme Court heard oral arguments regarding one of the most important issues of our time: The individual's Right to Bear Arms. I just read the transcript, and it looks good for those who cherish individual liberty. When the oral arguments are up in audio, I will try and post it for you.
For now, here is the link to the transcript.
Here are some great...
Click the Headline Link to Visit Copious Dissent and Read the Full Story.
| | By: Copious Dissent - Your Daily Dose of Liberty | | |
| | Au Lac Securities gets approval to sell stake to foreign investor | | 2008-03-17 07:36:50 | | The HCM City-head quartered Au Lac Securities Joint Stock Company has got approval from the State Securities Commission to sell shares to foreign investors.
Under the permission Au Lac will issue 4.9 million stocks to Technology CX (Cayman), which will help increase its chartered capital to VND100 billion (US$6.3...
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| | By: Vietnam Stock Market News | | |
| | Taiwan's Cabinet approved a proposal to let the island's banks acquire as much as a 20% stake in Chinese lenders | | 2008-03-16 03:34:00 | | The approval, which will help Taiwan banks expand to the fast-growing Chinese market and serve the hundreds of thousands of Taiwanese doing business and working in China, is the latest relaxation of rules covering China-bound investment by the ruling Democratic Progressive Party ahead of the March 22 presidential election.Last week, the Cabinet said it would let Taiwanese companies invest as much as 40% of their consolidated net asset value in China rather than up to 40% of their net asset value currently.The financial subindex of the Taiwan Stock Exchange ended up 0.9% following the announcement. The benchmark index closed 0.6% higher."We understand that local banks want to provide services where their customers are," Huey-Jen Jong, deputy director-general of the Financial Supervisory Commission's Banking Bureau, said at a press briefing after the Cabinet's weekly meeting.
| | By: Offshore Banking News | | |
| | Viet Nam Infrastructure Ltd. buys stake in Pha Lai Thermal Power | | 2008-03-14 11:17:12 | | Viet Nam Infrastructure Ltd. said it has bought a stake in Pha Lai Thermal Power Joint Stock Company (PPC), the listed energy company on the Ho Chi Minh Stock Exchange
The fund which invests in Viet Nam's infrastructure sector, has acquired about 10.59 mln shares in PPC over a eight-month period for 38.2 mln usd in...
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| | By: Vietnam Stock Market News | | |
| | BankInvest acquires stake in Vietnam Fan | | 2008-03-13 22:27:09 | | The Private Equity New Markets (PENM), a fund owned by Denmark’s investment group BankInvest, yesterday signed a strategic partnership contract with Viet Nam Fan Joint Stock Co. to acquire a 25% stake in the local manufacturer.
Under the deal signed at the New World Hotel Saigon, the fund after acquiring the stake in...
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| | By: Vietnam Stock Market News | | |
| | Porsche denies plan to raise stake in VW to 75% | | 2008-03-11 15:03:31 | | Filed under: Trends, Euro, Plants/Manufacturing, Porsche, Volkswagen
After Porsche moved to increase its ownership in Volkswagen to 51 percent last week, an overzealous German magazine took it one step further over the weekend by reporting that Porsche was going for an even larger piece of the pie… a whopping 75 percent. Porsche pulled in the reigns [...] | | By: Car O Focus | | |
| | Viet Nam raises foreign stake cap in unlisted firms | | 2008-03-07 23:25:40 | | Government has raised the cap on foreign share ownership at unlisted non-bank companies to 40% from 30% previously as part of efforts to attract more foreign investment.
Finance Minister Vu Van Ninh said in a statement on Saturday on the government Web site the ministry would also refrain from imposing a previously...
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| | By: Vietnam Stock Market News | | |
| | GAIL eyes ADBs 5.2% stake in Petronet LNG | | 2008-03-06 23:22:00 | | GAIL India is looking for acquiring Asian Development Bank`s 5.2% stake in India`s biggest liquefied natural gas importer Petronet LNG.ADB is likely to offloads its stake in Petronet by the 2008 end. GAIL, Oil and Natural Gas Corp, Indian Oil and Bharat Petroleum, which hold 12.5% stake each in Petronet, have the first right of refusal in case ADB was to offload its shareholding in the company.In case other promoters are not interested in selling the stake, State gas firm would be ready to look for the other options of buying the entire 5.2% of equity.Shares of GAIL gained Rs 4.8, or 1.21%, to end at Rs 403.1. The total volume of shares traded was 124,777 at the BSE. | | By: Indian stock markets | | |
| | Segambut MP Stake-Out! | | 2008-03-04 09:17:00 | | misofreak.blogspot
(...) To get in on the action went to another DAP ceramah at TTDI two nights ago where my guy did speak but it was pouring like mad(BN must've sent their bomohs out -lol) so didn't hear anything he had to say. I was drenched to the bone and so was everyone else but nobody left! Everyone stayed and patriotism was at an all time high. Raja Petra & Haris Ibrahim (go bloggers!!!) | | By: No2umnO | | |
| | Au Lac Securities To Sell Stake To Technology CX | | 2008-03-03 10:06:13 | | The State Securities Commission (SSC) said Monday it has approved the sale of a 49% stake in Au Lac Securities Joint Stock Company to Technology CX Company of the Cayman Islands (a British overseas territory located in the western Caribbean Sea).
Au Lac Securities Joint Stock Company is allowed to sell 4.9 million...
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| | By: Vietnam Stock Market News | | |
| | Malaysia's Ireka To Buy Stake In Kinh Bac Urban Development Corp.(KBC) | | 2008-03-03 05:20:30 | | Malaysia's Ireka Corp Bhd announced today that it is buying a stake in KinhBac City Urban Development Shareholding Corp (KBC), a company incorporated in Vietnam, for RM15.99 million.
In a filing to Bursa Malaysia, Ireka said the acquisition in KBC was a strategic investment that will provide the company with an...
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| | By: Vietnam Stock Market News | | |
| | Click&Phone Securities Sells 49% Stake To Golden Bridge Executive | | 2008-02-28 04:28:58 | | Stock broker, Click & Phone Securities Joint Stock Co. has sold a 49% stake to South Korea's Golden Bridge Securities, a Click & Phone Securities official said Thursday.
State Securities Commission has allowed Click & Phone Securities to sell the stake, said Nguyen Van Thinh, director for market development at Click...
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| | By: Vietnam Stock Market News | | |
| | BSE to take 26% stake in National Multi-Commodity Exchange | | 2008-02-23 21:22:00 | | Taking a big stride towards its foray into commodities trading, the Bombay Stock Exchange (BSE) has decided to play an active role in the management of National Multi-Commodity Exchange (NMCE), India’s first demutualised online commodity exchange. BSE has agreed to buy a 26% stake in the Ahmedabad-based commodity exchange, which is lagging behind its rivals MCX and NCDEX. BSE is in the process of finalising the transaction and will soon make a formal announcement to this effect, said BSE MD and CEO Rajnikant Patel. He, however, declined to comment on value of the deal because of the confidentiality clause. Market sources estimate the enterprise value of NMCE well below its peers, given its low trading volumes.BSE will be issued fresh shares, which will bring down the promoters’ stake substantially in NMCE. At present, Central Warehousing corporation holds a 26% stake while the National Agricultural Co-Operative Marketing Federation of India (Nafed) and the Punjab National | | By: Indian stock markets | | |
| | CapitaLand raises Singapore Ascott stake to 91.7% | | 2008-02-22 08:47:44 | | CapitaLand raises Singapore Ascott stake to 91.7%Â
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CAPITALAND is on track to delist its serviced apartment unit, The Ascott Group, after lifting its stake in the firm to 91.7 per cent.
The property giant said yesterday that once its offer expires next Tuesday, Ascott shares ‘may be suspended’ by the Singapore Exchange.
CapitaLand has stated its aim of [...] | | By: singapore property real estate news blog | | |
| | Franklin Templeton buys stake in Vietcombank Fund | | 2008-02-20 00:10:23 | | Franklin Templeton said on Wednesday it had bought a 49% stake in Vietcombank Fund Management, its first joint venture in Vietnam to tap retail demand for mutual funds and stock investments.
The remaining 51% stake in the fund management arm will continue to be owned by Vietcombank, the Bank for Foreign trade of...
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| | By: Vietnam Stock Market News | | |
| | | Personal Unsecured Loans: Don’t Keep Your Property at Stake | | 2008-02-07 07:47:58 | | Personal Unsecured Loans: Don’t Keep Your Property at StakeBy: Shain JohnsonA Brief Introduction Emotional attachment with the property is one of common nature of a human being. In spite of being well aware of the fact that a secured loan is more beneficial compared to an unsecured one we opt for the later. It’s not because we don’t want to owe a loan at lower rates, it’s only to avoid keeping the property at stake. If you think in the same way and are undergoing a tough time in managing some funds then personal unsecured loans are the best choice to end your starvation.Various Aspects of Personal Unsecured Loans The rise in popularity of this type of loans is just because of the liberty to avail a handsome loan amount and that too without placing any collateral. Though you are guarding your precious property but you have to make up for it in some other way. Being lent without any security, personal unsecured loans are available at reasonably higher rates and it’s justified t | | By: all credit loan. All about credit and loan. Always | | |
| | U.S. insurer AIG buys stake in Chinese carmaker Lifan | | 2008-02-06 02:02:04 | | Filed under: China, Safety, Motorcycles
One of the main concerns that Autoblog readers have about Chinese cars is their safety. We’ve seen some fairly horrific crash tests of Chinese-made cars recently, but some improvements, as well. You just gotta know American insurance companies are not looking forward to these things being on U.S. roads.
That’s why we [...] | | By: Car O Focus | | |
| | Giron buys Polar stake for NIS 125m | | 2008-02-02 17:22:00 | | Giron real estate bought 1.82 million Polar Investment shares at NIS 69 per share, a 56 percent premium on yesterday's closing price of NIS 44.27. The sale was made at a company value of NIS 587.1 million for Polar, compared with its market cap of NIS 364.8 million.
| | By: Israel real estate | | |
| | Report: Tata to get full stake in Jaguar and Land Rover | | 2008-01-30 09:01:32 | | Filed under: Plants/Manufacturing, Jaguar, Land Rover, Tata
The word out of Mumbai this morning is that Tata will be going for “an outright purchase” of Jaguar and Land Rover when the ink dries on its buyout of the two automakers from Ford. It was originally assumed that Ford would still maintain a minority stake in both [...] | | By: Car O Focus | | |
| | Porsche stake in VW unlikely to change soon; a new “VW law” could return | | 2008-01-30 04:01:29 | | Filed under: Etc., Euro, Porsche, Volkswagen
The so-called “VW law” was struck down by the European Court last October. Previous to that, the state of Lower Saxony was able to veto any Volkswagen shareholder action it didn’t like. When the law was struck down it looked like the Lower Saxony had no choice but to watch [...] | | By: Car O Focus | | |
| | Anil Ambani, six other raise stake in REL | | 2008-01-25 06:13:08 | | Seven promoters of Anil Ambani group's Reliance Energy, including the billionaire businessman himself, have raised their stake in the company by 2.37 per cent to 35.66 per cent.
According to a disclosure filed with the bourses, the promoters purchased 56.15 lakh shares in REL between May 14, 2007 to January 22, raising their holding to 8.43 crore shares or 35.66 per cent.
The transaction was | | By: Indian Stock Markets Revealed! | | |
| | | House of Pearl to buy 75% stake in HK-based co. | | 2008-01-14 03:38:00 | | Apparel maker and exporter, House of Pearl Fashions, signed a memorandum of understanding (MoU) to acquire 75% stake in the Hong Kong-based marketing company, Simple Approach. The acquisition will benefit the company in expanding its customer base into high fashion mid market segment. Simple Approach caters to the value and mid-market retailers in the UK and the USA. The company is expected to clock revenues of Rs 800 million in the current financial year. Its revenues are likely to grow to Rs 1,000 million in the FY 2008-09 and to Rs 2,000 million by FY 2010-11. Shares of the company gained Rs 19.7, or 6.95%, to trade at Rs 303.25. The total volume of shares traded was 44,926 at the BSE. (1.25 p.m., Monday) | | By: Indian stock markets | | |
| | TEXAS: Petrohawk expands stake in Fayetteville Shale | | 2008-01-09 00:34:41 | | Petrohawk Energy Corp. agreed to buy an additional 18,500 acres in the Fayetteville Shale
Production from the properties is about 5 million cubic feet of natural-gas equivalent per day, the Houston-based company said today in a PRNewswire statement. area for $222.5 million to expand drilling...
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| | By: energy BLOG | | |
| | Everything on stake for bigger success | | 2008-01-05 12:07:24 | | I watched great movie the other day - The Actors. British production. Now, how is that related to work from home, online business and stuff? This part, Michael Caine speaks, have to do with it:
-I’ll think you’ll agree that acting isn’t real. That’s because nothing is a stake. We’re just pretending that it is. Now, [...] | | By: Work from home AT blog | | |
| | Mirae Asset to buy Vietnam bank stake-paper | | 2008-01-04 22:58:13 | | Mirae Asset Securities, the brokerage arm of South Korea's top mutual fund firm, plans to buy 15% of a Vietnamese bank in its drive to expand in the rapidly growing local market, a newspaper said on Saturday.
The Vietnam Economic Times said the...
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| | By: Vietnam Stock Market News | | |
| | Investors propose raising ceiling on foreign stake at banks | | 2008-01-04 04:45:50 | | The Viet Nam Association of Financial Investors (VAFI) has asked the Prime Minister to raise the ceiling on foreign stake in joint stock banks from the current 30% to 35 or 37%.
In its proposal sent to the PM and relevant agencies, the VAFI said...
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| | By: Vietnam Stock Market News | | |
| | American billionaire Fisher buys 3.24% stake in Celtic | | 2008-01-01 12:08:44 | | By PAUL DRURYAN AMERICAN billionaire has bought a slice of Celtic Football Club. John J Fisher, the son of the tycoon who founded the Gap clothing chain, snapped up 3.24 per cent of the Parkhead club.At yesterday's share price, Mr Fisher would have paid just under £630,000 for his stake. The sale will immediately spark fears that Celtic could go the way of Premiership giants Manchester United and Liverpool, who are now in American hands.Until now, ownership of Celtic has rested with the Irish billionaire Dermot Desmond.Despite enjoying massive windfalls in his other business interests – he made a £700 million profit on the sale of London City Airport – Desmond has not sanctioned a big spending spree at Celtic.Incomer Fisher is ranked the 258th richest person in the world, with an estimated fortune of $2 billion. Educated at Princeton University, 46-year-old Fisher is the son of Donald Fisher, who started the Gap clothing chain in San Francisco in 1969. He is a major fundraiser for the Republican Party in the US and played a leading role in the election of Arnold Schwarzenegger as the Governor of California.Father-offour Fisher lives in Presidio Heights, San Francisco, with his wife, Laura. He keeps a very low profile, though insiders say he has attended a number of games at Celtic Park.Fisher has an interest in another sport, as joint-owner of the American baseball team, the Oakland Athletics.Peter Rafferty, president of the Affiliation of Celtic Supporters Clubs, said fans will want to know more about Mr Fisher.He said: "We are always extremely interested in anyone who is buying into the club. We are very protective of our heritage. To be honest, this has come as something of a shock today. Fans will want to find out who he is, his motives in making such an investment and his vision of the future of the club."Last month, Celtic director John Keane increased his stake in the club to almost 6.5 per cent by buying a further 1.4 million ordinary shares.In r | | By: Billionaires Blog | Learn how to be a Billionaire | | |
| | Goldman Sachs, Macquarie to buy 20% stake in PTC India | | 2008-01-01 07:12:00 | | PTC India together with PTC India Financial Services (PFS), Goldman Sachs and Macquarie India Holdings (Macquarie) on Dec. 28, 2007 entered into a share subscription agreement and shareholders agreement, pursuant to which Goldman Sachs and Macquarie agreed to subscribe through fresh issue of equity shares to 20% each of the aggregate issued share capital of PFS.The completion of the transaction is subject to PTC, PFS, Goldman Sachs, and Macquarie obtaining all necessary approvals.The FIPB granted the company to invite equity participation from Goldman Sachs and Macquarie for up to 40% of the paid up capital of PFS.N M Rothschild & Sons (India) was the sole sell side advisor on the transaction and was responsible for conducting and managing an organized process of selection and induction of investors.Shares of PTC India declined Rs 7.85, or 4.72%, to settle at Rs 158.55. The total volume of shares traded was 570,572 at the BSE. (Tuesday) | | By: Indian stock markets | | |
| | Comvik aims to acquire stake in MobiFone | | 2007-12-22 04:23:43 | | Sweden's telco Comvik International is showing keen interest in MobiFone, with an aim to acquire a stake in this mobile Phone service operator when this company under the Vietnam Post and Telecommunications group go public next year as...
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| | By: Vietnam Stock Market News | | |
| | Bangladesh: Bishnupriya Manipuri survival at stake! | | 2007-12-22 01:14:11 | | It’s been two hundreds or more years since our forefathers settled here from a beautiful place called Manipur and consequently they had developed a diverse identity for us. The identity of Bishnupriya Manipuri was a result of long historical process and series of struggles. For years we, bishnupriyas, meiteis and pangons are living here with [...] | | By: Me and My Manipuri Things | | |
| | MobiFone May Sell 20% Stake to Foreigners | | 2007-12-21 12:07:59 | | MobiFone, one of Vietnam's largest mobile phone networks, may be allowed to sell a maximum 20% stake to foreign investors, Tuoi Tre Newspaper said.
Some large telecoms companies including Vodafone and France Telecom are eyeing to acquire stake in...
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| | By: Vietnam Stock Market News | | |
| | CIMB Investment to take 40% stake in Vietnam securities firm | | 2007-12-21 06:51:02 | | Malaysia's CIMB Investment Bank Bhd has entered into a collaboration agreement with Vietnam Shipbuilding Finance Company (VCF) to jointly set up a securiities firm in Vietnam.
In a statement on Dec 21, CIMB Investment said it would provide guidance...
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| | By: Vietnam Stock Market News | | |
| | Billionaire raises stake in barge builder | | 2007-11-30 06:34:50 | | Sam Zell, the Chicago billionaire who in April paid $8.2 billion to win a bidding war for Chicago Tribune parent Tribune Co., has accumulated more stock in Jefferson barge builder American Commercial Lines Inc.Nine of Zell's affiliates, including Chai Trust Co., increased their position to 25.5 percent of American Commercial Lines, from 24.5 percent on Nov. 21, according to Bloomberg, which cited securities records.The company's shares shot up11.5 percent yesterday, to $17.16.Earlier this month, The Motley Fool included American Commercial Lines on a list of stocks investors were abandoning, suggesting the shares might be undervalued.The stock had slid to nearly $13 on Nov. 12 after having traded near $39 in March.American Commercial Lines has struggled as the volume of commodities shipped on its barges has fallen.
| | By: Billionaires Blog | Learn how to be a Billionaire | | |
| | Billionaire Agarwal May Increase Hindustan Zinc Stake | | 2007-11-28 13:16:25 | | Nov. 27 (Bloomberg) -- Indian billionaire Anil Agarwal's London-based resources group may raise its stake in Hindustan Zinc Ltd. to strengthen control of the South Asian nation's largest producer of the metal.Agarwal's Sterlite Industries (India) Ltd. is in talks to buy the government's 29 percent holding, Vedanta Resources Plc spokesman Dhanpal Jhaveri said. Sterlite, a subsidiary of Vedanta, owns 65 percent and has an option to buy the stake.Vedanta's interest extends a record year for takeovers and investments in commodities companies, led by BHP Billiton Ltd.'s proposed $128 billion takeover of Rio Tinto Group. Zinc is the world's worst-performing metal this year, triggering a 25 percent drop in Hindustan Zinc's share price.``The company may not have to pay a huge premium as zinc prices have fallen sharply in the recent months,'' said Sanjay Makhija, vice president at Mumbai-based Fortune Financial Services Ltd. Zinc prices have fallen 43 percent this year on the London Metal Exchange.Agarwal said he acquired Sesa Goa Ltd, India's largest non- state iron ore exporter, in April, to help build a metal conglomerate like Rio Tinto.``We have indicated our intention to buy the stake but have yet to decide a date,'' Jhaveri said. Sterlite may buy the Hindustan Zinc stake by December, CNBC-TV18 reported earlier.Udaipur-based Hindustan Zinc rose 6.6 percent to 737.15 rupees at the 3:30 p.m. close on the Bombay Stock Exchange, the biggest gain in a month.Sterlite is awaiting details from mediators on purchasing a stake in Bharat Aluminium Co, Jhaveri said. Last month the government set up a panel to study a plan by Sterlite to buy the remaining stake. The panel comprises top bureaucrats.Sterlite, 68 percent owned by Vedanta, bought 51 percent of the state-owned aluminum maker from the government in 2001.Bharat Aluminium shares are not publicly traded.
| | By: Billionaires Blog | Learn how to be a Billionaire | | |
| | | What's At Stake In Today's Champions League Games | | 2007-11-27 10:51:00 | | If it seems like it's been awhile since the last UEFA Champions League match day, it's because it has. Nearly three weeks to be exact, which is like three years in soccer time. No, not really. The last time these group's played, Man U and Arsenal qualified for the round of 16. Today, a number of teams can join them:The key game today is probably Barcelona versus Lyon. After a slow start to the season Lyon have come on strong in recent weeks. They need to win today and hope that Rangers drop points at lame-duck Stuttgart--who themselves appear to have rediscovered their form, at least in the Bundesliga. All Barca need is a tie and they're through. If Rangers and Barca both win, it's over for Lyon. If Rangers win and Lyon tie, the French side are eliminated as well. If both teams tie, the situation will remain the same for the final match day, Dec. 12, when they face off at Ibrox. At least Rangers can drop no lower than third, which means they'll be playing European football after | | By: The Soccer Source | | |
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