Nan Fung deal lifts mainland China exposure

Nan Fung deal lifts mainland China exposure

South China Morning Post Nan Fung Group, one of the largest privately owned developers in Hong Kong, is acquiring the controlling stake in a property trust focused on commercial property development on the mainland, signalling its determination to expand across the...
Japan steps up SE Asia M&A as Meiji inks $700 mln Thai Life deal

Japan steps up SE Asia M&A as Meiji inks $700 mln Thai Life deal

Reuters Meiji Yasuda Life Insurance Co has agreed to pay about $700 million to buy a 15 percent stake Thai Life Insurance Co, underscoring the rising appetite of Japanese companies for deals in the rapidly expanding economies of Southeast. * Deal expected to close by...
CICC explores possible IPO

CICC explores possible IPO

Finance Asia 12 August 2013 Chinese investment bank looks to replenish its capital, sharpen its competitive strategy and strengthen its incentive scheme through a listing. China International Capital Corp (CICC), the first Sino-foreign investment bank, looks set to...
Mooncake maker mulls IPO to fund expansion

Mooncake maker mulls IPO to fund expansion

South China Morning Post 12 August 2013 China Angel Food, a Shenzhen-based mooncake maker and catering service provider, is considering an initial public offering either in Hong Kong or on the mainland to raise funds for its expansion. Chairman Patrick Liang Qiusheng...
Beijing Enterprises to Buy China Gas Stake From Parent

Beijing Enterprises to Buy China Gas Stake From Parent

Bloomberg Beijing Enterprises Holdings Ltd. said it will pay HK$8.22 billion ($1.1 billion) to its state-owned parent for a stake in China Gas Holdings Ltd., a supplier of natural gas to 184 Chinese cities. The company will pay HK$7.80 a share to Beijing Enterprises...
XM Asia to take majority stake in Designercity

XM Asia to take majority stake in Designercity

Research-live.com 9 Aug. 2013 Hong Kong — WPP-owned XM Asia has agreed to acquire a majority stake in digital technology agency Designercity. Designercity specialises in building integrated digital solutions that seamlessly connect across all different devices and the...