Tag Archive | "company"

ADGS Advisory Inc. Intends to Acquire Hong Kong Based Accounting Advisory Company

News ) today announced that it has signed a Memorandum of Understanding to acquire a Hong Kong based accounting advisory company. The proposed consideration is expected to be approximately US … Full News here – Hong Kong News latest RSS headlines – Hong Kong News.net

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Director of Chinese aerospace company leaps to his death in Hong Kong

A Hong Kong-based executive of a subsidiary of the nation’s top aerospace company, who was facing an investigation on the mainland, has leaped to his death in Kwun Tong, police said. Full News here – Hong Kong feed

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Company fined for false claims

Kwun Tong Magistrate’s Courts fined a detective company operator $ 30,000 today for making false claims in violation of the Trade Descriptions Ordinance.   Customs received a complaint in November and found some claims posted on the company’s website were false, including the year of its establishment, the years of detective experience and staff qualifications.   […]

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Owner admits company laundered HK$2.2 billion

A company owner yesterday admitted allowing more than HK$ 2.2 billion to be laundered through the company’s accounts in three months. Full News here – Hong Kong feed

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Aircraft leasing company GE Capital Aviation plans $700 mln HK IPO-IFR

Aircraft leasing company GE Capital Aviation plans 0 mln HK IPO-IFR GECAS has already filed a listing application with the Hong Kong stock exchange, IFR said. Citigroup was hired to manage the GECAS IPO. GECAS is the aviation leasing arm of General Electric Co . (Reporting by Fiona Lau and Daniel Stanton of IFR … […]

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Hong Kong company directors go on buying spree amid heavy trade

Hong Kong company directors go on buying spree amid heavy trade For the second week running, director activity in Hong Kong was high with 47 companies recording 193 transactions worth HK$ 633 million, according to exchange filings from January 13 to 17. The figures, however, were down from the previous week's 54 … Full News here […]

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American money launderer Kats moved US$6b online for criminals ran shell company in Hong Kong

(43 mins ago) A New York man accused of being a ';global banker to criminals'' pleaded guilty in a Manhattan court Thursday in connection with a US$ 6 billion money laundering scam. He operated a shell company in Hong Kong. US authorities describe the case as the largest international money laundering prosecution which targeted a […]

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Hong Kong tycoon Li Ka-shings company mulls IPO of retail business

HONG KONG — Hong Kong billionaire Li Ka-shing's flagship company is considering spinning off its retail business in what could be one of Asia's biggest share sales in several … Full News here – Hong Kong News latest RSS headlines – Hong Kong News.net

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International Housewares Retail Company Limited holding company of Japan Home Centre business listed on the Hong …

HONG KONG, Sept. 26, 2013 /PRNewswire/ — International Housewares Retail Company Limited ("IHR"), the holding company of Japan Home Centre business ("JHC"), was listed yesterday on the Main Board of The Stock Exchange of Hong Kong Limited ("IPO"). IHR, an EQT Greater China II portfolio company, is a leading housewares retail chain with over 290 […]

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Ferry company says safety rules will force cuts

New World First Ferry says it will face difficulties coping with passenger demand in the coming year as a result of “incomprehensible” safety regulations set out by the government in light of the fatal Lamma ferry crash last year. Full News here – Hong Kong feed

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Hong Kong company provides loans takes designer handbags as collateral

Reuters reported this weekend about a company in Hong Kong that is capitalizing on a culture where designer bags fill closets, even among residents who are short on cash. Mortgage … Full News here – Hong Kong News latest RSS headlines – Hong Kong News.net

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Chinese dairy company to apply for Hong Kong IPO

/enpproperty–> Huishan Dairy Holdings Co Ltd is set to launch an initial public offering in Hong Kong to raise about $ 1 billion, the Financial Times reported on Tuesday. Headquartered in Shenyang, Liaoning province, Huishan hopes to launch pre-IPO marketing work on Monday. It will submit its application before the Hong Kong Stock Exchange's listing […]

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Li & Fung Surges in Hong Kong on Company Outlook

Li & Fung Surges in Hong Kong on Company Outlook The outsourcer rose 12 percent to HK$ 11.76 in Hong Kong, the biggest gain since April 2009. The Hong Kong's Hang Seng Index was little changed. Orders for the second half are “solid,” Chief Executive Officer Bruce Rockowitz said at an Aug. 13 press … Full […]

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Bus company under fire for sacking unionist driver

A subsidiary of property-to-transport conglomerate New World Development has been accused of suppressing its labour union by firing a cross-border bus driver who was active in union affairs. Full News here – Hong Kong feed

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Hong Kongs Li purchases Dutch waste company for 944 mil. euros

A group of Li's companies including Cheung Kong Infrastructure said Monday they were buying AVR-Afvalverwerking BV. Li's companies said they were buying the company because it represents a "compelling long-term investment opportunity for the consortium." Van Gansewinkel Groep, which is selling the company, said the deal would close in the third quarter of 2013. The […]

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