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Riding on the success of Sino
Group in developing and managing an award-winning, widely diversified portfolio, Sino
Group of Hotels strives to expand its development in Hong Kong and regional gateway cities, and consistently delivers quality services and new additions to the portfolio.
An insider said that Pou Chen Group, a leading footwear maker in Taiwan and the largest shareholder of First Sino
Bank, will obtain 4% interest in Fubon Financial Holding by participating in an NT$10 billion cash capital increment of Fubon Holding after it sells its shareholding in First Sino
Bank to Fubon.
The Modification Agreement signed between Sino
Gas and CUCBM, which is 50% owned by CNOOC, also serves to accelerate activity on the PSC's development area and, in addition, to increase focus on the PSC's shallow CBM resources.
Pursuant to the Agreement, Sino
Gas will receive up to A$29.
Sydney and Johannesburg, 23 November 2006: Sino
Gold Limited (Sino
65 billion yuan to get 80% stake from First Sino
, which will be divided between the parent financial corporation and its arm Taipei Fubon Bank in a ratio of 29-51.
The addition of the stake in First Sino
Bank, if materialized, will enable Fubon to get ahead of its domestic peers in the deployment in the mainland Chinese market.
Commenting on this important milestone, Sino
Gas's Managing Director, Stephen Lyons, said that "Sino
Gas had delivered commercial gas flows on all 5 new flow tests carried out in the program:
During the Period, Sino
Prosper's revenue totalled HK$29.
Hong Kong is an international metropolis being backed up by a strong and well-structured economy and it serves as a strategic gateway for multinational corporations to tap and penetrate into the ever-growing and vast mainland Chinese market," Nicholas Yim, Executive Director & Group General Manager of Sino
Group of Hotels remarks.
Commenting on this milestone, Sino
Gas's Managing Director, Stephen Lyons, said that substantial operations were underway on its China Gas acreage.