Korea M&A Corporation

China’s Jilin provincial government ordered Jianlong Group to abandon a buyout plan of state-owned Tonghua Iron & Steel Group after a manager was killed in a weekend brawl, state-run Beijing News said today. Several thousand Tonghua workers yesterday staged a rally to protest being taken over by Jianlong, attacking the closely held company’s representative Chen Guojun and battering him to death,..

Today, CDC Corporation (CHINA) (Analyst Report) announced that CDC Software, a wholly-owned subsidiary has filed a registration statement with the SEC for an initial public offering (IPO) of 4.8 million American depositary shares (ADS) at an estimated price of $11.0- $13.0 range. Of this total, 4 million ADS will represent newly-issued Class A ordinary shares being offered for sale by CDC Softwa..

China Natural Resources Inc a company based in the People's Republic of China announced that on July 10th 2009 it consummated the acquisition of 1. All of the issued and outstanding capital stock of Pineboom Investments Limited and its wholly-owned subsidiaries 2. The outstanding indebtedness owing by the Coal Group to the related party seller on the closing date. Pineboom, through its operating..

China Investment Corp (CIC), the country's $200 billion sovereign wealth fund, has agreed to buy a 40 percent stake in investment firm CITIC Capital Holdings Ltd, the official China Securities Journal reported on Monday. CIC will buy new shares to be issued by Hong Kong-based CITIC Capital, in which CITIC Pacific (0267.HK) and CITIC International Financial Holdings Ltd each hold 50 percent, the ..

China Security & Surveillance Technology, Inc which is listed on Dubai's NASDAQ says that it has signed letters of intent to purchase 100% ownership of Zhejiang Loyal Co., Ltd. ("Zhejiang Loyal") and Anhui Guangcheng Technology Co., Ltd. ("Anhui Guangcheng"). CSST will pay RMB110 million (approximately US$16.1 million based on an exchange rate of USD 1.00 to RMB 6.83) and RMB20 million (approxim..

China has given approval to PetroChina (0857.HK) to invest in Nippon Oil's (5001.T) Osaka refinery, finalising the Chinese state energy giant's second overseas refinery takeover. The National Development and Reform Commission, the country's planning agency said on its website (www.ndrc.gov.cn) that approval for the Osaka plant purchase was granted in June, but gave no details. Industry officials..