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SEOUL (Reuters) - American International Group (AIG.N: Quote, Profile, Research) is interested in expanding into consumer finance in South Korea and may buy Korean companies to grow its businesses, the head of its Korean life insurance unit said on Thursday. AIG, the world's largest insurer by market capitalization, runs life and non-life insurance, investment and real estate operations in South..
TOKYO (AP) — Japan Tobacco and Nissin Food Products are buying scandal-ridden Katokichi in a deal worth nearly $1 billion that will create Japan's biggest frozen food maker, the companies said Thursday. Japan Tobacco Inc., the world's third-largest tobacco company by sales volume, is hoping to branch out into other sources of revenue — such as food and pharmaceuticals — as the number of smokers ..
SHENZHEN, Nov 15, 2007 (SinoCast via COMTEX) -- BELLF | charts | news | PowerRating -- Belle International Holdings Ltd. (BIHL, SEHK: 1880), the largest retailer of ladies footwear in China, is to purchase five subsidiaries of Jiangsu Senda Group Co., Ltd. (JSG) with a total of CNY 1.6 billion, said a BIHL executive on November 13, 2007. New Belle Footwear (Shenzhen) Co., Ltd., a wholly-owned su..
This is made for helping the company which is preparing for public listing in Hong Kong stock exchange. Section I: Benefits of Listing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Section II: Why Listing in Hong Kong . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Section III: Salient Features of the Main Board Listing Rules and the GEM ..
In what ways are H-share companies different from red chips? “H-share companies” refer to state-owned Chinese enterprises with its shares listed in Hong Kong. H-share companies are companies incorporated in the People's Republic of China and approved by the China Securities Regulatory Commission for a listing in Hong Kong. Shares in these companies are listed on the Stock Exchange, subscribed fo..
Nation’s Largest Bank Close to Taking Over Hannuri Securities for 280 Billion Won By Na Jeong-ju Staff Reporter Kookmin Bank has agreed to buy Hannuri Investment & Securities, a small brokerage firm based in Seoul, for some 280 billion won ($309 million) with its largest shareholder, J.D.K Investment Corp. of the United States, sources close to the deal said Monday. Kookmin will take over the in..