Korea M&A Corporation

Lotte Group is considering offloading its stalled theme-park project in northeastern China for at least 10 billion yuan ($1.6 billion), according to people familiar with the matter. South Korea’s largest operator of hotels, theme parks and duty-free stores is working with an adviser to gauge interest from potential investors, the people said, asking not to be named as the information is private...

HONG KONG — Singapore Airlines was rebuffed Tuesday in an effort to take a stake in China Eastern Airlines in a move that could remake the shape of China’s aviation industry with the possible emergence of one dominant Chinese carrier. A decision by minority shareholders of China Eastern to reject a tie-up with Singapore Airlines and a Singapore government investor has set the stage for an unusua..

SOUTH Korea's largest retailer Lotte Shopping Co plans to acquire a stake in a Chinese discount-store chain to expand its presence on the Chinese mainland, the Seoul-listed company said in a regulatory filing yesterday. Lotte agreed to buy a 49-percent stake in CTA Makro, which now operates five discount stores in Beijing and two in Tianjin, from SHV Holdings NV for 57.6 million euros (US$82.90 ..

China Finance Online Co. Ltd. said Wednesday it has completed its $3 million acquisition of an 85 percent stake in Hong Kong securities brokerage firm Daily Growth Investment Co. Ltd. Shares of China Finance Online, an online financial data provider, spiked $2.46, or 14.5 percent, to $19.45 in morning trading. The stock has traded between $3.95 and $47.68 during the past 52 weeks. Under the acqu..

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..

Sinobiomed Inc. ("Sinobiomed", or "the Company") (OTCBB: SOBM) is pleased to update on the acquisition, by its 82% owned subsidiary, Shanghai Wanxing Bio-pharmaceuticals Co., Ltd. ("Shanghai Wanxing"), of Suzhou Boai Medical Development Co., Ltd. ("Suzhou Boai"). On August 26, 2007, the equity owners of Suzhou Boai holding 90% of the equity of Suzhou Boai formally transferred their equity owners..

MANILA, Philippines -- Shares in Jollibee Foods Corp., the Philippines' largest fast food chain, were firmer in early trading Monday after the company announced it has agreed to acquire another restaurant chain in China, for $50.5 million. At 10:13 a.m., Jollibee was up 50 centavos, or 0.9 percent, at P53.50. Volumes, however, were thin with only 192,300 shares changing hands so far. The stock r..

HONG KONG, Sept. 19 /Xinhua-PRNewswire/ -- Shanghai Century , a special purpose acquisition company, today announced that Sichuan Kelun Pharmaceutical Co., Ltd (Kelun), China's largest producer of intravenous (IV) solution products, has provided Shanghai Century with unaudited financial highlights with respect to the consolidated results of operations of Kelun and its subsidiaries and variable i..

A move earlier this month by Singapore Airlines and Temasek, the Singaporean government's investment vehicle, to take a minority stake in troubled state-owned carrier China Eastern Airlines likely heralds further consolidation in China's aviation sector. Tie-up targets for international acquirers could include China Southern Airlines , which is China Eastern's state-owned peer, said analysts. Ai..

SHANGHAI (XFN-ASIA) - China B-shares were sharply higher in early trade amid reports that the securities watchdog is still studying the reform of the B-share markets, dealers said. The Shanghai Securities News quoted Qi Bin, director-general of research and strategy at the CSRC, as saying it needs to proceed 'prudently' because market opinion on B-share reform is so diverse, with some proposals ..

Blackstone Group plans to buy 20 to 40 percent stake in chemical maker China National BlueStar (Group) Corp for up to $500 million, according to a source close the to deal. A Chinese state investment agency owns a $3 billion stake of Blackstone. The source said that the deal could be closed within days. ** The future of the U.S. private equity market, at least through the rest of the year, appea..

SAN MATEO, Calif., and SHANGHAI, China, Sept. 9 /PRNewswire-FirstCall/ -- Menlo Worldwide, LLC, the global logistics subsidiary of Con-way Inc. announced today the signing of a definitive agreement to purchase Chic Holdings Ltd. and its wholly owned subsidiaries Shanghai Chic Logistics Co. Ltd. and Shanghai Chic Supply Chain Management Co. Ltd. Menlo is acquiring privately held Chic Holdings Ltd..

According to PriceWaterhouseCoopers Financial Services M&A Going for growth in Asia June 2007 Survey, if 2005 saw M&A activity of $38.8 billion, in 2006 the same (including insurance) rose to a record 66 per cent to touch $64.5 billion. High cost of deals notwithstanding, M&A activity in Asia, specially in the financial services sector, is seen to take on an upward trajectory over the next five ..

SHENZHEN, China, June 7 /PRNewswire-FirstCall/ -- China Security & Surveillance Technology, Inc. (BULLETIN BOARD: CSCT) , a leading provider of digital surveillance technology in China, today announced that it has completed the acquisition of Changzhou Minking Electronics Co., Ltd. ('Minking'). Under the terms of the transaction, the Company paid a total consideration of RMB 200 million (approxi..

BEIJING (XFN-ASIA) - Merger and acquisition deals in China involving foreign acquirers totaled 21.63 bln usd, with deals for retail and consumer-oriented businesses growing sharply with the easing of restrictions on foreign investment in the sector, The Standard reported, citing Thomson Financial. Many Western firms are also attracted to retailers as a play on China's rapidly growing middle clas..

China will take measures in 2007 to create a favorable environment for listed companies to carry out mergers and acquisitions, Shang Fulin, chairman of the China Securities Regulatory Commission (CSRC), said at a forum Thursday. The CSRC will also standardize mergers and acquisition involving foreign capital, in an endeavor to ensure a fair playing ground for all parties. Shang said that with th..

The insolvency law in Hong Kong, China is contained in the Companies Ordinance, the Bankruptcy Ordinance and the Companies (Winding-up) Rules. It is based on the law of the United Kingdom, prior to the introduction of the Cork Report. Like the regimes in Australia and New Zealand – also UK-based jurisdictions – it is generally creditor friendly. Out-of-court restructuring, schemes of arrangement..

A: Wholly foreign owned enterprises are permitted to register in cases where at least half of their annual output is exported or if the nature of their operations relies heavily on advanced technology and the application of this high technology is beneficial to China. Approval to establish a wholly foreign owned enterprise is granted much more sparingly when compared to joint ventures. Like join..

A: Equity joint ventures are the second most common manner in which foreign companies enter the China market and the preferred manner for cooperation where the Chinese government and Chinese businesses are concerned. Joint ventures are usually established to exploit the market knowledge, preferential market treatment, and manufacturing capability of the Chinese side along with the technology, ma..

Article 1 For the purpose of maintaining the order of the securities market, protecting the legitimate rights and interests of investors as well as the public interest, and promoting the sound and stable development of the securities market, these Provisions are formulated in light of such laws and administrative regulations as the Securities Law of the People's Republic of China. Article 2 Chin..

Decision of the Standing Committee of the National People's Congress on Amending the Law of the People's Republic of China on Commercial Banks(Adopted at the 6th Meeting of the Standing Committee of the Tenth National People's Congress on December 27, 2003) At its 6th Meeting, the Standing Committee of the Tenth National People's Congress decided to amend the Law of the People's Republic of Chin..

The government has claimed a victory for Hong Kong residents and businesses operating in the mainland, signing an agreement with Beijing that will eliminate double taxation and pave the way for more mainland investment through Hong Kong. The deal, signed in the city Monday by Chief Executive Donald Tsang Yam-kuen and Xie Xuren, the mainland's Minister of the State Administration of Taxation, wil..

TWO leading Chinese steelmakers plan to form a new company that could become the second-biggest domestic mill by output, in the latest example of consolidation in the fragmented steel industry. Jinan Iron & Steel Group and Laiwu Iron & Steel Group, both in Shandong Province, have agreed to pool assets to create Shandong Iron & Steel Group, Jinan's listed unit said in a filing yesterday. The rest..

How do we M&A in China? The answer is in this document.

Mergers and Acquisitions in China (2005) Merger and acquisition activity has increased dramatically in China over the last several years. While such transactions were virtually unknown a mere ten years ago, they are now an increasingly common and important feature of China's economic landscape. The M&A route now offers foreign investors a viable method of entering the China market. China's econo..

On July 5, when the Bank of China (BOC) launched its initial public offering (IPO) on the Shanghai Stock Exchange, the market reacted warmly and pushed its stock prices high above its original price. BOC's listing on the A-share market has a significance that cannot be overstated. The listing, coming soon after the government lifted its year-long ban on IPOs in May, is valuable both to the devel..

In China, Google has some kinds of troubles in its China business. Although Google vigorously began its own business in China, results are not so good until now. Why so tough in China? Surely several big reasons exist. First, China government doesn't want for Google or Other global portal sites to be main portal in China. China govn. would like for all the Chinese peoples to be under control wit..

How do we deal with NPL in China? Read this document.

1. 인수가능한 산업인지 확인 : 인수합병 이전에 외상투자산업지도목록에 부합되어 있는지 확인할 것. 만약 이 목록에 금지되어 있는 산업은 인수합병이 불가능함 1. Check whether the industry of company is restricted for foreigners or not 2. 인수방법 결정 : 지분인수와 자산인수로 구분되고 지분인수는 구주 인수와 신주 인수로 나뉘고 자산인수의 경우 한국에서와 같이 피인수기업의 직원과 채무에 대한 책임이 없다. 2. Deciding acquisition way: Normally there are two kinds of way. Acquiring shares and assets. Acquiring shares is divided by new issui..

Securities Law of the People's Republic of China (Adopted at the 6th Meeting of the Standing Committee of the Ninth National People's Congress on December 29, 1998)ContentsChapter I General Provisions Chapter II Issuing of Securities Chapter III Trading of Securities Chapter IV Takeover of Listed Companies Chapter V Stock Exchanges Chapter VI Securities Companies Chapter VIII Securities Registra..