TTG Fintech Limited (ASX:TUP) today announced that its wholly owned subsidiary has signed a framework agreement with a leading PRC third party online payment solution company.
99wuxian is to raise $20 million at 40c per CHESS Depositary Interest (CDI), the security used by the ASX to allow international companies to trade on the local market. It is equivalent to 40c a share and, if fully subscribed, will value the company at about $410 million. The CDI holders will account for under 5 per cent of the company.
ABM Resources NL (ASX:ABU) has signed a commitment letter for a back-up and stand-by funding facility (the "facility") from the Australia and New Zealand Banking Group (ASX:ANZ).
Asian Activities Report for January 4, 2012 includes: LDK Solar Co., Ltd. (NYSE:LDK) has agreed to acquire approximately 33% increased share capital in Sunways AG (ETR:SWW) and has also offered to takeover all outstanding shares in Sunways; Mitsui & Co., Ltd. (TYO:8031) says that its joint venture company Galaxy NewSpring Pte. Ltd. will operate two new water treatment plants in China; Nomura Holdings, Inc. (TYO:8604) has reached an agreement to invest in Jiu You Quan Xing Equity Investment Fund, a private equity fund based in Shanghai; Diploma Group Limited (ASX:DGX) has achieved Practical Completion on its Eleven 78 development on Hay Street in West Perth; AEON CO., LTD. (TYO:8267) announced that its subsidiary, Petcity Co., Ltd. will be merging with AHB International Inc..
Asian Activities Report for December 9, 2011 includes: Shanghai Electric Group (SHA:601727) (HKG:2727) has signed agreements with Siemens (NYSE:SI) to jointly invest over 165 million euros in two joint venture companies in China for the development, manufacturing and sales of wind power equipments; Beijing Enterprises Holdings Limited (HKG:0392) says that its subsidiary Green Industry (Qinghai) has signed a contracting agreement for a 20 megawatt photovoltaic grid-tied power generation project in Qinghai Province in China; Mitsubishi UFJ Financial Group Inc. (TYO:8306) will form a strategic business and capital alliance with AMP Limited (ASX:AMP); Honda Motor (TYO:7267) says that two of its auto plants in Ohio have earned the U.S. Environmental Protection Agency's 2011 Energy Star award.
Asian Activities Report for December 6, 2011 includes: DunAn (SHE:002011) has recently won the Greatest Growth Potential Award at the 2011 Reputation List of China Listed Companies event in China; Honghua Group Limited (HKG:0196) will form a joint venture company with Gansu Huateng Petroleum Machinery Manufacturing Co., Ltd.; Seven Bank, Ltd. (JSD:8410) has received approval to list its shares on the Tokyo Stock Exchange on Monday, December 26, 2011.
Agricultural Bank of China Limited (SHA:601288) (HKG:1288) is planning to establish branches in London, UK and Seoul, Korea, where the Bank currently has representative offices.
