20 May 2013
COFCO, the State-owned largest food company in China, has signed an agreement with Danone, pursuant to which the two parties will form a joint-venture. COFCO has agreed to sell 148,014,022 shares in China Mengniu (a HK listed company) to the joint-venture. COFCO and Danone will own 51% and 49% respectively in the newly formed company. After the transaction, COFCO will continue to be the single largest shareholder in Mengniu......
13 May 2013
China State Construction International Holdings Limited is delighted to announce that China State Construction Engineering (Hong Kong) Limited and China Construction Engineering (Macau) Company Limited, two of the Group’s wholly-owned subsidiaries recently secured a project from MGM China Holdings Limited (Stock Code: 02282) on Cotai with a contract value of HK$10.5 Billion, which is the largest wholly-conducted contract in CSCI’s history......