China Communications Construction (1800 HK) announces that the CSRC has approved its A share issue application. It plans to issue not more than 3.5 billion A shares. (Hong Kong Economic Times A12)
Minth Group (425 HK) announces that a subsidiary sets up a JV company with Tokai Kogyo. The JV company will engage in the research and development, manufacture, production and sale of resin products, plastic injection products, key automobile parts and components. (Hong Kong Economic Journal B2)
Shanghai Electric Group (2727 HK) announces that it has appointed Chen Ganjin as its chief operating officer with effect from 28 September and the term of office ends at 14 December 2013. (SingTao Daily B5)
The Sincere Company (244 HK) expects its unaudited interim results for the 6 months ended 31 August this year to report a considerable increase in loss as compared to the corresponding period ended 31 August 2010. (Hong Kong Economic Journal B2)
Winteam Pharmaceutical Group (570 HK) announces that a subsidiary will buy the entire equity interest of Nanhai Yikang at a consideration of RMB6.8 million. (SingTao Daily B5)
CATIC Shenzhen (161 HK) is planning to reorganize the board of directors and renamed the company. (Sing Tao Daily B4)
China Railway (390 HK) purchased all the shareholdings of Henan Pingzheng Expressway Development Co., Ltd. for RMB 303 million from China Railway Engineering Corporation. (Hong Kong Economic Times A8)
Hang Lung Properties Limited (101 HK) won the bids of land lots in Kunming by RMB 3,497 million (about HK$4,285 million). The investment of the land lots will be HK$10 billion for the developments of shopping malls, offices and servicing housing. (Sing Tao Daily B4)
Modern Education (1082 HK) annual results for the year ended 30 June 2011 shows the net profit is 20.69 million dollars, which had reduced 48.4% compared to last year. (Hong Kong Economic Times A8)
The director of Sa Sa (178 HK) estimated the company capital outcome will reach HK$200 million dollars, which had increased 53.8% year-on year. (Sing Tao Daily B5)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
