Apollo to Buy Minority Stake in Engineering Services Firm CH2M Hill
Apollo Global Management LLC has agreed to buy a minority stake
in CH2M Hill Inc., a deal that values the global engineering
services company at roughly $2 billion. (published 0153 GMT)
Chinese Bottle Maker Zhuhai Zhongfu Defaults on Bond Principal, Interest
A Chinese beverage-bottle maker said it has defaulted on
repaying the principal and interest on a 590 million yuan bond, and
that its shares would resume trading on the Shenzhen stock exchange
on Thursday. (published 0138 GMT)
China Jinhai International: Raising HK$1 Billion via Share Sale
China Jinhai International Group Ltd., an electronic-product
trading company, is raising 1 billion Hong Kong dollars from a
share sale to help fund its lending and trading businesses as well
as securities investments. (published 0052 GMT)
Keppel DC REIT: To Acquire Property in Sydney for A$43.3 Million From Macquarie Telecom
Keppel DC REIT Thursday said it has signed a deal with Macquarie
Telecom Group Ltd. to acquire a property in Sydney for 43.3 million
Australian dollars . (published 0144 GMT)
Tempus Holdings: Raising HK$136.6 Million via Share Sale
Tempus Holdings Ltd., which is engaged in the development and
sales of health and wellness products, said late Wednesday it is
raising 136.6 million Hong Kong dollars from a share sale and
proceeds will go to reserves for potential investments. (published
0153 GMT)
Singapore Exchange Advises Caution While Dealing With Dukang Shares
Singapore Exchange advised investors Thursday to deal in shares
of Dukang Distillers Holdings Ltd. with caution after the company
said it wasn't aware of any reasons for a surge in its share price.
(published 0152 GMT)
Cosco Corp: Agreed to Extend Delivery Date of Two Platform Supply Vessels
Shipbuilder Cosco Corp. said Thursday that its unit has agreed
to extend the delivery date of two platforms supply vessels to an
American ship owner. (published 0143 GMT)
AirAsia X Reports Wider Loss in First Quarter As Foreign Exchange Hurts
AirAsia X Bhd., the long-haul affiliate of Malaysian budget
carrier AirAsia Bhd., said its net loss in the first quarter of
this year widened, mainly because of foreign-exchange losses.
(published 0137 GMT)
Sony Buys Data Storage Startup Firm Optical Archive -- Update
Sony Corp., known more for selling to consumers than companies,
is taking a step outside its comfort zone by backing an effort by a
former Facebook Inc. executive to bring optical data storage to
corporate data centers. (published 0006 GMT)
Fonterra Boss Lukewarm on Milk-Price Rebound
Global dairy giant Fonterra Co-Operative Group Ltd. is cautious
about a recovery in milk prices, a view that offers little
immediate comfort to New Zealand's beleaguered dairy farmers.
(published 0052 GMT)