Highways & Rail Tracks

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Heilongjiang Transport Development to sell entire stake in wholly owned subsidiary

Thursday, 17 Jul 2014 08:00pm EDT

Heilongjiang Transport Development Co Ltd:To sell 100 pct stake in its wholly owned subsidiary, a real estate development company, to a Heilongjiang-based highway company.Transaction price of 25,051,000 yuan.

NIPPON PARKING DEVELOPMENT Co Ltd to establish new subsidiary

Friday, 11 Jul 2014 03:45am EDT

NIPPON PARKING DEVELOPMENT Co Ltd:To establish a new wholly owned subsidiary in Tokyo in middle August.Subsidiary to be capitalized at 30 million yen and to be engaged in education service to returnees and overseas children.

Transurban Group consortium reaches financial close on acquisition of Queensland Motorways

Wednesday, 2 Jul 2014 02:12am EDT

Transurban Group:Says that consortium comprising Transurban (62.5 pct.), AustralianSuper (25 pct.) and Tawreed Investments Limited (a wholly owned subsidiary of Abu Dhabi Investment Authority) (12.5 pct.).Has reached financial close on acquisition of Queensland Motorways for $6.673 bln, plus stamp duty and transaction costs of $0.447 bln.


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