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.

PT Citra Marga Nusaphala Persada Tbk announces FY 2012 and FY 2013 cash dividends

Tuesday, 1 Jul 2014 08:00pm EDT

PT Citra Marga Nusaphala Persada Tbk:Says its FY 2012 cash dividend is 10 rupiah per share and its FY 2013 cash dividend is also 10 rupiah per share, payable on Aug. 13 with record date of July 23.

Hubei Chutian Expressway to establish new subsidiary

Tuesday, 1 Jul 2014 08:00pm EDT

Hubei Chutian Expressway Co Ltd:Says establishment of a wholly owned subsidiary in Wuhan, with a registered capital of 10 million yuan.The new subsidiary will be mainly engaged in highway operation and management, employee training, educational counseling, software development and information technology consulting.

Trust Holdings Inc appoints chairman and president

Tuesday, 1 Jul 2014 02:30am EDT

Trust Holdings Inc:Appoints Yasushi Watanabe as chairman.Appoints vice-president Masahiro Kikuta as president to succeed Yasushi Watanabe.Effective July 1.

Guangxi Wuzhou Communications announces asset swap plan

Monday, 30 Jun 2014 08:00pm EDT

Guangxi Wuzhou Communications Co Ltd:To divest a section of highway assets in exchange for up to 29.26 pct stake in a Guangxi-based expressway company from Guangxi Communications Investment Group Co., Ltd.The company is holding 70.74 pct stake in the expressway company.

Jiangxi Ganyue Expressway receives financial support funds

Monday, 30 Jun 2014 08:00pm EDT

Jiangxi Ganyue Expressway Co Ltd:Received financial support funds of 146 mln yuan in total from Jiangxi Provincial Department of Finance, on June 27.

Fitch Ratings reaffirms TPI Triunfo Participacoes e Investimentos SA's rating

Wednesday, 25 Jun 2014 08:40am EDT

TPI Triunfo Participacoes e Investimentos SA:Says Fitch Ratings has reaffirmed the company's long-term national rating at A+ (bra) with stable outlook.

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