Highways & Rail Tracks

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Shanghai Bestway Marine Engineering Design Co Ltd to set up joint venture with Zhejiang Expressway and Wonders Information

Tuesday, 16 Dec 2014 10:57pm EST

Shanghai Bestway Marine Engineering Design Co Ltd:To set up a joint venture with seven companies, including Shanghai Rural Commercial Bank, Wonders Information and Zhejiang Expressway.The joint venture will be engaged in financial leasing business, with a registration capital of 1,000 million yuan.To hold 6 pct stake in joint venture.Shanghai Rural Commercial Bank to hold 30 pct stake in joint venture.Wonders Information to hold 20 pct stake in joint venture.Zhejiang Expressway to hold 9 pct stake in joint venture.

Hubei Chutian Expressway Co Ltd completes dissolution of subsidiary

Tuesday, 16 Dec 2014 07:00pm EST

Hubei Chutian Expressway Co Ltd:Completed the dissolution of a wholly owned subsidiary, which is a Hubei-based expressway company.

Jiangsu Expressway Co Ltd issues 2014 first tranche short-term financing notes

Tuesday, 16 Dec 2014 07:00pm EST

Jiangsu Expressway Co Ltd:Issued the first tranche of short-term financing notes for 2014 worth 1,000 million yuan.Notes are each with an issue value of 100 yuan, a term of 270 days and an interest rate of 5.05 pct, as well as maturity date of Sep. 8, 2015.China Construction Bank served as the main underwriter.

Redde Plc comments on H1 2015 trading profits outlook

Tuesday, 16 Dec 2014 02:00am EST

Redde Plc:Expects H1 2015 trading profits to be materially ahead of earlier expectations and significantly ahead of the corresponding period last year.


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