SUN HUNG KAI RAISES HK$1 BILLION VIA SHARE PLACEMENT
Hong Kong-listed Sun Hung Kai & Co. Ltd. said Sunday it is
raising 1 billion Hong Kong dollar via share placement, in a bid to
enlarge the company's capital base and to expand its business and
operation. (published 0125 GMT)
CHINA CINDA SUSPENDED FROM TRADING PENDING RELEASE OF INSIDE INFORMATION
Chinese debt-clearing agency China Cinda Asset Management Co.
Ltd. said Monday it has halted trading in its shares. (published
0214 GMT)
HEINEKEN REBUFFS SABMILLER OVERTURE
Dutch brewer Heineken NV said Sunday that U.K.-based rival
SABMiller PLC has approached it about being acquired but that
Heineken's controlling family intends to keep the company
independent. (published 2304 GMT Sunday)
MACQUARIE EXPECTS JUMP IN FIRST-HALF PROFIT
Macquarie Group Ltd., Australia's largest investment bank, has
forecast a 25% to 30% jump in net profit in the first half of its
fiscal year on a year earlier but a fall from a strong result in
the preceding six-month period. (published 2329 GMT Sunday)