Growing Awareness and Increased Investments Lead to Growth of Biotechnology Applications in the Food & Beverage and Dietary Supplements Sector, Reveals Frost & SullivanMUMBAI - - Frost & Sullivan’s Food & Beverage Focus 2009 Annual Executive MindXchange on Biotechnology Applications in the Food & Beverage and Dietary Supplements Sector International Venture Capital Investment Continues Decline, Down 63% in Q2LONDON and SHANGHAI - - Dow Jones VentureSource: Non-U.S. Investment Falls to US$1.46 Billion, Lowest Since 2003; Europe Sees Record-Low Investment & Deal Count Canton Fair: Where Business is Being DoneGUANGZHOU, China - An experienced entrepreneur will see business opportunities everywhere, be it a way to provide a good just a little bit cheaper, or a way to give more people access to something they didn’t previously have access to, what matters is being in the right place at the right time; where business is being done and opportunities are being made. The Canton Fair provides this exact convenience by putting visitors at the center of the world’s manufacturing. From the Visa application process to the actual event, Canton Fair takes its visitors right there to where the action is. Returnil Launches Website in Chinese to Support Expansion in ChinaNANJING, China - Returnil (www.returnil.com) today announced the launch of a Chinese Simplified-language website as part of the company’s expansion in the Chinese market. Addax Petroleum Announces Receipt of Letter From Kurdistan Regional Government of IraqCALGARY, Canada - Addax Petroleum Corporation (”Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC), today announced that it has received a letter (the “KRG Letter”) from the Minister of Natural Resources of the Kurdistan Regional Government (the “KRG”) and has confirmation from Sinopec International Petroleum Exploration and Production Corporation (”SIPC”) that receipt of this letter satisfies the condition to the offer for Addax Petroleum dated July 9, 2009 (the “Offer”) made by Mirror Lake Oil and Gas Company Limited, an indirect wholly-owned subsidiary of SIPC, that Addax Petroleum obtain the KRG Letter. The Offer is subject to a number of conditions including valid acceptances by holders of not less than 66 2/3 per cent of Addax Petroleum shares on a fully diluted basis and receipt of certain regulatory approvals, including the government of The People’s Republic of China. The Offer is expected to close in the third quarter of 2009. TSMC Launches First Advanced Technology Interoperable Process Design KitHSINCHU, Taiwan, R.O.C. - - Industry-Wide Collaborative Development Effort Delivers First Unified iPDK for 65nm Process Geely Selects Open2Europe to Develop its International ImagePARIS - - Geely has Chosen Communication Group Open2Europe to Support Project Expansion and Launch Geely Panda in Algeria The Power of Functional Foods is the Key to Fi Asia-China’s SuccessSHANGHAI - Fi Asia-China, China’s premiere event for professionals in the food ingredients industry, once again welcomed the world to Shanghai, China on 23-25 June, 2009. Building on the successful launch of Health ingredients (Hi) and Natural ingredients (Ni) last year, these two niche shows ran alongside Fi Asia-China and proved to be the major draw for the event’s thousands of visitors. QualiSystems Accelerates Growth in APACTEL AVIV, Israel - - China to be Added to QualiSystems’ Network of International Branches and to the Company’s Existing APAC Presence Canton Fair: Everything You Need, as Fast as You Need ItGUANGZHOU, China - With the 106th Canton Fair fast approaching and our customers busy planning on how to sell their products over the holiday season, the China Foreign Trade Centre is working to make the planning of their trip to Guangzhou to buy supplies as quick and easy as possible. To better serve buyers and sellers who operate in multiple categories of goods, the organizer of Canton Fair announced that the gaps between exhibition times have been shortened to 3 days. ET Solar Group Announces New Credit Facility with China CITIC BankNANJING, China - ET Solar Group Corp., a Nanjing-based solar farm EPC provider and integrated manufacturer of photovoltaic products including ingots, wafers, modules, and tracking systems announced a RMB100 million credit facility with China CITIC Bank. China - Investment Opportunity Remains ‘Incredibly Exciting’LONDON - In an online video available now on www.cantos.com, Mike Gush from Baillie Gifford outlines the scale of the investment opportunity in China and argues that in the future the region could be viewed as an asset class in its own right. He also explains the possible threats that investors face and why his Greater China Fund is uniquely placed to take advantage of the situation. Companies are Failing to Keep Their Overseas Subsidiary Reporting in Good ShapeLONDON - Companies across the globe are failing to maintain the required legislative and regulatory reporting requirements for their subsidiaries, according to TMF Group, (TMF) the world’s leading independent provider of accounting and corporate secretarial services and Computershare Governance Services (CGS), the leading subsidiary governance software supplier. Brioni Announces Consolidated Results for 2008 With Revenues Unchanged and Profits (EBITDA) of More Than EUR32m and Names Andrea Perrone Group CEOROME - - Brioni also Announces Plans to Expand Across China and Middle East Brioni, the luxury menswear group, announced on Monday consolidated 2008 revenues that were substantially unchanged, and also said it was naming Andrea Perrone as Group Chief Executive Officer with immediate effect. ET Solar Group Announces Worldwide Product Liability Insurance CoverageNANJING, China - ET Solar Group Corp. (”ET Solar”), a Nanjing-based solar farm EPC provider and integrated manufacturer of photovoltaic (”PV”) products including ingots, wafers, modules, and state-of-the-art dual-axis tracking systems, announced immediate provision of product liability insurance coverage for its PV module customers worldwide. OPK: The First Floating Nuclear Power Plant ConstructionMOSCOW - On May 18, 2009 the first floating nuclear power plant was set up in St. Petersburg (Russia). The contract, signed by OPK and “Concern Energoatom” PLC on February 27, 2009, anticipated the construction, launching, rebuilding and testing of the power plant. The exploitation of the head floating power-generating unit, with KLT-40C type reactor, is the final step of this project. According to the contract, the construction of the floating power-generating unit started on February 27th, 2009. By the II quarter of 2012 it is due to be completed. In the fourth quarter of 2012, after testing, it will be operating. Enfinity Will Develop China’s Largest and First PV Power StationWAREGEM, Belgium and SHANGAI - - A Joint Bidding Team, Initiated by Enfinity, Won the First 10 MWp Solar Concession Project NetQin: The First One Intercepting the Mobile Phone Malware Transmitter.CBEIJING - A new malware plaguing mobile phones named Transmitter.C has been intercepted by NetQin, the biggest mobile phone security company in the world. A few days ago, NetQin delivered the new version of anti-virus library which can inspect and remove this kind of virus efficiently. KPMG Issues Apology Statement Regarding Wahaha CaseHANGZHOU, China - On June 27, 2009, a statement was issued by KPMG Huazhen and its Guangzhou branch regarding a public apology to Suqian Wahaha Beverage Co.Ltd. and two other companies. The statement reads, “As ruled by the Intermediate People’s Court of Suqian City and the Higher People’s Court of Jiangsu province, China, the asset-takeover letter sent by KPMG Huazhen’s Guangzhou branch to Suqian Wahaha Beverage Co.Ltd., Suqian Wahaha Hengfeng Food Co.Ltd. and Suqian Wahaha Hengfeng Beverage Co.Ltd. on 16 November 2007 was a violation of China’s laws and constituted an infringement of Wahaha’s rights, KPMG Huazhen apologizes to the above three companies for the action.” KPMG’s Appeal Rejected by Jiangsu Higher People’s Court, Marking Danone’s Seventh Loss to Wahaha in Three MonthsHANGZHOU, China - The Higher People’s Court of Jiangsu Province recently rejected the appeal lodged by KPMG and its branch firm in Guangzhou and ruled that the original verdict shall be upheld, which marks the end of the hot “KPMG Case” — Danone vs Wahaha, as well as Danone’s 7th loss to Wahaha in three months, considering the same verdicts made for the previous “Henan Case”, “Liaoning Case” and “Trade Mark Case”. Bloomberg is First to Provide Kazakhstan Stock Exchange DataNEW YORK - The real-time market data feed from the Kazakhstan Stock Exchange (”KASE”) is now available to investors across the globe via the BLOOMBERG PROFESSIONAL(R) service. With this development, Bloomberg users can access KASE real-time trading quotes, pricing and corporate information. Bloomberg is the first vendor to carry KASE data. Opening Day of Fi Asia-China 2009 Brings the Food Ingredients Industry to ShanghaiSHANGHAI - Fi Asia-China focusing on the critical issues of health ingredients and food safety Otis Lifts Vehicles to 94th Floor of Tallest Building on Chinese MainlandFARMINGTON, Connecticut - Otis Elevator Company has designed and installed a unique elevator that is being used to transport vehicles to the 94th floor exhibition hall in mainland China’s tallest building. This elevator is among 30 elevators and 34 escalators that Otis installed in the 101-story Shanghai World Financial Center (SWFC). Otis is a unit of United Technologies Corp. (NYSE: UTX). US$200m Into New WiMAX Operator in RussiaMOSCOW - Icon Private Equity, One of the Largest Private Equity Funds in Russia and CIS, Will Invest US$200 Million to Establish a National WiMAX Operator Final Judgment of Hangzhou Intermediate Court: Rejects the Application From DanoneHANGZHOU, China - Ownership of “Wahaha” Trademark Belongs to Wahaha Group After Danone Suffers 38th Defeat Telegent Mobile TV Available in First CDMA Handset Design, Extending Free-to-Air TV Feature to CDMA Operator NetworksBEIJING - Moint CDMA handset brings Telegent free-to-air mobile TV to China Telecom CDMA subscribers RISI Announces Successful Asian ConferenceSHANGHAI - New ‘RISI Connect’ Networking Feature Launched RISI today announced that its Asian Pulp and Paper Outlook Conference, held in Shanghai, June 8-10, exceeded attendance expectations. Attendees from 26 countries gathered to hear varying perspectives on “The Asian Pulp and Paper Market in Today’s Economy” from top executives in the business such as: Name Plate of Tianjin Aviation Ltd Unveiled on June 8thTIANJIN, China - Gold Wings of Tianjin Aviation Embodies the City’s Dream of Harmonious Development Double-Digit Falls in Ferrochrome and Chromite Demand in 2009LONDON - Roskill Information Services - The Economics of Chromium (11th Edition) - www.roskill.com/reports/chromium Triple Rewards on All Asiana Sino-Korean FlightsBEIJING - From June 1 to July 31, 2009, you will earn 30% extra bonus mileage on all Asiana scheduled flights between China and Korea. Just simply register, purchase and complete a qualifying flight. There is also a big chance to win free tickets and gifts. Gerresheimer Opens New High-Tech Production Facility for Pharma Glass in ChinaDUSSELDORF, Germany - Now Seven Plants in China The Gerresheimer Group today opened a new plant for pharmaceutical glass packaging in China. The high-tech production facility constructed in Danyang (Jiangsu Province) covers 16,000 square meters. Specializing in high-quality pharmaceutical vials and cartridges for injection systems it serves the pharma & life science industry on both a local and international level. Dr. Axel Herberg, CEO of Gerresheimer AG, describes the investment as a very important strategic step for further business expansion in Asia. In China, Gerresheimer now operates seven production plants for highly specific glass and plastic products. An International Litigation Draws Attention From China and Europe - Danone-Wahaha Feud: The Cornerstone of World EqualityHANGZHOU, China - Following the successful completion of the China-EU high-level economic and trade dialogue, Chinese Premier Wen Jiabao recently went to Prague for the China-EU summit, marking that Sino-EU cooperation has returned to the right place after suffering a temporary setback last year. Elsevier’s Science & Technology Division and Science News Partner to Organize the First “Attracting Academic Talent Summit” in BeijingBEIJING - Elsevier ’s Science & Technology division China and Science News announced today that they will jointly organize the first “Attracting Academic Talent Summit” in Beijing on June 2, 2009, at the Beijing Rongjin International Hotel. China Dominates the Global Aluminium IndustryLONDON - Roskill Information Services - The Economics of Aluminium (9th Edition) - www.roskill.com/reports/aluminium iSoftStone Strengthens Commitment to Japan & Korea with Juro Nakauchi Appointed as Chairman of the Regional Business GroupBEIJING and TOKYO - iSoftStone Holdings Limited (iSoftStone), a global provider of consulting, IT outsourcing, and business process outsourcing services, announced its strengthened commitment to its Japan- and Korea-based clients, to continue to help them meet their needs for business & technology solutions delivered from China. As part of that commitment, iSoftStone has asked that Juro Nakauchi, previously a corporate advisor to iSoftStone, to assume the role of Chairman for the Japan & Korea Business Group. Mr. Nakauchi will report to Chairman & CEO TW Liu, and will focus principally on strategic business development and management. |
