Asian Activities Report for December 15, 2011: DeNA (TYO:2432) and Alibaba Cloud Computing to Form Strategic Alliance in China
Marubeni Corporation (TYO:8002) has agreed to acquire a 40% equity interest in APT Allgas Energy Pty Ltd ("Allgas"), a wholly owned subsidiary of APA Group (ASX:APA) in Australia. APA is a major energy company involved in the ownership, operation and management of gas pipelines and gas distribution networks throughout Australia. Through its interest in Allgas, Marubeni will become the first Japanese corporation to participate in the gas distribution network business in Australia.
Japan Airlines and WestJet Airlines (TSE:WJA), a low-cost airline in Canada have signed a codeshare agreement which will place the "JL" flight indicator on WestJet-operated flights between Vancouver and six Canadian cities - Calgary, Edmonton, Kelowna, Montreal, Toronto and Winnipeg, from December 15, 2011. The agreement will expand the total number of Canadian cities in Japan Airlines' network from three to seven.
Sumitomo Chemical Co., Ltd. (TYO:4005) and Nabaltec AG (ETR:NTG) of Germany have been in discussions about collaborating on their Alumina and Aluminum Trihydroxide businesses. The companies have agreed to start collaborating first in the commercial area. Beginning December 1, 2011, Nabaltec will be supplying Sumitomo Chemical an exclusive grade of fine precipitated Aluminum Trihydroxide for sale in East Asia.
WestJet Airlines Ltd.
Sumitomo Chemical Co., Ltd
Japan Airlines Company, Ltd
DeNA Co., Ltd.