ABN Newswire

Asian Activities Report for January 17, 2012: CMMB Vision (HKG:0471) Successful Developed First 6-MHz CMMB Chips for the US and International Market

newsroom@abnnewswire.net — Tue, 17 Jan 2012 12:17:02 GMT

CMMB Vision (HKG:0471) has successfully developed and produced its first 6-MHz CMMB chips for CMMB signal reception designed for the existing US television channel spectrum bandwidth. The standard TV spectrum channel for transmitting CMMB service in China is 8 MHz, while in the Americas a 6 MHz channel is the standard. The new 6 MHz chips will be incorporated into a wide range of existing CMMB products, including smartphones, tablets, USB dongles, mobile TV receivers, and business systems, for CMMB Vision to market its entire product range in the US market.

Poly (Hong Kong) Investments Limited (HKG:0119) announced today that the Group's contracted sales in 2011 amounted to approximately RMB 15.8 billion and the contracted gross floor areas sold were around 2.15 million square metres, representing a year-on-year growth of 39% and 47% respectively. The Group is one of China's prominent property developers, with residential and commercial properties in the cities along Yangtze River Delta and Pearl River Delta as well as in the second-tier cities and provincial capitals.

FamilyMart Co., Ltd. (TYO:8028) says that 200 convenience stores owned by FamilyMart will accept China UnionPay credit cards from January 17th, 2012, and Chinese tourists traveling to Japan can now make payment using UnionPay cards in those stores. FamilyMart rolled out credit card payment service in Japan since November 29th, 2011, covering a total of 8700 stores, of which 200 stores can now accept China UnionPay credit cards.

NEC Corporation (TYO:6701) has signed a contract with SAP (NYSE:SAP) Japan to provide Cloud Computing service - Software as a Service (SaaS) to global users. NEC is Japan's leading provider of technology products and solutions. It creates and provides cloud solutions and services that contribute not only to the field of IT and Networks but also to societal, individual and corporate activities.

Qiubei Fu
Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

Asian Activities Report for January 4, 2012: LDK Solar (NYSE:LDK) Announces Takeover Offer for Sunways (ETR:SWW)

newsroom@abnnewswire.net — Wed, 4 Jan 2012 12:00:51 GMT

LDK Solar Co., Ltd. (NYSE:LDK), a Chinese solar company has agreed to acquire approximately 33% increased share capital in Sunways AG (ETR:SWW) of Germany for 2.2 million euros. LDK Solar has also offered to take over all outstanding shares in Sunways. Subject to regulatory approvals, the completion of the takeover offer is expected to occur in the first quarter of 2012. After the takeover, Sunways will remain a separate brand and listed on the Frankfurt Stock Exchange.

Mitsui & Co., Ltd. (TYO:8031) says that its joint venture company Galaxy NewSpring Pte. Ltd. will operate two new plants in China - a waste water treatment plant in Chongqing and a water treatment plant in Shandong Province. Galaxy will invest approximately 6 billion yen for the two new operational assets, which are expected to significantly contribute to the development of the regional community and environmental preservation.

Nomura Holdings, Inc. (TYO:8604) has reached an agreement to invest in Jiu You Quan Xing Equity Investment Fund, a private equity fund based in Shanghai. The investment follows Nomura's approval as a Qualified Foreign Limited Partner (QFLP) by the Shanghai municipal government. The QFLP program in Shanghai allows approved foreign investors to convert foreign currency into yuan and directly invest in private equity funds based in Shanghai. Nomura was the first Japanese financial institution to qualify for the program.

Diploma Group Limited (ASX:DGX) has achieved Practical Completion on its Eleven 78 development on Hay Street, West Perth. Eleven 78 is a A$75 million residential building with 128 apartments and two commercial tenancies. Titles for the 130 lots have now issued with settlements expected to commence in the first week of January 2012.

AEON Co., Ltd. (TYO:8267) says that its subsidiary, Petcity Co., Ltd. will be merging with AHB International Inc., a Japanese company which owns and operates pet retail stores and provides pet grooming services. The merger will create the largest pet service company in Japan's rapidly-growing pet beauty care and medical services market, with 165 pet retail stores, 146 pet grooming stores and 49 pet hospitals.

Qiubei Fu
Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

Asian Activities Report for January 3, 2012: C C Land Holdings Limited (HKG:1224) Seeks Spin-off and Hong Kong Listing of Packaging Business

newsroom@abnnewswire.net — Tue, 3 Jan 2012 12:41:47 GMT

C C Land Holdings Limited (HKG:1224) is seeking spin-off and separate listing of its packaging business on the Main Board of the Hong Kong Stock Exchange. A spin-off proposal has been submitted to the Hong Kong Stock Exchange for approval. C C Land Holdings Limited is one of the leading property developers in Western China. It also operates a successful business in the manufacturing and sales of packaging and luggage.

Australian exploration and development company KBL Mining Limited (ASX:KBL) has signed a Memorandum of Framework Cooperation with Guangdong Guangxin Mining Resource Group Co. Ltd ("GMR"), whereby GMR will acquire a 25% interest in KBL's wholly-owned Mineral Hill copper/gold/silver/lead/zinc mine and Iron Duke copper-gold project in central New South Wales for A$80 million, and a 15% shareholding in KBL. GMR will also be entitled to the purchase of cooper concentrates from the Mineral Hill mine at a discounted rate. KBL will use the funds provided by this transaction to further develop the Mineral Hill mine, advance the Iron Duke project, and develop the Sorby Hills silver-lead-zinc project in Western Australia.

SOHO China Limited (HKG:0410) has signed an agreement to purchase the Bund 8-1 Land in Shanghai. The Bund 8-1 Land is ideally located on the bank of the Huangpu River, facing Pudong's Global Financial Centre and Jinmao Tower across the river. The Land covers 45,472 square metres and is planned for mixed office, retail, financial, art and culture spaces.

Qiubei Fu
Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

Asian Activities Report for December 21, 2011: Shandong Zhongrun (SHE:000506) to Invest in Canadian Zinc Corporation (TSE:CZN)

newsroom@abnnewswire.net — Wed, 21 Dec 2011 12:41:47 GMT

Shandong Zhongrun Investment Holding Group Co. Ltd (SHE:000506) says today that its wholly-owned subsidiary Zhongrun International Mining Co. Ltd has signed a private placement agreement with Canadian Zinc Corporation (TSE:CZN), whereby Zhongrun International Mining will acquire 22.50 million shares and options in Canadian Zinc Corporation for a total consideration of C$16.80 million. The placement agreement will allow Shandong Zhongrun to participate in Canadian Zinc Corporation's Prairie Creek project, a partially developed mine with an existing 1,000 tonne per day mill and related infrastructure.

Toray Industries, Inc. (TYO:3402) has developed four new home water purifier products specifically for the Chinese market. The products can eliminate 99.99% residual chlorine, turbidity, rust, general bacteria and other micro-contamination to significantly improve water quality. Product sales will kick off in Beijing, Shanghai and Guangzhou in late December 2011.

Hitachi Chemical Co., Ltd. (TYO:4217) has decided to form a new company, named Hitachi Chemical Electronic Materials (Taiwan) Co., Ltd. in Taiwan, with an investment of 2 billion yen. Production is planned to commence in April 2013, with an aim to boost the Company's current capacity for producing chemical mechanical planarization by 50% by financial year 2015.

NTT Data (TYO:9613) has signed an agreement with Korean IT giant LG CNS regarding data centre cooperation. According to the agreement, both parties will work together to create new IT solutions and develop data centres in Japan and Korea. They will also organise promotion activities together to explore new data centre market.

Qiubei Fu
Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

Asian Activities Report for October 14, 2011: Ironbark Zinc Limited (ASX:IBG) Executes US$50 Million Funding Facility To Fund Acquisition Strategy

newsroom@abnnewswire.net — Fri, 14 Oct 2011 12:05:33 GMT

Ironbark Zinc Limited (ASX:IBG) has entered into a US$50 million funding facility with Glencore International AG (LON:GLEN). The transaction will provide Ironbark with access to significant cash funding to pursue acquisition opportunities. Ironbark is currently advancing its flagship Citronen base metals project in Greenland to production.

Altura Mining Limited (ASX:AJM) has received Operation Production Mining approval for the Tabalong Coal Project in South Kalimantan, Indonesia. The Company will now seek permits required to allow coal mining to proceed. The Tabalong Coal Project is planned to commence in 2012 at an initial production rate of 400,000tpa of premium grade thermal coal with the plan to ramp up to 750,000tpa.

Republic Gold Limited (ASX:RAU) has entered into a Tenement Sale Agreement to sell its Far North Queensland assets to Territory Minerals Pty Ltd in return for consideration comprising a mix of cash and shares. The transaction is in line with the Company's strategy of focusing its efforts and resources on its flagship Amayapampa gold project in Bolivia.

Leighton Holdings Limited (ASX:LEI) today announced that its subsidiary Leighton Offshore had been awarded a major contract by Iraq's South Oil Company. The US$518 million contract forms part of the Crude Oil Export Facility Reconstruction Project, which is financed and supported through the Japanese Official Development Assistance Loan by Japan International Cooperation Agency. The Project aims to stabilise and expand Iraq's crude oil export capacity by constructing a pipeline connecting crude oil storage facilities to the offshore crude oil export terminal in southern Iraq.

Asia Business News
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Asian Activities Report for August 8, 2011: Laconia Resources (ASX:LCR) to Form Joint Venture with Chinese Investment Group for Mooletar Iron Ore Project

newsroom@abnnewswire.net — Mon, 8 Aug 2011 12:00:32 GMT

Laconia Resources Limited (ASX:LCR) has entered into a joint venture agreement with Chinese syndicate, Sinoz Mining Investment Group, for the exploration and development of the Mooletar Iron Ore Project in Western Australia. Under the Joint Venture Agreement, Sinoz will invest A$7.5 million within 24 months, over three stages to deliver a JORC Code Indicated Resource and Mining Licence at the project. The Mooletar project currently has defined an Exploration Target of 216-264 million tonnes of iron ore.

Altura Mining Limited (ASX:AJM) announced an initial JORC Mineral Resource estimate of 10.5 million tonnes at 1.25% Li2O at its Pilgangoora Lithium project in Western Australia. In addition Altura has further upgraded the current exploration target to 18-25 million tonnes at 1.3-1.6% Li2O. Further drilling has commenced to significantly increase the resource estimate.

White Rock Minerals Limited (ASX:WRM) has received additional high grade silver assays from recent drilling at the Lady Hampden silver prospect on the its 100%-owned Mt Carrington project in northern New South Wales. Mt Carrington contains an overall shallow Inferred Resource of 190,000 ounces of gold and 10 million ounces of silver. The current drilling provides strong support for potential growth of the Resource and will continue throughout August.

Voyager Resources Limited (ASX:VOR) has received initial assay results from the first three Reverse Circulation drill holes completed on the Cughur Discovery at the KM Copper Porphyry Project in southern Mongolia. The drill holes confirm a major new high grade copper discovery which remains open at depth and along strike. Drilling continues on the Project, with numerous other targets being tested.

India's real estate developer Godrej Properties Limited (BOM:533150) has entered into an agreement with Jet Airways Limited (BOM:532617) to develop Jet Airways's property in Mumbai. Godrej will develop approximately one million square feet of office building to be completed in a three year period. The building will be developed to the highest design, construction and sustainability standards.

Asia Business News
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Asian Activities Report for June 20, 2011: Hastings Rare Metals (ASX:HAS) To Acquire Yangibana Rare Earth Project In Western Australia

newsroom@abnnewswire.net — Mon, 20 June 2011 12:00:40 GMT

Most Asian markets made a positive start this week. The S&P/ASX 200 rose 0.33% to 4499.6 in the early trade. Nikkei 225 jumped 0.58% to 9,405.65 and Hang Seng Index gained 0.50% to 21802.89. Only Shanghai Composite opened the day in red, down 0.42% to 2631.80.

Companies

Hastings Rare Metals Limited (ASX:HAS) has signed an agreement to acquire a 60% interest in the Yangibana Rare Earth Project in Western Australia. At least nine rare earth occurrences have been identified within the Project area. Hastings plans to evaluate the Project to determine the potential size of the prospect and to establish JORC-compliant resources.

IPGA Limited (ASX:IPP), the owner of Asia's No. 1 network of property portal sites, www.iproperty.com, has entered into an agreement with SeLoger.com to raise A$8.9 million by way of a strategic investment from SeLoger.com, France's number one ranked property portal and part of Axel Springer (ETR:SPR), one of Europe's largest Media Groups. The investment by SeLoger.com will provide IPGA with funds and experience to further consolidate its leading positions in Malaysia, Singapore, Hong Kong, and Indonesia, and to look for opportunities of future expansion in Asia.

Krucible Metals Limited (ASX:KRB) has received further encouraging results from the Garnet Prospect in Queensland. A total of 13 holes were drilled to target Iron Oxide Copper Gold mineralisation and visible copper mineralisation was encountered. The Company will commence geophysical work to be followed by the next round of drilling program.

Mineral Deposits Limited (ASX:MDL) has entered into a Memorandum of Understanding with French mining and metallurgical group Eramet (EPA:ERA) to form a strategic incorporated joint venture. The joint venture will combine Mineral Deposit's 90% interest in the Grande Côte Mineral Sands Project in Senegal and Eramet's Tyssedal titanium slag and iron plant in Norway to create a globally significant vertically-integrated mineral sands player.

Asia Business News
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Next Generation Telecoms Summit APAC 2011 To Feature Leading Voices In The Technology Management Sector

newsroom@abnnewswire.net — Thu, 26 May 2011 16:53:00 GMT

Capitalising on the region's growing affluence and desire for cutting-edge network services is just one of the topics up for discussion at upcoming Next Generation Telecoms Summit APAC 2011, which takes place from 20-22 September at the Amara Sanctuary on Sentosa Island, Singapore.

This closed-door summit, hosted by GDS International in concert with analyst partners Ovum and the International Telecommunication Union, will feature some of the leading voices in the technology management sector, including Michael Lawrey, Executive Director of Technology and Networks at Telstra (ASX:TLS) (PINK:TLSYY); Priyanka Undugodage, VP Technology at Dialog Telecom; and Akbar Boghani, GM for IT Strategy at Vodafone Essar.

Alongside consideration of the emerging market opportunities, other key topics for discussion include embracing the cloud opportunity; delivering mobile rich internet applications that your business or customer needs; how to improve response times to changing market scenarios; and disruptive technologies in the telco environment

Next Generation Telecoms Summit APAC 2011 is an exclusive C-level event reserved for 100 participants that includes expert workshops, facilitated roundtables, peer-to-peer networks and co-ordinated meetings.

For more information, visit http://www.ngtsummitapac.com

Jake Mazan
Head of Marketing & PR
GDS International
Tel: +44-117-921-4000
Email: jake.mazan@gdsinternational.com
http://www.gdsinternational.com

Frontier Securities To Hold "Mongolia: Capital Raising And Investment" Conference On June 6-10 In Ulaanbaatar

newsroom@abnnewswire.net — Tue, 17 May 2011 14:05:44 GMT

Frontier Securities is cordially inviting you to join its annual conference "Mongolia: Capital Raising and Investment", on June 6th-10th, 2011 in Ulaanbaatar, Mongolia.

The conference provides a perfect opportunity for those who are interested in exploring the latest developments in Mongolia's business environment from key direct sources. Investors will be able to discover lucrative investment opportunities and Mongolian companies will benefit, learning various methods of raising capital from abroad.

At this year's conference senior managers from Korea Stock Exchange, Hong Kong Stock Exchange, Australian Securities Exchange (ASX:ASX), Deutsche Börse AG and Tokyo AIM will share their knowledge and insights regarding capital raising with the audience.

The event's other main discussion theme will gravitate around investment opportunities in Mongolian Mining, Real Estate and other booming industries. Confirmed participants of the conference so far include investment banks and investors such as BOCI, CICC, Citigroup (NYSE:C), J.P. Morgan, Quam Asset Management Fund, as well as professional entities such as Hogan Lowells, American Appraisal, Moody's Investors Service and CRU International.

Frontier Securities is confident that this event will add genuine value to your investment decisions by providing the necessary information and venue for networking. Hope to see you at the conference!

If you want to attend the conference, please fill in the registration form and send it to Frontier Securities. Registration is free. Also you can choose attendance "Smart" package to secure all your lunch, dinner and seat for site trips.

For more detailed information, please contact Frontier Securities at staff@frontier.mn or +976-7011-9999

Conference Website: http://www.frontier-annual-conference.com/

Frontier Securities 
Email: staff@frontier.mn 
Tel: +976-7011-9999 
Web: http://www.frontier-annual-conference.com/

Asian Activities Report for March 30, 2011: DYESOL Limited (ASX:DYE) And Tata Steel (BOM:500470) To Expand Photovoltaics Project In Britain

newsroom@abnnewswire.net — Wed, 30 Mar 2011 12:30:28 GMT

DYESOL Limited (ASX:DYE) and Tata Steel (BOM:500470) have decided to expand their joint photovoltaics development project in Britain. The number of personnel working on the project will be increased from 30 to 50 and activity will be scaled up. This expansion will take the project from its laboratory and pilot line phase into a pre-industrialisation phase. The GBP11m project, whose initial development phase is due to be completed in June 2011, will develop a new range of functional coated steel products based on renewable energy for use on the roofs and walls of buildings.

UGL Limited (ASX:UGL) has signed a joint venture agreement in the Kingdom of Saudi Arabia with National TriGeneration CHP Company, whereby the two parties will provide facilities management services and property services to government and private sector clients across the Kingdom of Saudi Arabia from June 2011. The joint venture will provide UGL with a platform for growth in the Kingdom of Saudi Arabia and will significantly strengthen and extend UGL's presence in the Middle East where it has been providing facilities management and property services in the State of Qatar since 2007.

Magma Metals Limited (ASX:MMW) said today that drilling at its Thunder Bay North platinum-palladium-copper-nickel project in Canada encountered mineralization outside the current mineral resource, highlighting the potential to further extend resources. Best results included 53.65m at 7.58g/t platinum and palladium, 0.92% copper and 0.51% nickel. A 30,000m exploration drilling program is planned to test resource extension targets and regional targets in 2011.

Icon Energy Limited (ASX:ICN) signed a binding liquefied natural gas sales agreement with Shenzhen Sinogas Energy Co., Limited in China to supply 40 million tonnes of liquefied natural gas over 20 years. Shenzhen Sinogas Energy and its joint venture partner, China Guodian Corporation, will construct an A$727 million liquefied natural gas receiving terminal capable of ultimately receiving up to 3 million metric tonnes per annum. The terminal will receive liquefied natural gas supplied by Icon Energy and facilitate the distribution of gas to commercial and residential customers in the local area.

Asia Business News
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