ABN Newswire

Asian Activities Report for December 19, 2011: NTT Data (TYO:9613) to Commence a Demonstration Program in Beijing to Tackle Traffic Congestion

newsroom@abnnewswire.net — Mon, 19 Dec 2011 12:04:06 GMT

NTT Data Corporation (TYO:9613) is planning to commence a demonstration program in late January 2012 in Beijing, China. The program is aimed to test a new transportation information system, which can be used to solve traffic congestion problems, save energy, and reduce CO2 emissions. The demonstration program is part of a cooperative scheme between China and Japan, which is dedicated to promote international energy efficiency technology and cooperation.

Hitachi (TYO:6501) and Founder Group (SHA:600601) have signed a cooperative agreement to provide SaaS cloud computing technology to the Chinese market. Starting in 2012, Hitachi will build a cloud computing platform and system, while Founder Group will develop cloud computing applications for medical areas. In addition to the cloud computing agreement, the two parties have also signed an agreement regarding the development of smart city.

Electronics retailer Laox Co., Ltd. (TYO:8202), a subsidiary of Chinese home appliances retailer Suning (SHE:002024), will open its first store in China on 31 December 2011. The store, located in Nanjing, Jiangsu Province, will sell digital products, computers and laptops, and other electric appliances, with an annual sales revenue expected to be 300 million RMB. The Company is planning to open 30 new stores in China by the end of 2013.

China Internet Information Center (china.com.cn) and CMMB Vision Holdings Limited (HKG:0471) have signed an agreement to collaborate on multimedia services worldwide. Both will jointly develop and operate the hybrid media platform - "TodayChina" Website and "TodayChina" TV Channel. The operation will be based in Beijing, Hong Kong, and New York, and is expected to commence services simultaneously in all three places by First Quarter 2012.

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

Asian Activities Report for December 1, 2011: Asahi Group (TYO:2502) to Acquire Australian Bottled Water Company Mountain H2O Pty Ltd

newsroom@abnnewswire.net — Thu, 1 Dec 2011 12:00:36 GMT

Asahi Group Holdings Ltd (TYO:2502) has conditionally agreed to acquire Mountain H2O Pty Ltd, a bottled water company in Australia that produces high quality spring water. The acquisition will allow Asahi to secure a stable supply of spring water in the growing bottled water market in Australia, to provide high quality spring water products, and to accelerate its Australian beverages business.

China Longyuan Power Group Corporation Limited (HKG:0916) has received governmental approval for the 49.5 megawatt Shaanxi Qingling Guanritai Wind Power Project, to be located in Feng County, Baoji City, Shaanxi Province, China. China Longyuan Power Group Corporation Limited is one of the pioneers in China that are engaged in the exploration of new energy resources. Its main focus is on the design, development, construction, management and operation of wind farms.

Virgin Blue Holdings Limited (ASX:VBA) and Singapore Airlines (SIN:C6L) have received approval from the Australian Competition and Consumer Commission to form an integrated network aviation alliance. Under the alliance, the airlines will cooperate on all aspects of their Australia-Singapore services and any international and domestic connecting routes, including joint pricing and scheduling and joint marketing and sales.

Nufarm Limited (ASX:NUF) has completed the acquisition of Seeds 2000, Inc., an American sunflower seed research and production company with an annual revenue of around US$20 million. This acquisition is expected to further enhance Nufarm's global presence. The Company currently conducts development and sales activities in the USA, Canada, China, Argentina, and a number of European markets.

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

Asian Activities Report for November 22, 2011: Courage Marine Group (HKG:1145) Acquires Second Supermax Vessel to Meet Rising Dry-Bulk Shipping Demand in Asia

newsroom@abnnewswire.net — Tue, 22 Nov 2011 12:00:03 GMT

Dry-bulk shipping company Courage Marine Group Limited (HKG:1145) has signed an agreement with Zhejiang Zengzhou Ship Building Co., Ltd for the purchase of a newly-built Supermax-sized vessel for US$26.6 million. This is the second new Supermax vessel acquired by the Group within a month, part of its strategic move to meet the growing demand in the raw materials transport business in Asia.

Blackwood Corporation (ASX:BWD) announces a JORC exploration target of 2.1-3.2 billion tonnes of thermal coal at South Pentland Project in Queensland, following the completion of Phase 1 and 2 exploration programs, which demonstrated potential for significant quantities of export quality thermal coal. Next Phase of project development is planned in the first quarter of 2012 with enlarged exploration efforts to explore a number of priority projects concurrently.

Invictus Gold Limited (ASX:IVG) announces the first results of the maiden drill programme at the Scartwater Prospect at its 100%-owned Drummond Basin Project in Central Queensland. Drilling indicates the presence of considerable gold mineralisation at depth. A further drill hole is in progress to test the mineralisation to a depth of about 150 metres below surface.

Yellow Hat Limited (TYO:9882) and Idemitsu Kosan Co., Ltd. (TYO:5019) are currently discussing the formation of an alliance in wholesale, retail sales, and development of automotive accessory, with the final agreement expected by the end of March 2012. Yellow Hat has launched new stores for the expansion of its wholesale operations within its core automotive accessory sales business. The alliance is expected to boost its wholesale operations as well as new store development.

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

The 6th Annual China Railworld Summit 2011 Opened in September 22-23 in Kempinski Hotel Beijing Lufthansa Center

newsroom@abnnewswire.net — Fri, 30 Sept 2011 09:06:14 GMT

Organized by China Decision Makers Consultancy, Endorsed by International Air Rail Organization, The 6th Annual China Railworld Summit 2011 has been convened in September 22-23 in Kempinski Hotel Beijing Lufthansa Center.

Leading Speakers from The Ministry of Railways of PRC, Ministry of Railways, Government of India, China CREC Railway Electrification Bureau Group, China Railway Signal & Communication Corp, Research Designs & Standards Organization, Ministry of Railways Indian Railways

This is the 6th RWS Event - the biggest meeting and most unique of the year.

CRWS 2011 is the only summit that focuses on emerging rail market. As we all know, China and India are going through economic booms. Both of them are investing more in the high speed rail and metro to adapt to economic fast growing. The past 5 years events have made the Rail World Summit the most influential event in China rail industry. This year we cooperate with Ministry of Railways PRC and Indian Railways, putting out the particularly designed RWS 2011. RWS 2011 will be held in the Hotel Kempinski, Beijing from the 22 - 23 September

Industry specialist will present updates on the latest trends in High Speed Railway and Metro including:

- MENG Qingguo, Director for Strategy Division, Center for High-speed Railway Technology, Tsinghua University
- Michael Schabas, Advisor, World Bank
- LUO Renjian, Researcher, The Institute of Comprehensive Transportation, NDRC PRC
- WANG Fuzhang, Party Secretary, Electronic Science and Technology Research Institute China Academy of Railway Sciences
- Keith Wallace, Global Business Lines Leader Railways, URS Scott Wilson
- Vinay Kumar Singh, Executive Director(PSU), Ministry of Railways, India
- LIAO Guocai, Deputy Director General, Beijing Urban Engineering Design & Research Institute Co., Ltd
- Dennis LI, Director, MetroSolutions Limited
- Rajesh Agarwal, General Manager Project, KONKAN Railway Corporation LTD
- Fabio Croccolo, General Director, Italian Rail Regulation Office, Ministry of Infrastructure and Transport, Italy
- Vincent AU, Director, MetroSolutions Limited
- SUN Ning, Deputy General Manager, China Academy of Railway Sciences Engineering Consulting Co.Ltd
- LEE Kang-kuen, Head of Hangzhou Project, MTRC
- OOI Peng Hong, General Manager in charge of transport planning, Gamuda Berhad
- Richard Di Bona, Director, LLA Consultancy/LLA
- JIN, Hopes Jian, Partner, Managing Director, Deloitte
- Ulrich Koegler, Partner, Booz & Company

Organizing Committee
Ms. Elsa SHI
T: +86-21-6840-7631
E: elsash@cdmc.org.cn

Railworld Summit 2011 To Be Held In Beijing, China On 21-23 Sept 2011

newsroom@abnnewswire.net — Fri, 29 July 2011 14:28:57 GMT

CDMC will be presenting the RAILWORLD SUMMIT 2011 to be held in Beijing, China on 21-23 Sept 2011. It will be a one-stop platform to discuss the future of emerging rail market, including planning, expansion, execution, project funding, day-to-day operations, round-the-clock maintenance, civil & construction works, power & electrification, track modernization, cutting-edge technologies of signaling, rolling stocks and other pertinent case studies in High Speed railway and Metro.

Staying on top of rapid developments in High Speed Rail, 'RAILWORLD SUMMIT' features an exclusive High Speed Rail Day on the first day - 22nd Sept 2011 to examine the new project, Operation and maintenance and new business opportunities to make High Speed Rail a reality.

You will hear from:

- YANG Zhongmin, Director-General of Development and planning, Ministry of Railways China

- LI Guoyong, Deputy Director-General of Department of Basic Industries, National Development and Reform Commission, PRC
- Robert Wihtol, Country Director, Asian Development Bank PRC

- Alex Toursky, First Deputy General Director, JSC High-Speed Rail Lines

- Ou Chin-Der, Chairman and Chief Executive Officer, Taiwan High Speed Rail Corporation

- Jean-Michel Dancoisne, Permanent Representative, SNCF, Belgium

- David Kerr, Chief Executive Officer, Toll Royal Railway

- Hilmi Hasan, GM - Finance, KTMB

- Sim Wee Meng, Group Director, Rail, Land Transport Authority, Singapore

- Shahid Ahmed, General Manager, Manufacturing and Services, Pakistan Railways

- Julison Arifin, Director of Business Development, Indonesian Railways

- Gopal R, Vice President, Asia Pacific Transportation & Logistics Practice, Frost & Sullivan

- Lam Soi Hoi, Technical Consultant, Transportation Infrastructure Office (GIT), the Government of Macau S.A.R.

- Ulrich Koegler, Vice President, Booz & Company

- Bhupinder Singh Bedi, PPP Expert, ASIAN DEVELOPMENT BANK

And more

This event is proudly supported by Ministry of Railways PRC, Indian Railways, American Railway Engineering and Maintenance-of-Way Association, Asia Infrastructure and The Project Management Institute Malaysia Chapter.

For more information, please visit http://www.cdmc.org.cn/railworld

Ms. Elsa Shi
Marketing Executive
CDMC
T: +86-21-6840-7631
E: elsash@cdmc.org.cn

Team Trev Successfully Crossed the Finish Line of Zero Race at the United Nations Palais de Nations

newsroom@abnnewswire.net — Sat, 26 Feb 2011 08:41:45 GMT

During Zero Race, Team Trev drove 28,000km across 16 countries in 80 days of driving. The team drove from Geneva to Shanghai, from Vancouver to Cancun, and from Casablanca back to Geneva. Trev drove across deserts and across mountains, through remote rural areas and through some of the world's largest cities, on all types of roads, in all types of weather. The energy cost of the journey was less than AU$400 worth of electricity generated from a wind farm in South Australia.

The net emissions were zero.

Trev will now be shipped back to Australia, and will hopefully arrive in early April. We are planning a team function in coming months, to celebrate our achievements and to thank our sponsors.

Trev was sponsored by:
Google, ABN Newswire, Galaxy Resources, Eco Green and Catcon.

Trev is owned by the University Of South Australia.

Andrew Dickson
Team Trev
http://www.teamtrev.com

World First Emission Free Race Around The World Starts Final Leg

newsroom@abnnewswire.net — Mon, 21 Feb 2011 11:50:04 GMT

The first race around the world with has started its final leg in Casablanca, Morocco. The three electric cars had started on 16. August 2010, in Geneva, Switzerland. When the final part of the global circumnavigation is completed in Geneva, on 24 February, 2011, the teams will establish a new world record for the fastest world circumnavigation in electric cars, and a major milestone in the history of electric vehicles. If that comes true, Jules Verne's dream of travelling around the world in 80 days would have come true again - via a more ecologically sustainable way.

The vehicles have started their 72nd driving day in Casablanca, Morocco on 16th February for their final leg. 8 more days remain before reaching United Nations Palace in Geneva. The completion of the first Zero Emission Race around the world in 80 days proves that electric vehicles are efficient and reliable, even when driving across continents, deserts, mountains and variable road and weather conditions.

Electric vehicles are efficient and reliable

In times of climate change and energy crisis, the Zero Race wants to show the world that readily available and reliable technological solutions exist to stop global warming, and it is possible to be independent from fossil fuels. "So far, we covered 25000 km across 18 countries in 71 driving days, and we are proud that the race is still running on the hour, as planned, without any delay!" added Louis Palmer, tour director and initiator of Zero Race.

With shrinking resources and the impacts of global climate change, the ZERO Race strives to present the solutions for a better and greener future. The ZERO Race is not about speed, but about other judgment criteria including vehicle reliability, energy efficiency, utility to every day life, design and safety. On a regular basis, teams face competition against new criteria in these categories, and they receive points according to their performance in each. So far, the Swiss Oerlikon Solar Team is leading ahead of Germany's Vectrix team and Australia's team TREV.

The Zero Race is the world's longest and green car race

The ZERO Race is a "green" event, and participants are doing everything possible to travel in a responsible way. Any greenhouse gas emissions created from the event, including the shipping of cars and flights by participants, will be compensated by investments into renewable energy projects through myclimate. Each team already produced enough power for their vehicle from renewable energy sources including as solar and wind, and this has been fed into the grid in their home country.

What is ahead

The next Zero Emissions Race plans are already under way, and it will take place in September 2011 in Europe.

ZERO EMISSIONS RACE ONLINE at:
http://www.zero-race.com/

The entire ZERO Race is documented with stories and photos on Zero Race Daily Blog

ZERO RACE COMMUNITY

Join the Zero Race community for more daily updates and photos about the race.
Some of the sponsoring companies in the ZERO-Race include;

Team Trev
- Galaxy Resources Limited (ASX:GXY) (PINK:GALXF)
- Google Inc. (NASDAQ:GOOG)
- ABN Newswire

Zerotracer
- Oerlikon Corporation AG (VTX:OERL)

For more information contact:

Louis Palmer
Initiator and Tour Director  
louis.palmer@zero-race.com

Australian Market Report of February 1, 2011: Exoma Energy (ASX:EXE) Signed Farm-In Agreement With CNOOC (HKG:0883)

newsroom@abnnewswire.net — Tue, 1 Feb 2011 13:30:00 GMT

Exoma Energy Limited (ASX:EXE) has entered into a Farm-In Agreement with China National Offshore Oil Company ("CNOOC") (HKG:0883) (NYSE:CEO) whereby CNOOC, upon receipt of all the necessary regulatory and government approvals, will acquire a 50% interest in each of Exoma's five Galilee Basin permits for the exploration of coal seam gas and shale gas. In addition, CNOOC will have the right to acquire 86,687,666 shares at a price of 31.5 cents per share. The Agreement is in-line with Exoma's long term vision of exporting liquefied natural gas to various markets within Asia.

Moly Mines Limited (ASX:MOL) (TSE:MOL) has received a loan commitment letter from China Development Bank for up to US$250 million, which will be applied toward half of the planned US$466 million Finance Facility for the development of the Spinifex Ridge Molybdenum/Copper Project in Western Australia. Moly Mines's major shareholder Hanlong Mining Investment Pty Ltd also advised that it expected to receive a loan commitment letter from China Export and Import Bank for the remaining half of the finance facility after Chinese New Year.

Australia's leading transport infrastructure company Asciano Group (ASX:AIO) has signed a 9.5 year contract with Anglo American Metallurgical Coal Pty Ltd for the movement of 3.5 million tonnes per annum of coal from Anglo American Coal's Foxleigh coal mine in Queensland commencing 1 July 2012. This will generate revenue of over A$200m over the term of the contract. Prior to this contract, the two companies had signed a contract last year for the movement of 10.9 million tonnes per annum from Anglo American Coal's German Creek facility commencing 1 January 2012.

Kidman Resources Limited (ASX:KDR) reported encouraging results from Phase One drilling program at its 100% owned Blind Calf Project in central New South Wales. The program has confirmed significant near surface mineralisation, returning 18m at 2.09% Cu. Phase Two drilling program is scheduled to commence in February 2011 to further define the extent of this mineralisation.

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

The World First ZERO Emissions Race Makes Stop in Vancouver

newsroom@abnnewswire.net — Fri, 12 Nov 2010 09:46:18 GMT

The first ever Zero Emissions Race is rolling into Vancouver on November 12th - the first stop on the North American leg of this incredible international journey and the only Canadian stop on the tour. Started on August 16th, 2010 in Geneva, Switzerland, racers have, so far, covered 16,000 km. Participants have been driving 100% electric vehicles running on renewable energies up to 500km a day since the race began - with a goal of completing their around the world journey in just 80 days of driving.

This race represents a major milestone in the history of electric vehicles. According to Tour Director Louis Palmer, the ZERO Race aims to prove the efficiency and reliability of electric mobility: "The purpose of the race is to show that zero emission vehicles running on renewable energy use technologies that are available and reliable today. With shrinking resources and the impacts of global climate change, the ZERO Race strives to present the solutions for a better, and greener future. This is the powerful message that we want to bring to the World Climate Change Conference in Cancun at the beginning of December."

Media are invited to see the vehicles and speak to race participants on Friday, November 12 from 9:00am to 11:00am at the Public Plaza at the former Athletes' Village. (Millenium Waters Development).

Despite tough weather and road conditions, not to mention the fatigue of driving upwards of 500km a day during what amounts to the longest and hardest electric car race to date, the teams are holding up well says tour director Louis Palmer, "The race has crossed Russia, Kazakhstan and China and arrived on schedule within the hour in Shanghai where the vehicles have been loaded onto a ship to Vancouver."

The ZERO Race is not about speed, but about other judgment criteria including vehicle reliability, energy efficiency, utility to every day life, design and safety. Almost each day, the teams face these challenges and receive points according to their performance in each. So far, the Swiss team is leading Germany and Australia.

The ZERO Race is the world's longest green event

The ZERO Race is a "green" event, and participants are doing everything possible to travel in a responsible way. Any greenhouse gas emissions created from the event, including the shipping of cars and flights by participants, will be compensated by investments into renewable energy projects through myclimate. Each team has already produced enough power for their vehicle from renewable energy sources including solar and wind, and this has been fed into the grid in their home country.

The ZERO Race is supported and welcomed by Vancouver Electrical Vehicle Association and other grass roots organizations along the west coast of North America. The event is also backed by the Globe Foundation in Vancouver, and sponsored by Canadian Solar.

The race will come to an end in January where it started: at United Nations in Geneva, Switzerland. If all goes as planned, Jules Verne's dream of traveling around the world in 80 days would have come true - via a more ecologically sustainable way.

Key Dates in North America

Vancouver      November 12
Seattle        November 13
Portland       November 14
San Francisco  November 16/17
Los Angeles    November 19/20
Las Vegas      November 22
Cancun         December 5

The next Zero Emissions Race plans are already under way, and it will take place in 2011.

ZERO EMISSIONS RACE ONLINE
The entire ZERO Race is documented with stories and photos on Zero Race Daily Blog at, http://www.zero-race.com/

ZERO RACE COMMUNITY
Join the Zero Race community for more daily updates and photos about the race.

Some of the sponsoring companies include:

- Galaxy Resources Limited (ASX:GXY) (PINK:GALXF)
- Google Inc. (NASDAQ:GOOG)
- Oerlikon Corporation AG (VTX:OERL)
- ABN Newswire

The ZERO Race is supported by

- The Vancouver Electric Vehicle Association
- Canadian Solar
- Consulate General of Switzerland in Vancouver
- Globe Foundation

For more information contact:
Louis Palmer
Tour Director, ZERO Race
louis.palmer@zero-race.com

Don Chandler
Vancouver Electric Vehicle Association
Mob: +1-604-307-1136

Australian Market Report of November 9, 2010: Auckland International Airport Limited (NZE:AIA) Announces New Asia Air-Services

newsroom@abnnewswire.net — Tue, 9 Nov 2010 13:30:00 GMT

Auckland International Airport Limited (NZE:AIA) is gaining further momentum from its increased focus on key Asian growth markets, with China Airlines announcing that it will commence air-services to Taipei in January 2011, and Malaysia Airlines announcing an additional service to Kuala Lumpur starting in March 2011. These services are in addition to the new Jetstar Auckland to Singapore services starting in March 2011, and the additional Asian capacity from Auckland added over the last 6 months by other airlines including Air New Zealand (NZE:AIR), Thai Airways (BAK:THAI), Korean Air (SEO:003490) and the recent decision of Air Asia X to commence services to Christchurch.

Coalworks Limited (ASX:CWK) said today that its wholly owned subsidiary, Coalworks (Vickery South) Pty Ltd (CVS), has received its Preliminary Feasibility Study (PFS) to develop the Vickery South Coal Mine, coal handling and preparation plant and mine infrastructure. According to the PFS, the mine project is expected to have a mine life of 18 years and produce an annual average of 1.41 million tonnes of semi soft coking coal and 0.28 Mt of export quality thermal coal, at full production.

Spitfire Resources Limited (ASX:SPI) has discovered a significant new zone of near-surface manganese mineralisation at its South Woodie Woodie Project in the East Pilbara region of Western Australia. The zone has been shown over an area approximately 220 metres long and 130 metres wide, with the mineralisation appearing to extend in an easterly direction. Survey is to commence shortly to define potential extensions to the mineralisation and follow-up drill targets. Further drill program is planned for early 2011.

Centrebet International Limited (ASX:CIL), already one of Australia's top tier corporate bookmakers, today released a Strategic Plan aimed at doubling its share of the bookmaking market to approximately 20% by FY15. The Strategic Plan is predicated on significantly increased brand marketing investment, a change in advertising spend and mix, and a step up in new product development in Australia. There will be a particular focus on new racing products, some of which are already in development. Centrebet's European operations will be focused on maximising investment program.

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