ABN Newswire

Asian Activities Report for February 10, 2012: Mazda Motor (TYO:7261) Develops Resin Material to Make Lighter Vehicle Parts

newsroom@abnnewswire.net — Fri, 10 Feb 2012 12:00:44 GMT

Mazda Motor Corporation (TYO:7261) has developed resin material for vehicle parts that maintains the same rigidity as parts made with conventional materials while achieving significant weight reduction. When the material is used for both front and rear bumpers, it contributes to weight reduction of approximately 20%. Mazda plans to adopt the lighter bumpers using this resin material in the all-new Mazda CX-5 SUV to go on sale this spring, as well as other upcoming new models.

Sinochem International Corporation (SHA:600500) has signed an agreement with French energy giant Total (EPA:FP) to buy TEPMA BV, a fully owned affiliate of Total in Colombia, for about US$1 billion. TEPMA BV holds a working interest in the Cusiana field, of which Total's share of production is around 7,000 barrels of oil equivalent per day. This transaction is subject to approval by the relevant authorities.

Japanese pharmaceutical company Takeda Pharmaceutical Company Limited (TYO:4502) announced the establishment of the Takeda Shanghai Development Center within the Shanghai-based Takeda (China) Holdings Co. Ltd., a wholly owned subsidiary of Takeda. This important step reflects Takeda's strategic commitment to China, where the company is actively enhancing manufacturing, marketing and sales operations.

Mitsubishi Motors Corporation (TYO:7211) will present the global debut of the all-new Outlander at the 82nd Geneva International Motor Show which runs from March 6 through March 18. The new-generation Outlander is built to be eco-friendly, with the fuel efficiency and CO2 emission levels among the best in its class.

Lion Corporation (TYO:4912) says that the Company has improved Ban Deodorant Roll On, which features a long-lasting deodorant effect, and has upgraded Ban Refresh Shower Sheets, a new product that can effectively wipe away sticky perspiration and odor. Lion will also add Pink Plumeria and Aqua Sparkle fragrances to its Ban Deodorant Powder Spray series in February 2012.

Qiubei Fu
Asia Business News
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Asian Activities Report for February 9, 2012: Pacific Basin Shipping Limited (HKG:2343) Forms Alliance with Crowley Maritime Corporation

newsroom@abnnewswire.net — Thu, 9 Feb 2012 12:34:33 GMT

Pacific Basin Shipping Limited (HKG:2343), one of the world's leading operators of modern handysize and handymax dry bulk vessels and a global provider of diversified shipping services, has formed business alliance with US-based Crowley Maritime Corporation. The alliance aims to provide comprehensive project management, project cargo transportation, logistics, offshore support, and other services to Oil and Gas, Mining, and Engineering, Procurement and Construction Management customers undertaking major infrastructure projects in Southeast Asia and Oceania. The alliance will also provide customers with representation and a seamless marine cargo and logistics solution in and around the United States and Southeast Asia and Oceania.

Renesas Electronics Corporation (TYO:6723), a Japan-based semiconductor manufacturer, has opened a wholly-owned subsidiary in Sao Paolo, Brazil, to further expand its operations into South America. The new company will provide local sales promotion and technical product support, as well as regional systems solution development expertise.

Akebono Brake Industry Co., Ltd. (TYO:7238), a Japanese manufacturer of automotive and industrial brakes and related components, has announced the establishment of a new manufacturing facility in Mexico. The new production facility and supply base will facilitate a shift to localized production of Akebono Brake's components which have been exported to Mexico from Japan and elsewhere, to meet the increasing demand from automakers in Mexico.

Nikon Corporation (TYO:7731) announces the release of the Nikon D800 FX-format digital SLR camera, which offers a noteworthy effective pixel count of 36.3-million pixels. The camera has superior image quality and a number of new functions, including multi-area mode full HD D-Movie that enables movie recording using either the FX-based movie format or the DX-based movie format.

Qiubei Fu
Asia Business News
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Asian Activities Report for February 8, 2012: Great Wall Computer (SHE:000066) Partners with Satcon (NASDAQ:SATC) in Chinese Solar Projects

newsroom@abnnewswire.net — Wed, 8 Feb 2012 13:00:30 GMT

Great Wall Computer Company Limited (SHE:000066), a Chinese electronics contract manufacturer, has agreed to form a strategic sales and manufacturing partnership with Satcon Technology Corporation (NASDAQ:SATC), a leading provider of utility-scale power conversion solutions for the renewable energy market. Under the partnership Great Wall has committed to an initial purchase of approximately 60 megawatts of Satcon's PowerGate Plus solutions, which are expected to be delivered by April and utilised for Great Wall's projects. The two parties will also work together to reduce cost through design and supply chain improvements.

Anhui SaunaKing Co., Ltd. (SHE:300247), one of the leading manufacturers and exporters of sauna products in China, has proposed to acquire 100% stake in Saunalux, a German manufacturer of saunas and thermal cabins, for 2.1 million euros, and to invest a further 4.25 million euros in Saunalux as operating capital. Through the acquisition SaunaKing intends to expand its market position in Europe by utilising Saunalux's channel and resources, and to introduce Saunalux' high end brands into the Chinese market.

Suzuki Motor Corporation (TYO:7269) will establish a 50:50 joint venture company with Intelligent Energy Holdings PLC ("IEH") of UK, in February 2012, for developing and manufacturing fuel cell system. The Joint venture company, named SMILE FC System Corporation, aims to develop and commercialize a product by combining the fuel cell development technology of IEH, and control and mass-production technologies of Suzuki.

Qiubei Fu
Asia Business News
Tel: +61-2-9247-4344
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Asian Activities Report for December 13, 2011: Minmetals Resources Limited (HKG:1208) Reports 103.9% Increase in Zinc Ore Reserves

newsroom@abnnewswire.net — Tue, 13 Dec 2011 12:00:59 GMT

Minmetals Resources Limited (HKG:1208) announced its Mineral Resources and Ore Reserve Statement as at 30 June 2011 with a 103.9% increase in zinc Ore Reserves. Reserve gains are mostly due to the inclusion of the Dugald River Ore Reserve for the first time. Dugald River is an undeveloped zinc deposit located in North West Queensland, Australia. It is expected to produce approximately 2 million tonnes of ore and 200,000 tonnes of zinc in zinc concentrate per annum with an estimated mine life of over 22 years. Minmetals Resources Limited will invest A$157 million to develop the next stage of the Dugald River project.

Microsoft Corp. (NASDAQ:MSFT) and Nissan Motor Co. Ltd. (TYO:7201) will collaborate and create a next-generation dealer management system based on Microsoft Dynamics. The two companies will blend dealer and customer relationship management and social collaboration tools into a solution that will help Nissan develop a stronger relationship with its customers, drive dealer sales and increase market share on a global scale.

Samsung Electronics (PINK:SSNLF) (SEO:005930) has announced the launch of the next evolution of GALAXY Tab - the GALAXY Tab 10.1 in Australia. The GALAXY Tab 10.1 is a stunningly slim and light tablet featuring Samsung's customised Android(TM) 3.1 (Honeycomb) platform, offering an advanced entertainment, business and e-learning experience. The GALAXY Tab 10.1 will be available in December with prices starting from A$579.

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

Asian Activities Report for December 9, 2011: Shanghai Electric Group (SHA:601727) to Form Wind Power Equipment Joint Ventures with Siemens (NYSE:SI)

newsroom@abnnewswire.net — Fri, 9 Dec 2011 13:00:00 GMT

Shanghai Electric Group (SHA:601727) (HKG:2727) has signed agreements with Siemens (NYSE:SI) to jointly invest over 165 million euros in two joint venture companies in China for the development, manufacturing and sales of wind power equipments. Shanghai Electric expects to utilise Siemens' advanced wind power technology and to play a leading role in China's offshore wind power market.

Beijing Enterprises Holdings Limited (HKG:0392) says that its subsidiary Green Industry (Qinghai) has signed a contracting agreement for a 20 megawatt photovoltaic grid-tied power generation project in Qinghai Province in China. Green Industry (Qinghai) is responsible for the operation of the Project, which is expected to commence by the end of 2011. The total investment of the Project is approximately RMB 356,220,000.

Mitsubishi UFJ Trust and Banking Corporation, a wholly owned subsidiary of Mitsubishi UFJ Financial Group Inc. (TYO:8306), will form a strategic business and capital alliance with AMP Limited (ASX:AMP), the largest independent financial services provider in Australia. Mitsubishi UFJ will acquire a 15% interest in AMP Capital Holdings, a subsidiary of AMP Limited. This alliance is part of Mitsubishi UFJ's business growth strategy to enhance its asset management business globally.

Honda Motor (TYO:7267) says that two of its auto plants in Ohio have earned the U.S. Environmental Protection Agency's 2011 Energy Star award, due to the Company's ongoing efforts to operate energy-efficient facilities. Improving the energy efficiency of Honda factories is the single biggest focus of the company's efforts. It has ongoing conservation initiatives to minimize the environmental impact from the use of fossil fuels.

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

Asian Activities Report for December 7, 2011: Great Wall Motors (HKG:2333) Receives EU Whole Vehicle Type Approval for Voleex C30 and Voleex C20R

newsroom@abnnewswire.net — Wed, 7 Dec 2011 11:27:21 GMT

Great Wall Motors (HKG:2333) has received EU Whole Vehicle Type Approval for its Voleex C30 and Voleex C20R. Voleex C30, Great Wall's first three-box car, is one of the Top 10 Compact Family Cars in terms of sales volume in China in 2011, and has already been sold to more than 50 countries and regions. Voleex C20R, a cross vehicle type featuring sports characteristics and multiple functions, provides superior comfort and driving excitement.

Chevalier International Holdings Limited (HKG:0025) has entered into a letter of intent in relation to possible acquisitions of certain hot spring hotels in Japan. Chevalier International is principally engaged in construction and engineering, insurance and investment, property development and investment, food and beverages, and computer and information communication technology. The acquisition, if completed, will help Chevalier diversify its income stream and gain from the development of the Japanese tourism industry.

Daiichi Sankyo Co., Ltd (TYO:4568) advises that its subsidiary Ranbaxy Laboratories Ltd. (BOM:500359), India's largest pharmaceutical company, has received final approval from the U.S. Food and Drug Administration to manufacture and market Atorvastatin, a cholesterol-reducing medicine, in the US market. Atorvastatin will provide a safe, effective, affordable and accessible alternative to Pfizer's (NYSE:PFE) cholesterol-lowering medication Lipitor, which generated total annual sales of US$7.89 billion in the US through September 2011.

Qiubei Fu
Asia Business News
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Asian Activities Report for December 5, 2011: Chow Tai Fook to IPO on Hong Kong Stock Exchange

newsroom@abnnewswire.net — Mon, 5 Dec 2011 12:30:38 GMT

Chow Tai Fook Jewellery Group Ltd. is preparing to launch what may become Hong Kong's biggest initial public offering in 2011, aiming to raise as much as HK$22 billion, with stock expected to start trading on December 15th. The Hong Kong based luxury-goods company has more than 1,400 outlets in China, with net income of more than HK$6.3 billion in the year ending March 31. As China's retail sales growth remains robust, the Company expects to further expand its retail network in Greater China.

Nissan Motor Co., Ltd. (TYO:7201) announces that its 100% electric Nissan LEAF has won the Car of the Year Japan 2011-2012 award at the 42nd Tokyo Motor Show, the first time in the Show's long history that an electric vehicle has won this prestigious award. Nissan LEAF is a zero-emission vehicle that emits no CO2 while it is being driven. It has strong and smooth acceleration performance, excellent quietness, outstanding riding comfort and superb handling stability.

Exoma Energy Limited (ASX:EXE) confirms that its recent Katherine-1 well in the Galilee Basin in Central Queensland has the potential to be a significant onshore oil resource. Studies indicate that Katherine West structure may contain up to 177 million barrels of oil in place, in addition to 458 million barrels of potential oil in place at the adjacent but undrilled prospect - Katherine East. Follow-up drilling is expected in 2012.

Phoenix Gold Limited (ASX:PXG) announces the result of its latest drill programme completed at the Castle Hill Project in the Goldfields region of Western Australia. Drilling intersects significant high-grade mineralisation including 10 metres at 9.92 grams per tonne gold. The Company is expecting an upgrade of 559,000 ounce resource in march quarter 2012.

Qiubei Fu
Asia Business News
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Asian Activities Report for November 30, 2011: CapitaMalls Asia Limited (HKG:6813) Donates Over HK$3.1 Million to Underprivileged Children in Asia

newsroom@abnnewswire.net — Wed, 30 Nov 2011 12:00:26 GMT

CapitaMalls Asia Limited (HKG:6813) is donating more than HK$3.1 million to nearly 19,000 underprivileged children in Singapore, China, Malaysia, Japan and India under its signature annual "My Schoolbag" programme this year. For the first time, the programme is extended to Malaysia, Japan and India, where school and daily necessities are given to underprivileged children. CapitaMalls Asia Limited is one of the largest listed shopping mall developers, owners and managers in Asia, with 97 malls in 51 cities in Singapore, China, Malaysia, Japan and India.

Mazda Motor Corporation (TYO:7261) has launched the special edition Mazda Premacy '20S Prestige Style' in Japan. The Premacy is a seven-seat minivan that is sold outside Japan as the Mazda5. The special edition 20S Prestige Style features enhanced interior and exterior refinement with exclusive equipment including sporty 17-inch reflective alloy wheels, high-quality and comfortable half-leather seats.

Neon Energy Limited (ASX:NEN) has completed the drilling phase of the Paloma Deep well onshore California, confirming the presence of oil and/or gas in eight zones, which in aggregate represent approximately 1,000 feet of potential hydrocarbon pay. The Company is planning to commence production test to confirm the commercial potential of the well.

Aquila Resources Limited (ASX:AQA) has completed a Definitive Feasibility Study for the Gravenhage Manganese Project in South Africa. The Definitive Feasibility Study proposes a 1.5 million tonne per annum operation to produce oxide manganese ore over a total mine life of 17 years. Exports are expected to commence in 2015.

Qiubei Fu
Asia Business News
Tel: +61-2-9247-4344
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Asian Activities Report for November 28, 2011: Toyota Motor Corporation (TYO:7203) Unveils Newest Sports Car "86"

newsroom@abnnewswire.net — Mon, 28 Nov 2011 12:00:43 GMT

Toyota Motor Corporation (TYO:7203) has unveiled its newest model of sports car "86", the world's smallest mass-production four-passenger sports car, designed to achieve superior handling and driving enjoyment. Jointly developed by Toyota Motor and Fuji Heavy Industries (TYO:7270), the sports car is expected to be released to the market in the spring of 2012. The price is undecided.

United Company Rusal Plc ("UC RUSAL") (HKG:0486), the world's largest aluminium producer, has signed a share purchase agreement with China North Industries Corporation ("NORINCO") under which UC RUSAL has agreed to purchase a 33% stake in Shenzhen North Investments Corporation Limited, a trading affiliate of NORINCO specializing in aluminium, alloys and other non-ferrous metals. This acquisition is expected to enhance the effective promotion of RUSAL's products in the Chinese market.

Bathurst Resources Limited (ASX:BTU) announces its first export shipment of coal from the Buller Project. The shipment left Westport over the weekend bound for the Port of Taranaki where it will be discharged pending a bulk shipment to the final customer in Asia.

Australian resources company GBM Resources Limited (ASX:GBZ) has discovered broad zone of Rare Earth Element and Yttrium mineralisation at the Milo Project. Drilling has confirmed that the mineralisation is open along strike and at depth. The Company is planning to commence a Scoping Study at the Milo Project.

Asia Business News
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Asian Activities Report for November 10, 2011: Kula Gold Limited (ASX:KGD) Confirms Further High Grade Mineralisation at Kulumadau East

newsroom@abnnewswire.net — Thu, 10 Nov 2011 12:00:02 GMT

Kula Gold Limited (ASX:KGD) says today that drilling confirms further high grade gold mineralisation immediately east of the 685,000 ounce Kulumadau Resource at its Woodlark Island Gold Project in Papua New Guinea. The Company plans to continue its exploration program to establish a resource at Kulumadau East. Engineering studies are continuing with the Definitive Feasibility Study due to be completed at the end of Quarter 1 in 2012.

Kidman Resources Limited (ASX:KDR) has received initial assay results from the first 6 holes of the recently completed 19 hole drilling program at the Blind Calf and Wilmatha projects in central New South Wales. The high grade results, including 5 metres at 5.1% Cu and 4 metres at 4.0% Cu, confirm that copper mineralization extends down-plunge at Dunbars and Blind Calf Lodes. Remaining drilling results are expected in the next few weeks.

African Energy Resources Limited (ASX:AFR) has commenced excavation of a 10,000 tonne bulk sample of coal at the Sese Coal project in northeast Botswana. Coal from the bulk sample will be used for a series of large scale tests, including export trials using the existing rail/port infrastructure, combustion tests for power station boilers, and assessments of the coal's suitability for coal-to-liquids processing.

Automotive Technology Group Limited (ASX:ATJ) says today that its low emission, high fuel efficiency Sprintex(R) supercharger products have won two Global Media Awards last week at the Specialty Equipment Market Association Las Vegas Show, the world's premier and largest automotive aftermarket event. Sprintex(R) competed against over 2,000 entries to win the awards, confirming the industry's approval for Sprintex(R) designs and products. More than 100 new dealers have expressed interest in selling Sprintex(R) products.

Asia Business News
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