The Holden brand will be retired from sales in Australia and New Zealand and local design and engineering operations will wind down by 2021, General Motors (NYSE:GM) announced today. Maven and Holden Financial Services operations will also wind down in Australia.
Adient (NYSE:ADNT), the world's largest global automotive seating supplier, today announced the opening of a new corporate office in Shanghai, China. To celebrate this milestone, Adient hosted a grand opening ceremony attended by local government officials, Adient employees and business leaders.
The Directors of Austin Engineering Limited (ASX:ANG) are pleased to announce the signing of a binding memorandum of understanding (MOU) to acquire 74.9% of the shares in South African mining attachment business, Van Reenen Steel Pty Ltd (VR Steel).
Asian Activities Report for December 19, 2011: NTT Data (TYO:9613) to Commence a Demonstration Program in Beijing to Tackle Traffic Congestion
Asian Activities Report for December 19, 2011 includes: NTT Data Corporation (TYO:9613) is planning to commence a demonstration program in late January 2012 in Beijing, China; Hitachi (TYO:6501) and Founder Group (SHA:600601) have signed a cooperative agreement to provide SaaS cloud computing technology to the Chinese market; 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; China Internet Information Center (china.com.cn) and CMMB Vision Holdings Limited (HKG:0471) have signed an agreement to collaborate on multimedia services worldwide.
Asian Activities Report for December 1, 2011: Asahi Group (TYO:2502) to Acquire Australian Bottled Water Company Mountain H2O Pty Ltd
Asian Activities Report for December 1, 2011 includes: 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; China Longyuan Power Group Corporation Limited (HKG:0916) has received governmental approval for the 49.5 megawatt Shaanxi Qingling Guanritai Wind Power Project; Virgin Blue Holdings Limited (ASX:VBA) and Singapore Airlines (SIN:C6L) will enter into an integrated network aviation alliance; Nufarm Limited (ASX:NUF) has completed the acquisition of Seeds 2000, Inc., a sunflower seed research and production company in USA.
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
Asian Activities Report for November 22, 2011 includes: 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; 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; 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; 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.
The 6th Annual China Railworld Summit 2011 Opened in September 22-23 in Kempinski Hotel Beijing Lufthansa Center
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.
Banking & Finance
- NSX Ltd (ASX:NSX) Quarterly Activities Report
- Asset Resolution Limited (NSX:ASS) NobleOak Investment Update
- Actcelerate International Group Limited (NSX:ACT) Update on IDEAQU Investment
Oil Gas & Energy
- Genex Power Ltd (ASX:GNX) Quarterly Activities Report
- Senex Energy Ltd (ASX:SXY) and Adbri Sign New Long Term Gas Sales Agreement to Support Manufacturing Operations
- Central Petroleum Limited (ASX:CTP) Mereenie Development Well WM28 Commences