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5 China St football jersey ate Construction injects HK$5 bln into China Overseas China St football jersey ate Construction injects HK$5 bln into China Overseas
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China State Construction injects HK$5 bln into China OverseasPublished: 02 Sep 2009 19:24:05 PSTTop 5 News From ChinaKnowledge.comBaosteel sees improved profit in H2Country Garden floats 5-year notes worth US$300 mln on TueBeijing’s e-Town launches wireless broadband networkChina Development Bank forms RMB 35-bln investment fundBDA sees growing demand for talentSep. 3, 2009 (China Knowledge) – China State Construction Engineering Corp<601668>, the country’s largest home builder, is planning to inject HK$5 billion into its wholly-owned subsidiary China Overseas Holdings, the parent company of Hong Kong-listed China Overseas Land & Investment Ltd<0688>, sources reported.The deal is expected to raise China Overseas Holdings’ paid-up capital to HK$5.6 billion.In the first half of this year, China State Construction Engineering’s net profit was HK$2.33 billion. During the same period, China Overseas Holdings, which is also the parent company of China State Construction International Holdings Ltd<3311>, realized HK$1.35 in net profit attributable to shareholders, accounting for 58% of China State Construction Engineering’s net profit.China Overseas Land & Investment and China State Construction International is 51.68% and 62.83% held by China Overseas Holdings, respectively.Copyright © 2009 http://www.chinaknowledge.com港澳游 电磁流量计 CFD lithium battery 弹簧 深圳搬家 滤油机 Rift platinum sofa legs