Nonetheless, that did not deter Zhongguo Pengjie Fabrics (Pengjie Fabrics) from making its Mainboard debut on 11 August.
Chong updated that Sky China should be taking on a new project from Jilin, the details of which are still under wraps.
Established in 1992, Man Wah is a home furnishing group, primarily engaged in the design, manufacture and sale of a broad range of mid to high-end motion sofas under its well-known “Cheers” brand.
President Ji’s sudden stepping down from his position came as a shock to analysts and investors. A dinner was hastily organized by the management of COSCO to clarify the intentions of the switch and introduce the new President Jiang Li Jun to analysts.
Upon completion, the acquisition will not only entrench Sky One’s industry position in China and Hong Kong but also allow the company to gain access into the lucrative Taiwan market.
Due to the huge strides that oil and coal prices have made over the year, energy counters have generally outperformed other sectors of the market.
While all eyes are on China and India as promising markets for the future, there is however another huge market that also offers interesting opportunities - Indonesia with a population of 222m people.
Commonly known as a heat transfer specialist, SG is primarily engaged in the design and manufacturing of various energy-saving and environmental protection products utilising heat transfer technologies.
After being submerged in red ink for the past few years, Mainboard-listed Stratech Systems (Stratech), which commands a market capitalisation of a mere $31m, finally has something to smile about.
Dayen Environmental’s (Dayen) foray into the coal-mining business was put to a halt as problems kept emerging. Nonetheless, the company is trying to up the pieces all over again.