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Article: BRIEFING - ASIA JOINT VENTURES - APRIL 5, 2001.
- Article from:
- AsiaPulse News
- Article date:
- April 5, 2001
CopyrightCOPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on joint ventures for April 5, 2001, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
HU FAMILY CONSOLIDATES CONTROL OF HK'S RYODEN DEVELOPMENT
HONG KONG - The Hu family, the majority shareholders in Ryoden Development Limited (SEHK:745), has reached an agreement with the company's second largest shareholder, China Overseas Land & Investment Limited, to purchase its 21.6 percent stake for HK$341.5 million (US$43.8 million).
China Overseas will use the proceeds to purchase Ryoden Development's 60 per cent interest in ...