PICC subsidiary buys Huawen Media stake

Investment

Wednesday, August 20, 2008 22:02:29

	PICC subsidiary buys Huawen Media stake By STAFF EDITOR Published: June 25, 2008 05:43 PM PICC Investment Holdings Co, a wholly-owned subsidiary of People’s Insurance Company (Group) of China (PICC), said it will buy a 55% stake in Huawen Media Investment Corp (000793.SZ) for US$43.67 million (RMB300 million), the Shanghai Securities News reported. The controlling stake will also give it effective control of Shanghai New Huang Pu Real Estate Co (600638.SH). ... You are currently reading 58 words of 177 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: Shanghai , property , investment , insurance , china , US , real estate , hong kong , management , life insurance , securities	More Articles in Investment > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Ddmap.com enters 3rd fundraising round Stake in Shanghai hi-tech VC investor up for sale Shanghai FDI down, value up Kuxun.com enters 3rd fundraising round Suzhou VC Investment pledges US$73m to IT service provider Foreign strategic investor joins Orient Group property subsidiary Ping An rumored to be eyeing Prudential investment

LOGIN AGRICULTURE AND FOOD AUTOMOTIVE AVIATION BANKING, FINANCE AND INSURANCE CHEMICALS CONSUMER AND RETAIL DEMOGRAPHICS EDITOR'S BLOG ENERGY HEAVY INDUSTRY INFRASTRUCTURE AND CONSTRUCTION INVESTMENT LEGAL AND REGULATORY LOGISTICS AND TRANSPORT MACROECONOMICS NATURAL RESOURCES AND COMMODITIES PHARMACEUTICALS POLITICS REAL ESTATE STOCK MARKETS TELECOMMUNICATIONS, MEDIA AND TECHNOLOGY TEXTILES TRADE ABOUT US Affiliates Contact Us HELP Privacy Policy Terms of Use

Browse by Title
1 2 3 4 5 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z