久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

China Timber to buy stake in Inner Mongolia toll expressway

Updated: 2011-01-15 07:48

By Li Tao(HK Edition)

  Print Mail Large Medium  Small 分享按鈕 0

China Timber Resources Group Ltd announced Friday that it is to buy a 66 percent stake in a company building a toll expressway in a coal-producing part of Inner Mongolia for 3 billion yuan.

In a statement to the Hong Kong Stock Exchange, it said it plans to diversify its business. It also said it plans to privately issue 7 billion shares to four investors, including the Li Ka Shing Foundation, at 0.4 yuan a share in order to raise 2.80 billion yuan. The amount issued will account for 29.98 percent of total equity upon completion of the private placement.

Excluding the construction period, the targeted company, namely Inner Mongolia Zhunxing Heavy Haul Expressway Co, has an exclusive right to build and operate China's first heavy duty expressway designed for coal transportation in the Inner Mongolia Autonomous Region for 30 years, the company wrote in the statement to the city's bourse.

The 265-kilometer-long toll expressway will connect Jungar Banner and Xinghe County, a major coal production area and logistics hub for coal distribution in northern China, the company added.

The expressway is expected to begin operations in January 2013 and the proposed toll fee for the expressway is 0.15 yuan per ton per kilometer.

China Timber, through its subsidiaries, provides timber logging and trading of timber logs from forest concessions.

The proposed transaction was "in line with the company's business strategy to consider diversification into a new line of business that has significant growth potential," Cao Zhong, its chairman said in the statement.

According to its interim report, China Timber recorded a further HK$200 million loss for the six months ended September 30, 2010, compared with a loss of HK$21.1 million during the same period a year earlier.

Shares of the Hong Kong-listed company gained HK$0.025 or 6.76 percent to close at HK$0.395 on the city's bourse Friday. Trading of shares had been suspended since Wednesday pending the announcement.

"It is a good attempt for China Timber to explore some new channels for a diversified business portfolio," said Alvin Chung, associate director at Prudential Brokerage. "But its stock, though it has seen a tremendous gain since November, is quite likely to fall back to previous lows later on."

Between January and October 2010, China Timber's share price traded mainly in a range between HK$0.10 and HK$0.15. However, since November the stock has surged almost 300 percent.

"Apparently some investors learned about the transaction in advance and pushed the price to its current high," Chung added.

China Timber will also sell a total of 7 billion new shares to four investors, including Li Ka Shing Foundation Ltd, China Life Trustees Ltd, Lunar International Ltd and CEF Holdings Ltd, for HK$0.40 per subscription share, it said in the same statement.

China Life Trustees is a wholly-owned subsidiary of Singapore-based China Life Insurance (Overseas) Co Ltd, and CEF is jointly owned by Li Ka-shing's Cheung Kong (Holdings) Ltd and Canadian Imperial Bank of Commerce. Lunar International is wholly-owned by Themes Investment Partners II, LP - a private equity firm based in New York.

China Daily

(HK Edition 01/15/2011 page3)

久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    久久99精品国产.久久久久久| 成人av网址在线| 欧美精品一区二区三区久久久 | 麻豆精品一区二区三区| 精品久久久久av影院 | 福利一区福利二区| 亚洲欧美偷拍另类a∨色屁股| 色婷婷精品大在线视频| 日本sm残虐另类| 国产欧美1区2区3区| 欧美在线视频全部完| 六月婷婷色综合| 国产精品不卡视频| 欧美片网站yy| 懂色av一区二区三区免费观看| 亚洲激情校园春色| 精品免费日韩av| 色综合色综合色综合色综合色综合| 日韩国产精品久久| 国产欧美日产一区| 欧美视频在线不卡| 国产一区二区三区日韩 | 日韩国产精品久久久| 日本一区二区三区四区在线视频| 在线观看日韩毛片| 国产综合久久久久久鬼色| 亚洲欧美一区二区久久 | 久久精品国产精品亚洲精品| 国产精品久久久久久久第一福利 | 欧美国产精品久久| 欧美日韩在线免费视频| 国产一区二区三区免费播放| 一区二区三区在线视频观看58| 精品少妇一区二区三区在线视频| 91亚洲国产成人精品一区二区三| 免费成人在线影院| 亚洲视频在线观看一区| 精品国产网站在线观看| 在线观看成人免费视频| 国产成人精品三级| 日本欧美一区二区| 亚洲精品视频免费观看| 26uuu色噜噜精品一区| 欧美特级限制片免费在线观看| 国产精品一二三| 五月天中文字幕一区二区| 国产精品久久久久影院色老大| 91精品欧美久久久久久动漫| 色综合视频一区二区三区高清| 国产一区二区三区免费观看| 天天操天天综合网| 亚洲久本草在线中文字幕| 久久蜜桃av一区二区天堂 | 亚洲一区自拍偷拍| 国产精品久久国产精麻豆99网站 | 一个色妞综合视频在线观看| 国产视频一区二区在线| 日韩一区二区精品葵司在线| 在线免费精品视频| 99在线视频精品| 国产 欧美在线| 狠狠狠色丁香婷婷综合久久五月| 图片区小说区国产精品视频| 亚洲欧美激情一区二区| 亚洲国产精品黑人久久久| 欧美xxxxxxxx| 欧美一区二区女人| 欧美日韩国产乱码电影| 一本色道亚洲精品aⅴ| 成人av手机在线观看| 国产精品羞羞答答xxdd| 久久精品国产99国产| 婷婷久久综合九色国产成人| 一区二区三区色| 亚洲美女免费在线| 亚洲色欲色欲www在线观看| 中文字幕av一区 二区| 久久一区二区三区四区| 欧美变态tickling挠脚心| 911国产精品| 精品视频一区二区不卡| 91福利在线免费观看| 99久久99久久久精品齐齐| 成人美女视频在线看| 国产91丝袜在线播放| 国产乱码精品一区二区三区五月婷| 麻豆精品视频在线| 久久精品国产成人一区二区三区| 男人的天堂久久精品| 视频一区欧美日韩| 在线视频国内一区二区| 91香蕉视频在线| 99久久婷婷国产精品综合| 成人免费av网站| aaa欧美色吧激情视频| av色综合久久天堂av综合| av电影在线不卡| 91美女片黄在线观看91美女| 99re在线视频这里只有精品| 99riav久久精品riav| 色哟哟欧美精品| 欧美视频你懂的| 欧美日韩成人一区二区| 91精品国产色综合久久不卡电影| 欧美一区二区精品在线| 精品欧美乱码久久久久久| www久久精品| 国产精品欧美一级免费| 亚洲婷婷在线视频| 一区二区三区电影在线播| 亚洲电影在线免费观看| 免费看日韩精品| 国产综合成人久久大片91| 国产白丝精品91爽爽久久| av一二三不卡影片| 色婷婷综合五月| 欧美日韩1区2区| 日韩欧美视频一区| 久久久久久久久久久黄色| 国产精品色在线| 亚洲在线一区二区三区| 视频一区国产视频| 精品一区二区免费在线观看| 国产成人精品在线看| 91麻豆免费看片| 91.com在线观看| 2022国产精品视频| 一区在线播放视频| 无吗不卡中文字幕| 国产麻豆精品在线| 97精品视频在线观看自产线路二| 欧美综合久久久| 91精品国产欧美一区二区| 久久人人超碰精品| 亚洲欧美成aⅴ人在线观看| 五月天一区二区| 国产精品一级片| 在线精品视频小说1| 日韩欧美成人午夜| 国产精品久久久久影院老司| 亚洲国产成人高清精品| 国产一区二区电影| 91福利视频网站| www国产精品av| 亚洲精品免费看| 麻豆91免费观看| 91农村精品一区二区在线| 51精品视频一区二区三区| 国产性天天综合网| 亚洲电影视频在线| 国产成人福利片| 欧美绝品在线观看成人午夜影视| 国产亚洲精品超碰| 午夜影院在线观看欧美| 国产成人啪免费观看软件| 欧美日韩日日骚| 国内精品不卡在线| av在线一区二区| 日韩女优电影在线观看| 中文字幕一区二区三区不卡在线| 国产亚洲精品久| 一区二区三区免费观看| 狠狠色狠狠色合久久伊人| 欧美性猛交xxxx乱大交退制版| 久久久久久日产精品| 亚洲国产视频一区二区| 风间由美一区二区av101| 欧美精品在线观看播放| 国产精品黄色在线观看| 麻豆成人在线观看| 色老汉一区二区三区| 久久综合久久综合亚洲| 亚洲电影一级片| 99久久久久久| 久久久久久免费| 天天射综合影视| 色呦呦一区二区三区| 免费成人在线观看| 91日韩在线专区| 久久先锋资源网| 日韩精品亚洲专区| 91一区一区三区| 国产情人综合久久777777| 青青草97国产精品免费观看无弹窗版 | 不卡视频在线观看| 精品免费国产二区三区| 亚洲狠狠爱一区二区三区| 波多野结衣中文一区| 精品国精品国产| 视频一区中文字幕| 欧美性一级生活| 亚洲欧美偷拍卡通变态| 成人黄页在线观看| 精品福利在线导航| 男人操女人的视频在线观看欧美| 91国偷自产一区二区开放时间| 国产精品久久久久久久久久久免费看 | 一区二区三区精品视频| eeuss影院一区二区三区| 久久久国产精品不卡|