KGI to take Thai stake: Taiwan bank to buy 51% share of Securities One

Article Abstract:

Taiwanese investment bank KGI Investments Asia Ltd. finalized negotiations for its purchase of a 51% stake in Thai brokerage firm Securities One PCL. The purchase is a growing trend in Asia where Asian and international investors are buying up shares in cash-strapped but viable banking and financial services firms in Asian countries. This is due to the effects of the Asian currency crisis, which increases the attractiveness of Asian firms to foreign investments due to low investment restrictions and the need for new capital.

Financial Services, Finance and Insurance, Investment advice, Securities Investment Advice, Banking industry, Mergers, acquisitions and divestments, Financial services industry, Asia, Investment advisers, KGI Investments Asia Ltd., Securities One PCL

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JIMH watchers mull stock: price drop is due to poor earnings, a rumor

Article Abstract:

Rumors of a Chinese franchise pull out of Jardine International Motor Holdings may have caused the decline in the firm's July 1997 share trading. JIMH held a 49% joint venture with China's Mercedes-Benz distributor, Southern Star Motor. JIMH chairman Anthony Nightingale dismissed the rumored franchise closure claiming full confidence for its partner. Observers, however claim otherwise sensing a Mercedes-Benz firm wanting a better partner to penetrate deep into China's automobile market.

Motor Vehicle Dealers, Motor Vehicle and Parts Dealers, New and used car dealers, Automobile industry, Automotive dealers, Hong Kong, Securities, Hong Kong-China reunification question, Jardine International Motor Holdings Ltd.

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Incentives, cost concerns spur foreign investors to move inland from China's coastal cities

Article Abstract:

China's coastal cities and special economic zones have traditionally been the primary destination of foreign investments, particularly those from Taiwan. However, foreign investors have begun to move out of China's coastal areas and have started to invest in the country's inland areas. Buoyed by the Chinese government's efforts to boost economic growth in the poor central areas, many investors hope to capitalize on the lower operating costs in such areas.

Taiwan, China, Analysis, Foreign investments, Foreign trade zones

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