2013.10
Myanmar mining bill ‘with parliament, may be law by March’
Myanmar’s new mining law, designed to help clear the way for foreign investment in the country’s huge minerals sector, could be enacted as soon as March, an official with the country’s Ministry of Mines said on Wednesday.
GIC invests in IFC’s $1.2 bln infrastructure fund
Singapore’s sovereign wealth fund, GIC has become an anchor investor in IFC Asset Management Co’s $1.2 billion infrastructure equity fund that also raised capital from several other sovereign wealth funds and pension funds.
Blumont queries SGX’s lifting of trading halt
Singapore-listed Blumont Group Ltd, which has lost more than S$6 billion ($4.81 billion) in market value over four turbulent trading days, questioned the wisdom of the bourse’s decision to unlock its shares from suspension.
FIPB to consider SG Airlines JV plan on Oct. 18
The Foreign Investment Promotion Board (FIPB) will consider a proposal from Singapore Airlines to set up an airline in the country in a joint venture with the Tata Group on Oct. 18, according to the regulator’s website.
Temasek, Sinopec ‘approach Repsol over Gas Natural stake’
Singapore’s sovereign wealth fund Temasek and Chinese refiner Sinopec have approached Spanish oil company Repsol over its 4.7 billion euro ($6.4 billion) stake in Gas Natural, the Financial Times reported on Sunday.
Stephenson Harwood adds 3 to Greater China practice
Stephenson Harwood has grown its Greater China team with the appointments of Peter Hodson and Jezamine Fewins as consultants in Hong Kong, and Hugh Dong as a legal director in the firm’s newly launched office in Beijing.
NA Deals: Flurry of IPOs in Hong Kong
K&E and Davis Polk star in Forgame Holdings’ successful IPO, Sidley Austin helps CNOOC issue $2 bln bond issue, Deacons guides Bank of America on its disposal of its remaining stake in China Construction Bank, and much more in this week’s North Asia deals roundup.
Norton Rose, Freshfields advise on $1.83 bln Parkview purchase
Norton Rose Fulbright has advised The Hong Kong Parkview Group on its acquisition of a commercial property portfolio, valued at HK$14.2 billion ($1.83 billion), from COFCO Land Ltd.
Australia sees free-trade deal with China within 12 months
Australian Prime Minister Tony Abbott said he is intent on finalising a free-trade agreement with China within the next 12 months, and is prepared to accept a watered-down deal in order to quickly cement an arrangement that has been negotiated since 20…
Manila Electric unit buys 20 pct of Global Business Power
Manila Electric Co (Meralco) said on Wednesday its wholly owned unit, Meralco PowerGen Corp, has agreed to buy 20 percent of the power generation arm of conglomerate GT Capital Holdings Inc.