Feb., 3 -- PRNewswire / AsiaNet
DFCT RESIGNATION...
HONG KONG: The Board of Directors of DF China Technology, Inc. announced that effective January 30, 2004, Mr. Thomas J. Kenan resigned as the non-executive director of the company.
DFCT DISPOSAL...
HONG KONG: The Board of Directors of DF China Technology, Inc. Tuesday announced that on 27 January 2004, the Company entered into an agreement with a third party to dispose of its majority assets for debts reduction.
SOHU.COM RESULTS...
BEIJING: SOHU.COM Inc. has posted a 133 per cent on-year rise in revenues to US$24.6 million in the fourth quarter of 2003.
http://www.sohu.com
FDA APPROVAL...
INGELHEIM and RIDGEFIELD, Conn.: Boehringer Ingelheim Pharmaceuticals, Inc. Monday announced that the United States Food and Drug Administration (FDA) has approved Spiriva HandiHaler (tiotropium bromide inhalation powder) for the long-term, once-daily maintenance treatment of bronchospasm associated with Chronic Obstructive Pulmonary Disease (COPD).
http://www.boehringer-ingelheim.com
http://www.pfizer.com
FANNIE MAE...
WASHINGTON: Fannie Mae will redeem the principal amount of seven securities issues totalling US$3,475 million on February 12, 2004 at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest.
http://www.fanniemae.com
COMMSCOPE ACQUISITION...
HICKORY, N.C.: CommScope, Inc. Tuesday announced that it has completed the acquisition of the Connectivity Solutions (ACS) business of Avaya, Inc. (NYSE: AV), except for certain international operations that are expected to be completed later this year.
http://www.commscope.com
ZAP MISSION...
HONG KONG: Steve Schneider, CEO of U.S. electric startup ZAP, Tuesday announced he would be traveling to China in February as part of a trade mission with eminent electric vehicle scientist Dr. C.C. Chan to explore new business opportunities.
http://www.zapworld.com
CVRD CONTRACT...
RIO DE JANEIRO: Companhia Vale do Rio Doce and Baosteel Shanghai Group Corporation Monday decided to assess the feasibility of implementing a joint venture to build and operate an integrated steel plant in Sao Luis, state of Maranhao, Brazil, to produce about 3.7 million tons per year of steel slabs.
http://www.cvrd.com.br
HENKEL RESULTS...
DUSSELDORF: The Henkel Group achieved sales of 9,436 million euros in fiscal 2003, a decrease of 2.3 percent, but after adjusting for foreign exchange effects, sales rose by 4.2 percent.
http://www.henkel.com
ASE RESULTS...
TAIPEI: Advanced Semiconductor Engineering, Inc. Monday reported unaudited consolidated net revenues of NT$18,430 million for the fourth quarter of 2003, up 43% year-on-year.
http://www.aseglobal.com
VISTO CORPORATION...
REDWOOD SHORES, Calif.: Visto Corporation Monday announced that it has acquired Psion Software of London, UK, a division of Psion PLC.
http://www.visto.com
MONEYLINE TELERATE...
LONDON: Moneyline Telerate, a provider of financial information and transaction services, and Compagnie Financiere Tradition, a derivatives broker, Monday announced the global release of the Tradition Credit Derivatives Service.
http://www.moneyline.com
http://www.traditiongroup.com
CHINADOTCOM APPOINTMENT...
HONG KONG: chinadotcom corporation has appointed Mr. Rudy Chan as Chief Executive Officer of chinadotcom Mobile Interactive, a newly formed wholly-owned subsidiary of chinadotcom.
http://www.corp.china.com
CNOOC ACQUISITION...
HONG KONG: CNOOC Limited Tuesday announced that its wholly-owned subsidiary CNOOC Muturi Limited has signed an agreement with BG Group to acquire a 20.767% interest in the Muturi Production Sharing Contract (PSC) for US$98.1 million.
http://www.cnoocltd.com
UN EXHIBITION...
NEW YORK: An exhibition, "Building a Culture of Peace for the Children of the World," opens free to the public at the United Nations main Public Lobby, 45th Street and First Avenue, from February 5 through 27, Monday through Friday, 9am to 4:30pm.
(AsiaNet is a consortium of leading news agencies distributing unedited, translated news releases for worldwide clients. Visit www.asianetnews.net for full-text versions.)