SUBSCRIBERS
JES investing in Xinjiang mining firm
Published Tue, Nov 5, 2013 · 10:00 PM
LOSS-MAKING Chinese shipbuilder JES International is buying up to 30 per cent of a mining exploration firm in Xinjiang, China, in a bid to diversify its earnings stream.
The firm is investing $127 million - or 89.15 per cent of its market capitalisation as at Monday - i…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
BHP targets Anglo American in bid valuing miner at US$39 billion
FTSE 100 hits record high on big mining M&A, earnings push
Hermes Q1 sales jump 17% on strong China demand
AstraZeneca leaps after smashing Q1 forecasts
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover