We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
London Asia | LSE:LDC | London | Ordinary Share | GB0008251513 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.85 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
London Asia Capital PLC 13 March 2007 13 March 2007 LONDON ASIA CAPITAL PLC New Contract wins at Investee Companies and PLUS Market Listing for Aluminium Recycling Business London Asia Capital plc ("London Asia" or "the Company") the UK listed (AIM: LDC.L) Asia focused investment and merchant banking group, is pleased to provide an update on recent activities at its clients and investee companies, including recent record results for Asia Power, new contract wins for investee companies Beijing Biaoqi Century Data Communications Technology Co., Ltd ("Century Data") and China MobileNet Ltd Co. ("CMNO"), and the successful PLUS market listing of China Changfa Alumina Recycling Limited ("Changfa Alumina"), where London Asia Corporate Finance acted a corporate adviser. Asia Power Corporation Ltd ("Asia Power") Asia Power announced a record net profit of S$19.9 million (2005: S$10.1 million) for the financial year ended 31 December 2006. The success was primarily due to the management's decision to refocus core businesses on environmentally friendly and renewable energy power plants, with the main focus being on the hydroelectricity sector. Other financial highlights include: FY 2006 (S$ m) FY 2005 (S$ m) % Change Revenue 121.3 98.1 +23.6 PBT 33.1 11.8 +180.7 Net Attributable Profit 19.9 10.1 +96.2 EPS (cents) 5.62 2.90 +93.8 Century Data contract win Century Data, the SMS application provider of value added SMS services directly to users in China in which London Asia is a shareholder, has entered into a major new agreement for the launch of a wireless network platform for China's sensors and instruments industry. The market for sensor and instrument users in China was an estimated 4 billion units in 2006, with an annual growth rate projected to be over 10%. Under the terms of the agreement, a new company will be formed which will be the cornerstone of a key national project to develop a wireless network platform using Century Data's Machine to Machine (M2M) wireless network technology. The platform will transfer, store and analyse collected data from registered instrument users through a range of possible transmission mediums, such as 3G, GSM and the internet. Century Data will be the largest shareholder of the new company. As part of the agreement, 35 of China's key Ministries have agreed on a schedule to use the wireless network platform for all their sensors and instruments. China Mobilenet major projects PLUS listed investee company China Mobilenet has been awarded two new contracts. The first is a contract to build and maintain an electronic platform that links consumers directly with after-sales service centres of product manufacturers. This platform (the "National Electronic Consumer Goods After-Sales Service SMS Platform") allows consumers to send the name of the manufacturer with which they have problems to the platform, which automatically notifies the appropriate manufacturers' after-sales service centre responsible for the follow-up. China Mobilenet charges the sales services centres a fee for every SMS sent by consumers. The Ministry of Information for Industry is expected to introduce new regulations on after-sales service standards, mandating that all electronic product manufacturers link their respective after-sales service system with this platform. The second contract is to build and maintain an SMS platform aimed at guiding consumers who wish to recycle or dispose of unwanted electronic products. The platform will allow consumers to communicate with the manufacturers of electronic products, who will offer guidance on ways to safely recycle or dispose of unwanted products PLUS Markets Listing of Changfa Alumina London Asia sponsored the listing of China Changfa Alumina on the UK's PLUS Stock Market, the eleventh listing of an Asian business on PLUS that London Asia Corporate Finance has sponsored to date. Incorporated in Jersey, Changfa Aluminas' operations are based in Shaanxi Province, China. It is one of the few companies in China which recycles alumina waste, producing high silicon aluminium using its proprietary electrolytic technology. Simon Littlewood, Chief Executive of London Asia, said: "We are delighted by the continued progress shown across our portfolio of investee companies, whose focus on the Energy and Environment, and consumer and services sectors in China mean that it is benefiting strongly from the strong economic growth within China, and is less dependent on the fluctuations in the capital markets and strength of Western economies." For further information please visit www.londonasia.com or contact: John West/ Matt Ridsdale Simon Littlewood Tavistock Communications London Asia Capital plc Tel: 020 7920 3150 Tel: 020 7355 7928 This information is provided by RNS The company news service from the London Stock Exchange END NRAILFERVDIFLID
1 Year London Asia Capital Chart |
1 Month London Asia Capital Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions