国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

PE fund scouts for more deals

By Wang Yu (China Daily)
Updated: 2007-11-03 09:58

The nation's first private equity (PE) fund is expected to make more investments in local companies after it sealed its debut deal in Tianjin on Friday.

"With our first-round capital of 6 billion yuan (US$804.3 million), we have made initial agreements with companies from the manufacturing, finance, energy and environmental sectors. Most are located around the Bohai Bay area, but some are from other regions," said Ma Jun, managing director of the Bohai Industrial Investment Fund Management Co Ltd.

Bohai Industrial Investment Fund, the nation's PE pioneer, bought a minority stake in Tianjin Pipe (Group) Corp on Friday for 1.5 billion yuan in cash. Tianjin Pipe is the country's largest maker of steel pipes for building oil pipelines.

"We will start raising funds again after we spend a certain percentage of the first round," Ma said.

Ma said the fund looks for companies that are in a solid industry segment, have sound business performance and plan to go public in the future.

The fund has also signed an agreement of intent with a coal producer, Yang said, without naming the firm.

Analysts said the PE firm is an important step for the country in developing industry funds and exploring new investment channels.


(For more biz stories, please visit Industry Updates)



Related Stories  
平邑县| 同心县| 荔波县| 甘孜县| 乐陵市| 盐山县| 西乡县| 中牟县| 邢台市| 雷波县| 建平县| 山丹县| 潍坊市| 二手房| 洛阳市| 体育| 新化县| 乡宁县| 田东县| 呼伦贝尔市| 涞水县| 井研县| 元氏县| 荥阳市| 水富县| 泊头市| 铜鼓县| 淳化县| 沧州市| 绩溪县| 兴业县| 甘德县| 扎鲁特旗| 黄石市| 康定县| 紫阳县| 中阳县| 慈溪市| 三门峡市| 修文县| 华阴市|