 |
|
  |
2005-7-8 06:46:00 p.m. HKT, XFNA
HK-listed Kamboat in preliminary talks to invest in China consumer lending co
|
| |
HONG KONG (XFN-ASIA) - Kamboat Group Co Ltd said it has started
preliminary discussions over possible investment in a consumer lending firm
in China.
""The potential investment presents a unique opportunity for the company
to strengthen its growth prospects and profitability by benefiting from an
investment driven by increasing GDP growth and consumer spending power,"" it
said in a statement.
It said it has not reached any agreement yet.
Kamboat today closed up 0.01 hkd or 0.79 pct at 1.28. The company is
involved in the food and beverage business.
(1 usd = 7.8 hkd)
leonora.walet@xfn.com
lw/rc
MMMM
AFN |
| |
News Provided by XFNA |
| |
|
| Copyright(C) AASTOCKS.com Limited 2000. All rights reserved |
| |
|
|
|
