Latest CITIC Group Stories

2011-08-01 12:27:00

BEIJING, Aug. 1, 2011 /PRNewswire-Asia-FirstCall/ -- Tri-Tech Holding Inc. (Nasdaq: TRIT), a premier Chinese company that provides turn-key solutions in China for the water resources, water and wastewater treatment, industrial safety and pollution control markets, announced today that the company has been granted a line of credit loan in the amount of RMB60 million (US$9.32 million) from China CITIC Bank. In unrelated news, the company has also filed a shelf registration statement on Form...

2011-07-18 06:56:00

HONG KONG, July 18, 2011 /PRNewswire-Asia/ -- COSTIN New Materials Group Limited ("COSTIN", together with its subsidiaries, the "Group", stock code: 2228.hk), which is principally engaged in the research and development, production and sales of non-woven materials and recycled chemical fibres, is pleased to announce today that it has completed the issue of a US$30 million (approximately HK$233 million) convertible bond to CITIC Capital China Access Fund Limited, an investment fund managed...

2011-06-16 08:06:00

SAN FRANCISCO, June 16, 2011 /PRNewswire/ -- Vector Capital, a global private equity firm specializing in the technology sector, today announced it has completed its acquisition of RAE Systems, Inc. in a take-private transaction valued at approximately $138 million. In connection with the transaction, Vector partnered with CITIC Capital Partners, a leading China based private equity firm. RAE Systems, founded in 1991, is a leading provider of rapidly deployable connected, intelligent gas...

Word of the Day
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'