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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...

2011-03-29 08:00:00

SAN FRANCISCO, March 29, 2011 /PRNewswire/ -- Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (Nasdaq: MERR), today announced that it will serve as the Principal American Liaison (PAL) for Inter-Citic Minerals Inc. (TSX:ICI; OTCQX:ICMTF) as it lists on OTCQX®. (Logo: http://photos.prnewswire.com/prnh/20100914/SF64919LOGO) Inter-Citic Minerals Inc. is a junior gold exploration company with property in the People's Republic of China. The...

2011-03-29 06:00:00

NEW YORK, March 29, 2011 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Inter-Citic Minerals Inc. (TSX: ICI; OTCQX: ICMTF), a junior gold exploration company with property in the People's Republic of China, is now trading on the OTC market's highest tier, OTCQX®. (Logo:...

2010-11-17 19:00:00

HONG KONG, Nov. 17, 2010 /PRNewswire/ -- GSMA MOBILE ASIA CONGRESS -- Neustar, Inc., (NYSE: NSR), a leader in providing carriers and enterprises with solutions for sending calls, messages and content across networks worldwide, today announced that CITIC 1616 Holdings Limited ("CITIC 1616"; Hong Kong Stock Exchange stock code: 1883), a leading telecom services provider in Asia, has selected PathFinder, a GSMA-managed service operated by Neustar, to enable the delivery of IP services across...

2010-09-09 08:35:01

Hong Kong, Sept 9, 2010 - (ACN Newswire) - CITIC 1616 Holdings Limited ("CITIC 1616"; stock code: 1883), a leading telecoms services provider in Asia, today announced the availability of its IPX service (Internet Protocol Packet Exchange), which provides a one-stop-shop turnkey solution for IDD voice, mobile roaming signaling, SMS messaging and roaming data services for both mobile, fixed network operators and ISP (Internet Service Providers). Utilising the company's next generation managed...

2010-07-19 08:00:00

JINAN, China, July 19 /PRNewswire-Asia-FirstCall/ -- Beijing PowerUnique Technology Co., Ltd (BPUT), one of the wholly-owned subsidiaries of China VoIP & Digital Telecom Inc. (OTC Bulletin Board: CVDT), today announced that it has signed a virtualization agreement with CITIC Group (CITIC) in Beijing and will launch its integrated datacenter virtualization solution. CITIC Group, a large state-owned investment company, was established in 1979 by Mr. Ron Yiren, former Vice President of...

2009-11-27 06:15:00

SHANGHAI, Nov. 27 /PRNewswire-Asia/ -- SINA Corporation (Nasdaq: SINA), a leading online media company and mobile value-added service provider for China and the global Chinese communities, today announced that the subscription for ordinary shares by New-Wave Investment Holding Company Limited ("New-Wave"), pursuant to the agreement entered into between SINA and New-Wave in September 2009, has been completed. New-Wave is a British Virgin Islands company established and controlled by...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'