Guangzhou Ind to repay US$8m
The News Review:
- Guangzhou Ind to repay US$8m
- Interview: Kenya Airways plans to increase frequencies to Far East
- Customized RFID reader for library systems
- Guangzhou R&F says May home sales up 29 pct on yr
- Sinopec Guangzhou to raise June crude runs 63 pct
Guangzhou Ind to repay US$8m
Straits Times
html’>Breaking News >. html’>Singapore > StoryJune 8 2009Guangzhou Ind to repay US$8m By Elizabeth Wilmot SINGAPRE Exchange-listed firm Guangzhao Industrial Forest Biotechnology Group has won another extension to repay more than US$8 million (S$11. 7 million) to bondholder Liberty Harbor. The forestry firm – involved in the production and sale of fast-growing poplar – announced yesterday that it had until July 9 this year to repay its debt. This replaces an earlier extension to June 9 granted by Liberty Harbor. It was first announced in May 2007 that Guangzhao Industrial had entered into an agreement for the issue of US$8 million convertible bonds due 2011 to Liberty Harbor part of Goldman Sachs Asset Management.
Interview: Kenya Airways plans to increase frequencies to Far East
Trading Markets (press release)
In an interview with Xinhua on Monday Kenya Airways Chief perating fficer (C) Bram Steller said additional frequencies would provide customers with conveniently scheduled connections in China and help improve relations between Africa and the Far East. “Kenya Airways will keep focus on increasing frequencies and capacities to Guangzhou and we are well planning to soon online Beijing with new aircraft available — the B777″ Steller said. Steller said the Kenya Airways venture into Chinese skies is strategic as it positions the airliner to take advantage of the growing number of Chinese tourists and traders to Kenya and other African countries. He said China is the airline’s fifth biggest market in terms of passenger numbers in the whole network with very high network contribution as more than 70 percent of these passengers go beyond Nairobi. “We also see good growth of cargo business out of China to Africa market and this will be further supported by our Boeing 777 operations. It’s also interesting to see the big growth of leisure market to Kenya because it’s expected that China will be the biggest outbound tourist market by 2010 with more than 100 million tourists.
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Customized RFID reader for library systems
MeasurementDevices
56MHz multi-tag RFID Reader DL810 for library systems integrated with a customized external antenna so as to simplify the library items’ check-in and check-out process. This RFID Reader DL810 for library systems is specifically designed as a fixed RFID reader at issuing desks to be integrated into RFID Library Management project such as library items check-out and check-in information write in etc. With this reader DL810 a stack of books and audiovisuals can be scanned in seconds significantly reducing the time: there is no need to scan the library items one by one. The integrated DL810 RFID devices for library use advance anti-collision algorithm to enable a stack of library items to be scanned at the same time with fast tag processing speed of up to 50 pcs per second with good accuracy.
Guangzhou R&F says May home sales up 29 pct on yr
Reuters
HK> said its contracted sales in May increased 29 percentfrom a year earlier to 2. 4 billion yuan ($351.
Sinopec Guangzhou to raise June crude runs 63 pct
Reuters
SS) Guangzhou refinery will process 63 percent more crude in June from May after completing major maintenance work an industry source said on Thursday. The plant plans to process.
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