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Palmer notches $200m court win against Chinese

Businessman Clive Palmer has described his victory in the long-running royalties battle against Chinese state-owned government enterprise Citic Pacific in the Pilbara as a “win for all Australians”.

Clive Palmer wins longstanding Pilbara iron ore royalty claim

Businessman Clive Palmer's company Mineralogy has won a Supreme Court claim for $US150 million in unpaid royalties against two Citic Pacific subsidiaries over a Pilbara iron ore project.

DCH and CITIC Pacific establish an investment fund

2017-10-23 marketwired
HONG KONG, CHINA--(Marketwired - Oct 23, 2017) - Dah Chong Hong Holdings Limited ("DCH") (HKSE: 1828) announced today that it will partner with its parent company, CITIC Pacific Limited ("CITIC Pacific"), a wholly-owned subsidiary of CITIC Limited, to establish an investment fund -- Tamar Alliance ("Tamar Alliance Fund" or "Fund"). The Tamar Alliance Fund seeks long term capital appreciation through investments in companies in the consumer or healthcare sector.

Sino Land pays record HK$1.38 billion for site in Ma On Shan

2017-07-21 scmp
Sino Land has won a residential land plot in Ma On Shan, in Hong Kong’s New Territories, for HK$1.38 billion, setting a new record for the area.

Alliance extends contract with Citic Pacific

Aviation services company Alliance Airlines has extended its provision of air charter services for CITIC Pacific Mining in the Pilbara region, having signed a new five year contract.  

Palmer in court for $US150m Citic royalty fight

Clive Palmer has dismissed the gathering of CITIC Pacific Mining employees outside the Supreme Court of Western Australia this morning, ahead of the start of the trial between his private company, Mineralogy, and Citic over royalties, as a ‘Chinese tactic’.

Clive Palmer in Perth Supreme Court over Pilbara port bid

A trial has begun in the West Australian Supreme Court over a royalty dispute between mining company Citic Pacific and Clive Palmer's Mineralogy.

Palmer in court for $US150m royalty fight with Citic

Clive Palmer has made an appearance in the Supreme Court of Western Australia for the start of the trial between his private company Mineralogy and estranged joint venture partner CITIC Pacific Mining over royalties at the Sino Iron magnetite project near Karratha.

VPower promotes ‘super-connector’ role on power projects along the new Silk Road routes

2017-06-05 scmp
Company already in talks to form a partnership with China’s oldest and largest conglomerate Citic Ltd to scout for projects in Southeast Asia

Minority shareholders urge securities watchdog to appeal Citic misconduct ruling

2017-04-27 scmp
Lawmaker James To Kun-sun has helped about 200 Citic small shareholders who suffered losses to seek redress

Clive Palmer goes quietly from politics

He's been big in every sense - in business, in politics, above all in his outrageous zest for life.

Hong Kong Tribunal Finds No Misconduct With Citic, Directors - Bloomberg

2017-04-10 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Dah Chong Hong seeks to remake business to reverse profit slump

2017-02-27 scmp
Hong Kong’s leading food retailer and importer of Bentley and Infiniti cars will depend on acquisitions, a rebalancing of its business and expansion into Southeast Asia to reverse its earnings slump, its chairman said.

At least 12 bidders for Ap Lei Chau residential site

2017-02-17 scmp
Located next to the major housing estate, South Horizons, site estimated to fetch as much as HK$11.4 billion

Pilbara project hit by $US1bn impairment

Iron ore miner Citic Pacific will cop a write down of up to $US1 billion on its Sino Iron magnetite operation in the Pilbara, less than a year after the facility completed commissioning.