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No body support the rumour or this news? Maybe a really good counter to look at now.. though it's already +30 to +40 cts since i vested once i saw the news.......
however, other counters are also chionging to their week high or intra day highs.... like YZJ, GAR, SYNEAR, SGX (drop last min today) and Ect....
So.. i really hope that CHINA QDlls counterparts will like CoscoCorp idea and PUMP millions or even billions into this company and i will laugh all the way to the bank... huat ar... Happy weekend to all and hope tonight Dow jones be able to in green green zone.....
cheers
Ok.... confident tat china will support this ...... vested.. though market not in green... chiong ar.....
cheers
27 Mar 2008 10:04 CST DJ Cosco To Begin China Investor Roadshows For QDIIs Friday
SINGAPORE (Dow Jones)--Singapore-listed shipbuilder Cosco Corp. (F83.SG) will kick off roadshows in China Friday to seek investment from Qualified Domestic Institutional Investors, a senior company official said Thursday.
"The roadshows will start in Shanghai tomorrow," Cosco President Ji Hai Sheng told Dow Jones Newswires.
He added that the company will brief the 60 QDIIs expected to attend the event about Cosco and its strategy, including its plans to expand its shipyards to build more oil rigs.
The company had an order book of $6.9 billion as of Dec. 31.
The QDII program allows Chinese investors to invest outside the mainland in a wide range of assets, including stocks and other securities.
"Last week we were in London for roadshows and the response (from QDIIs) was very positive," Ji said.
Apart from Shanghai, Cosco plans to hold roadshows in Beijing and Shenzhen.
-By P.R. Venkat, Dow Jones Newswires; +65 64154 152; venkat.pr@-dowjones.com
(END) Dow Jones Newswires
