Taiwan's Far Eastern Seeks Shanghai Listing
Far Eastern Department Stores, a subsidiary of Taiwan-based Far Eastern Group, has announced plans to issue shares in Shanghai to finance expansion and lower outstanding debt.
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Wugudaochang To Resume Production In August
According to COFCO, the restructuring of its newly acquired instant noodle company Wugudaochang is basically completed and its Beijing plant is expected to resume production in August 2009.