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| ISSUE 96 - Apr 2012 |
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Rainbow group looking for listing
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Posted: 9/2/2011 3:36:26 PM
The Rainbow Group is looking to raise up to HK$1.56 billion in a listing on the Hong Kong Stock Exchange.
According to The Standard, the company will have its listing hearing in the middle of the month.
The Rainbow Group is Macau’s largest distributor of high-end brand products in Macau, holding exclusive dealerships for more than 10 brands in Macau – including Emporio Armani, Cartier, Ermenegildo Zegna and Burberry.
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| Other Macau Latest News |
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| Rashid Suliman will be responsible for the sales of the company’s products in Macau |
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| The exhibit will last until September 16 |
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| Around 50 Melco Crown employees have joined forces to form two teams |
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| Wage increases outpace the inflation rate |
| Headlines |
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| Casinos will have to divide their floor into smoking and non-smoking areas starting next year |
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| The average transaction price of all residential units sold in the first three months of 2012 reaches a new all-time high |
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| The company’s president and CEO has had his contract extended until August next year |
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| Gov’t authorisation is “just a formality”, English-language newspaper Business Daily reports |
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| US |
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| DJIA |
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| Nasdaq |
2,847.21 |
+68.42 |
| S&P 500 |
1,315.99 |
+20.77 |
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| Europe |
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| DJ Stoxx 50 |
2,150.16 |
+5.47 |
| DAX |
6,331.04 |
+59.82 |
| FTSE 100 |
5,304.48 |
-33.90 |
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| Asia |
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| Nikkei 225 |
8,718.59 |
+84.7 |
| Hang Seng |
19,098.92 |
+176.60 |
| STRAITS TIMES INDEX |
2,820.00 |
+29.84 |
| S&P/ASX 200 |
4,105.90 |
+32.300 |
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| 2012-5-22 |  | | 24°C ~ 28°C |
| | 2012-5-23 |  | | 24°C ~ 29°C |
| | 2012-5-24 |  | | 24°C ~ 29°C |
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