Fil de presse Canada-Asie
A daily summary of Canada-Asia business and government news including top headlines from the region. Following a story? Search the archives.
Fireswirl and GSI Commerce Announce Partnership to Expand Footprint in China
Fireswirl Technologies Inc., a Vancouver-based integrated technology and service platform provider, announced its partnership with GSI Commerce of Pennsylvania, US, which will enable GSI’s ecommerce services in China. GSI’s ecommerce services include technology, order management, payment processing, fulfillment and customer care. Fireswirl is focused on creating transactional revenue by engineering electronic and mobile commerce solutions for content providers. It offers end-to-end services that help brands operate online stores in China, including flagship stores in Taobao Mall.
International PBX Signs Joint Venture Option Agreement with Oz Minerals of Australia
Vancouver-based International PBX Ventures Ltd. announced that it has signed a definitive joint venture option agreement with Oz Exploration Chile Limitada, a wholly owned subsidiary of Oz Minerals Limited of Australia, for PBX’s Copaquire copper molybdenum property in northern Chile. The terms of the agreement allow Oz Minerals to earn a 90% interest in Copaquire. International PBX Ventures Ltd. engages in the acquisition, exploration and development of mineral properties in Chile, including copper, molybdenum and gold deposits.
Government of Alberta Organizing Pavilion at Petrotech 2012 in India
The Government of Alberta is organizing a pavilion at Petrotech 2012, an international oil and gas conference and exhibition in New Delhi, India, from October 14-17, 2012. Canadian companies in the hydrocarbon industry will be able to explore business opportunities in the Indian energy market. Industry experts will share experiences and discuss various strategies and policies for international cooperation, technological development and joint ventures in downstream, midstream and upstream areas. For more information, see http://www.international.gc.ca/canadexport/articles/120518c.aspx?view=d.
Fairbridge Capital Signs Agreement to Acquire Thomas Cook of India
Fairfax Financial Holdings Limited of Toronto announced that it has, through its wholly-owned subsidiary, Fairbridge Capital, formed an agreement with UK-based Thomas Cook Group PLC to buy a 77% interest in Thomas Cook (India) Limited for a total amount of approximately US$150 million. The transaction is still subject to certain conditions, which include Thomas Cook shareholders’ approval and approval in India. Thomas Cook is an international leisure travel group. Fairfax Financial is a financial services holding company is engaged in property and casualty insurance and reinsurance and investment management. Fairbridge Capital is an investment company engaged in long-term investments and acquisitions in the Indian region.
Mediterranean Resources Signs LOI to Acquire Shares of Golden Touch Resources Australia
Vancouver-based Mediterranean Resources Ltd. announced that it has signed a Letter of Intent (LOI) with Golden Touch Resources Corp., also based in Vancouver, to acquire all of the issued and outstanding shares of its wholly owned subsidiary, Golden Touch Resources Australia Pty Ltd. Golden Touch Australia is the parent company of JAB Resources Ltd., which holds all of Golden Touch’s exploration properties in Albania. Mediterranean Resources Ltd.’s main focus is mining in Turkey.
