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COPYRIGHT 2001 PR Newswire Association LLC
SYDNEY, Australia, /PRNewswire/ --
A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
HITACHI, HK FIRM TO FORM B2B E-COMMERCE ACCESS JV
TOKYO - Hitachi Ltd. (TSE:6501) will tie up with Hong Kong-based network service firm ICC Asia Ltd to establish a joint venture that provides Internet access to multiple B2B (business-to-business) e-commerce markets, the Japanese consumer electronics manufacturer said Wednesday. The new venture, Equinox Solutions Ltd., will be launched in July with start-up capital of 3 billion yen (US$24.92 million). Hitachi will take a 34 per cent stake, with the remaining 66 per cent stake owned by ICC. Equinox Solutions will begin offering the service next January, initially to electronic and automobile parts suppliers in the domestic market and later expanding to the rest of Asia, the U.S. and Europe.
AUSTRALIA'S HOMESTAKE ACQUIRES COWAL GOLD PROJECT
SYDNEY - Homestake Mining Co (ASX:HSM) has reached agreement with Rio Tinto subsidiary North Gold Ltd to take a 100 per cent interest in the Cowal Gold Project...
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