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BUSINESS IN ASIA TODAY - NOV 27, 2006.

Publication: AsiaPulse News

Publication Date: 27-NOV-06
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COPYRIGHT 2006 Asia Pulse Pty Ltd

Business in Asia on November 27, 2006. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:

MARUBENI WINS ORDER FOR VIETNAMESE PULP FACILITY

SINGAPORE - Marubeni Corp. (TSE:8002) has been awarded a roughly Y15 billion yen ($US129.85 million) order to build a paper pulp plant in Vietnam by leading local firm An Hoa Paper Joint Stock Co. The plant will come onstream in two years in Son Duong, some 150km to the northeast of the capital city of Hanoi. It will produce bleached kraft paper and have an annual output capacity of 130,000 tons. Marubeni will be responsible for design, materials procurement, equipment installation, technical training and other operations. It plans to use production equipment from Finland and peripheral devices made in China.

GAS PETROLIMEX LISTS ON HO CHI MINH CITY BOURSE

HANOI - The Gas Petrolimex Joint Stock Company has become the first gas business to be listed on the Ho Chi Minh City bourse, with 101,830 shares traded during its first session on Nov. 24. The company has chartered capital of VND200 billion (US$12.5 million), up from...

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