A heated dispute in China: U.S. boiler maker fights partner over company patents

Article Abstract:

US boiler maker Slant/Fin Corp has filed charges against Da Wei Zhang in New York and China for allegedly improperly obtaining company patents and trademarks. It also lodged another administrative case in China against Zhang for counterfeiting its boilers. The relationship between Slant/Fin and Zhang began in 1996 when the latter proposed a joint venture that will sell boilers to the Chinese market. Through Zhang, the company sold 100 boilers in the first year of the venture worth $1 million and which comprised 2.5% of Slant/Fin's total sales for the period. The case reflects the growing prominence of disputes over intellectual property rights, as China works toward garnering US support for its World Trade Organization membership.

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing, Electrical equipment & supplies, not elsewhere classified, Licenses, Patents & Trademarks, Electric Heating Boilers, Cases, Intellectual property, Patents, Boilers, Intellectual property (International law), Electric boilers, Boiler-makers, Boiler makers, Slant/Fin Corp.

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Citic Pacific's downturn may make shares attractive

Article Abstract:

Some financial analysts are optimistic of Citic Pacific Ltd's holdings despite the current financial crisis of the diversified company. Citic Pacific's stocks are traded at a discount to net asset value, shares closed at 14.40 Hong Kong dollars. Company debts total almost $2.97 bil and the firm's net earnings for 1997 was posted at 7.4 bil Hong Kong dollars. Earnings for 1998 are projected to be at 4 bil Hong Kong dollars. Investors and analysts, however, feel that some of the conglomerate's holdings in the infrastructure sector would still see growth.

Diversified Companies, Conglomerate corporations, Securities, Citic Pacific Ltd.

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Mining prize assets from Asia's rubble is noble effort

Article Abstract:

Trading and shipping firm Noble Group Ltd's chairman, Richard Elman, is considering acquisition deals even as the company's stock has dropped to a quarter of its listing in the face of the Asian economic crisis. The company, unlike numeorus firms caught in the upheaval, holds no long-term debt and has almost $40 mil in cash. Elman is studying purchasing interests in Thai steel mills and Chinese building material plants.

Foreign Trade Companies NEC, Other Miscellaneous Nondurable Goods Wholesalers, WHOLESALE TRADE--DURABLE GOODS, Planning, Trading companies, Hong Kong, Noble Group Ltd.

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