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Sino-Forest Initiates Sale Solicitation Process
TORONTO, March 30, 2012 /PRNewswire/ - Sino-Forest Corporation ("Sino-Forest"
or the "Company") (TSX:TRE) announced today that a sale solicitation
process (the "Sale Process") has been initiated with respect to the
assets and operations of the Company and its subsidiaries.
Houlihan Lokey, financial advisor to Sino-Forest has commenced
solicitation of interest from prospective strategic or financial
parties interested in participating in the Sale Process.
A notice of commencement of the Sale Process (the "Notice") will be
published in The Globe & Mail and The Wall Street Journal seeking
expressions of interest in connection with a potential sale of
substantially all of the assets of the Company. The Notice was ...
Wireless broadband and low-cost CDMA mobile phone business to promote the Latin American-CDMA, mobile phones, wireless broadband - Communications Indu
Recently announced the deployment of mobile broadband, international roaming services, cheap cell phones and CDMA450 commercial success, has become the promotion of CDMA2000 ® in Latin America and the Caribbean, a key factor in growth. CDMA2000 operators in the region, the number has increased to 62, more than 66 million subscribers. Of which 25 networks (about 40% of the total network) has been upgraded to EV-DO to provide high-speed mobile broadband services. Another 14 networks will be upgraded within a year, EV-DO. In the past year, the number of international roaming agreements in the region has increased by 10%, are now available for 50 dollars CDMA mobile phone Achieve more than a dozen models. 7 CDMA450 network into commercial opera ...
UNESCO Vote a Sign of Equatorial Guinea's Active Foreign Policy
Nation has been slowly raising its profile through engagement, humanitarian aid, exchanges
MALABO, Equatorial Guinea, March 13, 2012 /PRNewswire-USNewswire/ -- Last week's UNESCO vote to institute a $3 million prize for biological research sponsored by the government of Equatorial Guinea was a sign of that nation's increasingly active—and successful—foreign policy.
Equatorial Guinea offered to fund a prize to promote studies related to the most important health problems affecting Africa, such as malaria, tuberculosis, and AIDS, in 2008.
Sino-Forest Stay Period under Companies' Creditors Arrangement Act extended
TORONTO, April 16, 2012 /PRNewswire/ - Sino-Forest Corporation ("Sino-Forest"
or the "Company") announced today that the Ontario Superior Court of
Justice (Commercial List) (the "Court") has granted the request by the
Company for an extension of the stay period granted under the Companies' Creditors Arrangement Act (the "CCAA") to June 1, 2012.
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