Cempaka Business and Economy: China's ICBC says will buy Indonesian bank

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Monday, January 01, 2007

China's ICBC says will buy Indonesian bank

January 01, 2007, The Jakarta Post

BEIJING (AP): The Industrial and Commercial Bank of China, which had the largest-ever IPO in October, said Monday it had agreed to acquire the small Bank Halim of Indonesia in its first such overseas purchase.

ICBC said it would buy 90 percent of Bank Halim, with an option to buy the remaining 10 percent from shareholders in three years. No value of the deal was given.

"It is the first time that ICBC has taken over a foreign bank ... and should give the bank experience to expand into international financial markets," ICBC said on its website.

ICBC made history in October by making the first ever simultaneous Hong Kong and Shanghai listing and raising US$21.2 billion in the world's largest IPO, surpassing the record $18.4 billion raised by the NTT DoCoMo Inc. IPO in 1998.

The Bank Halim deal still has to be approved by regulatory authorities in both countries.

The privately held Bank Halim is based in Surabaya, on Indonesia's main island of Java, and with assets of $50 million is much smaller than ICBC, which has its headquarters in Beijing.

The Chinese bank, which is the largest company by capitalization on China's stock markets, said that by the end of June it had total assets of more than 7 trillion yuan ($897 billion), with more than 2.5 million corporate and 150 million individual clients.

Despite a history of bad loans and poor management, investors snapped up ICBC's IPO and have bought its shares since, seeing it as a good way to profit off of the country's roaring economic growth.

ICBC's share price has risen steadily since the listing, and then jumped 30 percent in the last week of the year.

It was the third of China's so-called Big Four banks to list sell overseas IPOs. China Construction Bank Corp. was the first in 2005 when it listed a $9.2 billion. Bank of China Ltd. followed in June with a US$11.2 billion offering.

Related acticle: ICBC shares soar after record IPO

Cempaka Business and Economy

Pages

Monday, January 01, 2007

China's ICBC says will buy Indonesian bank

No comments:

The Jakarta Post: Review/Outlook 2010