STOCKHOLM -(Dow Jones)- Swedish private equity fund EQT Greater China II Monday said it has acquired a 30% stake in Chinese aluminum die casting manufacturer Modern Metals & Precision Holdings Ltd. through a new share issue.
The new funds will be used to expand current production and to establish a new plant in China, EQT said.
The company's co-founders, Duen Fung and C.T. Fung, will remain majority owners with a 70% stake after the share issue by the Chinese company.
Financial details weren't immediately available.
Established in 1969, Modern Metal & Precision Holding supplies highly- engineered aluminum die casting products to the global automotive, climate control and industrial automation markets in the U.S., Europe and Asia. It currently operates two plants in Dongguan, China, and is planning to build a new plant in China. Modern Metal had sales of approximately $75 million in the financial year that ended March 31, 2010.
EQT is partly owned by Swedish investment firm Investor AB (IVSBY).
investment casting,investment castings , Metal Castings , Aluminum casting,
2010年8月10日星期二
A Few Short Puns
What do you get when you drop a piano down a mine shaft? - A flat minor.
What do you get when you cross a snowman with a vampire - Frostbite.
What do Eskimos get from sitting on the ice too long? - Polaroids.
Why is a pig’s tail like getting up at three op’clock in the morning? - It’s twirly.
Did you hear about the Buddhist who refused his dentist’s Novocain during root canal work? - He wanted to transcend dental medication.
If you are American when you go into a toilet and you American when you come out of the toilet, what are you while you are in the toilet? - European, of course.
What do yu call an unemployed jester? - Nobody’s fool.
Two peanuts were walking down a sidewalk. One was assaulted…..
What’s a Hindu? - Lays eggs.
What is a bigamist? - An Italian fog.
The reprint please indicate comes from :【Spirit Thought Funny Jokes--Most greatly most entire funny joke collection !】
Plastic Box , Plastic Box , Plastic Waterproof Enclosure , Hand-held Enclosure , Plastic Enclosure , Din-rail Enclosure , Meter Enclosures , Die Cast Enclosure , Extruded Enclosures , Extrusion Enclosure , Desktop Enclosure , Rack Mount Chasis , Terminal Block , Accessories , Electrical Junction Boxes , Plastic Desktop Enclosure , Internet box , Metal Enclosure
What do you get when you cross a snowman with a vampire - Frostbite.
What do Eskimos get from sitting on the ice too long? - Polaroids.
Why is a pig’s tail like getting up at three op’clock in the morning? - It’s twirly.
Did you hear about the Buddhist who refused his dentist’s Novocain during root canal work? - He wanted to transcend dental medication.
If you are American when you go into a toilet and you American when you come out of the toilet, what are you while you are in the toilet? - European, of course.
What do yu call an unemployed jester? - Nobody’s fool.
Two peanuts were walking down a sidewalk. One was assaulted…..
What’s a Hindu? - Lays eggs.
What is a bigamist? - An Italian fog.
The reprint please indicate comes from :【Spirit Thought Funny Jokes--Most greatly most entire funny joke collection !】
Plastic Box , Plastic Box , Plastic Waterproof Enclosure , Hand-held Enclosure , Plastic Enclosure , Din-rail Enclosure , Meter Enclosures , Die Cast Enclosure , Extruded Enclosures , Extrusion Enclosure , Desktop Enclosure , Rack Mount Chasis , Terminal Block , Accessories , Electrical Junction Boxes , Plastic Desktop Enclosure , Internet box , Metal Enclosure
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