China Communications Construction Company (M) Sdn Bhd - Cccc [22], CCCC is a "blue chip" stock (part of the CSI 300 Index). The date of annual examination for this private company limited is between Apr 11 and May 23 upon the anniversary of incorporation. Chinese Construction Company Will Acquire Canada's Aecon - Bisnow Companies like CCCC International Holding Ltd. include CM TRADING, Zhongshan Broad-Ocean Motor, and Yuanta Securities. Send this company's contact details to us and we will update the information as soon as possible. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. ), (On this day, 55 Hong Kong companies were registered! With more than 118,000 employees, CCCC is a public company listed on both the Hong Kong Stock Exchange (1800.HK) and Shanghai Stock Exchange (601800.SH). Canada accused China on Tuesday of hacking into the computers of its research and development arm, which partners with thousands of Canadians firms each year to roll out new technologies. In 2002, the first of four phases of Yangshan Deep-Water Port project kicked off, with a land area of 1.11 million square meters and a dredging volume of 14.24 million cubic meters. CCCC International Holding Limited entered into a binding agreement to [1] In 2018, Bangladesh banned the China Harbour Engineering Company, a CCCC subsidiary, after attempted corruption to win a highway tender. CCCC International Holding Ltd. acquires Aecon on 2017-10-26 for $1200000000. CCCC International Holding Limited's Competitors, Revenue - Owler [8][9][10], CCCC is active in dredging projects in areas under dispute in the South China Sea, highway-building in Xinjiang, and building naval logistics installations at Gwadar Port. The real value of Aecon is much much more than what the chineese are offering. In 2002, the first of four phases of Yangshan Deep-Water Port project kicked off, with a land area of 1.11 million square meters and a dredging volume of 14.24 . Solutions. April 15, 2018 +852 2359 8888 CCCC International Holding Mergers and Acquisitions Summary CCCC International has. Discover our services Discover CCCC The date of annual examination for this private company limited is between Apr 11 and May 22 upon the anniversary of incorporation. DATE TARGET DEAL TYPE VALUE . Monitor your investments 24 hours a day, around the clock from around the globe. Products. The purchase price represents a 42 per cent premium to Aecon's unaffected . Chinese construction firm CCCI to buy Canada's Aecon for $1.5B Founded by Adam Clark in 1877, Aecon Group Inc. has grown into one of Canadas largest construction and infrastructure development companies, employing over 12,000 people across the country. China Communications construction company Ltd. CCCC International Holding (China Communications Construction Company) is principally engaged in the design and construction of transportation infrastructure, dredging, and heavy machinery business. CCCC International Holding Limited (CCCI) is a wholly owned subsidiary of China Communications Construction Company Limited (CCCC), one of the world's largest infrastructure companies. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. The offer requires the approval of two-thirds of the votes cast at a special meeting of Aecon shareholders as well as government and regulatory approvals under the Investment Canada Act, the Canadian Competition Act and authorities in China. Box 500 Station A Toronto, ON Canada, M5W 1E6. U.S. President Donald Trump on Wednesday blocked a Chinese government-financed firm's acquisition of an Oregon semiconductor maker on national security grounds. Ottawa's Aecon decision is another blow to the relationship. Canada and China had been seeking closer economic ties. CCCC INTERNATIONAL HOLDING LIMITED was incorporated on 1989-04-11 as a Private company limited by shares registered in Hong Kong. Markets never sleep, and neither does Bloomberg News. The Toronto-listed group, Canadas third-largest construction contractor by revenue last year, helped build the citys landmark CN Tower and the Vancouver Sky Train. Resources. Basic company information of CCCC INTERNATIONAL HOLDING LIMITED, Hong Kong, With CCCC INTERNATIONAL HOLDING LIMI Hong Kong. Large-scale Chinese investment in Canada is a relatively recent phenomenon and remains small compared to United States and other foreign sources. [18][19] In November 2020, Donald Trump issued an executive order prohibiting any American company or individuals from owning shares in companies, including CCCC, that the U.S. Department of Defense has listed as having links to the People's Liberation Army. You can read more about your. CCCC International Holding Ltd. - Crunchbase Investor Profile Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. CCCC INTERNATIONAL HOLDING LIMITED Company Profile - Dun & Bradstreet Investments Number of Investments 2 CCCC International Holding Ltd. - Crunchbase On October 26, 2017, Aecon Group Inc. ("Aecon") and CCCC International Holding Limited ("CCCI") announced that they have entered into a definitive agreement under which CCCI will acquire all of the issued and outstanding common shares of Aecon for $20.37 per share in cash, representing an enterprise value of $1.51 billion. CCCC International Holding Ltd. is a subsidiary of China Communications Construction Co.. CCCC was the rst large state-owned transportation infrastructure group entering the overseas capital market (CCCC International). Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. CCCC International Holding Ltd. is a subsidiary of China Communications Construction Co.. CCCC was the "rst large state-owned transportation infrastructure group entering the overseas capital market" (CCCC International). But after a national security review of the purchase under the Investment Canada Act, Prime Minister Justin Trudeau's government blocked the deal. It's company registration number is: 0248473. Registration No. Submitters are 7x more likely to receive a qualified connection. It happens in rare cases due to the company's pending arbitration in court or due to recent deregistration filing, thus the information becomes inaccessible in the database even if the company registration number exists). In rare cases of reports of unavailability, we will refund you instantly. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Number of Articles 3. CCCC International Holding has 4 strategic partners and customers. Edit Lists Featuring This Company Section, WISeKey Zero Trust Solution Helps WISeID.com Users Prevent Pegasus Malware That Infects iPhones And Androids Devices, WISeKey Introduces WISeID Cloud Storage Service, Investors Active in Asia-Pacific (APAC) (Top 10K). Aecon acquired by Chinese construction giant CCCI May 21, 2018 May 24, 2018 Summary Investments People Signals & News Similar Companies. | May 13, 2023 CCCC International Holding Limited entered into a binding agreement to acquire Group Pty Ltd from Leighton Holdings Limited for approximately AUD 950 million on December 11, 2014. browse more information on 996co.com. Evan Bai - General Manager - CCCI Finance - CCCC INTERNATIONAL HOLDING CCCC has been a contractor for numerous Belt and Road Initiative projects. CCCC INTERNATIONAL HOLDING LIMITED is a Hong Kong company, incorporated on Tuesday - April 11, 1989, as of today, the company has been operating for 34 years, 2 months, 7 days, CCCC INTERNATIONAL HOLDING LIMITED located on 1 HARBOUR RD, Hong Kong. ), (On this day, 504 Hong Kong companies were registered! Wan Chai, 0248473 Company Name CCCC International Holding Ltd., a subsidiary of China Communications Construction Company Ltd., announced a friendly deal in October to buy the company for $20.37 per share in cash.. [11][12][13][14] In August 2020, the United States Department of Commerce placed several CCCC subsidiaries on the Bureau of Industry and Security's Entity List for their construction work to militarize artificial islands in the South China Sea. - Toronto-based Aecon Group agreed to be acquired by CCCC International Holding Limited (CCCI), the overseas investment platform of state-owned China Communications Construction Company Limited (CCCC), at a 42 percent premium to Aecon's share price on August 24, according to a statement by the Canadian firm. CCCC's predecessors can be traced back to the Qing Dynasty, when the Junpu Engineering Bureau was established in 1905. CCCC International, also known as CCCI, is the overseas investment and financing arm of China Communications Construction Company Ltd., one of the world's largest engineering and construction groups. Such deal, if realized, would be the single largest Chinese investment in the Transportation and Construction sector in Canada, according to data collected by the China Institutes investment tracker. China Communications Construction Company Limited ("CCCC" or the "Company"), initiated and founded by China Communications Construction Group ("CCCG"), was incorporated on 8 October 2006. On September 16, 2014, under the witness of President Xi Jinping and the then President of Sri Lanka Mahinda Rajapaksa, CCCC and the Ministry of Ports and shipping of Sri Lanka formally signed a concession agreement. Aecon will continue to be headquartered in Canada while CCCI's size and financial strength will help it bid for larger and more complex projects, the companies said. ), (On this day, 458 Hong Kong companies were registered! Companies CCCC INTERNATIONAL HOLDING LIMITED Company Registration No. Please allow us sometime. . CCCC INTERNATIONAL HOLDING LIMITED () is a Hong Kong company incorporated on 11 April 1989. Wan Chai, Hong Kong Island, Hong Kong 26,909 Highlights Acquisitions 1 Investments 2 Exits 1 Similar Companies 3 Details Headquarters Regions Asia-Pacific (APAC) Operating Status Active Number of Exits 1 Aecon will continue to use its brand name in Canada and will retain its Canada-based employees and management team, the company said. By continuing to use this site you are consenting to these choices. China's acquisitions of Canadian technology firms Norsat and ITF Technologies, as well as a stake in a retirement home chain, had also raised eyebrowsbut were approved by Ottawa. Join Mergr and gain access to CCCC International Holdings M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the financial services sector. Resources. Key Principal: QIANG LI See more contacts Industry: Other Investment Pools and Funds , Funds, Trusts, and Other Financial Vehicles , Finance and Insurance , Investment offices, nec "This transaction is the result of an active and diligent sale process that has enabled us to select an outstanding partner and create significant shareholder value.". June 27, 2017 While clearly defined review processes will continue to be needed for large foreign investment by SOEs and transactions that may raise security concerns, it is in Canadas interest to be open to foreign investment in a wide range of sectors from diverse source countries, including China, given the weak economic growth and uncertainly regarding future trade with the US. Aecon helped build Toronto's iconic CN Tower and Vancouver's Sky Train, and has significant roles in critical infrastructure projects including the refurbishment of nuclear plants and construction of a massive hydroelectric dam in British Columbia. CCCC INTERNATIONAL HOLDING LIMITED University of Sydney About Experienced Deputy General Manager Of Finance with a demonstrated history of working in the investment management industry. CCCC INTERNATIONAL HOLDING LIMITED | Hong Kong Companies Directory Use the CB Insights Platform to explore CCCC International Holding's full profile. "Aecon has a strong management team and a very impressive track record that have made it a leading construction company in Canada and a pioneer in public private partnerships and concession operations," CCCI president Lu Jianzhong said. There are 892 companies in the CCCC INTERNATIONAL HOLDING LIMITED corporate family. Chrome Extension. May 5, 2018 CCCC International Holding Ltd - Company Profile and News The deal is still in its early stages, and would need to undergo a government review under the Investment Canada Act. According to CBC, The World Bank banned it from bidding on construction projects for eight years until this past January because of a bid-rigging scandal in the Philippines (2017). With more than 118,000 employees, CCCC is a public company listed on both the Ho Read More View Company Info for Free Who is Ccci Headquarters May 20, 2018 CCCI is the overseas investment and financing arm and a wholly-owned subsidiary of China Communications Construction Company Limited (CCCC), one of the worlds largest engineering and construction groups. CCCC INTERNATIONAL HOLDING LIMITED2012-06-08 . No.85 Deshengmenwai Street Xicheng District. Start Free Trial . China Communications Construction Company, Ltd. ( CCCC) is a majority state-owned, publicly traded, multinational engineering and construction company primarily engaged in the design, construction and operation of infrastructure assets, including highways, bridges, tunnels, railways (especially high-speed rail ), subways, airports, oil platforms. Since it acquired the latter for $879 million, CCCC has been expanding the business of the Melbourne-based firm into property development. CCCC INTERNATIONAL HOLDING LIMITED - Hong Kong - Companiesfacts.com CCCC International Holding has acquired in 1 US state, and 2 countries. Pricing. company type is Private company limited by shares. The transaction still requires regulatory approval in both countries. ), (On this day, 464 Hong Kong companies were registered! April 30, 2018 Your email address will not be published. Copyright 2023 CB Information Services, Inc. All rights reserved. Filed Under: Outbound Investment Tagged With: AECOM, CCCC, China Communications Construction Company, daily-sp, highlight, infrastructure. Canada welcomes Chinese investment, minister tells Beijing conference, CBC's Journalistic Standards and Practices. site you are consenting to these choices. Asia real estate and outbound investment news, Aecons John Beck is selling his firm to a Chinese state-owned giant. Toronto-based Aecon Group agreed to be acquired by CCCC International Holding Limited (CCCI), the overseas investment platform of state-owned China Communications Construction Company Limited (CCCC), at a 42 percent premium to Aecons share price on August 24, according to a statement by the Canadian firm.