There is a political storm raging in Turkey over the release of the leaders of a radical islamic Kurdish group from prison, VOA reports.
Called Hizbullah, the group is blamed for the torture and killing more than 100 people in its battle with the Kurdish separatist organization the PKK.
Posts Tagged ‘group’
Release of radical group’s leaders shocks Turkey
China Fishery Group posts 8% rise in 1Q net profit to $25m
Mainboard-listed industrial fishing company China Fishery Group says net profit rose 7.9% y-o-y to US$19.7 million ($25 million) for the first quarter of the financial year ending 28 September 2011 (1QFY2011).
Group revenue rose 13.4% to US$115.1 million from US$101.4 million in the same period last year.
InterContinental Hotels Group – Corporate moves
Tash Tobias has been appointed GM, InterContinental Singapore wef January 2011
Work experience: Hotel manager, InterContinental Asiana Saigon; regional director, Revenue Management, Australasia, InterContinental Hotels Group
United Engineers sells UE Print Media Hub for $51m
United Engineers says it has sold its industrial property, UE Print Media Hub, for $51 million.
UE Print Media Hub, located at 61 Tai Seng Avenue, is a five-storey modern industrial building with a basement carpark developed and constructed by the group.
It received its temporary occupation permit in June 2007 and has a net lettable area of about 254,752 sq ft across a site area of 131,577 sq ft.
UE says the sale of UE Print Media Hub is fully in line with the group’s ongoing strategy to streamline businesses and asset management. This is the second sale of an industrial property by the group in five years. In December 2006, the group sold off UE Tech Park, a warehouse complex at Pandan Crescent, for $115 million.
{jcomments on}
Windows Phone 7 Share Lags Windows Mobile: NPD Group
Microsoft’s Windows Phone 7 lagged behind its older Windows Mobile platform for the fourth quarter 2010, according to new data from the NPD Group. – Microsofts
Windows Phone 7 faces a steep uphill climb for consumer adoption, with the
latest numbers from research firm NPD Group suggesting the smartphone
platforms market share lags behind that of Windows Mobile, its older and
increasingly antiquated predecessor.
For the fourth
quarter of 2…
REA Group up on solar energy farm approval
Shares of Renewable Energy Asia Group (REA Group) (REAG.SI) rose as much as 4.8% on Tuesday after it said it had received approval to build a 10 megawatt (MW) solar energy farm from Inner Mongolia authorities.
At 11:38 a.m., REA Group shares were up 2.4% at $0.215 on a volume of 560,000 shares.
REA Group will invest around 190 million yuan ($36.8 million) in the solar energy farm. In addition, the firm will develop a 250 MW wind farm and a 25 MW bio-fuel plant in the Green Energy Park in Zhenglanqi, Inner Mongolia.
"The Chinese government is supportive of the renewable energy industry in terms of subsidizing and making sure that their pricing is favourable," said Ng Kian Teck, an investment analyst at SIAS Research.
"But the bulk of the solar energy farm will be outsourced to a specialized party as REA Group is predominantly in the wind energy segment," he added.
China is planning to pump in some 5 trillion yuan between 2011 and 2020 to promote the development of its renewable energy industries, REA Group said in a statement.
{jcomments on}
Sikh group to challenge diplomatic immunity for Kamal Nath
A Sikh community group says it will challenge any effort by the Indian government to get diplomatic immunity for Urban Development Minister Kamal Nath for his alleged role in the 1984 anti-Sikh riots. The issue of diplomatic immunity is decided by the court and the US Department of State can only give its recommendation, according [...]
Frenchman’s killers get 240 years in jail
A group of local football fans accused of subjecting a visiting French fan to a deadly beating in Belgrade in 2009 have been found guilty of murder. For this crime, a Belgrade court sent them to prison for a total of 240 years.
Q&M Dental Group rated ‘buy’ by CIMB
CIMB in a Jan 24 research report says: “Q&M is in a sweet spot with 37 clinics and two Dental Centres island-wide to tap the population’s dentistry needs, while its two Dental Centres yield higher revenue intensity.
“Investors have over the last six months taken over two healthcare groups (Parkway and Thomson Medical) at high premiums. Like Q&M, these names have strong brand equities, solid patient volumes, revenue & cash flows, and overseas ventures.
“Target price of 83 cents, based sum-of-the-parts valuation. Q&M offers investors value at 15x CY12 P/E (cheaper than peers) against our 3-year core earnings CAGR forecast of 30%. We like it for its strong recurring earnings in the domestic market and international expansion plans. BUY (initiating coverage).”
GRECO warns about financing of parties
The CoE Group of States against Corruption (GRECO) determined that there is almost no effective control over the financing of political parties in Serbia.
The group expressed hope that the new law on the financing of political parties will contribute to the solving of the problem.
Captors kill Colonel Imam in North Waziristan
PESHAWAR – Former Inter-Services Intelligence (ISI) officer Colonel Imam has been killed by the abductors in North Waziristan Agency, TheNation learnt reliably on Sunday.
Sultan Aamir Tarar, commonly known as Colonel Imam, along with two other colleagues including Khalid Khawaja, a former intelligence agency officer, and Asad Qureshi, a journalist, was kidnapped by a militant group almost 10 months back in March 2010 on the charges of spying, when they were travelling from Bannu to Waziristan.
Colonel Imam, who was also known as mentor of Taliban, had been picked up by the militant group, Asian Tigers, when he was on his way to Waziristan to meet Taliban leadership and make a documentary film in this regard.
Sometime back a video footage of Colonel Imam was released by the abductors in which, he was shown as saying that his life was in danger and he urged the government to fulfil his kidnappersÂ’ demand of freeing a number of prisoners held for terror activities.
Though the government authorities are yet to confirm the killing of Colonel Imam, the sources said that he was killed Sunday in North Waziristan Agency at an undisclosed location. It may be mentioned here that out of the other captured colleagues of Colonel Imam, Asad Qureshi, was released a few months back while Khalid Khawaja was also killed by the said organisation on April 30, 2010 and his body was thrown in the suburbs of Mir Ali, North Waziristan Agency.
The abductors are still keeping ImamÂ’s dead body. According to the sources, Imam was murdered for failing to pay the ransom money demanded by his kidnappers.
Staff Reporter from Islamabad adds: Family of Sultan Amir Tarar commonly known as Col Imam was not accepting condolences for not being confirmed of his death after reports that his captors killed him, said General (Retd) Hameed Gul.
Former ISI chief Gul told this scribe, “I went to his home for condolence but they were not accepting as yet.”
He was unable to either deny or confirm the reports of Imam’s death. “I have checked the root source of all the reports and that is only one. These sort of reports need to be confirmed by more than one source,” he said.
Talking about the reports that he might have passed away due to a heart attack, he said, “He had a heart problem but not that sever. We were told that he had run out of his medicines and that too were dispatched to him,” he added.
“Why I doubt his captors had killed him because he was a sort of insurance policy with them,” he said.
Recalling the story of his kidnapping, he said, initially so-called Asian Tigers group of some Usman Punjabi had taken him and his other companions into custody through a trap. Later on another group of Sabir Mansoor killed Usman Punjabi and others and took Imam in its custody. Eventually, Col Imam had gone to Hakimullah MahsudÂ’s custody after they had killed Mansoor and his group.
Of late, Gul said, Afghan Taliban, Mujahideen, and Haqanni group of North Waziristan were asking Mehsud to release Col Imam. According to former ISI chief, there were also reports that Mehsud had demanded release of his men arrested in connection with suicide attacks on GHQ and Parade Lane Mosque in Rawalpindi. There were also reports that they had demanded ransom money of Rs50 million.
Gul feared that in case the captors had killed him, they would face music as most of the Taliban both in Pakistan and Afghanistan consider Imam, as their mentor, and would not spare Mehsud. That is why he said there were also reports that Mehsud group was asking for guarantees that they would not be attacked if they release Imam.
The biggest question at present, he said, is why they are not releasing the dead body of Col Imam if they have killed him or he expired due to some heart attack.
“He was a great soldier, good Muslim, and basic character in development and training of Taliban in Afghanistan,” Gul remembered Imam. “Though he served as my subordinate but he was more like a friend to me,” he added. “He never missed collective prayer to my knowledge,” he recalled the days with Col Imam.
A retired Pakistan Army officer and special warfare operation specialist, Imam was a former member of the Special Service Group (SSG). Western media considered him “inactive” ISI intelligence officer who had served as former Pakistani Consul General at Herat, Afghanistan.
A veteran of Soviet war in Afghanistan, he is widely believed to have played a key role in the formation of the Taliban, after having helped train the Afghan Mujahidin on behalf of the United States in the 1980s.
According to Wikipedia, Colonel Imam, who was a commando-guerrilla warfare specialist, had trained Mullah Omar and other Taliban factions. Colonel Imam remained active in AfghanistanÂ’s civil war until 2001 US-led war on terrorism, and supported the Taliban publicly through media.
Imam was educated and a graduate of Pakistan Military Academy (PMA), Kakul; and Fort Bragg, North Carolina, USA. After his graduation from PMA, he joined the Pakistan ArmyÂ’s 15th Frontier Force Regiment as a 2nd Lieutenant. His unit was sent to United States in 1974, and was trained shoulder-to-shoulder among with United States Army Special Forces. Upon his graduation from the Special Forces School, he was awarded American Green Beret by his training commander. Following his return to Pakistan, Imam joined the Special Service Group (SSG). In 1980s, he had participated in Soviet war in Afghanistan, notably the Battle for Hill 3234. Colonel Imam increasingly involved in AfghanistanÂ’s politics even after the Soviet left the Afghanistan. After the Soviet-Afghan war, Colonel Imam had supported and trained Taliban fighters independently.
After the Soviet defeat and the collapse of communism, Colonel Imam was invited to the White House by the then president George Bush (senior), and was given a piece of the Berlin Wall with a brass plaque inscribed: “To the one who dealt the first blow.” Today, western intelligence agencies believe Imam is among a group of renegade officers from Pakistan’s ISI who continued to help the Taliban after Pakistan turned against them following the attacks of September 11, 2001.
During his career in Pakistan Army he had won three prestigious awards namely Sitara-e-Jurat, Tamgha-e-Basalat, and Sitara-i-Imtiaz(Military).
Gnjilane Group trial verdict on Friday
The War Crimes Chamber of the Belgrade District Court will deliver on Friday the verdict against nine members of the Gnjilane Group. The group operated as part of the ethnic Albanians so-called Kosovo Liberation Army (KLA).
UOL Group rated ‘buy’ by OCBC
OCBC Investment Research in a Jan 19 research report says: “UOL announced that it has successfully tendered for the Lion City Hotel Site and the adjoining Hollywood Theatre Site for $313 million. We estimate that this project has a net present value of $62 million or $0.08 per share.
Zhongmin Baihui Retail Group says all 30m new shares placed out at 30 cents each
Zhongmin Baihui Retail Group says all 30 million new shares were placed out at 30 cents each at its IPO. This represents 15.3% of Zhongmin Baihui’s enlarged issued share capital post-IPO.
The company owns and operates one of the largest underground shopping malls in Xiamen, Fujian province. The company also manages six other department stores in Quanzhou and Zhangzhou cities in the same province.
Knightley sang to get over split
British actress Keira Knightley sang away her blues following her split from longtime boyfriend Rupert Friend by hitting a karaoke bar with Sienna Miller and a group of pals. The couple, who met on the sets of 2005 movie “Pride & Prejudice”, decided to end their five-year relationship shortly before Christmas, according to the actress’ [...]
Renewable Energy Asia Group rated ‘buy’ by DMG
DMG & Partners Securities in a Jan 14 research report says: “Renewable Energy Asia Group (REAG) has secured another concession to develop a 49.5MW wind farm with its JV partner, China Datang Corporation Renewable Power Co (China Datang). The wind farm will be located in Binhai New Area, Jiangsu Province, China.
Noble Group loses more traders – market sources
At least two more traders have left Singapore-listed Noble Group (NOBG.SI) from its London energy desk this year, oil trading sources said on Friday.
Noble did not respond to a request for comment.
Renewable Energy Asia Group to co-develop wind farm in Haimen City with China Datang
Renewable Energy Asia Group says it has secured a concession to develop a 49.5-megawatt (MW) wind farm in Binhai New Area, in Jiangsu Province, China.
The concession, awarded by Haimen City, is part of the Jiangsu government’s plans to develop Haimen’s wind energy resources and equipment technology.
Under the terms of the concession, the Jiangsu government will provide the land resources and infrastructure for the wind farm project, while REA Group, together with joint-venture partner, China Datang Corporation Renewable Power Co., Limited, will be responsible for the construction and subsequent maintenance of the wind farm. REA Group will have 49% stake in the wind farm while China Datang will have 51%.
Zhongmin Baihui Retail Group to raise $9m from Catalist IPO
Zhongmin Baihui Retail Group, the Fujian-based departmental store operator, has launched its initial public offering (IPO) on the Catalist board.
The group will raise $9 million in gross proceeds through the offering, comprising 30 million new shares at 30 cents each. The shares are offered by way of placement. The new shares to be issued represent 15.3% of Zhongmin Baihui’s enlarged issued share capital after the IPO.



