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16 September 2005

Hisense in Kelon take-away

HISENSE Air Conditioner Co has bid $111m for the 262 million shares owned by Greencool in fellow Chinese manufacturer, the troubled, Kelon. Guangdong Greencool is Kelon's largest shareholder with a 26.43% stake.
Last month, Kelon's chairman Gu Chujun, and four other Kelon executives were detained by Chinesauthorities on suspicion of committing 'economic crimes'. Kelon subsequently fired Mr Gu whom securities regulators said they suspected of overstating the company's profit since 2002. Gu owns 60% of Guangdong Greencool.

World Refrigeration Day

Industry has embraced the inaugural World Refrigeration Day (WRD) with events happening all over the world....

  25-Jun-2019

Vaisala probes facilitate roll-out of environmentally friendly refrigeration

Supermarkets all over Australia and New Zealand are benefiting from advanced CO2 monitors as new natural refrigeration systems are installed in the fight against climate change....

  15-Nov-2019

Fridge Freezer Direct Introduces J & E Hall's range of Cellar Cooling

Reliable and energy efficient, the JCC range of cellar coolers are designed to be used in wine and beer cellars above or below ground.
  18-Nov-2019
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