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<channel>
	<title>BVI Company News</title>
	<link>http://bvi-company-news.offshore-journals.com</link>
	<description>Financial results &#038; statistics, interesting projects, latest acquisitions and achievements made by BVI companies worldwide.</description>
	<pubDate>Tue, 26 Aug 2008 15:48:01 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.2</generator>
	<language>en</language>
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		<title>BVI-controlled Youpublish.com launches self-publishing website</title>
		<link>http://bvi-company-news.offshore-journals.com/bvi-controlled-youpublishcom-launches-self-publishing-website/236/</link>
		<comments>http://bvi-company-news.offshore-journals.com/bvi-controlled-youpublishcom-launches-self-publishing-website/236/#comments</comments>
		<pubDate>Mon, 25 Aug 2008 14:20:50 +0000</pubDate>
		<dc:creator>&#60;ADMINNICENAME&#62;</dc:creator>
		
		<category><![CDATA[BVI Holding Companies]]></category>

		<category><![CDATA[BVI company investments]]></category>

		<guid isPermaLink="false">http://bvi-company-news.offshore-journals.com/bvi-controlled-youpublishcom-launches-self-publishing-website/236/</guid>
		<description><![CDATA[Youpublish.com, a company owned by the BVI Holding called ITCCYL Ltd., and led by Utah businessman Roice Krueger, has launched a Web site that allows anyone to publish a book online, or upload videos, music, photos or any other digital products.
In May this year, the company opened a retail shop that allowed to think that [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Youpublish.com, a company owned by the BVI Holding called ITCCYL Ltd.</strong>, and led by Utah businessman Roice Krueger, has <strong>launched a Web site that allows anyone to publish a book online, or upload videos, music, photos or any other digital products.</strong></p>
<p>In May this year, the company opened a retail shop that allowed to think that it is going to compete with the likes of Amazon.com, but not the BVI-controlled company launched a distinctive  feature – the ability to publish any digital file at no cost to the creator, who will retain copyrights, and has the option to distribute his products for free or set a price and receive 50% of any sales revenue.</p>
<p>Self-publishing is available from a number of companies and their websites, including also <a href="http://finance.yahoo.com/q?s=AMZN" title="Amazon.com">Amazon</a>. This company sees as one of its advantages the ability for the self-publishers to get to the huge marketing machine – Amazon.com, and it keeps 20% of the sale price of a book when it is sold through its e-stores, or 40% when sold through Amazon.com, plus takes a fixed fee for printing charges.</p>
<p>Youpublish.com hopes to receive its dividends from publishing online any digital materials, and by providing the 50% commission to the creator. The customers can create their own online libraries and leave their comments about the quality of the works, for other readers to see them.</p>
<p>The site of Youpublish.com is still evolving, and the founders are holing to improve the search engine and add more social networking feature and perhaps on-demand printing. The site is even planning to include the ability for a group of people to come together and write a book.</p>
<p>The company, owned by the BVI consortium, has no central office and is run with independent consultants. Web developers out of an office in Salt Lake City, and two marketing-support people  are working in Los Angeles.</p>
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		<title>Euro Tech Holdings announces another contract of its associated company</title>
		<link>http://bvi-company-news.offshore-journals.com/euro-tech-holdings-announces-another-contract-of-its-associated-company/235/</link>
		<comments>http://bvi-company-news.offshore-journals.com/euro-tech-holdings-announces-another-contract-of-its-associated-company/235/#comments</comments>
		<pubDate>Sun, 17 Aug 2008 21:52:02 +0000</pubDate>
		<dc:creator>&#60;ADMINNICENAME&#62;</dc:creator>
		
		<category><![CDATA[BVI Company Contracts]]></category>

		<category><![CDATA[Agreements and Contracts concluded]]></category>

		<category><![CDATA[BVI IBC Business News]]></category>

		<guid isPermaLink="false">http://bvi-company-news.offshore-journals.com/euro-tech-holdings-announces-another-contract-of-its-associated-company/235/</guid>
		<description><![CDATA[BVI-registered and Hong Kong-based EuroTech Holdings Company Limited announced on August 11 that its associated company, Zhejiang Tianlan Desulfurization and Dust-Removal Co. Ltd. in Zhejiang, China, which was founded in 2000, has received four contracts with various companies in China. The contracts on total amount of US$8.3mln cover design, manufacture, supply and commissioning of desulfurization [...]]]></description>
			<content:encoded><![CDATA[<p><strong><a href="http://bvi-companies.blogspot.com/2008/01/eurotech-holdings-company-limited.html" title="BVI incorporated EuroTech Holdings Company Ltd">BVI-registered and Hong Kong-based EuroTech Holdings Company Limited</a></strong> announced on August 11 that its associated company, Zhejiang Tianlan Desulfurization and Dust-Removal Co. Ltd. in Zhejiang, China, which was founded in 2000, has received <strong>four contracts with various companies in China. The contracts on total amount of US$8.3mln</strong> cover design, manufacture, supply and commissioning of desulfurization equipment for boilers, for applications in paper, heat and power plants in Shandong, Fujian, Zhejiang and Guangdong.</p>
<p>It is not the first contract, “gradually being materialized in the second half of 2008”, by words of Mr. T.C. Leung, Chairman and CEO of the BVI company. <strong>Recently <a href="http://bvi-company-financials.bviincorporation.com/52/euro-tech-holdings-reports-contracts-awarded-to-its-subsidiaries/" title="BVI registered Euro Tech Holdings Company announced contracts">Euro Tech Holding Company (BVI)  announced</a></strong> that its wholly-owned and majority-owned subsidiaries have been <strong>awarded contracts</strong> from  Yang Cheng power generation company and US chemical company, <strong>worth US$1.9 mln and US$1.6 mln</strong> respectively.</p>
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		<title>Big Stick Media Corporation signs licensing agreement with BVI company operating in Asia</title>
		<link>http://bvi-company-news.offshore-journals.com/big-stick-media-corporation-signs-licensing-agreement-with-bvi-company-operating-in-asia/234/</link>
		<comments>http://bvi-company-news.offshore-journals.com/big-stick-media-corporation-signs-licensing-agreement-with-bvi-company-operating-in-asia/234/#comments</comments>
		<pubDate>Thu, 07 Aug 2008 05:22:36 +0000</pubDate>
		<dc:creator>&#60;ADMINNICENAME&#62;</dc:creator>
		
		<category><![CDATA[Agreements and Contracts concluded]]></category>

		<category><![CDATA[BVI IBC Business News]]></category>

		<guid isPermaLink="false">http://bvi-company-news.offshore-journals.com/big-stick-media-corporation-signs-licensing-agreement-with-bvi-company-operating-in-asia/234/</guid>
		<description><![CDATA[Vancouver-based Big Stick Media Corporation (BSM),  owning and operating a portfolio of assets that provide fact-based and opinion-oriented information relevant to the sports industry, has reported entering into a licensing agreement with Golden Retriever Consluting Co. Ltd., registered in the British Virgin Islands. The principal place of business of the BVI company is Taipei, Taiwan.
Pursuant [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Vancouver-based <a href="http://finance.yahoo.com/q?s=BSM.V" title="Big Stick Media Corporation">Big Stick Media Corporation</a> </strong>(BSM),  owning and operating a portfolio of assets that provide fact-based and opinion-oriented information relevant to the sports industry, has <strong>reported entering into a licensing agreement with Golden Retriever Consluting Co. Ltd., registered in the British Virgin Islands.</strong> The principal place of business of the BVI company is Taipei, Taiwan.</p>
<p>Pursuant to the licensing agreement, BSM will earn a percentage of the revenues earned by Golden Retriever (BVI) for the worldwide distribution in the Mandarin language of BSM&#8217;s opinion-oriented information found at jimfeist.com. The start date of the agreement is July 21, 2008.</p>
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		<title>Yucheng Technologies (BVI) announces call center expansion project for China Construction Bank</title>
		<link>http://bvi-company-news.offshore-journals.com/yucheng-technologies-bvi-announces-call-center-expansion-project-for-china-construction-bank/233/</link>
		<comments>http://bvi-company-news.offshore-journals.com/yucheng-technologies-bvi-announces-call-center-expansion-project-for-china-construction-bank/233/#comments</comments>
		<pubDate>Mon, 04 Aug 2008 06:51:08 +0000</pubDate>
		<dc:creator>&#60;ADMINNICENAME&#62;</dc:creator>
		
		<category><![CDATA[BVI Company Contracts]]></category>

		<category><![CDATA[BVI IBC Business News]]></category>

		<guid isPermaLink="false">http://bvi-company-news.offshore-journals.com/yucheng-technologies-bvi-announces-call-center-expansion-project-for-china-construction-bank/233/</guid>
		<description><![CDATA[Yucheng Technologies Limited, BVI-registered company providing IT solutions and services to the Chinese banking industry, announced a significant call center expansion  project for the China Construction Bank, one of the top four commercial banks in China. The expansion will increase China Construction Bank&#8217;s total number of call center seats from 3,000 at the end [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://bvi-companies.blogspot.com/2008/01/yucheng-technologies-limited.html" title="BVI registered company Yucheng Technologies Ltd.">Yucheng Technologies Limited, BVI-registered company</a> providing IT solutions and services to the Chinese banking industry, announced a significant call center expansion  <a href="http://finance.yahoo.com/q?s=C6T.DE" title="Project for China Construction Bank">project for the China Construction Bank</a>, one of the top four commercial banks in China. The expansion will increase China Construction Bank&#8217;s total number of call center seats from 3,000 at the end of the year 2007 to 7,500, in order to serve rapidly-growing <a href="http://www.offshoreincorporation.net/Glossary.A.J/C.Corporation/" title="Credit card">credit card</a> and retail banking customers.</p>
<p><a href="http://www.ccb.com/portal/en/home/index.html" title="China Construction Bank">China Construction Bank</a> is the largest credit card issuer among the top 4 banks in China. It is also the 2nd largest commercial bank in China by the total assets amount. The bank is headquartered in Beijing, has a network of more than 13,000 branches and outlets across the country and is presented in all major international money centres.</p>
<p><strong>Total value of BVI company&#8217;s contract with the bank is more than US$13.7 million.</strong> The major part of the solution and implementation services associated with this call center expansion project will be recognized in the third quarter of the year.</p>
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		<title>SPC updates results on exploration well owned through BVI subsidiary</title>
		<link>http://bvi-company-news.offshore-journals.com/spc-updates-results-on-exploration-well-owned-through-bvi-subsidiary/232/</link>
		<comments>http://bvi-company-news.offshore-journals.com/spc-updates-results-on-exploration-well-owned-through-bvi-subsidiary/232/#comments</comments>
		<pubDate>Tue, 29 Jul 2008 08:34:56 +0000</pubDate>
		<dc:creator>&#60;ADMINNICENAME&#62;</dc:creator>
		
		<category><![CDATA[BVI Holding Companies]]></category>

		<category><![CDATA[BVI IBC Business News]]></category>

		<guid isPermaLink="false">http://bvi-company-news.offshore-journals.com/spc-updates-results-on-exploration-well-owned-through-bvi-subsidiary/232/</guid>
		<description><![CDATA[Singapore Petroleum Company Limited (SPC) on July 25 published drilling update on the exploration well in Cambodia, which followed company&#8217;s previous announcement made on July 8, 2008. SPC Vice-President Mr Brian Boslaugh commented on the drilling results saying that SPC will continue to work closely with its partners, and to undertake technical works.
The well is [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://finance.yahoo.com/q?s=S2T.DE" title="Singapore Petroleum Company Limited">Singapore Petroleum Company Limited</a> (SPC) on July 25 published drilling update on the exploration well in Cambodia, which followed company&#8217;s previous announcement made on July 8, 2008. SPC Vice-President Mr Brian Boslaugh commented on the drilling results saying that SPC will continue to work closely with its partners, and to undertake technical works.</p>
<p>The well is located in Cambodia Block B, east of the Khmer sub-basin, in water depth of about 75 metres. <strong>SPC holds a 33.3% interest in the Block B through its wholly-owned subsidiary </strong><strong>SPC Cambodia Ltd, incorporated in the British Virgin Islands.</strong> The <strong>BVI company, in its turn, is a wholly-owned subsidiary of SPC Production Company Ltd</strong>, which is a wholly-owned subsidiary of SPC. SPC&#8217;s share of the drilling costs  in the Block is approximately US$3.0 million, its partners are PTTEP International Limited and Resourceful Petroleum Limited.</p>
<p>SPC is a regional oil and gas company with interests in oil and gas exploration, development and production, marketing and trade. It is an associated company of Keppel Oil &#038; Gas Services Pte Ltd, a wholly-owned subsidiary of <a href="http://finance.yahoo.com/q?s=KPELF.PK" title="Keppel Corporation Limited">Keppel Corporation Limited</a>.</p>
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		<title>BVI-registered A-Power Energy to start USD 20 million project</title>
		<link>http://bvi-company-news.offshore-journals.com/bvi-registered-a-power-energy-to-start-usd-20-million-project/231/</link>
		<comments>http://bvi-company-news.offshore-journals.com/bvi-registered-a-power-energy-to-start-usd-20-million-project/231/#comments</comments>
		<pubDate>Fri, 18 Jul 2008 20:58:16 +0000</pubDate>
		<dc:creator>&#60;ADMINNICENAME&#62;</dc:creator>
		
		<category><![CDATA[Agreements and Contracts concluded]]></category>

		<category><![CDATA[BVI IBC Business News]]></category>

		<guid isPermaLink="false">http://bvi-company-news.offshore-journals.com/bvi-registered-a-power-energy-to-start-usd-20-million-project/231/</guid>
		<description><![CDATA[A-Power Energy Generation Systems Ltd, power systems firm, announced that it has signed an agreement. According to the deal, a wind turbine production facility will be built by the company with the Chinese city government of Bayan Nur.
According to a British Virging Islands corporation, Bayan Nur (Inner Mongolia) is located in one of the 3 [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://finance.yahoo.com/q?s=APWR" title="A-Power Energy Generation Systems Limited">A-Power Energy Generation Systems Ltd</a>, power systems firm, announced that it has signed an agreement. According to the deal, a wind turbine production facility will be built by the company with the Chinese city government of Bayan Nur.</p>
<p>According to a British Virging Islands corporation, Bayan Nur (Inner Mongolia) is located in one of the 3 premium wind belts in China, and the Chinese central government has approved 2 100 MW of wind power generation in the Bayan Nur region. A-Power Chief Executive Jinxiang Lu commented the following: &#8220;The 800 MW annual wind turbine production capacity at this new Inner Mongolia facility combined with over 1 000 MW from the first phase of our Shenyang production facility will give A-Power an annual wind turbine production capacity of over 1 800 MW by the end of 2009&#8243;.</p>
<p><strong>The <a href="http://bvi-companies.blogspot.com/2008/02/power-energy-generation-systems-ltd.html" title="BVI company A-Power Energy Generation Systems Ltd">BVI incorporated A-Power Energy Generation Systems Ltd</a> expects the 290 000 square foot plant to cost around USD 20 million, and the project is planned to be completed in July 2009.</strong> The newly built plant will have wind turbines of 2.5 MW and 750 kW capacity.</p>
<p>It is also important that, under the deal, the city government of Bayan Nur agreed to <strong>tax breaks</strong> as well as to coordinate sales with wind farms in and around the city region.</p>
<p>It is also worth noting that <strong>the shares of the BVI-registered company grew more than 3% to USD 29.56 on <a href="http://www.nasdaq.com/">Nasdaq</a>.</strong></p>
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		<title>LSE AIM listed Yangtze China Investment invests 5 million USD in BVI holding company</title>
		<link>http://bvi-company-news.offshore-journals.com/lse-aim-listed-yangtze-china-investment-invests-5-million-usd-in-bvi-holding-company/229/</link>
		<comments>http://bvi-company-news.offshore-journals.com/lse-aim-listed-yangtze-china-investment-invests-5-million-usd-in-bvi-holding-company/229/#comments</comments>
		<pubDate>Thu, 10 Jul 2008 18:41:51 +0000</pubDate>
		<dc:creator>&#60;ADMINNICENAME&#62;</dc:creator>
		
		<category><![CDATA[BVI Company Mergers &amp; Acquisitions]]></category>

		<category><![CDATA[BVI IBC Business News]]></category>

		<guid isPermaLink="false">http://bvi-company-news.offshore-journals.com/lse-aim-listed-yangtze-china-investment-invests-5-million-usd-in-bvi-holding-company/229/</guid>
		<description><![CDATA[According to Yangtze China Investment Ltd., it has invested USD 5 million in Aesthetic International Holdings Group (BVI) Ltd. in return for a loan convertible into 25% of the share capital of Aesthetic. Aesthetic is the British Virgin Islands holding company for a Beijing-based beauty spa franchise group.
The 15% convertible loan note, which is due [...]]]></description>
			<content:encoded><![CDATA[<p>According to <strong><a href="http://www.londonstockexchange.com/en-gb/pricesnews/prices/system/detailedprices.htm?sym=KYG984781032GBUSDAIM%20B2R90B4YACI" title="Yangtze China Investment Limited">Yangtze China Investment Ltd.</a>, it has invested USD 5 million in Aesthetic International Holdings Group (BVI) Ltd. in return for a loan convertible into 25% of the share capital of Aesthetic. </strong>Aesthetic is the British Virgin Islands holding company for a Beijing-based beauty spa franchise group.</p>
<p>The 15% convertible loan note, which is due in 2011, on a fully diluted basis represents the 25% stake.</p>
<p>A BVI-incorporated company Aesthetic International Holdings Group Ltd. has been set up with a view to facilitate the investment by Yangtze China Investment Ltd. and the subsequent corporate restructuring of the group. The restructuring is to be be implemented after the completion. The group&#8217;s restructuring will be completed by Aesthetic with the help of funds invested. In accordance woth Yangtze, the invested funds will also enable the group to raise its profile by means of increased marketing and promotion of brands and products, as well as to expand the research and development team and establish beauty training and franchise management centres.</p>
<p>It should also be noted that this is the 1st investment of Yangtze following its admission to AIM.</p>
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		<title>BVI-registered Bloomsbury to receive gaming licence in Philippines</title>
		<link>http://bvi-company-news.offshore-journals.com/bvi-registered-bloomsbury-to-receive-gaming-licence-in-philippines/228/</link>
		<comments>http://bvi-company-news.offshore-journals.com/bvi-registered-bloomsbury-to-receive-gaming-licence-in-philippines/228/#comments</comments>
		<pubDate>Mon, 30 Jun 2008 08:01:37 +0000</pubDate>
		<dc:creator>&#60;ADMINNICENAME&#62;</dc:creator>
		
		<category><![CDATA[BVI Company Joint Ventures]]></category>

		<category><![CDATA[BVI company investments]]></category>

		<guid isPermaLink="false">http://bvi-company-news.offshore-journals.com/bvi-registered-bloomsbury-to-receive-gaming-licence-in-philippines/228/</guid>
		<description><![CDATA[Australia&#8217;s second-richest man, gaming and media magnate James Packer, whose joint venture with Lawrence Ho Yau-lung is making billions of dollars of investments in Macau, currently is in talks for building a US$1.5 billion casino resort in the Philippines.
The Philippines is one of several Asian countries aiming to take piece of gaming tourism boom in [...]]]></description>
			<content:encoded><![CDATA[<p>Australia&#8217;s second-richest man, gaming and media magnate <strong>James Packer</strong>, whose joint venture with Lawrence Ho Yau-lung is making <strong>billions of dollars of <a href="http://bvioffshoreibc.blogspot.com/2006/04/bvi-strengthens-ties-with-macao-macau.html" title="Macau Macao offshore jurisdiction">investments in Macau</a></strong>, currently is <strong>in talks for building a US$1.5 billion casino resort in the Philippines</strong>.</p>
<p>The Philippines is one of several Asian countries aiming to take piece of gaming tourism boom in Macau. Last year, legislation was passed in the jurisdiction that allows issuing gaming licences to private firms, and <strong>Mr Packer is now revealed as the owner of British Virgin Islands-registered Bloomsbury Investments</strong> – one of four private development companies tipped by state company Philippine Amusement &#038; Gaming Corp (Pagcor) to obtain gaming licence for a number of Las Vegas-style mega resorts in Manila Bay. It is worth noting that three of these four firms have ties to Macau.</p>
<p><strong>The BVI company of Mr Packer has already submitted a  US$100 mln deposit</strong> towards plans to develop a 1,700-room resort and convention centre complex. Now, since foreign investors could only take control over up to 49% of the Manila Bay projects, Mr Parker is negotiating to secure a local partnership with the Alvarez family, which owns the Columbian Autocar Corp., the largest manufacturer and distributor of autos and buses in the Philippines.</p>
<p>Mr Packer has joint venture partnership with Mr Ho whose <a href="http://finance.yahoo.com/q?s=0200.HK" title="Melco Intl Development">Melco International Development</a> formed an exclusive partnership with Crown (formerly Publishing and Broadcasting Ltd) to develop casino projects in the region. Each of these companies has a 37.9% stake in <a href="http://finance.yahoo.com/q?s=MPEL" title="Melco Crown Entertainment (Macau)">Nasdaq-listed Melco Crown Entertainment (Macau)</a>, which operates the US$58 mln Crown Macau on Taipa Island, and builds the US$2.3 billion project called the City of Dreams. However, current Philippine project, initiated by Mr Parker personally, did not involve the joint venture.</p>
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		<title>Vietnam Eximbank boosts its capital base by selling its stakes to BVI, South Korea and Vietnam Funds</title>
		<link>http://bvi-company-news.offshore-journals.com/vietnam-eximbank-boosts-its-capital-base-by-selling-its-stakes-to-bvi-south-korea-and-vietnam-funds/227/</link>
		<comments>http://bvi-company-news.offshore-journals.com/vietnam-eximbank-boosts-its-capital-base-by-selling-its-stakes-to-bvi-south-korea-and-vietnam-funds/227/#comments</comments>
		<pubDate>Sun, 22 Jun 2008 23:44:07 +0000</pubDate>
		<dc:creator>&#60;ADMINNICENAME&#62;</dc:creator>
		
		<category><![CDATA[BVI Investment Funds]]></category>

		<category><![CDATA[BVI company investments]]></category>

		<guid isPermaLink="false">http://bvi-company-news.offshore-journals.com/vietnam-eximbank-boosts-its-capital-base-by-selling-its-stakes-to-bvi-south-korea-and-vietnam-funds/227/</guid>
		<description><![CDATA[Last week Vietnam&#8217;s Export Import Commercial Bank (Eximbank) said that it has raised its capital base by 1/3 after ending its share sales to foreign investors. Its registered capital rose 33.3% in the end of May, as it ended selling shares to Sumitomo Mitsui, Japan&#8217;s third largest bank.
Eximbank sold 5% of stake to British Virgin [...]]]></description>
			<content:encoded><![CDATA[<p>Last week Vietnam&#8217;s Export Import Commercial Bank (Eximbank) said that it has raised its capital base by 1/3 after ending its share sales to foreign investors. Its registered capital rose 33.3% in the end of May, as it ended selling shares to Sumitomo Mitsui, Japan&#8217;s third largest bank.</p>
<p><strong>Eximbank sold 5% of stake to British Virgin Islands-registered VOF Investment Ltd</strong>, 4.5% to MAE under South Korea&#8217;s top mutual fund Mirae Asset group, and 0.5% to Mirrae Asset Maps Opportunity Vietnam Equity Balanced Fund1.</p>
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		<title>A-Power Energy Starts Trading on NASDAQ Global Select Market</title>
		<link>http://bvi-company-news.offshore-journals.com/a-power-energy-starts-trading-on-nasdaq-global-select-market/226/</link>
		<comments>http://bvi-company-news.offshore-journals.com/a-power-energy-starts-trading-on-nasdaq-global-select-market/226/#comments</comments>
		<pubDate>Mon, 16 Jun 2008 02:25:15 +0000</pubDate>
		<dc:creator>&#60;ADMINNICENAME&#62;</dc:creator>
		
		<category><![CDATA[BVI Company listing]]></category>

		<category><![CDATA[Investors' News]]></category>

		<category><![CDATA[BVI IBC Business News]]></category>

		<guid isPermaLink="false">http://bvi-company-news.offshore-journals.com/a-power-energy-starts-trading-on-nasdaq-global-select-market/226/</guid>
		<description><![CDATA[BVI-registered A-Power Energy Generation Systems, Ltd., providing distributed power generation systems in China, has announced on June 2 that its shares are upgraded to trade on the NASDAQ Global Select Market, under the symbol APWR.
The Chairman and CEO of the BVI company, Jinxiang Lu, noted in his comments that, as the NASDAQ Global Select Market [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://bvi-companies.blogspot.com/2008/02/power-energy-generation-systems-ltd.html" title="BVI registered A-Power Energy Generation Systems company"><strong>BVI-registered A-Power Energy Generation Systems, Ltd</strong>.</a>, providing distributed power generation systems in China, has announced on June 2 that its <strong>shares are upgraded to trade on the <a href="http://www.nasdaq.com/GlobalSelect" title="NASDAQ GLobal Select">NASDAQ Global Select Market</a>, under the symbol </strong><a href="http://finance.yahoo.com/q?s=apwr&#038;d=t" title="APWR"><strong>APW</strong>R</a>.</p>
<p>The Chairman and CEO of the BVI company, Jinxiang Lu, noted in his comments that, as the NASDAQ Global Select Market was created for companies that meet the most stringent requirements, this upgrade of A-Power Energy “reflects company&#8217;s continued growth and enhanced market value.” He also said they are pleased to have met the financial and liquidity requirements that enable shares to be traded along with NASDAQ&#8217;s top companies.</p>
<p>Common stock of A-Power was listed on the NASDAQ Capital Market prior to the upgrade.</p>
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