• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Hyderabad , Nov. 24

MATRIX Laboratories Ltd proposes to invest $18 million in the China-based Mchem Pharma Group Ltd and its subsidiaries — Defeng Mchem Pharmaceuticals Chemicals Company Ltd and Xiamen Mchem Laboratories Ltd.

The company has informed the stock exchanges that its board has approved a proposal to extend loans of $6 million to these Chinese ventures and a loan of $20 million to the South African venture - Fine Chemicals Corporation.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

More Stories on : Announcements

Stories in this Section
Ashok Leyland hikes prices

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line