Silk Routes and China Railway Construction Corporation (International) Limited have formed a consortium group to jointly develop and operate a Build-Operate-Transfer projects in South Asia.

Silk Routes and CDBS – Cathay Fund Management Company Ltd have entered into a MOU to set up a Islamic fund management platform in China.

Silk Routes mandated by Sichuan Development Financial Leasing Co. Ltd, a company owned by Sichuan Development Holdings to advise on their USD300m Islamic capital structuring.

 

About CRCC International

CRCC International is wholly owned subsidiaries of China Railway Construction Corporation Limited (“CRCC”) which was solely established by China Railway Construction Corporation on November 5th, 2007 in Beijing, and is now a mega size construction corporation under the administration of the State-owned Assets Supervision and Administration Commission of the State Council of China (SASAC). On March 10th and 13th, 2008, CRCC was listed in Shanghai (SH, 601186) and Hong Kong (HK, 1186) respectively, with a registered capital totalling RMB13.5 billion and assets of RMB731 billion as of 1H2016.

 

About Sichuan Development Holdings

Sichuan Development Holdings is the only provincial-level comprehensive investment and financing platform in Sichuan Province. It invests in and controls a number of specialised investment and financing companies in various industries, including principally transportation infrastructure construction and operation, media and culture, power generation and supply, hotels and tourism as well as others. The Company operated its business through approximately 600 subsidiaries and joint ventures, including 25 directly-owned subsidiaries and three companies listed in the PRC and/or Hong Kong. The Company was incorporated on 24 December 2008 as the platform for diversified ownership structure reform and operation transition for the state-owned companies in Sichuan Province. As at September 2015, the registered capital is RMB80 billion and with assets under management valued at RMB603 billion, SDH is one of the 2 companies in the Sichuan Province with a Triple A credit ratings by China Cheng Xin International Credit Rating Co Ltd, one of the top 5 rating agency in China.

 

About CDBS – Cathay

CDBS – Cathay is a subsidiary of China Development Bank Securities (“CDB Securities”), a wholly owned subsidiary of China Development Bank (“CDB”). CDB was established in 1994. On October 11, 2008, in accordance with approval from the State Council of the People’s Republic of China, CDB was incorporated as China Development Bank Corporation with registered capital of RMB 421.248 billion managing RMB 12.6 trillion of assets as of FY2015.