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BUSINESS
May 5, 1995
Largo Vista Group, Ltd. said Thursday it has agreed to sell its interest in a Chinese telecommunications company for $5.15 million. The buyer, East-West Equity Bridge Ltd., is an investment fund based in Houston, Texas. Largo Vista, a Newport Beach development company, said it remains involved in other home construction and telecommunications projects in China.
BUSINESS
November 10, 1994 | Debora Vrana, Times staff writer
Homes for Chinese: Largo Vista Group, Ltd., a Newport Beach maker of manufactured homes, said it has signed a deal to export its houses to China. Models are scheduled to be shipped this week from the Port of Long Beach to Shenzhen, China, 30 miles from Hong Kong. The models will be erected in China for viewing by potential buyers. The population of Shenzhen, China's largest "Special Economic Zone," has grown from 40,000 to 4 million in the past 10 years--creating a severe housing shortage.
BUSINESS
May 13, 1997 | Melinda Fulmer
Largo Vista Group Ltd. said Monday that it had completed a previously announced merger with a Chinese liquid petroleum gas retailer, Kunming Xinmao Industrial Petrochemical Co. The complex stock deal is expected to give Largo Vista, a small real estate firm traded over the counter, a steady stream of revenue from Xinmao's sales of gas for residential heating. It gives Xinmao a 70% stake in Largo Vista and access to the U.S. stock market through Largo Vista's public status.
BUSINESS
July 30, 1994 | CHRIS WOODYARD, TIMES STAFF WRITER
Like many Orange County developers, John A. Jones has visions of wooded hillsides covered in ranch-style homes. The difference is that Jones' vision doesn't stop at Temecula or Rancho Santa Margarita or any of the Southland's new edge cities. The hillsides he sees are near the Chinese free enterprise zone of Shenzhen, China--just north of the Hong Kong border. And Jones isn't a builder, he's an exporter. His company, Largo Vista Group Ltd.
BUSINESS
September 12, 1997 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
A San Diego brokerage Thursday was ordered permanently barred from the "penny stock" business and, along with five executives, slapped with fines and restitution that could approach $1 million. The sanctions against La Jolla Capital Corp., which was involved in last year's highly publicized surge and crash of the stock of tiny Comparator Systems, came in an unrelated case in which the firm allegedly dodged federal securities disclosure rules by having customers sign misleading forms.
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