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  • July 29, 2014
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  1. HK Electric sees further boost from foreign units

    Posted Mar 04th 2010, 12:00am by Denise Tsang

    ... Denise Tsang Hongkong Electric Holdings expects an even larger contribution from its overseas portfolio this year after it provided a much-needed cushion to tumbling profitability on its ... the return on the fixed net assets of the city's two power utilities to 9.99 per cent from 13.5-15 per cent. Hongkong Electric, which has its core earnings tied to expenditure on power assets, ...

  2. Panel of 17 to drive electric car promotion

    Posted Mar 31st 2009, 12:00am by Staff Reporter

    ... and Technology Park Corporation; Patrick Wang Shui-chung, chairman of electronic carmaker Johnson Electric Group; CLP Power chief Betty Yuen So Siu-mai; and Hongkong Electric managing director Tso ... Cheung Chi-fai Seventeen people including lawmakers, executives and academics have been appointed to a panel charged with exploring how to promote electric vehicles in the city. ...

  3. Hongkong Land to convert ageing factory into arts venue

    Posted Sep 24th 2003, 12:00am by Andrew Collier

    ... Can a former factory turned art space help sell real estate? Hongkong Land intends to find out. The property developer is spending millions to convert an ageing electrical switch factory ... The project, which will open next month, will have a short lifespan. After just 20 months, it will be torn down to make way for an apartment block. The arts venue is part of Hongkong Land's plan ...

  4. Li buying EDF Energy's British assets for GBP5.8b

    Posted Jul 31st 2010, 12:00am by Toh Han Shih

    ... billion). In the deal, driven by Li's eldest son, Victor Li Tzar-kuoi, a consortium led by Cheung Kong Infrastructure and Hongkong Electric will acquire the British networks of EDF Energy, ... acquisition of a 3G licence in Britain in 2000. Cheung Kong Infrastructure and Hongkong Electric confirmed yesterday that they had been granted an exclusivity period by EDF to complete ...

  5. Results diary

    Posted Dec 03rd 2004, 12:00am by Staff Reporter

    ... Dec 3 Interim: Climax International, Gay Giano International Group, Graneagle Holdings, Hsin Chong Construction Group, Johnson Electric Holdings, Peace Mark (Holdings), Safety Godown. Dec ... China-Hongkong Photo Products Holdings, Dickson Concepts (International), Fairwood Holdings, Hung Hing Printing Group, Oriental Press Group, Tysan Holdings, Victory City International Holdings, WLS ...

  6. Blue chips hope to gain from low rates

    Posted Nov 01st 2003, 12:00am by Ben Kwok

    ... Ben Kwok and Hui Yuk-min Blue chips PCCW and Hongkong Electric Holdings are taking advantage of the low interest rate environment to refinance their debts by seeking a combined $7 billion ... to raise up to $4 billion, debt market news service Basis Point said yesterday. In a similar deal, Hongkong Electric is looking to borrow $3 billion in a five-year revolving loan. This follows ...

  7. China Power will not take 'no' for an answer

    Posted Apr 30th 2005, 12:00am by Andy Chen

    ... two electricity suppliers on co-operation. Her comments came after CLP Holdings and Hongkong Electric Holdings this week publicly opposed any changes to the current operating environment, saying it was premature to open the market. Hongkong Electric said yesterday it was against 'experimentation' in the electricity market. Managing director Tso Kai-sum went so far ...

  8. Australian arm propels profits

    Posted May 09th 2005, 12:00am by Staff Reporter

    ... per cent from 2003. This figure includes a $400 million one-off gain from a tax deferment on Powercor Australia, an electricity distribution joint venture between CKI and associate Hongkong ... a $279 million loss on the infrastructure-related business unit last year against a $19 million profit in 2003. The profit contribution from Hongkong Electric, which supplies electricity to Hong ...

  9. Talk of partnership boosts HK Power

    Posted Jun 13th 2005, 12:00am by Denise Tsang

    ... by media firm Vertex Communications and Technology Group. The news sent another wake-up call to CLP Holdings and Hongkong Electric Holdings, the local duopoly that is resisting changes ... held talks with the Hong Kong government and CLP. 'Ability and determination is one thing. Whether CLP and Hongkong Electric open their power grids to a third party access ...

  10. CKI net profit at $3.3b on strong foreign earnings

    Posted Mar 10th 2004, 12:00am by Denise Tsang

    ... brought about an aggregate 20.92 per cent jump in net profit to $1.64 billion, helping to offset associate Hongkong Electric Holdings' 10.75 per cent drop in its profit contribution of $2.28 ... Earnings per share climbed 0.67 per cent to $1.49. Turnover was 3.89 per cent lower at $3.45 billion. Hongkong Electric, 38.87 per cent owned by CKI, was hit hard by the combined effect ...




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