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  1. Pacific Century considers mainland market

    Posted Aug 10th 2004, 12:00am by Staff Reporter

    ... Prashant Rao Firm books a loss despite an increase in premiums and successful cost reduction Pacific Century Insurance Holdings (PCI) yesterday reiterated its desire to enter the mainland ... caused by highly volatile energy prices and speculation on interest-rate rises and terrorist attacks.' Group chief financial officer Sam Cheung said talks on expanding into the mainland were ...

  2. Richard Li gets 6-month driving ban

    Posted Mar 11th 2004, 12:00am by Staff Reporter

    ... Chan Siu-sin Tycoon Richard Li Tzar-kai will have to rely on chauffeurs or taxis after a magistrate banned him from driving for six months yesterday for speeding. Magistrate Wong Wai-kuen warned the PCCW chairman that he could face a jail term if he break ...

  3. PCCW eyes mass residential market

    Posted Sep 11th 2004, 12:00am by Peggy Sito

    ... Peggy Sito PCCW chairman Richard Li Tzar-kai appears poised to follow his father, Li Ka-shing, into the competitive fray of Hong Kong's mass residential property market. PCCW's Pacific Century Premium Developments (PCPD), which earlier signalled its intention to redevelop some of its parent's telephone exchange buildings into mass and upmarket residential ...

  4. take action

    Posted Jul 19th 2004, 12:00am by Staff Reporter

    ... whatsoever was forthcoming by any Outward Bound instructor to a participant...but let me outline my response. 'It is unfortunate that participants in this particular group exhibited inappropriate behaviour and foul language,' Mr D'Almeida said, adding that team leaders spoke to the group three times. There was boisterous behaviour by the group, including Mr Szeto's ...

  5. PCCW leaps on Netcom tie-up talk

    Posted May 20th 2004, 12:00am by Michael Logan

    ... Michael Logan PCCW shares climbed 5.1 per cent yesterday on hopes that China Network Communications Group Corp (China Netcom) will soon take a stake in Hong Kong's dominant fixed-line carrier, despite the lack of details on a deal which could potentially reshape the city's telecommunications landscape. Company executives yesterday added little to a statement released ...

  6. Two projects secure approval for flat sale

    Posted May 07th 2004, 12:00am by Peggy Sito

    ... Peggy Sito The Lands Department last month consented to the sale of two residential projects owned by Hang Lung Properties and PCCW Infrastructure involving more than 1,900 flats. However, agents said the approval was unlikely to cause an immediate supply ...

  7. Bargain hunters move into telecoms counters

    Posted Dec 02nd 2004, 12:00am by Staff Reporter

    ... placements, some traders say. Yesterday Pacific Century Premium Developments tumbled 8.49 per cent to $2.425 after controlling shareholder PCCW sold 450 million shares, or a 23.9 per cent stake, in its property arm at $2.48 each to Deutsche Bank. The bank then sold them on to the market at $2.50- representing a 5.6 per cent discount to Pacific Century's latest closing price ...

  8. PCCW surges on reports of fixed-line assets sale to CNC

    Posted Aug 24th 2004, 12:00am by Staff Reporter

    ... profit for the half year to fall by 11.5 per cent year on year to $733 million. CLSA Asia-Pacific Markets analyst Francis Cheung said analysts would watch PCCW's line losses in the first ...

  9. Regulator refuses to back down to PCCW

    Posted Oct 07th 2004, 12:00am by Michael Logan

    ... Michael Logan and Hui Yuk-min The Office of the Telecommunications Authority (Ofta) stood firm yesterday in the face of new legal threats from PCCW, despite losing a court battle to the dominant fixed-line carrier earlier this week. PCCW has given the reg ...

  10. Hong Kong telecoms industry veterans call it a day

    Posted Aug 10th 2004, 12:00am by Staff Reporter

    ... Listening in on the telecoms industry Two industry veterans are leaving their posts for greener pastures. Thomas Siu Hon-wah, who spent 20 years at Hong Kong Telecom, has resigned as managing director of Unihub (Hong Kong), sources say. Mr Siu will leave ...




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