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  • August 20, 2014
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  1. Cheung Kong offloads $3.4b retail assets to Singapore reit

    Posted Mar 25th 2005, 12:00am by Staff Reporter

    ... but were highly illiquid and difficult to turn over. The shopping centres to be sold, including the fully owned Centre de Laguna in Lam Tin, the 50 per cent-owned City One Shatin and Waldorf Garden in Tuen Mun, are all in non-prime areas but next to mass residential estates. The other properties being disposed of are Lido Garden and Rhine Garden in Sham Tseng and Tsing Yi Square. The 700,000 ...

  2. Hutch sells stake

    Posted May 12th 2004, 12:00am by Staff Reporter

    ... Hutchison Whampoa has sold back its remaining 20 per cent stake in a mainland joint venture with Procter & Gamble, gaining $13.7 billion to help offset its 3G mobile-phone business losses. Full report- B1 ...

  3. Cheung Kong courts 'new buying power'

    Posted Aug 27th 2003, 12:00am by Peggy Sito

    ... 'Therefore we started the marketing campaign last year.' The first project it introduced to mainlanders was Harbourfront Landmark, a joint venture with Hutchison Whampoa in Hunghom. Another ... square feet with a garden at One Beacon Hill for more than HK$17 million. More than 100 of the 3,000 luxury units Cheung Kong sold in the first half went to mainlanders. All 100 purchases were ...

  4. Li flagships buy two mainland sites

    Posted Nov 30th 2010, 12:00am by Peggy Sito

    ... Peggy Sito Cheung Kong (Holdings) and its associate Hutchison Whampoa have linked up to acquire two mainland sites- one in Dalian and one in Chongqing- for a total amount of 2.58 billion ... a total gross floor area of 280,000 sq metres when completed, the sources said. The sites are equally owned by Cheung Kong and Hutchison Whampoa, according to sources. The acquisitions ...

  5. Hutchison Telecom step closer to going private

    Posted Apr 24th 2010, 12:00am by Staff Reporter

    ... bid of parent firm Hutchison Whampoa to the vote. 'We don't see any major problems to this deal being approved,' Macquarie Research analyst Lisa Soh said. 'We believe ... capital expenditure and no dividends.' Hutchison Telecom, in which Hutchison Whampoa has a 60.4 per cent shareholding, saw its operating loss increase 155 per cent last year to HK$2.07 ...

  6. Li Ka-shing Foundation buys stake in Spotify

    Posted Aug 22nd 2009, 12:00am by Staff Reporter

    ... Bien Perez Li Ka-shing is investing online again, with an eye towards bolstering business at his telecommunications enterprises. Mr Li, the chairman of Hutchison Whampoa and Cheung Kong ... and broader relationship with Spotify through collaboration with Hutchison 3 Group and INQ, both of which are subsidiaries of Hutchison Whampoa, Mr Li's flagship company,' the spokesman ...

  7. Lai See

    Posted Nov 09th 2004, 12:00am by Ben Kwok

    ... that time really is money, a team from the Hutchison Whampoa retail arm beat out a New World Group by just one second in the 'Super Challenge' skyscraper stairwell epic. Hutchison's ...

  8. Cost cuts, bookings help lift Priceline

    Posted Jul 26th 2003, 12:00am by Sandy Li

    ... Priceline.com, controlled by Cheung Kong (Holdings) and Hutchison Whampoa, reported a US$7.68 million profit on revenues of $239.6 million for the three months ending June. President and chief executive ... Hutchison-Price (Travel), a 65-35 per cent joint venture between Hutchison Whampoa and Priceline.com, said its business had fully recovered to the pre-Sars level. Hutchison-Price (Travel) chief executive ...

  9. Hutchison Australian unit, Vodafone to merge

    Posted Feb 10th 2009, 12:00am by Staff Reporter

    ... Frederick Yeung Hutchison Telecommunications (Australia), a unit of Hutchison Whampoa, and Vodafone Group yesterday agreed to merge their mobile operations in Australia to create ... be HK$17.5 billion, 30 per cent higher than the bank's current valuation. Shares in Hutchison Whampoa rose 3.14 per cent yesterday to HK$39.45. ...

  10. HK telecoms giant boasts big growth in net profit

    Posted Mar 05th 2010, 12:00am by Staff Reporter

    ... more than a four-fold growth in net profit last year. The subsidiary of the Li Ka-shing controlled conglomerate Hutchison Whampoa, reported earnings last year reached HK$4.94 billion, up from ... tower sites entered into by its Indonesian unit. That reduced the previously reported net profit in 2008 of HK$1.88 billion by HK$751 million. Hutchison Whampoa, which has a 60.40 per cent stake ...




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