• Thu
  • Jul 10, 2014
  • Updated: 7:49pm

Company Restatement

HK telecoms giant boasts big growth in net profit

Hutchison Telecommunications International, which runs mobile telephone networks in Asian emerging markets, vows to become a more competitive regional carrier after it posted more than a four-fold growth in net profit last year.

Friday, 5 March, 2010, 12:00am

Former Wah Sang chairman and director get six-year ban

Shum Ka-sang, the former chairman of Wah Sang Gas Holdings, and former board member Shen Yi were barred yesterday from serving as a listed company's director or officer for six years.

Madam Justice Susan Kwan Shuk-hing imposed the disqualification order on Mr Shum and Mr Shen five years after an accounting scandal sent the value of Wah Sang's shares plummeting to penny status.

23 May 2009 - 12:00am

Unicom may post 65pc net gain on CDMA sale

China Unicom (Hong Kong) is expected to deliver a more than 60 per cent jump in net profit for 2008, partly due to a one-time gain from the sale of CDMA mobile assets and a contribution from fixed-line operator China Netcom Group Corp, which it acquired last year.

30 Mar 2009 - 12:00am

New accounting rules will create winners, losers and opportunities

Shareholders should brace themselves for some surprises when interim results for Hong Kong banks, prepared for the first time under new accounting rules, begin appearing this week.

30 Jun 2005 - 12:00am

Ju Teng favours delayed share sale

Computer casing maker Ju Teng is likely to postpone its $500 million initial public offering due to the lukewarm response from retail investors for other listing candidates, according to sources.

The firm had planned to start its pre-marketing this week for a listing next month but now wants to wait for better market conditions.

28 Jun 2005 - 12:00am

Strategic moves steer CA towards dynamic future

John Swainson joined Computer Associates International as its president and chief executive last November, after a successful 26-year career at IBM, with an eye to clean things up at the beleaguered, scandal-hit software firm.

13 Jun 2005 - 12:00am

Fixed-line leader bent on acquiring mobile carrier

China Telecom

CHINA TELECOM, the country's largest fixed-line provider, is still aiming to acquire one of China Unicom's two mobile networks, despite the latter's dismissal of the proposal.

9 May 2005 - 12:00am

Giant still covets Unicom asset

Blunt rejection fails to dampen China Telecom's desire for slice of rival's mobile network

China Telecom, the country's largest fixed-line provider, still aims to acquire one of China Unicom's two mobile networks despite the latter's dismissal of the proposal.

1 Apr 2005 - 12:00am

Giant still covets Unicom asset

China Telecom, the country's largest fixed-line provider, still aims to acquire one of China Unicom's two mobile networks despite the latter's dismissal of the proposal.

'We expressed our wish [to acquire Unicom's network] and we have not changed our mind,' China Telecom chairman and chief executive Wang Xiaochu said.

1 Apr 2005 - 12:00am

Nortel launches device to converge networks

Nortel Networks, battling thorny legal issues that led to the firing of its top three executives last month, is hoping to rebuild its image with the launch of a new device that simplifies control over disparate network services.

24 May 2004 - 12:00am

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