Two companies controlled by Hong Kong's richest man, Li Ka-shing, issued a strongly worded public denial of a story linking them to Rafael Hui Si-yan, the former government No 2 who is accused of...
- Mon
- Mar 4, 2013
- Updated: 6:22am
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Hutchison Whampoa
Hutchison Whampoa is a Fortune 500 company and one of Hong Kong’s largest listed companies. It is 49.97 per cent owned by the Cheung Kong Group, a property company. Hutchison’s origins date back to two companies founded in the 19th century – Hong Kong and Whampoa Dock, established in 1863 by British merchant John Duflon Hutchison, and Hutchison International in 1877. In 1977, Hutchison became Hutchison Whampoa Ltd. Its operations include ports, with operations across Europe, the Americas, Asia, the Middle East and Africa, property and hotels, retailing through AS Watson & Co, PARKnSHOP supermarkets, Fortress electrical appliance stores, telecommunications through Hutchison Telecommunications International Ltd. It is also involved in infrastructure through its infrastructure arm, Cheung Kong Infrastructure, and has an interest in Hongkong Electric Holdings (HEH), the sole electricity supplier to Hong Kong Island and Lamma Island. Hutchison is also a major shareholder of Husky Energy, one of Canada’s largest energy and energy related companies. It is headed by Li Ka-shing, Asia’s wealthiest man, who has been nicknamed “Superman” because of his investment prowess.
India is aggressively pursuing tax claims against multinational firms operating in the country as the government seeks to rein in its budget deficit, taking particular aim at IT and back-office...
Asia’s richest man, Li Ka-shing, doesn’t seem to be making friends with migrant workers in China.
Cheung Kong and Hutchison Whampoa sold a combined 30 per cent interest in Singapore's Marina Bay Financial Centre Tower 3 for S$1.04 billion (HK$6.56 billion) to DBS Group.
Hutchison Whampoa, whose acquisition of mobile network operator Orange Austria is under review, has taken a step forward to gaining the European Commission's approval of the €1.3 billion (HK$13...
It may not be so well known that one of the curiosities of a mainland IPO is that the chairman's wife will frequently become the vice-president of a sub-branch of the local bank.
Hutchison Whampoa, whose purchase of mobile network operator Orange Austria is under review, will accelerate 4G network development in the country once the European Commission approves the €1.3...
A reseller of baby formula has been jailed for 3-1/2 months for paying HK$800 in bribes to supermarket managers amid a formula shortage in 2010 and 2011 when mothers in Hong Kong stockpiled...
Li Ka-shing's flagship conglomerate Hutchison Whampoa and his namesake charitable foundation have cancelled a US$125 million deal to acquire a majority stake in Scailex, the parent of Israeli...
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