Michael Kadoorie

CLP's Brandler to head Kadoorie private office

Michael Kadoorie (right) and Andrew Brandler at a shareholders meeting. Photo: Jonathan Wong

CLP chief executive Andrew Brandler will join the private office of the Kadoorie family as chairman after he leaves the firm in the third quarter, said Michael Kadoorie, the utility's chairman.

Wednesday, 1 May, 2013, 5:03am

Directors' share-buying spree stretches into fifth straight week

Roger Wang Hung. Photo: Jonathan Wong

Directors' purchases of shares in their own companies rose for a fifth straight week and selling fell, based on filings to the stock exchange for the holiday-shortened week of March 25 to 28.

1 Apr 2013 - 4:04am

Directors' share purchase total soars on CLP duo's big buys

Michael Kadoorie. Photo: SCMP

Buying rose for the second straight week, while selling among directors surged, based on filings on the Hong Kong stock exchange from March 4 to 8. Buyers outweighed sellers, with 10 companies recording 46 purchases worth HK$476 million, against eight firms with 22 disposals worth HK$61 million.

11 Mar 2013 - 4:56am

HK$139m surge in directors' stock buying

Michael Kadoorie. Photo: Edward Wong

Buying of their own company shares by directors surged last week and selling remained low, based on filings made to the stock exchange for the period from February 25 to March 1.

4 Mar 2013 - 4:30am

CLP wants timely decision on regulatory extension

Michael Kadoorie. Photo: Edward Wong

The city's largest power supplier, reiterating its claim that electricity prices could rise 40 per cent within a few years, yesterday urged the government to make a timely decision on whether to extend its regulatory regime on the scheme's expiry in 2018.

26 Feb 2013 - 5:44am

Fall in share prices triggers buying spree by directors

CLP is one of the four stocks that recorded heavy insider purchases in the past week. Photo: David Wong

Directors were active during the holiday-shortened week of December 31 to January 4 with 158 transactions worth HK$323 million. The figures were up from the previous week's three-day totals of 149 trades worth HK$213.9 million.

7 Jan 2013 - 5:54am

Time to pull the plug?

The prospect of bigger electricity bills saw an angry crowd lay siege to the headquarters of electricity supplier CLP Power last Wednesday.

15 May 2012 - 12:00am

Need for transparency apparent

Last week may have spelled the end of Hong Kong's traditional 'behind-the-scenes' deals between business and government.

15 May 2012 - 12:00am

CLP chief urges 'transparent' energy policy

CLP's group chief executive, Andrew Brandler, has called on the incoming administration of Leung Chun-ying to be more transparent over energy policy than its predecessor has been.

Brandler's comments come as the 80 per cent of the city's population who depend on CLP for electricity brace for a sharp rise in their energy bills starting from next year.

15 May 2012 - 12:00am

CLP puts Leung on the spot over energy

Just months after the painful wrangling with the government over the new electricity tariffs, CLP appears to be in a warring mood again. The power company warns that energy bills will be 'materially' higher by 2015 due to a 40 per cent increase in fuel costs.

10 May 2012 - 12:00am

Power bills will soar for years

Regular and substantial electricity-tariff increases will be needed for the rest of this decade to pay for higher fuel costs as a result of a new gas supply from the mainland and measures to tackle climate change, CLP Holdings boss Michael Kadoorie says.

28 Feb 2012 - 12:00am

Hypocrisy of officials' power play

Secretary for the Environment Edward Yau Tang-wah is calling for a review of the controversial 'control agreements' used by the power companies in light of proposed price increases from CLP Power and Hongkong Electric.

SCMP, Dec. 18

20 Dec 2011 - 12:00am

Kadoorie matriarch's life of giving

The wife of the late Lawrence Kadoorie, who made the family a household name in the city with his electricity utility business CLP, has died. She was 96.

CLP staff received the news of Muriel Kadoorie's death yesterday, a spokesman said, but they were not sure when she died.

6 Dec 2011 - 12:00am

Minister backs new CLP plan to redevelop its HQ

The development minister has backed a revised plan by CLP Holdings to build flats on the site of its historic headquarters in Kowloon, a project that could earn the power firm HK$3 billion.

24 Sep 2011 - 12:00am

Lai See

Rich pickings for billionaires in city as ranks swell

Quiz of the day: Of the world's 100 richest men, how many live in Hong Kong?

7 Mar 2008 - 12:00am