Pacific Century Group

PCCW spin-off plan backed by shareholders

PCCW shareholders yesterday approved the company's plan to spin off its telecommunications operations as a business trust, which would be the first public listing of its kind in Hong Kong.

Thursday, 13 October, 2011, 12:00am

Fourth time's a charm?

It's been quite a journey for the long-suffering shareholders of PCCW since the merger with Cable & Wireless HKT in 2000.

3 Oct 2011 - 12:00am

PCCW sees future gains after telecoms arm offer

A successful listing of Hong Kong's first business trust could enable telecommunications giant PCCW to unlock more value from its other businesses in future.

PCCW on Sunday estimated proceeds of more than HK$10 billion from the proposed spin-off of its telecommunications operations as a business trust in the fourth quarter.

27 Sep 2011 - 12:00am


Teachers still able to do extra work

According to schoolteacher Tamara Kiew ('Teachers face impossible workload', September 18), teachers in Hong Kong are stressed and overworked. She complains that they are 'forced' to work at weekends.

25 Sep 2011 - 12:00am

PCCW spin-off could earn HK$35b

PCCW's move to spin off of its telecommunications operations as a business trust could generate up to HK$35 billion in the fourth quarter, according to one analyst's estimate.

10 Sep 2011 - 12:00am

PCCW to press ahead with trust, despite volatility

Unfazed by recent market volatility, PCCW is moving forward with its plan to spin off its telecommunications operations as a business trust in the fourth quarter.

13 Aug 2011 - 12:00am

High-speed broadband - but there's a catch

Hongkongers signing up to PCCW's new high-speed fibre broadband plans can browse the web faster than ever before - but they risk getting hit by viruses unless they fork out an extra US$100.

7 Aug 2011 - 12:00am

PCCW issues recruitment call

Telecommunications is one of the fastest-growing industries in Hong Kong. Local operator PCCW alone has a 20,000-strong workforce and hires some 200 fresh and recent graduates each year as part of its management trainee programme.

5 Aug 2011 - 12:00am

Post-service curbs on whistle-blower

Whistle-blowing former government IT chief Jeremy Godfrey has been given a long list of restrictions on whom he can work for outside of government.

29 Jul 2011 - 12:00am

PCCW boss jailed over HK$53m fraud

A former PCCW general manager was jailed for 20 months yesterday for awarding HK$53 million worth of contracts to companies he owned through his wife and friends.

Hui Chuen-kit, 41, earlier pleaded guilty in the District Court to four counts of fraud and one of conspiracy to defraud.

He claimed he pocketed only HK$400,000 from the illegal dealings.

22 Jul 2011 - 12:00am

Council won't be knocking on doors

The Hong Kong Council of Social Service will avoid getting into a row over knocking on the doors of poor families when running a government-subsidised internet learning support programme.

'We use schools and community centres as our service points,' said Erwin Huang, chief executive officer of WebOrganic, a body under the council responsible for running the programme.

29 Jun 2011 - 12:00am

Back me on listing trust, says PCCW's Li

PCCW boss Richard Li Tzar-kai yesterday sought to rally support for the proposed business trust listing of the company's telecoms arm, saying it could pay a much higher dividend as a business trust than as a traditional listed company.

18 Jun 2011 - 12:00am

Everyone will profit from PCCW business trust spin-off

Hong Kong's role as a leading financial centre in Asia has become increasingly important, not only in the region, but also the world. The powerful earthquake that struck Japan in March rocked more than just the country's physical infrastructure; its status as one of Asia's top financial centres was affected.

15 Jun 2011 - 12:00am

Business trusts need careful consideration by regulators

People under pressure often make mistakes. So let's hope our regulators won't make any mistakes in the listing of Richard Li Tzar-kai's so-called business trust.

Even since his father, Li Ka-shing opted to list his ports in the form of a business trust in Singapore instead of Hong Kong, pressure on our regulators has been mounting.

11 Jun 2011 - 12:00am

Fan fury as PCCW cashes in on rugby cup

Rugby fans and publicans are angry over PCCW's plans to televise this year's Rugby Union World Cup after learning they will have to pay extra for the privilege of seeing it.

11 Jun 2011 - 12:00am