Pacific Century Group

Incredible record of PCCW bidder

In a perfectly efficient market, every available piece of information should be factored into the price of an asset.

Thursday, 20 September, 2007, 12:00am

Smart Rich's surprise HK$68b bid for PCCW faces rough sailing

A low-ball bid, lack of direction and the spectre of an obdurate Beijing make for a troubled way forward for an out of the blue attempt by a small businessman to take over Richard Li Tzar-kai's PCCW, market observers say.

19 Sep 2007 - 12:00am

Inventor floats PCCW buyout

Local inventor Wong Kam-fu surprised the market yesterday with a proposal to buy PCCW, the largest telecom operator in the city, which is controlled by Richard Li Tzar-kai.

19 Sep 2007 - 12:00am

Richard Li backs early date for suffrage

With the government consultation period having less than a month to run, tycoon Richard Li Tzar-kai yesterday threw his weight behind the introduction of universal suffrage 'as soon as possible'. The PCCW chairman said advocating democracy did not equate to being unpatriotic.

19 Sep 2007 - 12:00am

Take Action!

The column for anyone fed up with bureaucracy, frustrated with delays or furious with poor service. Tell us your complaint and we'll try to fix it ...

17 Sep 2007 - 12:00am

Berry exciting

Beating your BlackBerry addiction just got harder. Research In Motion has released the BlackBerry 8820, its first dual-mode smartphone that combines cellular network support with Wi-fi connectivity.

16 Sep 2007 - 12:00am

Lai See

Expect more riveting action from Anson and Richard show

The future of Hong Kong democracy, they said, lay in the word CARL.

That is Chan Anson (Fang On-sang) and Richard Li Tzar-kai, in that order.

13 Sep 2007 - 12:00am

Lai See

Immediate HK$5b paper gain looks good for SIA

Singaporeans are known for being generous when it comes to paying for overseas acquisitions, thanks to their wealthy uncle Temasek Holdings.

For a change, the Lion City now looks a bit richer after sealing a HK$7.16 billion deal in exchange for a 24 per cent stake in China Eastern Airlines.

4 Sep 2007 - 12:00am

Quotes of The Week

'Use the financial market. If you don't use it, it may run away from you. Secondly, be very careful with the financial market. You can't overuse it.'

PCCW chairman Richard Li Tzar-kai, offering how-to-grasp-a-tiger-by-the-tail advice at a business conference

'I was lonely.'

1 Sep 2007 - 12:00am

South China revel in extra income

South China have bagged a staggering HK$10 million sponsorship deal for the coming Hong Kong First Division campaign after an astounding 2006-07 season when they swept three major titles.

1 Sep 2007 - 12:00am

Lai See

Much to speak of as Li's track record speaks volumes

He made his name by selling a loss-making business to Rupert Murdoch for a high price. He trumped Lee Hsien Yang, at the time Singapore Telecommunicatons' chief executive, by buying Hong Kong Telecom from Britain's Cable & Wireless in 2000.

31 Aug 2007 - 12:00am


What do you think of pay-TV services?

I am, sadly, leaving Hong Kong after seven years because my company has relocated me.

This means I have to cancel all my subscriptions.

31 Aug 2007 - 12:00am

PCCW profit climbs 3.3pc on pay TV, mobile growth

Earnings top HK$822m as turnover drops 17.7pc to HK$11.6b

PCCW, the city's largest fixed-line telephone and pay-television operator, reported a 3.27 per cent gain in first-half profit on increased earnings from its software unit and improved performance by its Now TV and 3G mobile-phone businesses.

30 Aug 2007 - 12:00am

PCPD net falls on lower property sales

Pacific Century Premium Developments, the property arm of PCCW, said half-year profit dropped 13.79 per cent on lower sales and interest income.

Net income for the six months to June fell to HK$606 million from HK$703 million a year ago, while turnover decreased 60.19 per cent to HK$2.1 billion.

The company kept interim dividend unchanged at 1.5 HK cents a share.

30 Aug 2007 - 12:00am


Today Interim: Beijing North Star, China Eastern Airlines Corporation, China Golden Development Holdings, China Metal International Holdings, China Yurun Food Group, CNOOC, Dah Sing Banking Group, Dah Sing Financial Holdings, Dongfeng Motor Group, Hainan Meilan International Airport, IRICO Group Electronics, Pacific Century Premium Developments, PCCW, Singamas Container Holdings, Television Bro

29 Aug 2007 - 12:00am