Li Ka-shing expects to complete the sweeping reorganisation of his business empire in Hong Kong on March 18, according to the document detailing the steps that will be despatched to corporate shareholders today. Li – the chairman of Cheung Kong (Holdings) and Hutchison Whampoa, which have a combined market capitalisation of about HK$786 billion – announced last month that his two flagship conglomerates’ non-property assets, including ports, telecommunications, retail, infrastructure and energy, would be injected into a newly formed company, CK Hutchison Holdings (CKH Holdings), incorporated in the Cayman Islands. As part of the reorganisation, all property businesses including those overseas in the two companies will be injected into another new entity, Cheung Kong Property Holdings, which will seek a separate listing on the Hong Kong stock exchange by introduction. CK Property will be one of the city’s largest-listed property companies. In a filing with the Hong Kong stock exchange late on Thursday, Cheung Kong said its shares will be suspended on February 25 as shareholders meet to consider the approval of the scheme of arrangement for the proposed reorganisation. Trading of will resume the following day. The company’s timetable showed that trading of its shares will cease on March 10. This will be followed by a hearing on March 17 at the Court of First Instance of Hong Kong’s High Court for the petition to approve the scheme. The listing of Cheung Kong’s shares will be withdrawn from the city’s Main Board on March 18 at the same time that trading of CKH Holdings’ shares commences. The new structure could unlock up to HK$95 billion for Li Ka-shing’s group based on the estimated 2015 net asset value, and give newly formed CKH more financial flexibility to raise debt and make acquisitions, Nomura analysts said in a research note last month.