Pacific Century Regional Developments, the Singapore-listed holding company of billionaire Richard Li Tzar-kai, yesterday filed a statement with the stock exchange saying it intends to challenge the ruling that blocked its plan to privatize PCCW<0008>, Hong Kong's largest fixed-line operator.The statement said...
Hong Kong-based Pacific Century Group, which is controlled by business tycoon Richard Li Tzar-kai, has inked a deal worth around US$500 million with American International Group Inc to take over part of the U.S. company鈥檚 investment advisory and asset management arm, AIG Investments, sources reported on...
Hong Kong-based Pacific Century Group, which is controlled by Richard Li Tzar-kai, the son of Hong Kong鈥檚 richest man, Li Ka-shing, is actively considering joining the Franklin Templeton-led consortium that is in exclusive negotiations to acquire AIG Investments, the asset-management arm of struggling American...
Nov. 5, 2008 (China Knowledge) - PCCW<8>, Hong Kong's largest and most comprehensive communications provider, said late last night that Chairman Richard Li Tzar-kai and China Netcom Group Corp have offered to buy out the...
A court yesterday rejected Hong Kong tycoon Richard Li鈥檚 appeal to overturn a court decision blocking his controversial $2.1 billion buyout bid for telecoms giant PCCW. PCCW chairman Li moved to appeal in May after a judge ruled against the plan in April, saying a shareholder vote on privatizat...
Richard Li Tzar-kai, chairman of PCCW Ltd<0008>, the biggest telecom carrier in Hong Kong, recently again raised his shareholding in PCCW to 28.75% from the previous 28.74%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.HKEx said that Li bought 744,000 shares of the...
Richard Li Tzar-kai, chairman of PCCW Ltd<0008>, the biggest telecom carrier in Hong Kong, recently again raised his shareholding in PCCW to 28.70% from the previous 26.67%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>....
Richard Li Tzar-kai, chairman of PCCW Ltd<0008>, the biggest telecom carrier in Hong Kong, recently raised his shareholding in PCCW to 28.67% from the previous 28.6%, according to the bourse operator Hong Kong Exchanges and Clearing (HKEx)<0388>. Information from HKEx showed that Li bought 4.28...
HONG KONG, April 22 - Hong Kong tycoon Richard Li, who is leading a proposed privatisation of his phone company, PCCW Ltd, said he may appeal a Wednesday ruling that blocks the $2.2 billion deal....
HONG KONG, March 9 - PCCW <0008.HK> chairman Richard Li has defended a $2.2 billion bid to take Hong Kong's dominant telco private, saying he was not involved in any vote buying and was not...