Wharf (Holdings) Limited (The) 九龍倉集團有限公司
Competition Commission to preserve cartel profits at container terminal
HK Competition Commission, 12-Aug-2020
Almost anything arriving by sea for the HK market lands at the 23 berths (96%) operated by the cartel. Rather than require competition, the CC would allow the 2 operators and 4 owners to lock in margins via price-fixing indexed at 2019 levels. The CC says "the price and margin trends... suggest limited competitive pressure on the Parties from outside Kwai Tsing". HK consumers pay for this, and there's no requirement to publish the accounts which show those margins. How disgraceful. It's becoming the Anti-Competition Commission.
HK Competition Commission, 12-Aug-2020
Almost anything arriving by sea for the HK market lands at the 23 berths (96%) operated by the cartel. Rather than require competition, the CC would allow the 2 operators and 4 owners to lock in margins via price-fixing indexed at 2019 levels. The CC says "the price and margin trends... suggest limited competitive pressure on the Parties from outside Kwai Tsing". HK consumers pay for this, and there's no requirement to publish the accounts which show those margins. How disgraceful. It's becoming the Anti-Competition Commission.
The paid advert opposing the blackout rule
With links to the signatories in Webb-site Who's Who. (29-Dec-2008)
With links to the signatories in Webb-site Who's Who. (29-Dec-2008)
Wharf voting advice
The 22nd AGM in Project Poll, and we urge investors to vote against the issue mandate. After all, we don't mandate boards to buy back shares from chosen shareholders at a premium to market price, so why should they be allowed to issue shares to chosen shareholders at a discount? (20-May-2003)
The 22nd AGM in Project Poll, and we urge investors to vote against the issue mandate. After all, we don't mandate boards to buy back shares from chosen shareholders at a premium to market price, so why should they be allowed to issue shares to chosen shareholders at a discount? (20-May-2003)
Perfect Treasure buys Wharf's Sichuan Cable TV
Local camera distributor Perfect Treasure has just bought 70% of Artland International, which has a 50% stake in a cable TV business in Sichuan province. What they didn't mention was that Artland was once 70% owned by Wharf, controlling shareholder of recently floated i-Cable Communications. (25-Jan-2000)
Local camera distributor Perfect Treasure has just bought 70% of Artland International, which has a 50% stake in a cable TV business in Sichuan province. What they didn't mention was that Artland was once 70% owned by Wharf, controlling shareholder of recently floated i-Cable Communications. (25-Jan-2000)
i-Cable Payday
By popular request, we give you our views on i-Cable Communications, the Wharf spin-off which is set to begin trading on Wednesday 24-Nov. (23-Nov-1999)
By popular request, we give you our views on i-Cable Communications, the Wharf spin-off which is set to begin trading on Wednesday 24-Nov. (23-Nov-1999)
Third Time Lucky for Harbour Centre?
Just days after denying any intentions, Wharf now says it is considering privatising Harbour Centre Development. Wharf hopes this is third time lucky - we take a look at the previous failed attempts, and reveal some information on Harbour Centre's investment portfolio. (20-Jul-1999)
Just days after denying any intentions, Wharf now says it is considering privatising Harbour Centre Development. Wharf hopes this is third time lucky - we take a look at the previous failed attempts, and reveal some information on Harbour Centre's investment portfolio. (20-Jul-1999)
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