Hutchison Whampoa Limited 和記黃埔有限公司

Hutchison (Three) negotiating to buy O2
Company announcement, 23-Jan-2015
We'll be impressed if they can get that past UK and EU competition regulators. It would reduce UK consumer choice to three major mobile spectrum-holders: Hutch-O2, BT-EE and Vodafone.
Webb on "Newswrap" re CKH-HWL restructuring
RTHK, 9-Jan-2015
CKH-HWL mega-shakeupCompany registration
Company announcement, 9-Jan-2015
So now we know why CK Hutchison Holdings Ltd (Cayman) was registered in HK on New Year's Eve. We saw it, but didn't know what it was for.
Supermarkets: Consumer Council calls for Competition Commission probe
Company media release, 19-Dec-2013
Now you understand why Hutchison Whampoa was trying to sell Park'N Shop. They still have a while to enjoy their margins: the Competition Ordinance was pased in Jun-2012 but won't take effect for some time, so anti-competitive behaviour (if any) is still legal in HK. The Commission was appointed on 1-May-2013 but doesn't even have a web site yet. The Government does not seem anxious to get things moving.
Alibaba's spotlight on HK regulation
10 years after the Expert Group report, Alibaba's requests spotlight the unresolved conflict of interests of HKEx between profit and regulation, creating an opportunity for Government to put this back on the agenda. They should now follow through, strip HKEx of its regulatory role, create a Listings and Takeovers Authority under the SFC, and remove the special provisions of HKEx's own constitution which make it a Government-controlled company. (18-Sep-2013)
Ex-ParkNShop staff gets 5 years for HK$9m fraud over food expiry labels
ICAC, 27-Mar-2013
We've often wondered - why is it that most ParkNShop outlets don't have parking? Is this a mis-labelling itself?
Parallel goods trader jailed for bribery over sale of iPad2s
ICAC, 14-Nov-2012
iPad2? That's so last year!
Four sentenced for bribery over sale of milk powder
ICAC, 27-Aug-2012
Three more charged for alleged roles in smart phones scam
ICAC, 17-Feb-2012
Six charged with fraud and bribery over sale of milk powder
ICAC, 14-Feb-2012
Despite its name, A.S. Watson Group (HK) Ltd is incorporated in the British Virgin Islands. It is 100%-owned by Hutchison Whampoa Ltd (0013).
Subsidiary of Hutchison Whampoa Ltd v Town Planning Board
HK Court of Appeal, 18-Jan-2012
Hutch fails to turn car slots into store
HK Standard, 22-Nov-2011
Subsidiary of Hutchison Whampoa Ltd v Town Planning Board
HK Court of First Instance, 21-Nov-2011
The judge makes a common error in paragraph 1: Turbo Top, which owns the site and building known as the Cheung Kong Centre, is not a subsidiary of Cheung Kong (Holdings) Ltd. It is in fact wholly-owned by Hutchison Whampoa Ltd, which is only an associated company of CKH. CKH owns 49.9% of HWL.
Duo charged with fraud over sale of smart phones
ICAC, 10-Nov-2011
SFC's neighbours will celebrate
The SFC, to the relief of fellow tenants, is reportedly set to move out of Chater House in June 2013. We ask why the police and their masters have been so reluctant to enforce the Noise Control Ordinance against protestors, and what tenants and passers by at their reported new home can look forward to. The landlord, controlled by HK's biggest tycoon, has 7 listed companies and 2 REITs in the group, all ultimately regulated by the SFC, so there is a risk of future perceived conflicts of interest which it would have been better to avoid. (22-Aug-2011)
CRE: more needed on the port flip
CRE (0291) has issued a bland denial that its parent owes it anything under the profit-share for the on-sale of its stake in Hutchison's ports. The calculation under that agreement in itself amounts to a connected transaction. We call for full disclosure of the apportionment of proceeds received by CRH, backed up by independent valuation of the other assets CRH bundled in. Without better information, we conservatively estimate a gain of $1,927m. The interests of CRE independent shareholders have not yet been protected. (28-Jan-2011)
HPH Trust is no loss to HK
Singapore has invested over US$5bn in Hutchison's ports, so it is not surprising that HPH is listing there. We look at the other incentives, and the governance concerns for the Business Trust structure. We also ask why China Resources Enterprise (291) has not disclosed the outcome of its profit-sharing after CRH flipped its port stakes to HPH. (21-Jan-2011)
Vodafone's potential US$2bn+ claim against Hutch
After selling its Indian business to Vodafone in 2007, HTIL shrank itself by distributing proceeds, as well as its HK business, to shareholders, leaving far less in net tangible assets than the US$2bn+ Indian capital gains tax claim now levied against Vodafone. HTIL was privatised last month. If the tax is upheld, Vodafone may claim it back under an HTIL indemnity. How much is that worth now, and will HWL shareholders carry the can? (23-Jun-2010)
Government supermarket vouchers
Supermarket vouchers are often used as a sales incentive in HK, for anything from minibonds to TVs. The Government's last proposal for a competition law would still allow behaviour such as resale price maintenance, which the EU outlaws because it is "severely anti-competitive". Have you ever wondered how much those supermarket vouchers actually cost? A government tender to buy them reveals the answer. (27-Mar-2010)
The paid advert opposing the blackout rule
With links to the signatories in Webb-site Who's Who. (29-Dec-2008)
Inland Revenue v Hongkong International Terminals Ltd: costs
HK Court of Final Appeal, 26-Jun-2008
Inland Revenue v Hongkong International Terminals Ltd
HK Court of Final Appeal, 19-May-2008
Inland Revenue v Hongkong International Terminals Ltd
HK Court of Final Appeal, 4-Dec-2007
Hongkong International Terminals Ltd v Inland Revenue
HK Court of Appeal, 24-Jul-2007
Hongkong International Terminals Ltd v Inland Revenue
HK Court of Appeal, 13-Feb-2007
Breach of Listing Rules: late disclosure of large exposure to 4 customers under Practice Note 19
Company announcement, 6-Oct-2006
Note: estimates that the 4 unnamed customers were groups of which the following are the parents: (1) Cheung Kong (Holdings) Ltd and Hutchison Whampoa Ltd; (2) PCCW Ltd; (3) New World Development Co Ltd; and (4) Kerry Properties Ltd.
AGM Results
Company web site, 22-May-2003
Hutchison Whampoa voting advice
The 16th AGM in Project Poll is on 22-May-03. We urge shareowners to vote against the re-election of a banker as an independent director, and protect their investment by voting against the general mandate. (9-May-2003)
SFC Prosecutes Ms Katherine Hung Siu Lin under the Securities (Disclosure of Interests) Ordinance
SFC, 17-Sep-2002
SFC prosecutes Mr Simon Murray under the Securities (Disclosure of Interests) Ordinance
SFC, 15-Jan-2002
Out of Sight
Have you ever wondered why Cheung Kong (Holdings) owns 49.9% of Hutchison Whampoa and not a fraction more? Back in Feb-97, CKH stated its intention to increase its holding beyond 50% as soon as possible. looks at the structuring regularly used by the pair, which puts their development projects off-balance sheet and outside the scope of certain rules on connected transactions. Out of sight, and out of mind - it is high time the Stock Exchange closed the loophole. (29-May-2001)
ICG Asia's HK Put Option
ICG Asia, HK-listed subsidiary of Nasdaq-listed Internet Capital Group, last week announced a huge loss in its 2000 annual results, including a HK$1.02bn (US$130m) provision against its toys and properties business. asks whether things are as bad as they look, and we query the implications of a put option over the toys and properties business which if exercised, could give the benefit of a $1bn discount to Hutchison Whampoa. (10-Apr-2001)
3G in HK
A fascinating debate is going on in HK about how the Government should dispose of the radio spectrum needed to launch third generation (3G) mobile services. Two arms of the Li family, PCCW and Hutchison, appear on opposite sides of the spectrum debate. Auctioning the licenses could wipe out the budget deficit for several years, without introducing sales taxes or selling off the MTRC - examines the issues. (9-Jun-2000)
Insider Dealing Tribunal Report regarding trading prior to announcement of HSBC's sale of 22% of HWL to CKH
IDT, 1-Mar-1982

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