Hutchison Telecommunications Hong Kong Holdings Ltd (0215.HK)
23 Jan 2018
Latest Key Developments (Source: Significant Developments)
Hutchison Telecommunications Hong Kong Updates Final Consideration For Sale Of Hutchison Global Communications Investment Holding
Dec 27 (Reuters) - Hutchison Telecommunications Hong Kong Holdings Ltd <0215.HK>::FINAL CONSIDERATION FOR SALE OF HUTCHISON GLOBAL COMMUNICATIONS INVESTMENT HOLDING LIMITED IS HK$14,527 MILLION. Full Article
Hutchison Telecommunications Hong Kong Holdings Ltd <0215.HK>: Unaudited results for the six months ended 30 June 2016 <0215.HK> . Expects total FY dividend payout to be equivalent to 75% of annual profit attributable to shareholders . HY consol revenue HK$5.32 billion versus HK$11.02 billion last year . Says HY profit attributable to shareholders decreased by 26% to HK$376 million . The board of directors has declared payment of an interim dividend of 4.00 HK cents . "Group is planning ahead cautiously in the face of economic uncertainty locally and globally" . "Demand for sophisticated telecommunications network solutions has increased in carrier, corporate and business markets" . Full Article
HONG KONG Hutchison Telecommunications Hong Kong Holdings Ltd said on Sunday it agreed to sell its fixed-line telecoms business to I Squared Capital for about $1.9 billion, raising funds to invest into mobile phone services and for working capital.