 |  |
(Hong Kong, 8 February, 2006) Hutchison Whampoa Limited ("HWL") announced that the Company's 95.4% owned subsidiary 3 Italia SpA ("3 Italia") obtained yesterday (Italian time 7 February) approval from Consob, the Italian securities regulator and therefore has received all relevant regulatory approvals required for the public offer and listing on the Italian Stock Exchange of 3 Italia's shares.
The proposed separate listing of 3 Italia is subject to 3 Italia's Board of Directors' approval of the offer price of the shares to be listed whose decision is dependent on, among other things, market conditions during the relevant time. A formal announcement would be made.
About Hutchison Whampoa Limited
Hutchison Whampoa Limited (HWL) is a leading international corporation committed to innovation and technology with businesses spanning the globe. Its diverse array of holdings range from some of the world's biggest retailers to property development and infrastructure to the most technologically-advanced and marketing-savvy telecommunications operators. HWL reports consolidated turnover of approximately HKD179 billion (USD23,000 million) and HKD109 billion (USD14,000 million) for the year ended 31 December 2004 and for the six months ended 30 June 2005 respectively. With operations in 53 countries and over 200,000 employees worldwide, Hutchison has five core businesses - ports and related services, telecommunications, property and hotels, retail and manufacturing, and energy and infrastructure.
Its flagship companies include Hutchison Port Holdings, Hutchison Telecom, Hutchison Whampoa Properties, A.S. Watson, and Cheung Kong Infrastructure.
For more information, please visit www.hutchison-whampoa.com
For inquiries, please contact:
Laura Cheung
Tel: (852) 2128 1289
Email : laurac@hwl.com.hk
Euginie Kwok
Tel: (852) 2128 1343
Email : euginiek@hwl.com.hk
| © Copyright 1996-2024 irasia.com Ltd. All rights reserved. |
|
DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any
information provided on this website. Under no circumstances shall irasia.com Ltd be liable
for damages resulting from the use of the information provided on this website.
TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited. TERMS OF USE: Please read the Terms of Use governing the use of our website. |