Hong Kong's PCCW has held a much-publicized special shareholders meeting at which 75% present shareholders approved the buyout offer led by chairman Richard Li at the price of HKD4.5 per share, involving totally HKD15.9 billion.
Previous to this, the two major shareholders, Pacific Century Regional Developments, managed by Richard Li, and China Netcom, which is already […]

The Office of the Telecommunications Authority of the Hong Kong Special Administrative Region has announced that it has agreed on allowing privatizing PCCW, one of the largest and most comprehensive communications providers in Hong Kong.