Sphere
#35
2014
06
INFRASTRUCTURE
Newmember
on the list
HK Electric Investments (HKEI)
was listed on the Hong Kong Stock
Exchange and commenced trading on
29 January 2014. HKEI Chairman,
Mr Canning Fok, said he is confident
of the company’s long-term prospects
and believes HKEI is a good stock with
a return of more than seven per cent.
Green cranes
Buenos Aires Container Terminal SA
(BACTSSA) received two hybrid rubber-
tyred gantry cranes, making it the first
company in South America to purchase
hybrid yard equipment. The two new
cranes have a lifting capacity of 40.6
tonnes, are environmentally friendly and
fuel-efficient, reducing fuel consumption
by 60 per cent.
PORTS
New Partners
On 13March, HutchisonPortsHoldings
Trust entered into strategic partnerships
withCOSCOPacific Ltd andChina Shipping
Terminal Development (HongKong)
Company Ltd. Each invested 40 per cent
and 20 per cent, respectively, of effective
equity and loan interests inAsia Container
Terminal Holdings Ltd and its group
companies, for an aggregate consideration of
USD319million.
CORPORATE
Caring, as always!
Forty companies of the HWL Group
have been selected to receive the
Caring Company award, a programme
in Hong Kong that recognises a firm’s
commitment to the community,
employees and the environment. HWL
has achieved this designation 10 years
in a row, and qualifies as a ‘10 years+
Caring Company’. Congratulations!
HWL’sEuro
Perpetual bond.
Theawardsgoto
...
Hutchison Whampoa’s EUR1.75
billion perpetual subordinated capital
security was selected as the Best Deal,
Hong Kong, and the Best Bond in Asia
in
The Asset
’s Triple A Awards. HWL
has been a leader in these awards
since they started.
NEWS
