Hutchison Telecom: Successful Spin-Off and Listing of Hong Kong and Macau Operations on Hong Kong Stock Exchange
08 Mayo 2009 - 9:04AM
PR Newswire (US)
HONG KONG, May 8 /PRNewswire-Asia-FirstCall/ -- Hutchison
Telecommunications International Limited ('Hutchison Telecom';
SEHK:2332; NYSE: HTX) today announced the successful spin-off and
listing of the Company's Hong Kong and Macau operations on the Main
Board of The Stock Exchange of Hong Kong Limited ('Stock
Exchange'). The listing was by way of introduction of the shares of
Hutchison Telecommunications Hong Kong Holdings Limited ('HTHKH')
on the Stock Exchange which began trading on 8 May 2009
(SEHK:215SEHK:LevelSEHK:1SEHK:UnlistedSEHK:ADSSEHK:Ticker:SEHK:HTHKY).
As part of the spin-off, Peter Wong, the CEO and Executive Director
of HTHKH, resigned today from the Board of Hutchison Telecom. After
the spin-off, Hutchison Telecom remains a leading telecom company
focussed on growth in the dynamic markets of its Indonesia,
Vietnam, Sri Lanka, Thailand and Israel operations. About Hutchison
Telecommunications International Limited Hutchison
Telecommunications International Limited ('Hutchison Telecom' or
'the Group') is a leading global provider of telecommunications
services. The Group currently offers mobile and fixed-line
telecommunication services in Israel, and operates mobile
telecommunications services in Indonesia, Vietnam, Sri Lanka and
Thailand. It was the first provider of 3G mobile services in Israel
and operates brands including "Hutch", "3" and "Orange". Hutchison
Telecom is a listed company with American Depositary Shares quoted
on the New York Stock Exchange under the ticker HTX and shares
listed on the Stock Exchange of Hong Kong under the stock code
2332. A subsidiary of the Hong Kong-based Hutchison Whampoa Group,
Hutchison Telecom is dedicated to providing superior
telecommunications services in dynamic markets. For more
information about Hutchison Telecom, see http://www.htil.com/ .
Cautionary Statements This press release contains forward-looking
statements. Statements that are not historical facts, including
statements about the beliefs and expectations of Hutchison
Telecommunications International Limited ('the Company'), are
forward-looking statements. These statements are based on current
plans, estimates and projections, and therefore you should not
place undue reliance on them. Forward-looking statements speak only
as of the date they are made, and the Company undertakes no
obligation to update publicly any of them in light of new
information or future events. Forward-looking statements involve
inherent risks, uncertainties and assumptions. The Company cautions
you that if these risks or uncertainties ever materialise or the
assumptions prove incorrect, or if a number of important factors
occur or do not occur, the Company's actual results may differ
materially from those expressed or implied in any forward-looking
statement. Additional information as to factors that may cause
actual results to differ materially from the Company's
forward-looking statements can be found in the Company's filings
with the United States Securities and Exchange Commission. For
enquiries, please contact: Mickey Shiu Corporate Communications /
Investor Relations Hutchison Telecom Work: +852-2128-3107 Mobile:
+852-9092-8233 Email: DATASOURCE: Hutchison Telecommunications
International Limited CONTACT: Mickey Shiu, Corporate
Communications or Investor Relations of Hutchison Telecom,
+852-2128-3107 or mobile, +852-9092-8233, or Web Site:
http://www.htil.com/
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