PCCW chairman continues to up stake

16 Apr 2007

PCCW chairman Richard Li, who failed in a bid last year to sell his controlling stake in Hong Kong’s largest fixed line telco, bought an additional 55.78 million shares in the company for HKD267 million (USD34 million) last week, raising his personal stake to 28.01% from 27.25%, according to a stock exchange disclosure.

Hong Kong, HKT (incl. CSL), PCCW Group