Someone's out there

Article Abstract:

Hong Kong-based Jardine Matheson's property vehicle Hongkong Land is under threat from major shareholder Li Ka-shing, who controls Hutchison Whampoa and Cheung Kong. Li has acquired a 4.02% stake in Hongkong Land and a 4.01% stake in Jardine Matheson Holdings, both controlled by Simon and Henry Kewsick, direct descendents of the company's founder. Li is seen to have little chance of acquiring Jardine Matheson, but can afford to bid for Hongkong Land, which owns 40% of Hong Kong's commercial properties, either through a direct bid or by acquiring a 30% stake, which would automatically prompt bidding under the Bermuda code.

Lessors of Real Estate, Real Estate Operators and Lessors, Real Property Lessors, Finance, Real estate industry, Hong Kong Land Company Ltd., Landlords, Jardine Matheson and Company (Japan) Ltd.

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Orange is no lemon: Li Ka-shing's second UK foray looks promising

Article Abstract:

Li Ka-shing's Hutchinson Whampoa Ltd. of Hong Kong is working hard to see that its subsidiary Orange Personal Communications Services Ltd. mobile communications firm in Britain is successful. Li has appointed Hans Snook to run the company. Orange is expected to lead the industry by the year 2000 with a 25% market share, despite something of a shaky year in 1996 on the London Stock Exchange. Orange is committed to a large, sophisticated advertising campaign and claims the best customer loyalty of the leading British mobile phone firms.

Radiotelephone communications, Cellular Mobile Radio Services, Cellular and Other Wireless Telecommunications, Cellular telephone services industry, Cellular telephone services, Orange Personal Communications Services Ltd.

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Non-stick metal

Article Abstract:

The London Metal Exchange (LME), the leading metals exchange in the world, has managed to escape almost completely unscathed from the crisis at Sumitomo Corp, where a top trader has been arrested for copper trading fraud. The LME attracted considerable criticism for not taking action to uncover the fraud at an earlier stage, but has managed to maintain its dominant position, accounting for 95% of world metals trading.

Securities and Commodity Exchanges, Security and commodity exchanges, Commodity Exchanges, International trade, Investigations, Copper, Sumitomo Corp., London Metal Exchange Ltd.

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