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i-cable communications ltd (1097) Details

i-CABLE Communications Limited, an investment holding company, provides integrated communications services in Hong Kong. The company owns and operates wireline telecommunications network, which provides television, broadband, telephony, and multimedia services to approximately two million households. It produces television, film, and multimedia content focusing on news, information, sports, and entertainment. The company operates through two segments, Television, and Internet and Multimedia. The Television segment offers television subscription, advertising, channel carriage, television relay service, program licensing, network maintenance, and other television related services. The Internet and Multimedia segment is involved in operations related to broadband Internet access, portal operations, mobile content licensing, and voice over Internet protocol telephony activities, as well as other Internet access related businesses. The company also provides technical services. The company was incorporated in 1999 and is based in Tsuen Wan, Hong Kong. i-CABLE Communications Limited is a subsidiary of The Wharf (Holdings) Limited.

2,137 Employees
Last Reported Date: 03/22/17
Founded in 1999

i-cable communications ltd (1097) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $4.8M
Chief Financial Officer and Director
Total Annual Compensation: $3.2M
Compensation as of Fiscal Year 2016.
i-cable communications ltd
i-CABLE Communications Is Expected To Vote To Consider Offer From Forever Top

i-CABLE Communications Limited (SEHK:1097) is expected to be put to vote the offer made by Forever Top (Asia) Ltd. at an i-CABLE shareholders extraordinary meeting scheduled for May 29, 2017.

Forever Top Reportedly Interested In i-CABLE

Forever Top a consortium headed by property tycoon David Chiu Tat- cheong, has reportedly shown interest to invest in i-Cable Communications. The Wharf (Holdings) Limited (SEHK:4) earlier said it failed to reach a deal to sell its TV and internet broadband business, held by i-Cable, and that it would no longer renew its current funding commitments to its unit upon expiry. i-Cable has now taken the initiative to look for new investors as it needs capital infusion of over HKD 1 billion.

i-CABLE Communications Limited Auditor Raises 'Going Concern' Doubt

i-CABLE Communications Limited filed its Annual on Mar 22, 2017 for the period ending Dec 31, 2016. In this report its auditor, KPMG LLP - Klynveld Peat Marwick Goerdeler, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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