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hutchison whampoa ltd (13) Snapshot

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hutchison whampoa ltd (13) Details

Hutchison Whampoa Limited, an investment holding company, operates in ports and related services, property and hotels, retail, infrastructure, energy, and mobile telecommunications businesses worldwide. The company engages in the development and operation of ports and container terminals. It has a network of 319 berths in 52 ports. The company also offers property investment, agency, and management services; develops residential complexes; and develops and operates hotels and resorts. In addition, it operates approximately 11,400 retail stores comprising health and beauty, luxury perfumeries and cosmetics, and electrical appliances, as well as supermarkets; and manufactures and distributes bottled water and other beverage products under the Watsons Water and Mr. Juicy brands. Further, the company invests in energy infrastructure, transportation infrastructure, water infrastructure, waste management, and infrastructure related business; and integrated energy companies. Additionally, it provides mobile telecommunications services to approximately 82.7 million customers; mobile services under the 3 brand; fixed-line services for local and international customers under the Hutchison Global Communications brand; and Internet, broadband, and connectivity services. Hutchison Whampoa Limited is based in Hong Kong, Hong Kong.

280,000 Employees
Last Reported Date: 04/29/15

hutchison whampoa ltd (13) Top Compensated Officers

Group Managing Director, Executive Director, ...
Total Annual Compensation: $194.0M
Group Finance Director and Executive Director
Total Annual Compensation: $47.9M
Deputy Chairman, Chairman of Cheung Kong Infr...
Total Annual Compensation: $54.9M
Deputy Group Managing Director, Executive Dir...
Total Annual Compensation: $49.1M
Executive Director and Group Managing Directo...
Total Annual Compensation: $44.7M
Compensation as of Fiscal Year 2014.

hutchison whampoa ltd (13) Key Developments

Hutchison Whampoa And VimpelCom Reportedly Mull Listing Of Venture

Hutchison Whampoa Limited (SEHK:13) and VimpelCom Ltd. (NasdaqGS:VIP), which are in talks to merge their mobile-phone businesses in Italy, are looking for listing of assets., according to people close to the matter. The news report mentioned that spokesmen for VimpelCom and Hutchison declined to comment on the IPO (Initial Public Offering) possibility. The firms are projecting an accord over the next three months, Bloomberg News reported. Getting regulatory approval for the eventual merger of units could take as long as a year, one of the people said.

Hutchison Whampoa Limited(SEHK:13) dropped from Hang Seng Index

Hutchison Whampoa Limited will be removed from Hang Seng Index.

VimpelCom And Hutchison In Discussions For Joint Venture

VimpelCom Ltd. (NasdaqGS:VIP) confirmed that it is discussions with Hutchison Whampoa Limited (SEHK:13) regarding a possible equal joint venture between Hutchison’s subsidiary 3 Italia S.p.A. and VimpelCom’s subsidiary Wind Telecomunicazioni SpA. “There can be no assurances that an agreement will be signed and any transaction would be subject to, among other things, achieving satisfactory debt levels and obtaining all required corporate and regulatory approvals,” VimpelCom Chief Executive Officer Jean-Yves Charlier said in the statement. Negotiations between Hutchison and VimpelCom now focus on the structure of the venture, which would have more than 30 million customers and about $7.2 billion in 2014 revenue, people familiar with the matter said this week. The companies are projecting an agreement over the next three months, said one of the people.


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