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clp holdings ltd (2) Snapshot

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clp holdings ltd (2) Details

CLP Holdings Limited, an investment holding company, invests in, generates, and supplies electricity. The company generates electricity through coal, natural gas, nuclear, wind, hydro, and solar sources. It is also involved in the provision of pumped storage services; engineering services; retail of electricity and gas; and property investment, and research and development activities. As of December 31, 2014, the company’s portfolio comprised approximately 70 assets with a capacity of approximately 22,000 megawatts. It has operations in Hong Kong, Mainland China, India, Southeast Asia, Taiwan, and Australia. CLP Holdings Limited was founded in 1901 and is based in Kowloon, Hong Kong.

7,387 Employees
Last Reported Date: 03/13/15
Founded in 1901

clp holdings ltd (2) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: $15.2M
Chief Financial Officer, Group Director, Memb...
Total Annual Compensation: $9.1M
Managing Director of CLP Power Hong Kong
Total Annual Compensation: $9.3M
Managing Director of China
Total Annual Compensation: $6.8M
Managing Director of India
Total Annual Compensation: $5.6M
Compensation as of Fiscal Year 2014.

clp holdings ltd (2) Key Developments

CLP Holdings Limited Announces Executive Changes

CLP Holdings Limited announced the resignation of Dr. Rajiv Behari Lall as an Independent Non-executive Director to take effect after the conclusion of the Board of Directors Meeting to be held on 13 August 2015 and the appointment of Mrs. Zia Mody as an Independent Non-executive Director with effect from 2 July 2015. Dr. Rajiv Lall will also resign as a Member of the Finance & General Committee of the Board of CLP Holdings and Mrs. Zia Mody will be appointed a Member of the Human Resources & Remuneration Committee of the Board of CLP Holdings following their respective dates of resignation and appointment as Independent Non-executive Directors of CLP Holdings. Mrs. Mody is currently the Deputy Chairman, an Independent Non-executive Director and a Member of the Risk Committee of The Hongkong and Shanghai Banking Corporation Ltd. Mrs. Mody is also a Director of the London Court of International Arbitration (India) Private Limited.

CLP Holdings Announces Operating Results for the First Quarter of 2015

CLP Holdings announced operating results for the first quarter of 2015. For the quarter, the company reported that electric power it sold in Hong Kong and Mainland China fell 2.3% to 6.65 billion kilowatt hours. The company sold 6.48 billion kilowatt hours of electric power in Hong Kong in the first quarter, down 0.2%. Power sold to residents declined 7.1% to 123 million kilowatt hours due to warmer weather. Power sold to commerce, infrastructure construction, public service and manufacturing rose 1.3%, 2.4% and 9.9%. The company sold 167 million kilowatt hours of power in the first quarter, down 46.5% year on year.

CLP Holdings Ltd. Declares First Interim Dividend for 2015, Payable on June 15, 2015

Directors of CLP Holdings Ltd. declared the first interim dividend for 2015 of HKD 0.55 per share payable on June 15, 2015 to shareholders registered as at June 4, 2015. The dividend of HKD 0.55 per share is payable on the existing 2,526,450,570 shares in issue. The register of shareholders will be closed on June 4, 2015.


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