Business Highlights
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Business Highlights January to June Hutchison Global Communications Limited (“HGC”) GAMECO breaks ground for its Qingyuan Landing launches its Retail Cloud solution to enterprises of Gear Overhaul Base Longwan Shop in South China. all sizes. The Cheung Kong Group completes its reorganisation A S Watson Group’s Health & Beauty Benelux has and creates CK Hutchison Holdings Limited and reached an agreement to acquire all 50 stores of Cheung Kong Property Holdings Limited. the Dirx health and beauty retail network with an additional five locations being rolled out in the CKI and Power Assets Holdings Limited (“Power Netherlands. Assets”) introduce a strategic investor, Qatar Investment Authority, to HK Electric Investments CK Life Sciences Int’l (Holdings) Inc (“CK Life (“HKEI”) through the sale of interests in HKEI. Sciences”) completes the acquisition of three of McWilliam’s vineyards in Australia. Barcelona Europe South Terminal acquires 20% shareholding interest in Depot tmZ Husky Energy commences oil production at the Services S.L.. Sunrise Energy Project in northern Alberta and starts steaming at the second of its two processing Husky Energy commences production at the South plants in the second half of the year. White Rose project in the Jeanne d’Arc Basin offshore Newfoundland and Labrador. 3 UK reaches agreement with Telefónica SA to acquire O2 UK to provide UK customers with better 3 Hong Kong harnesses the combined strengths service and innovation. of 4G LTE and Wi-Fi to launch Voice Over Wi-Fi service. CK Hutchison and CKI complete the acquisition of Eversholt Rail Group, a rolling stock company in the UK, for an enterprise value of approximately £2.5 billion. 3 8 CK Hutchison Holdings Limited July to december 3 Indonesia is granted LTE readiness operator Berth 9 Extension opens at the Port of Felixstowe, status by the Ministry of Communications to roll increasing the port’s capability to work two of the out its new 4G LTE network. world’s largest container ships simultaneously. UK Rails signs a contract with First Great Western Husky Energy completes installation of the jacket of the United Kingdom to procure and finance 173 and wellhead platform for the BD liquids-rich gas new trains worth over £360 million. development project in Madura Strait, Indonesia. 3 Italy announces the agreement to merge with 3 Denmark expands 3LikeHome to include the US Wind to offer greater 4G coverage and higher data so their customers can now use their phones at no speeds in Italy. extra roaming cost in 28 countries. A S Watson Group opens its 12,000th retail store CKI and Power Assets complete the acquisition of worldwide. Iberwind - Desenvolvimento e Projectos, S.A., a wind energy company in Portugal. 3 Austria launches the biggest 4G network in Austria. 3 Macau’s 4G network goes live. 3 UK is the first UK operator to enable voice calls using Voice Over LTE on its 4G network. 2015 annual report 9.