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TASTY! CK HUTCHISON TICKLES YOUR TASTE BUDS a S Watson at 175 22 the Zen-Ity of Tsz Shan Monastery 14 Download Sphere Online the Future Is Now 20

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TASTY! CK HUTCHISON TICKLES YOUR TASTE BUDS a S Watson at 175 22 the Zen-Ity of Tsz Shan Monastery 14 Download Sphere Online the Future Is Now 20 #41 2016 CK HUTCHISON GROUP TASTY! CK HUTCHISON TICKLES YOUR TASTE BUDS A S Watson at 175 22 The Zen-ity of Tsz Shan Monastery 14 Download Sphere online The future is now 20 #41 2016 CK HUTCHISON GROUP TASTY! CK HUTCHISON TICKLES YOUR TASTE BUDS A S Watson at 175 22 The Zen-ity of Tsz Shan Monastery 14 Download Sphere online The future is now 20 Sphere Magazine #41 WELCOME December 2016 Cover Illustration By Kaliz Lee GOODNESS PERSISTS Taste is a surprisingly complex business. From simple juices to complex wines and healthy foods, IN A CHANGING WORLD our artist captures the moment of truth for many Offtimes, the world can seem a turbulent, easy for people to make wise choices of our businesses --- what happens when the taste topsy-turvy place. Old ways and old in an often confusing world. hits your tongue! institutions are questioned as their relevance seems to wane in the face of new challenges. Religious traditions can also provide guidance, continuity and serenity in a But some organisations adapt, grow and changing world. The Tsz Shan Monastery advance. The CK Hutchison Group is such not only provides modern architecture an organisation, and new technologies, in temples with ancient themes, but also new jobs and new opportunities emerge conducts contemporary outreach to work every day to the benefit of our employees, directly with people in Hong Kong’s urban customers, partners and communities. rough patches, to heal lives and souls. Within the Group, A S Watson is an While avoiding hubris, we can recognise exemplar of benevolent continuity as that this force for good arises from well- it reaches the milestone of 175 years in meaning and hard-working people with business. What does 175 years look like? common values and coordinated efforts. Over 13,000 stores, 132,000 people Mr Li Ka-shing addressed this thinking earning a living with A S Watson and recently at Shantou University, encouraging millions of customers getting what they students to humbly apply their talents to need from its outlets each year. be that force for good. Across the Group, our companies develop While there may always seem to be and deliver healthy products that not only turmoil roiling the heavens and earth, it is treat us right, but also delight our taste helpful to look around at the things that buds! Sometimes people need better persist and benefit humanity. From this we options to entice them to do the right thing can have the confidence to move onwards and CK Hutchison companies make it and upwards, with our spirits raised! Published by CK Hutchison Editor Designed and CK Hutchison Holdings In-house Editorial Team Andrew Work Produced by Limited Laura Cheung South China Morning All rights reserved. No part of this magazine Writer 22/F Hutchison House Jeremy Lau Alex Fok Post Publishers Ltd. may be reproduced without written permission 10 Harcourt Road Hans Leung Tel: +852 2565 2222 from CK Hutchison Holdings Limited. Opinions Central Erica Liu Printing expressed herein are those of the writers and do bigboXX.com Limited Editorial Hong Kong Wendy Luk David Vetter not necessarily reflect the opinion of CK Hutchison Ada Chan Creative Consultant Holdings Limited. All currency conversions Available on Creative Team are approximations. www.ckh.com.hk Feedback & Enquiries Pierre Pang [email protected] thewhamagency.com ©2016 by CK Hutchison Holdings Limited Illustrations Kaliz Lee Production Team Janice Fung Veronica Chiu Joyce Wu 01 CONTENTS 04 NEWS BITES 9COVER STORY Ports and Related Services Retail TASTE OF Telecommunications Infrastructure Energy CK HUTCHISON CK Hutchison has a very distinct And more! flavour — and it’s on the tip of your tongue. 22 RETAIL FOCUS A S Watson at 175 Over 175 years of giving people what they need. The scope of A S Watson across Asia and Europe is truly staggering. SPHERE #41 2016 02 14 COMMUNITY FEATURE Beyond Zen Mindful of tradition and modernity, the Tsz Shan Monastery, funded by the Li Ka Shing Foundation, connects with the sublime — and the community. 20 PHILANTHROPY FOCUS In the dark, be a light Mr Li challenges students at Shantou University to grow and take on the world. 03 SPHERE #41 2016 NEWS Telecoms 3 INDONESIA EMPOWERS YOUNGTREPRENEURS 3 Indonesia’s Festival #Ambisiku (Ambition Festival) has been blazing a path across Indonesia, igniting entrepreneurship in young Indonesians. Some projects present the work of young online entrepreneurs through workshops and talk shows while others allow aspiring young business people to present their creative ideas to be realised in partnership with 3 Indonesia. Rise up, young entrepreneurs! An Italian giant is born 3 Italia and WIND have merged their operations into a telecoms powerhouse PIZZA FOR THE PEOPLE! in Italy serving over 31 million mobile customers and 2.7 million fixed line customers. Canning Fok, CK Hutchison Group Co-Managing Director, hailed Vietnamobile launched a unique telecoms package with offers on voice, SMS, data, the merger as a “major milestone in the development of Italy’s digital economy” OTT and other services through a Pizza that would bring “benefits to businesses and consumers across Italy –– through SIM. Just like a DIY pizza, you can pick greater reliability, coverage and speed”. your telecoms toppings, giving young Vietnamese consumers the choice they crave! Jean-Yves Charlier, Chief Executive Officer of VimpelCom, emphasised the merged entities’ potential “to build a world-class 4G/LTE network in Italy” REALLY REALITY ROAMING to deliver benefits including improved “call quality and strengthened data services as soon as 2017”. From a business perspective, Mr Charlier says, Reality TV star Joey Essex launched 3 UK’s expansion of their free roaming “The new company looks forward to delivering on the EUR700 million run-rate services to an astonishing 42 countries of annualised Opex and Capex synergies that the transaction will bring.” where 3 UK customers can use their homeland telecoms allotment under the Feel at Home programme. 3 IRELAND IS RÍ-ALLY THE KING 3 Ireland carries more data on its network than all the competition combined –– over 1,747 terabytes a week! That’s a 77 per cent increase from 2015 and equivalent to four million songs streamed every hour. That means 3 Ireland can handle the huge demand arising from their new partnership with Deezer, which gives customers access to the world’s leading on-demand music streaming service and its over 40 million songs. SPHERE #41 2016 04 Energy Ports First steam at Edam West LEADING THE WORLD On the ground at the Edam West Thermal Project, first steam saw the Saskatchewan project follow the Edam East and Vawn thermal developments The horizon is the meeting point of sea and sky –– and people, partners, experience in driving Husky Energy’s high-tech and low-cost approach to producing and expertise that make Hutchison Ports heavy oil. Full steam ahead! ‘The World’s Leading Port Network’. The company’s rebrand uses the horizon as the focal point of its logo and its value framework “UNITY” –– ‘Unrivalled Standards’, ‘Network Strength’, ‘Informed Decisions’, ‘Trusted and Honest’, and ‘Your Partners’. PORTS GO GREEN REDUX Hutchison Ports again took part alongside industry counterparts around the world to put on community events focusing on themes of reuse and recycling, climate change and the community in Go Green 2016. Activities included numerous tree plantings and beach cleanings as well as environmental workshops for students. And Yantian International Container Terminals became the first port in Mainland China to use ‘cold-ironing’ shoreside power supply units, part of a USD38.8 million investment to reduce shoreside emissions. Way to get your green on, Hutchison Ports! GOOD FOR BUSINESS, GOOD FOR THE PLANET Hutchison Ports broke new ground on the building of the Stockholm Norvik Port and the Norvik Logistics and Business Park. Its expected opening in 2019/2020 HAPPY HUSKY ON THE MOVE “will deliver economic and environmental benefits for trade serving the Stockholm Husky Energy employees in Calgary took part in a cross-Canadian event, the Big Bike region,” according to Clemence Cheng, Challenge, raising funds for the Heart and Stroke Foundation. Company mascot Happy Managing Director, Europe Division, the Husky joined colleagues on a 30-person bicycle to support heart and stroke research, Hutchison Ports. education and prevention. MADURA STRAIT ON TRACK Around the world, Husky Energy’s Madura Strait project saw the Indonesian operations hit important milestones. The infrastructure for the liquid-rich BD field is approximately 90 per cent complete and on schedule to start up production next year. Gross production is estimated at 100 million cubic feet per day of gas and 6,000 barrels per day of associated liquids. 05 SPHERE #41 2016 NEWS Awards Retail CK Hutchison Watsons in China: YUGE! companies strive to excel – and the world Watsons China is growing rapidly. Its outlets increased by over 64 per cent in two years to reach 2,800 outlets. Over 410 cities in the Mainland now benefit notices! from a Watsons’ presence! CK HUTCHISON WINS ON GOVERNANCE CKHH won the “HKCCA Award Hong Kong In-House Team of the Year” from the Hong Kong Corporate Counsel Association, presented at The Macallan Asian Legal Business Hong Kong Law Awards 2016. The Group also nailed both “Best Company in Hong Kong” and “Best Company in Asia (Conglomerate)” at the Finance Asia Platinum Awards. Corporate CROSS-GENERATION ADVENTURE There’s more! CK Hutchison won the CKHH’s volunteer team visited Yan “Judges’ Special Award” at the Hong Oi Tong to work with teenagers to help Kong Management Association Best them develop empathy and respect for Annual Reports Awards. In particular, the elderly through activities aimed at the Group’s efforts to “streamline and understanding the daily challenges faced highlight the changes between last year by senior citizens.
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