Li Ka-shing’s Power Assets to IPO HK Electric
Posted on 01/13/2014
Hong Kong Billionaire Li Ka-shing controls Power Assets Holdings Ltd, an investment entity that invests in power and utility-related businesses. The business magnate is seeking to sell local regulated assets in favor of overseas regulated assets in Australia, Europe and parts of Southeast Asia. Li is seeking to spin off Hongkong Electric Company, Hong Kong’s […]