Canning Fok

Type: Person
Name: Canning Fok (Canning KN Fok)
First reported Mar 24 2014 - Updated Mar 24 2014 - 1 reports

Hutchison Whampoa owner to sell retail stake, forgoing IPO

Kerching for Ka-shing: Hutchinson Whampoa's owner has decided to sell the investment group's retail business to Temasek Holdings. The deal has seen shares in the company drop by 5.1 percentAsia’s richest man calls off IPO of AS Watson and agrees to sell ... [Published World Finance - Mar 24 2014]
First reported Mar 24 2014 - Updated Mar 24 2014 - 1 reports

Victor Li: currently held capital enough for Cheung Kong' de...

Victor Li: currently held capital enough for Cheung Kong' development 2014-03-21 19:02 Email Print New Window Size Victor Li, Cheung Kong Deputy Chairman and Managing Director, said the Group basically does not have debts, and the currently held capital ... [Published Aastocks.com - Mar 24 2014]
First reported Mar 21 2014 - Updated Mar 22 2014 - 1 reports

Superdrug owner’s London float scuppered by £3.4bn deal

A £3.4 billion deal between Asia’s wealthiest man Li Ka-shing and a Singaporean government fund has scuppered immediate hopes of a London float for the Hong Kong owner of Superdrug.Li’s Hutchison Whampoa had been planning to list retail group AS Watson, ... [Published London Evening Standard - Mar 21 2014]
First reported Mar 21 2014 - Updated Mar 22 2014 - 6 reports

Temasek Taking 25 Percent Stake In Li’s Flagship A.S. Watson

Temasek continues to increase its exposure to retail by taking a 24.95% stake in Hong Kong retailer A.S. WatsonThe Singapore state investment company Temasek Holdings Pte. Ltd. announced today that it is taking a 24.95% stake in Hong Kong-based A.S. Watson ... [Published Value Walk - Mar 21 2014]
First reported Mar 21 2014 - Updated Mar 21 2014 - 1 reports

Temasek buys 25% stake in AS Watson for $5.6bn

Singapore’s state investment arm Temasek Holdings has agreed to buy a 24.95% stake in AS Watson for HK$44 billion ($5.6 billion), parent company Hutchison Whampoa said on Friday.The deal values Hutchison Whampoa's international retail and manufacturing ... [Published Finance Asia - Mar 21 2014]

Quotes

"one investor is better than an ipo" Hutchison Managing Director Canning Fok told the media briefing of the stake purchase by Temasek, which The Wall Street Journal reported earlier
"they (temasek) liked it so much they offered us 25 percent, then mr. li said one investor is better than an ipo" Hutchison group managing director Canning Fok said at the press conference

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Hutchison Whampoa owner to sell retail stake, f... [Published World Finance - Mar 24 2014]
Victor Li: currently held capital enough for Ch... [Published Aastocks.com - Mar 24 2014]
Temasek buys 25% stake in AS Watson for $5.6bn [Published Finance Asia - Mar 21 2014]
Temasek Taking 25 Percent Stake In Li’s Flagshi... [Published Value Walk - Mar 21 2014]
Temasek to buy 24.95% of Li's Watson for US$5.6... [Published Dunya News - Mar 21 2014]
Temasek to buy 24.95pc of Li’s Watson for US$5.67b [Published Malay Mail - Mar 21 2014]
Superdrug owner’s London float scuppered by £3.... [Published London Evening Standard - Mar 21 2014]
Temasek, Watson in $5.7 Billion Deal -- Update [Published 4 Traders - Mar 21 2014]
Temasek to buy 24.95% of Li's Watson for US$5.6... [Published Yahoo! Singapore - Mar 21 2014]
Temasek in Talks to Buy Strategic Stake in A.S.... [Published Bloomberg - Mar 21 2014]
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