Hutchison Telecom Announces Formation of Independent Board Committee and Appointment of Independent Financial Adviser
By Hutchison Telecommunications International Limited, PRNEThursday, January 14, 2010
HONG KONG, January 15 - Hutchison Telecommunications International Limited ("Hutchison Telecom"
or the "Company"; SEHK: 2332, NYSE: HTX) today announced that its board of
directors has established an independent board committee (the "Independent
Board Committee") comprising Mr Kwan Kai Cheong and Mr Kevin Westley, both
independent non-executive directors of Hutchison Telecom, and has, with the
approval of the Independent Board Committee, appointed Somerley Limited as
the independent financial adviser to advise the Independent Board Committee,
in connection with the Company's privatisation proposal and for the purposes
prescribed by the Hong Kong Takeovers Code.
About Hutchison Telecommunications International Limited
Hutchison Telecommunications International Limited ('Hutchison Telecom'
or 'the Group') is a leading provider of telecommunications services. The
Group currently offers mobile telecommunications services in Indonesia,
Vietnam, Sri Lanka and Thailand, operating brands "Hutch", "3" and
"Vietnamobile".
Hutchison Telecom is a listed company with American Depositary Shares
quoted on the New York Stock Exchange under the ticker HTX and shares listed
on the Stock Exchange of Hong Kong under the stock code 2332. A member of the
Hong Kong-based Hutchison Whampoa Group, Hutchison Telecom is committed to
providing superior telecommunications services in dynamic markets. For more
information about Hutchison Telecom, see www.htil.com .
For enquiries, please contact: Ada Yeung Corporate Communications Hutchison Telecom Tel: +852-2128-3106 Mobile: +852-6347-0619 Email: adayeung@htil.com.hk Nicky Lee Investor Relations Hutchison Telecom Tel: +852-2128-3163 Email: nickylee@htil.com.hk
Ada Yeung, Corporate Communications, +852-2128-3106 or Mobile, +852-6347-0619, adayeung at htil.com.hk; Nicky Lee, Investor Relations, +852-2128-3163, nickylee at htil.com.hk, both of Hutchison Telecom
Tags: Asia, Hong Kong, Hutchison Telecommunications International Limited, United Kingdom