Page 6 - Sphere No.14 (Jul 2005)

Going Places with Harbour
Plaza Hotels & Resorts
Harbour Plaza Hotels & Resorts (HPHR) has long
provided travellers with the perfect destination. Now
there is help with the travel, too.
HPHR has announced a partnership with Asia Miles,
Asia’s leading travel reward programme. Guests will be
awarded Asia Miles for each stay at any of the group’s
five Hong Kong hotels and two mainland properties.
To celebrate the partnership, all the hotels are offer-
ing double Asia Miles through to early September.
Additionally, selected restaurants at the group’s Hong Kong
properties are awarding Asia Miles to dining patrons.
FURTHER
DEVELOPMENT
OF KARACHI
PORT
Karachi International
Container Terminal (KICT),
a subsidiary of HPH is
working with the Karachi
Port Trust (KPT) on further
development of the West
Wharf at Karachi Port. As
well as extending the exist-
ing concession period, this
project involves deepening
the alongside draft, enhanc-
ing handling capacity and
providing additional
container yard equipment.
HPH’s investment in KICT
has strengthened Karachi’s
role as the region’s premier
transport hub and enabled
it to handle Pakistan’s
fast–growing international
trade. P
GROUNDBREAKING CEREMONY
FOR ZHUHAI PHASE II
Hutchison Port Holdings (HPH) has recently received
approval from the National Development and Reform
Commission for the Phase II project at Zhuhai International
Container Terminals (Gaolan) (ZICT(G)). With the economic
growth in southern China, HPH is well-positioned to meet
the increasing demand for port services in the region.
A joint venture between Hutchison Delta Ports (HDP) and
Zhuhai Port Enterprises Group Company, ZICT(G) is in a key
position to become the
shipping hub of the western
Pearl River Delta. Phase II
will make ZICT(G) even more
attractive to shipping
companies by providing two
new 50,000-tonne container
berths, plus a total quay
length of 824 metres and
depth alongside of 15
metres - capable of handling
large container vessels up to
70,000 tonnes.
S PHERE 4
Turnover and Profits up again at HHR
Hutchison Harbour Ring (HHR) performed strongly again in
2004. Turnover grew by 18.7% to HK$2,602 million, while
profits attributable to shareholders went up 14.2% to HK$163
million. Earnings per share rose to HK2.43 cents.
Toys still account for the largest proportion of revenues,
though the rising cost of plastics has had an impact on
profitability. HHR’s diversification strategy has been highly
effective, with the new technology operations achieving
growth of 191% in earnings before interest expense and
taxation to HK$52 million. R
New Partners in
UK Infrastructure
Investment
Cheung Kong
Infrastructure
Holdings Limited
(CKI) has welcomed
new strategic
partners to its
investment in North of
England Gas Distribution
Network (NEG). CKI has sold
9.9% of NEG shares to
Challenger Life No. 2 Limited
and SAS Trustee Corporation
for £4.59 million. Challenger
and STC will also take over
9.9% of the equity contribu-
tion obligations to NEG and
the transaction costs, totalling
around £53.1 million.
After the new investments
and the sale of 19.9% of NEG
shares to Hongkong Electric
Holdings Limited, CKI's stake
is now 40%. E
P
GOAL!
Hutchison scores again!
“Football at 5.15” from Hutchison
3G UK Limited has been voted the
UK’s best mobile service.
Users of the 3 video mobile
can see every goal in Barclays
Premiership football matches –
just minutes after the game.
Readers of What Mobile
magazine gave this service
the highest vote in the What
Mobile Awards 2004/5 – the
biggest ever reader participation
awards in the industry. T
H
The future looks bright for
3 Group: customer numbers are
growing fast, value-added
services are very popular
and revenues are above
market average”
U N I T E D K I N G D O M
“