Wharf Holdings Ltd (0004.HK)
21 Feb 2017
Thu, Feb 2 2017
BRIEF-City Developments to buy Ransomes Wharf site in London to develop £222 mln luxury residential project
* Exchanges contracts to buy Ransomes Wharf site in Battersea South West London to develop a £222 million luxury residential project
(The following statement was released by the rating agency) HONG KONG, January 24 (Fitch) Fitch Ratings has revised Hong Kong-based The Wharf (Holdings) Limited's Outlook to Positive from Stable. The Long-Term Issuer Default Rating (IDR) has been affirmed at 'A-'. The full list of rating actions is at the end of this commentary. The Positive Outlook is driven by Wharf's improved financial profile and the increasing stability of its China portfolio. Higher China risk exposure than its peers
HONG KONG, Oct 18 Hong Kong-based Wharf Holdings Ltd's 4 billion yuan ($599.84 million) issuance of "panda bonds" in China was three times oversubscribed in a sale that signalled rising interest for onshore yuan-denominated debt.
HONG KONG Hong Kong tycoon Peter Woo's Wharf Holdings Ltd has agreed to sell its telecom business to a consortium of private equity firms TPG Capital Management LP and MBK Partners Inc for HK$9.5 billion ($1.22 billion), the company said on Tuesday.
* Sale includes Wharf T&T, but not broadcaster I-Cable (Adds company's statement)
* Unit entered into agreement with buyer to dispose of entire equity interests in Wharf T&T
HONG KONG, Oct 4 Hong Kong tycoon Peter Woo's Wharf Holdings Ltd has agreed to sell its telecom business to a consortium of TPG Capital Management LP and MBK Partners for HK$9.5 billion ($1.22 billion), a person familiar with the matter told Reuters on Tuesday.
HONG KONG, Sept 7 KKR & Co LP and HKBN Ltd have placed final bids for the Hong Kong telecom arm of Wharf Holdings Ltd, in a deal likely to fetch $1 billion to $1.2 billion, people familiar with the matter told Reuters.