Profile: Power Assets Holdings Ltd (0006.HK)

0006.HK on Hong Kong Stock

81.30HKD
2:59am EST
Change (% chg)

HK$-0.95 (-1.16%)
Prev Close
HK$82.25
Open
HK$82.05
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HK$82.50
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HK$81.05
Volume
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52-wk High
HK$82.50
52-wk Low
HK$57.85

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Power Assets Holdings Limited, formerly Hongkong Electric Holdings Limited, is an investment holding company. Through its subsidiaries, it is engaged in investment in power and utility related businesses outside Hong Kong and generation and supply of electricity to Hong Kong Island and Lamma Island. It has three segments: sales of electricity, which is engaged in the provision of electricity in Hong Kong; infrastructure investment, which is engaged in investments in electricity and other infrastructure projects and is segregated further into four geographical segments, being Australia, United Kingdom, Mainland China and Others, as well as all other activities. Effective August 20, 2014, an investor group, consisted of Cheung Kong (Holdings) Ltd, Cheung Kong Infrastructure Holdings Ltd, a unit of Hutchison Whampoa Ltd's Hutchison Infrastructure Holdings Ltd subsidiary, and Power Assets Holdings Ltd, raised its interest to 96.59% from 17.46% by acquiring a further 79.13% in Envestra Ltd.

Company Address

Power Assets Holdings Ltd

Rooms 1913-1914, 19th Flr, Htchi
10 Harcourt Road
Central
   

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