Power Asset Holdings

Power Assets Holdings Ltd reduces HK Electric Investments IPO size to $3.6B

Power Assets Holdings, the firm controlled by Li Ka-shing, has reduced the initial public offering size of Hong Kong's second largest power supplier, HK Electric Investments, Bloomberg reported.

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Li Ka-shing's Power Assets seeks USD 4.8 billion loan from banks- sources

Sources told Bloomberg that Power Asset Holdings had approached banks for a USD 4.8 billion loan.

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