HONG KONG: Li Ka-shing’s flagship infrastructure firm lost its bid to buy out a cash-rich Hong Kong utility for US$12.4bil (RM52.5bil) on Tuesday, in a defeat for the billionaire investor as he seeks to broaden his investments away from slowing growth in China.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!