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Richard Li Tzar-kai’s Pacific Century Premium Developments will partner with Hong Kong-listed CSI Properties to jointly develop a prime residential site near the city’s main business and nightlife hubs.
The project’s value would top the HK$40.2 billion price that Li’s father fetched for selling The Center office tower in Hong Kong.
PCCW, the flagship company of tycoon Richard Li Tzar-kai, is looking to expand its regional presence in the media and IT services businesses after reporting a 1 per cent increase in core profit for 2016.
PCCW's net asset value (calculated using SOTP) is at least 53% higher than its current market cap.
This is not true. In this article, I describe 10 liquid net-nets with market caps above 100 million USD.
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