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HTIL is planning to give its shareholders around one-third of the proceeds from the sale of its stake in HEL through a $4.2 billion special dividend.

March 15, 2007
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HTIL is planning to give its shareholders around one-third of the proceeds from the sale of its stake in HEL through a $4.2 billion special dividend. After the special dividend of HK$6.75 a share, Hutchison Telecom will utilise around $1.8 billion to repay debt.

Consequently, it will retain around $5 billion to reinvest in both existing operations and new opportunities.

 
 
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