HONG KONG, March 21 |
HONG KONG, March 21 (Reuters) – Telecommunication group PCCW
Ltd (0008.HK) said on Monday it was studying a possible plan to
spin off its telecommunication business by way of trust.
“The company is in the preliminary stages of exploring the
feasibility of a spin-off an2d separate listing of its
telecommunications business in the form of a listed business
trust,” the company said in a filing with the Hong Kong bourse.
PCCW said it had been discussing related regulatory issues
with the regulators in Hong Kong but no decision had been made by
the board. It gave no further details.
(Reporting by Donny Kwok; Editing by Ken Wills)