Sunday Communications to Delist ADS Dec 2, 2006
Hong Kong-based wireless service provider Sunday Communications Ltd. said Friday it plans to delist its American Depositary shares from the Nasdaq on Dec. 21. The company said it is asking the exchange to suspend trading of its shares on Dec. 12. (Forbes -- Markets)
Sunday Comm surges after PCCW offer Oct 5, 2006
4%-owned mobile unit Sunday Communications Ltd, sending shares in the cellular arm surging as much as 20. The move comes nearly a year after minority shareholders in Sunday rejected a plan by PCCW to take it private and ahead of a change in control at the fixed line firm next month, when chairman Richard Li hands the reins to Hong Kong financier Francis Leung. (The Star Online, Malaysia -- Business)
PCCW bolsters Sunday shares Oct 4, 2006
HONG KONG Shares of Sunday Communications rose to their highest in almost eight months on Wednesday after the company's parent, PCCW, the largest Hong Kong phone company, offered to buy its mobile network assets for 1. 94 billion Hong Kong dollars, or $249 million. (International Herald Tribune -- Business Asia)
PCCW to buy Sunday's assets Oct 4, 2006
HONG KONG (Reuters) - Sunday Communications Ltd. (0866. HK: , , ) said parent PCCW Ltd. (0008. (Reuters.uk)
PCCW shares suspended pending announcement Jul 25, 2006
HONG KONG : Shares in Hong Kong's dominant phone operator PCCW and in its mobile arm SUNDAY Communications have been suspended from trading pending an announcement, the stock exchange said Tuesday. PCCW last traded at 4. (Channelnewsasia.com)
PCCW Suspends Trading of Shares in Hong Kong After Report on Buyout Offer Jul 10, 2006
Sunday Communications Ltd., PCCW's mobile-phone unit, suspended trading in Hong Kong pending PCCW's announcement. PCCW owns 79 percent of Sunday's shares, according to Bloomberg data. (Bloomberg -- Australia & New Zealand)
Hong Kong consortium in rival bid for PCCW: report Jul 10, 2006
On Monday, trading of shares in PCCW and its mobile service SUNDAY Communications has suspended pending on announcement by PCCW.. PCCW last traded at 5. (Channelnewsasia.com)
PCCW Agrees to Further Talks on Macquarie, TPG-Newbridge Offers, Li Says Jul 3, 2006
Stock in Sunday Communications Ltd., PCCW's cellular unit and a potential sale asset, rose 1. 8 percent to 57 Hong Kong cents. (Bloomberg -- Australia & New Zealand)
PCCW head sees dream dissolve Jun 28, 2006
PCCW last year re-entered Hong Kong mobile services, buying control of Sunday Communications. It is Li's success stories that are attracting buyers. (International Herald Tribune)
* PCCW shares fall amid speculation Jun 24, 2006
Trading of PCCW and its mobile phone unit SUNDAY Communications Ltd resumed yesterday. Hong Kong media reported yesterday that a group of private equity investors would join Macquarie and Newbridge in bidding for PCCW's assets. (Taipei Times, Taiwan -- World)
Legislator says any attempt to stop PCCW deal will hurt Hong Kong's image Jun 23, 2006
65 hkd and unit SUNDAY Communications was down 0. 02 hkd or 3. (Forbes -- Technology)
* Macquarie offer for PCCW faces rival bid and roadblocks Jun 22, 2006
Meanwhile, PCCW, controlled by Richard Li (A), the younger son of Hong Kong tycoon Li Ka-shing (), and its cellphone unit SUNDAY Communications Ltd were suspended from trading in Hong Kong yesterday pending an announcement about a possible deal. PCCW Ltd said on Tuesday that it has received an offer to buy its telecommunications and media assets, and Hong Kong newspapers have reported that Macquarie is the potential buyer and has put up HK$40 billion (US$5. (Taipei Times, Taiwan -- World)
Macquarie confirms PCCW talks Jun 21, 2006
Shares in PCCW and related companies Sunday Communications and Pacific Century Premium Developments were suspended in Hong Kong Monday. PCRD shares in Singapore also were suspended. (CNN -- International)
Macquarie in bidding war for HK telco Jun 21, 2006
These include the fixed-line network, listed mobile operator Sunday Communications Ltd and a broadband television unit ... Shares in PCCW and Sunday Communications Ltd were immediately suspended as the possibility of a bidding war gained momentum. (Sydney Morning Herald -- Business)
Macquarie Considers Buying PCCW Assets Amid Bidding War Report Jun 21, 2006
PCCW mobile-phone unit Sunday Communications Ltd. was also suspended from trading, as was Pacific Century Regional Developments Ltd., a Singapore-listed PCCW shareholder. The valuation is pretty attractive,'' said Judy Zhang, an analyst in Hong Kong at Sun Hung Kai Research. (Bloomberg)
Major shakeup in Hong Kong telecoms seen as offers for PCCW emerge Jun 21, 2006
The news came as shares in Hong Kong phone operator PCCW and its unit, mobile service Sunday Communications, were suspended Wednesday pending the announcement of a possible deal ... 33 percent Tuesday while Sunday Communications was at 0. (Channelnewsasia.com)
Macquarie Bank may buy PCCW assets Jun 20, 2006
It also has a mobile phone arm, Sunday Communications Ltd, which is also listed. Deutsche Bank telecommunications analyst Richard Long said the Hong Kong infrastructure market was highly competitive. (Sydney Morning Herald -- Business)
Hong Kong's PCCW returns to mobile phone business Jan 11, 2006
PCCW, which last year bought control of small cellular carrier, Sunday Communications Ltd. , said in a statement that it would offer a free six-month trial of its new 3G mobile services with the aim of generating feedback from customers. Entering the 3G business pits PCCW, controlled by Richard Li, against conglomerate Hutchison Whampoa Ltd. , which is controlled by his father, Li Ka-shing, and runs the city's biggest cellular carrier. (Reuters Asia)