Page 4 - Sphere No.10 (Dec 2003)

SPHERE
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H U T C H I S O N U P D A T E S
Reflecting the Group’s ranking as one of the
world’s leading companies, Hutchison
Whampoa Limited (HWL) has again
notched up an impressive haul of regional and
international titles and awards during the past
six months.
The company was rated for its size and
performance in a variety of categories
through surveys conducted by leading
financial magazines.
The annual “BusinessWeek Global 1000” (July
14 issue) ranked HWL No.140 globally and
No.1 in Hong Kong.
Forbes magazine (July 21) rated HWL No.127
overall in the “The Global 500.”
Euromoney (Sept. issue) named the Group No.1
for “Best Corporate Governance:
Hong Kong & China” and
No.5 for “Best Corporate
Governance: Emerging Markets.”
“The Asset Annual Benchmark
Survey” (Sept. issue) named
HWL No.1 in the category “Best
Credits in Asia —Weighted by
Assets” and No.1 “Best Credits in
Hong Kong —Weighted by Assets.”
IFR Asia (Sept. 20) rated HWL No.1 in
the “Top 50 Asian Issuers” category for
the period 31/8/02 – 31/8/03.
Asian Legal Business (Sept. 25) selected
HWL as winner of the “In-House
Team of theYear” award, a tribute to
the Group’s dynamic team of legal
advisors, headed by Edith Shih. Based in Hong
Kong but working globally, the Group’s legal
team undertakes a range of complex M&A,
financing, IP/IT and regulatory work.
Asia Risk magazine (Oct. issue) named
Hutchison’s Group Treasurer K.S. Chan
“Corporate Risk Manager of theYear,”
an accolade widely seen as a positive vote
of recognition of the
company’s prudent risk
management strategy.
HWL featured prominently
in a long list of rankings in
the Chinese magazine Yazhou
Zhoukan (Oct. 12). It ranked
No.1 in the category “Top
500 Chinese Companies in theWorld”; No.1
“Top 20 Companies in HK”; No.1 “Top 10
Chinese Companies in HK” and; No.1 “Top
20 EBIT Chinese Companies.”
Global Finance (Nov. issue) ranked HWL “Best
Company in Asia — Conglomerates.”
The Banker magazine, the monthly finance title
of the Financial Times, named Hutchison
“Hong Kong Company of theYear, 2003” in
its inaugural awards, citing the Group’s
investment quality, fiscal results,
corporate governance and
creditworthiness.
Finally, HWL was highly
commended for “Best Crisis
Management” at the IR Magazine
Asia Awards 2003.
HWL Chairman Li Ka-shing has pledged to
donate through HWL a total of £2 million
over three years to support Mainland and Hong
Kong scholars in their doctoral studies in the
UK.The sum will be matched by the UK
Government under its Dorothy Hodgkin
Postgraduate Awards scheme.
The Hutchison scholarships will support up to
53 students and form a major part of a new
scheme, announced by British PMTony Blair
on Nov. 17, to bring outstanding overseas
PhD students to top UK universities.
Mr Blair applauded HWL for recognising
the importance of scientific knowledge and
highly skilled people.
Starting in 2004, students will study science,
engineering, medicine, social sciences and
technology.
Mr Li’s donation is the latest move to support
Mainland and Hong Kong scholars to study
in the UK.
In October 2002, the Group donated £2.02
million to expand the British Chevening
Scholarships scheme to include 63 extra
postgraduate scholarships each year over a four-
year period.
Roll of Honour
HUTCHISONWHAMPOA LIMITED
Hutchison Whampoa Limited
(HWL), one of the largest
companies listed on the main
board of the Hong Kong Stock Exchange,
is the holding company of the Hutchison
Whampoa Group of companies.As one of the
earliest big “hongs”, or trading companies,
in Hong Kong, Hutchison’s history dates back
to the 1800s. Today, HWL is a multi-national
conglomerate with businesses spanning 39
countries. With around 167,000 employees
worldwide, Hutchison operates and invests
in five core businesses: ports and related
services; telecommunications; property and
hotels; retail and manufacturing; and energy
and infrastructure.
Its flagship companies include Hutchison Port
Holdings, Hutchison Telecom, Hutchison
Whampoa Properties, A. S. Watson, and
Cheung Kong Infrastructure.
In 2002, HWL’s consolidated revenue was
HK$111,129 million (US$14,247million).
In its sixth visit to the market in 2003, Hutchison completed the largest-ever corporate
bond financing in Asia ex Japan on Nov. 20 with a US$5 billion three-tranche issue via
Citigroup, Goldman Sachs, HSBC and Merrill Lynch as main book runners.
Deutsche Bank, JP Morgan and Morgan Stanley served as separate joint book runners
in the three different tranches.
HWL Sets Bond Financing Record
News
China Beijing Tongrentang (Group) Co. Ltd. (Tongrentang) and Hutchison Chinese
Medicine Investment Ltd. (HCMIL), a wholly owned subsidiary of Hutchison Whampoa
(China) Ltd., on Dec. 12 signed a contract to form a joint venture in Beijing to develop and
invest in traditional Chinese medicine (TCM) business.
The JV company, to be named Beijing Tongrentang Hutchison Pharmaceutical
Investment Co. Ltd., will engage in TCM investment and health-related projects and
enterprises.Total investment of the JV company will be approximately US$239 million, with
Tongrentang and HCMIL each taking a 49% shareholding.The remaining 2% will be taken up
by a third-party enterprise to be named by Tongrentang.
The Right Medicine
£2m Donation
Stokes UK
Scholarships Scheme
C O R P O R A T E