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Archive for March 6th, 2009

PCCW: Joseph Lau Luen-Hung speaks out

In today’s newspapers, billionaire Joseph Lau Luen-Hung, chairman of Chinese Estates, said that he is sick of a small group of people who are only very small shareholders and making a lot of noise on the privatisation. Also, he claimed that he knows who is fooling around behind the PCCW privatisation scandal, and that the motivation behind may not be business-related… it can be related to a fight for a wife, a girl friend, etc… Sounds very mysterious to me and a lot of the readers, but I suppose Richard Li should know what he is talking about!

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