PCCW-HKT: back around the block

Telco raises $404 million from top up placement.
July 16, 2003

PCCW-HKT returned to the international capital markets for the second time in a week yesterday (Wednesday) with a 715 million share block trade. The offering was led by Citigroup, which also handled the disposal of a 14% stake by Cable & Wireless just over a month ago.

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