China Business News: Richard Li to challenge decision to block PCCW buyout

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Richard Li to challenge decision to block PCCW buyout

Sep. 4, 2009 (China Knowledge) - Pacific Century Regional Developments, the Singapore-listed holding company of billionaire Richard Li Tzar-kai, yesterday filed a statement with the stock exchange saying it intends to challenge the ruling that blocked its plan to privatize PCCW<0008>, Hong Kong's largest fixed-line operator. The statement said Pacific Century would take the appeal to Hong K

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