City Telecom (HK) Limited's (HKSE:1137) (Nasdaq:CTEL), Mr. NiQ Lai,
CFO and Head of Talent Engagement, was recently interviewed by A
Plus, the monthly publication of the Hong Kong Institute of CPAs.
The full articles are available at the links* below:
Telecom's enfant terrible article
http://ir.ctigroup.com.hk/eng/ir/presentations/pre100806.pdf
Extract: In June, Lai, together with the group's founders and
chief executive, William Yeung, led more than 70 top managers to
Germany for a weeklong trip to "think out of the box." The group
camped in the Black Forest and visited a Porsche factory, a
vineyard, a farm and a concentration camp. He says the farm visit
was an eye-opener: The team met with a farmer in the lumber
business, who told them he was cutting 80-year-old trees planted by
his grandfather decades ago. "At the same time, he said he's
planting the seeds today for his grandchildren," Lai says. "We have
a 10 year view for this company and even a 20-year view. But most
people in the corporate world think in months. This farmer has
shown us how he thinks in decades, in generations. If you really
want to build legacy, you can't think in quarters."
Bridging the gap article
http://ir.ctigroup.com.hk/eng/ir/presentations/pre100806a.pdf
Extract: "As the investor relations industry matures, we need to
move from a traditional, reactive approach, whereby junior staffers
answer questions from investors, to a proactive one," he says. "We
need to proactively seek or attract the right long-term investor
base, and then engage them so that they fully understand our
industry and the strategic role we play. Investor engagement is
important because it can give a company access to capital when it
is needed most. We would not be here today without global
investors. Our competitors have the backing of large conglomerates,
we have the backing of the global capital market," Lai says.
*The articles originally appeared in A Plus, August 2010. Shared
with permission of the Hong Kong Institute of Certified Public
Accountants.
For details, please visit:
http://reg.hkbn.net/ctigroup_admin/files_upload/100806CTEL_PR_CFO_Interview_E.pdf
About City Telecom/Hong Kong Broadband Network
Limited
Established in 1992, City Telecom (H.K.) Limited (HKSE:1137)
(Nasdaq:CTEL) provides integrated telecommunications services in
Hong Kong via its own self-built fibre network. City Telecom's
wholly-owned subsidiary, Hong Kong Broadband Network Limited
(HKBN), is the fastest growing broadband service provider in Hong
Kong. HKBN offers a diversified portfolio of innovative products
that service over 1,027,000 subscriptions for broadband, local
telephony and IP-TV. The Company has built a solid market position
with top-of-the-line applications and practices enabling it
substantial growth. The company takes great pride in developing its
over 3,000 Talent force into a competitive advantage. Additional
information on City Telecom can be found at
www.ctigroup.com.hk.
CONTACT: City Telecom (H.K.) Limited
Corporate Communications
Ms. Jessie Cheng
+852 3145 4118
Fax: +852 2199 8372
chengcm@ctihk.com
Investor Engagement
Ms. Peggy Chan
+852 3145 6068
Fax: +852 2199 8655
investor_engagement@ctihk.com
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