Asia's Richest Man Li Ka-shing Reaffirms Succession Plan, Says Son Richard In Acquisition Talks

May 26, 2012   |   May 2012 Bond Updates
Hong Kong telecommunications billionaire Richard Li, the younger son of Asia’s richest man Li Ka-shing, is in acquisition talks with “several sizeable companies,” the elder Li said at a press conference on Friday, according to a front-page report in today’s South China Morning Post.  The businesses hold “long-term” prospects and aren’t in the media and entertainment industries, the father said.

View more at: http://www.forbes.com/sites/russellflannery/2012/05/25/asias-richest-man-li-ka-shing-reaffirms-succession-plan-says-son-richard-in-acquisition-talks/
 
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