HONG KONG, Feb. 10, 2011 (GLOBE NEWSWIRE) -- City Telecom (H.K.) Limited (HKSE:1137) (Nasdaq:CTEL) is pleased to announce our updated Investor Engagement Global Schedule.
City Telecom is unique within the Hong Kong telecom industry. Rather than being backed by a large conglomerate, City Telecom was founded in 1992 by two entrepreneurial cousins, Ricky Wong, Chairman and Paul Cheung, Vice Chairman on family and friends start-up capital of C$100,000, and we have since relied heavily on the global public capital markets to fund our infrastructure investments over the past 19 years. As such, we see partnership with the public capital markets as being essential to our existence.
In August 2009, after a long infrastructure gestation period, we hired Elite IR and re-launched our Investor Engagement initiative. Since then, global institutional investors holdings of our free float has increased from about 10% to over 50% currently.Upcoming Investor Engagement Global Schedule (Tentative)
|Event Date and Location||Company Representatives|
|7-8 March, Rodman & Renshaw Annual China Investment Conference, Shanghai, China||Alice Wong, Financial Controller|
|7-9 March, Credit Suisse Global Media & Communications Convergence Conference, Miami, Florida, US|
|10 March, Oppenheimer 4th Annual Internet Infrastructure, New York, US||Ricky Wong, Chairman and NiQ Lai, CFO and Head of Talent Engagement|
|11 March, Investor Meetings, Boston, US|
|21-25 March, Credit Suisse Asia Investment Conference, Hong Kong||NiQ Lai, CFO and Head of Talent Engagement|
|28-29 March, City Telecom Analyst Event, Hong Kong (see Appendix 1)||Full Management Team|
|3-6 May, Post FY2011 Interim Results Investor Meetings, London, UK; Amsterdam, Netherlands; Zurich and Geneva, Switzerland and Frankfurt, Germany|
|10-13 May, Jefferies Global Technology, Internet, Media & Telecom Conference, New York, US||William Yeung, CEO and Alice Wong, Financial Controller|
|9-16 May, Post FY2011 Interim Results Investor Meetings, Chicago, New York and San Francisco, US and Toronto, Canada|
|26-27 May, Goldman Sachs Telecom & Internet Corporate Day, Hong Kong||NiQ Lai, CFO and Head of Talent Engagement|
CONTACT: City Telecom Ms. Jessie Cheng, Corporate Communications Tel: +852 3145 4118 Email: firstname.lastname@example.org Elite IR John Marco, Partner Tel: +1310 819 2948 Email: email@example.com