PCCW provide further information about the HKT spin-off. The offer price per share stapled unit under the global offering is currently expected to be HK$4.53-5.38, repreesenting the market cap of HKT will be $29.068bn - $34.522bn assuming no excercising of over-allotment option. PCCW will hold 63% stakes of HKT which worth $18.31bn-21.75bn. The value of HKT's share account for 79.6%-94.6% of total market cap of PCCW which is 22.98bn at $3.16 apeice.
Financail implication of PCCW