Citi Appointed Successor Depositary for CLP Holdings Limited ADR Program
January 3, 2008 - Citibank, N.A. (Citi) today announced that it has been appointed successor depositary for CLP Holdings Limited, Hong Kong, one of the leading power companies in the world. The company's Level I American Depositary Shares (ADSs) trade over-the-counter (OTC) in the U.S. The ADS trading symbol is CLPHY, and the CUSIP number is 18946Q101. The underlying ordinary shares are listed on the Main Board of the
Stock Exchange of Hong Kong (stock code: 002).
“CLP Holdings is looking forward to working with Citi's Depositary Receipt Services, and with Citi's high standards and strong commitment in Asian Markets, we look forward to developing a long and successful partnership,” said Mr. Peter P.W. Tse, Group Executive Director & CFO, CLP Holdings Ltd.
“We are delighted that CLP Holdings Limited has appointed Citi as successor depositary and look forward to supporting this program with our superior global resources,” said Nancy Lissemore, Managing Director of Depositary Receipt Services at Citi.
CLP Holdings Limited, Hong Kong, was founded in 1901 as China Light and Power Company Limited in Hong Kong. CLP has grown over the years to become a conglomerate of companies with a portfolio of over 30 generation assets and retail businesses throughout the Asia Pacific region. CLP Holdings Limited is currently one of the most widely held and actively traded stocks on the Hong Kong Stock Exchange. For further information, visit www.clpgroup.com
For further information on Depositary Receipt Services, visit www.citi.com/adr.
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