Article
Deloitte China assists secondary listing of CK Infrastructure on London Stock Exchange
Secondary listing of a global infrastructure company
Published date: 19 August 2024
We are delighted to share that Deloitte China assisted the secondary listing of CK Infrastructure Holdings Limited (CKI; stock code: 01038.HK; ticker symbol: CKI) on the London Stock Exchange on 19 August 2024. This is a secondary listing by a global infrastructure company.
Upon completing this secondary listing, CKI will continue its listing on the Stock Exchange of Hong Kong. This will enable CKI to geographically diversify its shareholder base, build its profile and provide a larger market for trading in the shares.
Client overview
As of 12 August 2024, CKI’s market capitalisation was HKD139.7 billion.
It aims to make the world a better place through a variety of infrastructure investments and developments in different parts of the world. It has diversified investments in energy infrastructure, transportation infrastructure, water infrastructure, waste management, waste-to-energy, household infrastructure and other infrastructure-related businesses. CKI’s businesses primarily span the UK, Australia, New Zealand, Continental Europe, Canada, Hong Kong and Mainland China.
Since 17 July 1996, the company has been listed on the Stock Exchange of Hong Kong.
Source: “UK Announcement – Publication” dated 14 August 2024, taken from the Company’s website
Deloitte’s role
As one of the core service institutes, Deloitte China was deeply involved in the entire process of this secondary listing together with Deloitte UK. Our engagement team maintained a dedicated, diligent attitude with a high-quality philosophy of diligence and excellence. We delivered the highest quality of professional services using our rich industry experience to assist CKI to complete its filing work smoothly at every stage of the secondary Iisting. We also cooperated with related professional parties to complete this secondary listing for CKI on London Stock Exchange.
Deloitte China congratulates CK Infrastructure on its successful secondary listing on the London Stock Exchange. We will continue to provide high quality professional services and outstanding resources integration to assist more clients to take one-step ahead in today's increasingly competitive and complex business environment.